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HQI logo HQI
Upturn stock ratingUpturn stock rating
HQI logo

Hirequest Inc (HQI)

Upturn stock ratingUpturn stock rating
$9.57
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

08/28/2025: HQI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

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 $8.88
Current$9.57
52w High $15.5

Analysis of Past Performance

Type Stock
Historic Profit -38.2%
Avg. Invested days 19
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 134.94M USD
Price to earnings Ratio 50.37
1Y Target Price 14
Price to earnings Ratio 50.37
1Y Target Price 14
Volume (30-day avg) 2
Beta 1.21
52 Weeks Range 8.88 - 15.50
Updated Date 08/28/2025
52 Weeks Range 8.88 - 15.50
Updated Date 08/28/2025
Dividends yield (FY) 2.51%
Basic EPS (TTM) 0.19

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-08-07
When -
Estimate 0.18
Actual 0.15

Profitability

Profit Margin 7.47%
Operating Margin (TTM) 13.66%

Management Effectiveness

Return on Assets (TTM) 5.03%
Return on Equity (TTM) 4.05%

Valuation

Trailing PE 50.37
Forward PE 23.92
Enterprise Value 136595000
Price to Sales(TTM) 4.14
Enterprise Value 136595000
Price to Sales(TTM) 4.14
Enterprise Value to Revenue 4.19
Enterprise Value to EBITDA 23.89
Shares Outstanding 14100000
Shares Floating 5606026
Shares Outstanding 14100000
Shares Floating 5606026
Percent Insiders 60.77
Percent Institutions 12.53

ai summary icon Upturn AI SWOT

Hirequest Inc

stock logo

Company Overview

overview logo History and Background

Hirequest, Inc. was founded in 2002. It operates as a franchisor of staffing service solutions, providing temporary staffing, executive search, and other workforce solutions through its network of franchised locations. They have grown organically and through acquisitions.

business area logo Core Business Areas

  • Franchising: The company's primary business model involves franchising its Hirequest brand and operational systems to independent business owners. These franchisees operate staffing service locations.
  • Temporary Staffing: Hirequest and its franchisees provide temporary staffing services to businesses across various industries, matching workers with short-term and project-based employment opportunities.
  • Executive Search: The company also offers executive search services, assisting clients in recruiting and hiring permanent employees for professional and managerial roles.

leadership logo Leadership and Structure

Rick Hermanns serves as the President and CEO. Hirequest operates under a franchise model, with a corporate headquarters overseeing the franchised locations. The organizational structure includes departments for franchise support, operations, marketing, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Temporary Staffing Solutions: Hirequest provides temporary staffing services across industries like construction, manufacturing, and logistics. Market share is fragmented within the staffing industry. Major competitors include TrueBlue (TBI), ManpowerGroup (MAN), and Robert Half (RHI). Hard to pinpoint, but estimated at <1% of the total staffing market.
  • Executive Search: Hirequest provides permanent placement staffing for mid to senior level managers. Market share is again very fragmented. Competitors include Robert Half, Korn Ferry (KFY), and Heidrick & Struggles (HSII). Hard to pinpoint, but estimated at <0.1% of the total staffing market.

Market Dynamics

industry overview logo Industry Overview

The staffing industry is cyclical and heavily reliant on economic conditions. Demand fluctuates with unemployment rates and business activity. The industry is becoming increasingly digitized with the rise of online staffing platforms.

Positioning

Hirequest is positioned as a franchisor in the staffing industry, allowing it to expand rapidly with limited capital expenditure. Their model enables local market expertise through franchisees.

Total Addressable Market (TAM)

The global staffing market is estimated to be in the hundreds of billions of dollars. Given Hirequest's market share, there is substantial opportunity for growth.

Upturn SWOT Analysis

Strengths

  • Franchise model allows for rapid expansion
  • Recurring revenue from franchise fees
  • Diverse client base across multiple industries
  • Experienced leadership team
  • Strong Free Cash Flow

Weaknesses

  • Reliance on franchisees for operational execution
  • Potential for franchisee disputes
  • Vulnerability to economic downturns
  • Limited brand recognition compared to larger staffing firms
  • Smaller market share than larger competitors

Opportunities

  • Expansion into new geographic markets
  • Increased adoption of technology to improve efficiency
  • Acquisition of smaller staffing firms
  • Growth in demand for temporary and contract workers
  • Focus on specialization within certain industry segments

Threats

  • Economic recessions impacting demand for staffing services
  • Increased competition from online staffing platforms
  • Changes in labor laws and regulations
  • Rising labor costs
  • Disruptive technologies in the labor market

Competitors and Market Share

competitor logo Key Competitors

  • TBI
  • MAN
  • RHI

Competitive Landscape

Hirequest competes with larger, more established staffing firms and faces increasing competition from online staffing platforms. Its franchise model provides a unique advantage in terms of local market knowledge and scalability.

Major Acquisitions

DM Staffing, Inc

  • Year: 2024
  • Acquisition Price (USD millions): 3.5
  • Strategic Rationale: Expanding their franchise location reach and increasing market presence. To grow revenues.

Rise Staffing Services

  • Year: 2023
  • Acquisition Price (USD millions): 8.75
  • Strategic Rationale: Expanding their franchise location reach and increasing market presence. To grow revenues.

Growth Trajectory and Initiatives

Historical Growth: Hirequest has demonstrated growth through organic expansion and strategic acquisitions.

Future Projections: Analyst estimates should be sourced from reputable financial news providers. Predictions vary.

Recent Initiatives: Recent initiatives would be focused on continued acquisition growth and franchise expansion.

Summary

Hirequest is a smaller player in the staffing industry leveraging a franchise model for growth. Their strength lies in the scalability and local expertise offered by their franchisees. They face strong competition from larger firms and must effectively manage their franchise network. Continued acquisitions and tech adoption are crucial for future success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Financial news sources

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change. Actual numbers will be needed to update Financial Performance.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.