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How to buy HireQuest stock in Canada | $17.81
Own HireQuest shares in just a few minutes.
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 – an increase of 0.28% over the previous week. HireQuest employs 40 staff and has a trailing 12-month revenue of around $13.1 million.
How to buy HireQuest stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: HQI in this case.
- Research HireQuest stocks. The platform should provide the latest information available.
- Buy your HireQuest stocks. It's that simple.
What's in this guide?
- Can I buy shares in HireQuest?
- Has coronavirus impacted HireQuest shares?
- HireQuest shares summary
- Compare share dealing platforms
- Is HireQuest stock a buy or sell?
- HireQuest performance over time
- Can I short HireQuest shares?
- Are HireQuest shares over-valued?
- HireQuest's financials
- How volatile are HireQuest shares?
- Does HireQuest pay a dividend?
- Have HireQuest shares ever split?
- Other common questions
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 $17.81, which is 61.93% up on its pre-crash value of $6.78 and 256.20% 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 $2,592.42.
HireQuest stock priceUse our graph to track the performance of HQI stocks over time.
HireQuest stocks at a glance
|Latest market close||$17.81|
|52-week range||$5.6491 - $22.9|
|50-day moving average||$19.4424|
|200-day moving average||$17.0462|
|Wall St. target price||$2.1|
|Dividend yield||$0.15 (0.82%)|
|Earnings per share (TTM)||$0.6|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
HireQuest price performance over time
|1 month (2021-07-02)||-2.57%|
|3 months (2021-04-30)||-2.89%|
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 31x. In other words, HireQuest stocks trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the stocks or simply that they're over-valued.
HireQuest's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$6.8 million.
The EBITDA is a measure of a HireQuest's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$13.1 million|
|Operating margin TTM||48.68%|
|Gross profit TTM||USD$13.8 million|
|Return on assets TTM||7.14%|
|Return on equity TTM||22.8%|
|Market capitalisation||USD$249.1 million|
TTM: trailing 12 months
How to short and sell HireQuest stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "HQI.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 114,972 HireQuest stocks held short by investors – that's known as HireQuest's "short interest". This figure is 10.9% down from 129,019 last month.
There are a few different ways that this level of interest in shorting HireQuest stocks can be evaluated.
HireQuest's "short interest ratio" (SIR)
HireQuest's "short interest ratio" (SIR) is the quantity of HireQuest stocks currently shorted divided by the average quantity of HireQuest stocks traded daily (recently around 66457.803468208). HireQuest's SIR currently stands at 1.73. In other words for every 100,000 HireQuest stocks traded daily on the market, roughly 1730 stocks are currently held short.
However HireQuest's short interest can also be evaluated against the total number of HireQuest stocks, or, against the total number of tradable HireQuest stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case HireQuest's short interest could be expressed as 0.01% of the outstanding stocks (for every 100,000 HireQuest stocks in existence, roughly 10 stocks are currently held short) or 0.0228% of the tradable stocks (for every 100,000 tradable HireQuest stocks, roughly 23 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against HireQuest.
Find out more about how you can short HireQuest stock.
HireQuest stock dividends
Dividend payout ratio: 33.18% of net profits
Recently HireQuest has paid out, on average, around 33.18% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.31% 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 1.31% return on their shares, in the form of dividend payments. In HireQuest's case, that would currently equate to about $0.15 per share.
While HireQuest's payout ratio might seem fairly standard, it's worth remembering that HireQuest may be investing much of the rest of its net profits in future growth.
HireQuest's most recent dividend payout was on 15 June 2021. The latest dividend was paid out to all shareholders who bought their stocks by 28 May 2021 (the "ex-dividend date").
Have HireQuest stocks ever split?
HireQuest stocks 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 stocks – just the quantity. However, indirectly, the new 1100% higher stock price could have impacted the market appetite for HireQuest stocks which in turn could have impacted HireQuest's stock price.
HireQuest stock price volatility
Over the last 12 months, HireQuest's stocks have ranged in value from as little as $5.6491 up to $22.9. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while HireQuest's is 1.0017. This would suggest that HireQuest's stocks are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
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. in September 2019. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.
Stocks similar to HireQuest
HireQuest in the news
The Returns On Capital At HireQuest (NASDAQ:HQI) Don't Inspire Confidence
What Type Of Shareholders Own The Most Number of HireQuest, Inc. (NASDAQ:HQI) Shares?
HireQuest Announces Closing of $63.2 Million Credit Facility
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