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How to buy HireQuest (HQI) stocks in Canada

Learn how to easily invest in HireQuest stocks.

HireQuest Inc
NASDAQ: HQI - USD
$18.18
+ $0.08 ( + 0.44%)
STAFFING & EMPLOYMENT SERVICES

HireQuest is a staffing & employment services business based in the US. HireQuest stocks (HQI.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $18.18 – a decrease of 5.8% over the previous week. HireQuest employs 40 staff and has a trailing 12-month revenue of around $19.4 million.

How to buy shares in HireQuest

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – HQI – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy HireQuest stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted HireQuest's stock price?

Since the stock market crash in March caused by coronavirus, HireQuest's stock price has had significant positive movement.

Its last market close was $18.18, which is 62.71% up on its pre-crash value of $6.78 and 263.60% up on the lowest point reached during the March crash when the stocks fell as low as $5.

If you had bought $1,000 worth of HireQuest stocks at the start of February 2020, those stocks would have been worth $944.68 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,646.28.

HireQuest stock price (NASDAQ:HQI)

Use our graph to track the performance of HQI stocks over time.

HireQuest shares at a glance

Information last updated 2022-01-11.
Latest market close$18.18
52-week range$9.83 - $25.62
50-day moving average $20.45
200-day moving average $19.52
Wall St. target price$26.00
PE ratio 23.212
Dividend yield $0.22 (1.3%)
Earnings per share (TTM) $0.80

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HireQuest price performance over time

Historical closes compared with the close of $18.18 from 2022-01-14

1 week (2022-01-10) -1.73%
1 month (2021-12-17) -9.51%
3 months (2021-10-15) -4.32%
6 months (2021-07-16) 1.56%
1 year (2021-01-15) 78.24%
2 years (2020-01-16) 159.71%
3 years (2019-01-16) 310.38%
5 years (2017-01-13) 288.46%

Is HireQuest under- or over-valued?

Valuing HireQuest stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of HireQuest's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

HireQuest's P/E ratio

HireQuest's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, HireQuest shares trade at around 23x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

HireQuest's EBITDA

HireQuest's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $10.2 million.

The EBITDA is a measure of a HireQuest's overall financial performance and is widely used to measure a its profitability.

HireQuest financials

Revenue TTM $19.4 million
Operating margin TTM 47.03%
Gross profit TTM $13.8 million
Return on assets TTM 9.2%
Return on equity TTM 27.35%
Profit margin 56.78%
Book value $3.30
Market capitalisation $254.1 million

TTM: trailing 12 months

HireQuest share dividends

25%

Dividend payout ratio: 24.62% of net profits

Recently HireQuest has paid out, on average, around 24.62% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.3% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), HireQuest shareholders could enjoy a 1.3% return on their shares, in the form of dividend payments. In HireQuest's case, that would currently equate to about $0.22 per share.

While HireQuest's payout ratio might seem low, this can signify that HireQuest is investing more in its future growth.

HireQuest's most recent dividend payout was on 15 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 November 2021 (the "ex-dividend date").

Have HireQuest's shares ever split?

HireQuest's shares were split on a 1:12 basis on 8 December 2017. So if you had owned 12 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your HireQuest shares – just the quantity. However, indirectly, the new 1100% higher share price could have impacted the market appetite for HireQuest shares which in turn could have impacted HireQuest's share price.

HireQuest share price volatility

Over the last 12 months, HireQuest's shares have ranged in value from as little as $9.834 up to $25.6206. A popular way to gauge a stock's volatility is its "beta".

HQI.US volatility(beta: 0.67)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while HireQuest's is 0.6707. This would suggest that HireQuest's shares are less volatile than average (for this exchange).

HireQuest overview

HireQuest, Inc. provides on-demand and temporary staffing solutions in the United States. The company provides temporary staffing services, including skilled and semi-skilled labor and industrial personnel, clerical and administrative personnel, and construction personnel. As of March 25, 2021, the company had a network of approximately 139 franchisee-owned offices in 35 states and the District of Columbia. It serves customers primarily in the construction, industrial/manufacturing, warehousing, hospitality, recycling/waste management, disaster recovery, logistics, auctioneering, landscaping, and retail industries. The company was formerly known as Command Center, Inc. and changed its name to HireQuest, Inc.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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