HQI official logo HQI
HQI 1-star rating from Upturn Advisory
Hirequest Inc (HQI) company logo

Hirequest Inc (HQI)

Hirequest Inc (HQI) 1-star rating from Upturn Advisory
$9.82
Last Close (24-hour delay)
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Upturn Advisory Summary

11/11/2025: HQI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $14

1 Year Target Price $14

Analysts Price Target For last 52 week
$14 Target price
52w Low $7.75
Current$9.82
52w High $15.5

Analysis of Past Performance

Type Stock
Historic Profit -36.37%
Avg. Invested days 19
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/11/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 139.57M USD
Price to earnings Ratio 19.1
1Y Target Price 14
Price to earnings Ratio 19.1
1Y Target Price 14
Volume (30-day avg) 2
Beta 1.14
52 Weeks Range 7.75 - 15.50
Updated Date 11/11/2025
52 Weeks Range 7.75 - 15.50
Updated Date 11/11/2025
Dividends yield (FY) 2.48%
Basic EPS (TTM) 0.52

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-11-06
When -
Estimate 0.14
Actual 0.24

Profitability

Profit Margin 21.92%
Operating Margin (TTM) 31.48%

Management Effectiveness

Return on Assets (TTM) 4.72%
Return on Equity (TTM) 11.08%

Valuation

Trailing PE 19.1
Forward PE 24.81
Enterprise Value 137574443
Price to Sales(TTM) 4.4
Enterprise Value 137574443
Price to Sales(TTM) 4.4
Enterprise Value to Revenue 4.22
Enterprise Value to EBITDA 24.06
Shares Outstanding 14055475
Shares Floating 5623785
Shares Outstanding 14055475
Shares Floating 5623785
Percent Insiders 60.77
Percent Institutions 12.57

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Hirequest Inc

Hirequest Inc(HQI) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Hirequest Inc. (HQI) was founded in 2002. It primarily grows through acquisitions of staffing companies, focusing on the industrial, construction, and general staffing sectors. The company aims to expand its national footprint and increase profitability through operational efficiencies and franchise support.

Company business area logo Core Business Areas

  • Franchising: Hirequest franchises temporary staffing offices, providing a network and support system for franchisees.
  • Direct Operations: Hirequest operates its own company-owned branches, providing staffing services directly to clients.

leadership logo Leadership and Structure

Rick Hermanns is the CEO. The company operates with a corporate structure overseeing both franchise operations and direct company-owned branches. There is a board of directors with various financial professionals.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Temporary Staffing: Provides temporary workers for various industries, including industrial, construction, and general labor. Market share information is dispersed across the staffing industry; specific figures for HQI for temporary staffing is estimated between 1-5%. Competitors include TrueBlue (TBI), ManpowerGroup (MAN), and Robert Half (RHI).
  • Permanent Placement: Facilitates permanent job placements for clients. Relatively small revenue stream, but growing. Market share is small, with major competitors being LinkedIn, Robert Half (RHI), and Indeed.

Market Dynamics

industry overview logo Industry Overview

The staffing industry is fragmented and cyclical, heavily influenced by economic conditions. Demand fluctuates with employment rates and business cycles.

Positioning

Hirequest focuses on the industrial and construction staffing segments. The franchise model allows for rapid expansion with lower capital expenditure than operating company-owned branches alone. It has advantages due to the lower operating risk with the Franchise model.

Total Addressable Market (TAM)

The US staffing industry is estimated to be worth hundreds of billions of dollars annually. HQI's TAM consists of the segments in which they operate (industrial, construction) that can be estimated at more than $100 billion. HQI is positioned to capture a larger portion of this TAM through strategic acquisitions and organic growth.

Upturn SWOT Analysis

Strengths

  • Franchise model allows for rapid expansion
  • Focus on industrial and construction sectors
  • Acquisition strategy for growth
  • Experienced management team

Weaknesses

  • Reliance on franchisee performance
  • Exposure to economic cycles
  • Smaller market capitalization compared to major competitors
  • Potential integration challenges from acquisitions

Opportunities

  • Expansion into new geographic markets
  • Increasing demand for skilled labor
  • Technological advancements in staffing solutions
  • Further acquisitions of complementary businesses

Threats

  • Economic downturns impacting demand
  • Increased competition from larger staffing firms
  • Changes in labor laws and regulations
  • Difficulties in attracting and retaining qualified franchisees

Competitors and Market Share

Key competitor logo Key Competitors

  • TBI
  • MAN
  • RHI

Competitive Landscape

Hirequest competes with larger, more established staffing firms. Its franchise model provides a competitive advantage in terms of scalability and capital efficiency. HQI's industrial and construction staffing focus provides some niche market advantages.

Major Acquisitions

DM Staffing

  • Year: 2023
  • Acquisition Price (USD millions): 18.5
  • Strategic Rationale: Expanded presence in the Southeastern US, adding to the company's industrial staffing capabilities. This increases HQI's network.

Growth Trajectory and Initiatives

Historical Growth: Hirequest has grown substantially through acquisitions, expanding its footprint and revenue base.

Future Projections: Analysts project continued revenue growth driven by further acquisitions and organic growth. Profitability is expected to remain stable, depending on the successful integration of acquired companies.

Recent Initiatives: Recent initiatives include acquiring additional staffing firms, improving franchisee support, and investing in technology to enhance service delivery. Some strategic initiatives include expanding its branch network and expanding its franchise base.

Summary

Hirequest operates on a franchise model with a focus on growth by acquisition. The company has seen revenues grow in recent years with stable profit margins. Key risks include exposure to economic cycles and reliance on franchisee success. Its strategic focus in industrial and construction staffing offers strong competitive advantages.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Hirequest Inc. Investor Relations
  • SEC Filings (10-K, 10-Q)
  • Staffing Industry Analysts (SIA)
  • Yahoo Finance
  • Company Press Releases

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Market share data is estimated and may vary. Investment decisions should be based on thorough research and consultation with a financial advisor.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Hirequest Inc

Exchange NASDAQ
Headquaters Goose Creek, SC, United States
IPO Launch date 2002-06-06
Chairman, President & CEO Mr. Richard F. Hermanns
Sector Industrials
Industry Staffing & Employment Services
Full time employees 92
Full time employees 92

HireQuest, Inc. provides staffing solutions in the United States. The company offers direct-dispatch, executive search, commercial staffing, unskilled and semi-skilled industrial, construction personnel, skilled and semi-skilled industrial personnel, clerical and administrative personnel, permanent placement, commercial and non-CDL drivers, skilled personnel, and executive placement and consultant services. It provides its services under the HireQuest Direct, HireQuest, Snelling, DriverQuest, HireQuest Health, Northbound Executive Search, and MRI trade names. The company serves construction, recycling, warehousing, logistics, auctioneering, manufacturing, hospitality, landscaping, and retail industries, as well as dental practices. HireQuest, Inc. was founded in 2002 and is headquartered in Goose Creek, South Carolina.