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How to Buy Hirequest Stock

Hirequest Inc

HireQuest, Inc. provides 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.

Hirequest stock last closed at $12.04, down 0.58% from the previous day, and has decreased 44.8% in one year. It has underperformed other stocks in the Staffing & Employment Services industry by 0.42 percentage points. Hirequest stock is currently +5.6% from its 52-week low of $11.40, and -59.02% from its 52-week high of $29.38.

At the moment, there are 14M HQI shares outstanding. The market value of HQI is $168.56M. In the past 24 hours, 7580 HQI shares were traded.

How to Buy Hirequest Stock

Not sure how to invest in Hirequest stock? Here's how.
  1. Figure out where to buy Hirequest stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Hirequest stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Select your payment method and add your details.
  4. Research Hirequest stock: The Hirequest ticker symbol is HQI. Is Hirequest stock a good investment? Should you buy shares of HQI? How do HQI's underlying business fundamentals look? Do top analysts think Hirequest is a good buy? Why has HQI's stock price moved recently? (Hint: Our stock research tools can help you figure out if HQI is a good stock to buy).
  5. Place your HQI trade: Decide if you will purchase HQI shares at the current market price or use a limit order to purchase HQI stock at a particular price.
  6. Get key alerts regarding your HQI investment: Create a watchlist to keep tabs on your investment in Hirequest stock.

Step 1: Figure out where to buy Hirequest stock

You will need a brokerage account to access the NASDAQ market and buy HQI shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can invest in HQI stock today.

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  1. Click here to get started.
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  2. Enter your personal info to create your new trading account.
  1. Send your data by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've created your account on apps for stock market, your next step is to transfer the money for your investment:

Check out this video walkthrough if you need help depositing money into your new investment account.

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Step 4: Research Hirequest stock

After you have selected the best place to buy Hirequest stock, it's important to research their stock prior to buying, so you truly understand the risk and upside.

Hirequest Numbers

HQI Price
$12.04
1w %
-6.88%
1y %
-44.8%
5y %
111.6%
P/E
26.76x
P/B
2.69x
P/S
4.37x
PEG
N/A
Revenue
$37.88M
Earnings
$6.14M
Fore. Rev. Growth
-3.01%
Fore. Earn. Growth
N/A
Market Cap
$168.56M
Next Earnings
May 9, 2024
Next Dividend
N/A

Fundamentals of Hirequest

WallStreetZen was created to help average investors do better fundamental analysis in less time.

You can view all of the due diligence checks on HQI's stock page.

Is HQI stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HQI's true value.

Using relative valuations measures:

  • HQI could be undervalued based on its P/E ratio of 26.76x, relative to Staffing & Employment Services industry P/E ratio of 26.8x
  • HQI could be undervalued based on its P/B ratio of 2.69x, relative to Staffing & Employment Services industry P/B ratio of 9.41x

You can access additional valuation analysis on HQI's stock here.

HQI Financial Health Overview

Positive Financial Indicators:

  • There are more short-term assets than short-term liabilities on the HQI balance sheet.
  • Total HQI debt is lower than 5 years ago, relative to shareholder equity.
  • HQI earnings of $8.87M is not enough to cover its interest payments.
  • HQI's operating cash flow of $10.62M allows it to safely service it's debt of $14.77M.
  • There are more short-term assets than long-term liabilities on the HQI balance sheet.

Negative Financial Indicators:

  • HQI has a relatively high debt to equity ratio of 0.66.
  • HQI profit margin has gone down from 40.2% to 16.2% in the past year.

Is Hirequest stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Equities analysts who monitor HQI, the consensus analyst rating on Hirequest is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Hirequest stock forecast page.

HQI Technicals

SMA10
12.81
SMA20
12.79
SMA50
12.81
SMA100
13.78
SMA200
16.22
MACD
-0.1
MACD Signal
-0.01
MACD Histogram
-0.09
RSI
35.17
Stochastic %K
11.84
Stochastic %D
27.31
StochRSI %K
0
StochRSI %D
6.17

HQI Performance Numbers

Last year, HQI earnings were $6.14M. In the last five year, HQI's earnings have gone up by -8.97% per year. This was slower than the Staffing & Employment Services industry average of 51.44%.

Last year, HQI revenue was $37.88M. Over the past 5 year, HQI's revenue has gone up by 25.17% per year. This was faster than the Staffing & Employment Services industry average of 8.5%.

Learn more about HQI's earnings and revenue performance here.

Are HQI insiders buying or selling the stock?

Over the last 12 months, insiders at HQI have bought more shares than they have sold.

Richard Hermanns, President and CEO of HQI, was the latest HQI insider to buy. They bought $4,808.00 worth of HQI stock on Mar 26, 2024.

Dig into more about who owns HQI shares here.

Can I get consistent income from HQI stock?

Hirequest pays a dividend of 1.99%, compared to the Staffing & Employment Services industry's average dividend yield of 2.4%. If you owned $1,000 of HQI stock, you would have received $19.93 in the past 12 months.

Find more data about Hirequest dividend yield and history here.

What others are saying about HQI

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Place your HQI trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, use a limit order.

Hit the Open Trade button and your broker will execute the order.

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Step 6: Get key alerts regarding your HQI investment

Now that you own some HQI stock, you'll want to keep up with your new stock purchase.

Put HQI on a watchlist to track the latest developments regarding your HQI stock.

HQI Feed

How to Buy Stock in Hirequest

To summarize, here are the 6 steps you need to take to buy Hirequest stock right now:

  1. Figure out where to buy Hirequest stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Research Hirequest stock
  5. Place your HQI trade
  6. Get key alerts regarding your HQI investment

If you need a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Hirequest, add HQI to your watchlist by clicking the button below.

NASDAQ: HQI
$12.04-0.07 (-0.58%)
Updated Apr 18, 2024
Open eToro Account
NASDAQ: HQI
$12.04-0.07 (-0.58%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hirequest share?

As of Apr 18, 2024, it costs $12.04 to buy one share of Hirequest stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.498 shares of HQI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Hirequest stock?

According to 2 Wall Street analysts who monitor Hirequest, their consensus recommendation is to buy Hirequest stock.

What is the best way to buy Hirequest stock?

One way to place an order for Hirequest stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.