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HQI Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
13.385
Open
13.095
VWAP
13.05
Vol
31.68K
Mkt Cap
182.79M
Low
12.625
Amount
413.56K
EV/EBITDA(TTM)
18.03
Total Shares
13.90M
EV
180.38M
EV/OCF(TTM)
17.33
P/S(TTM)
6.14
HireQuest, Inc. is a franchisor of direct dispatch, executive search, and commercial staffing solutions for HireQuest Direct, HireQuest Health, MRINetwork, Snelling, and TradeCorp across the United States and international markets. The Company provides staffing solutions across industries, including construction, light industrial, healthcare, finance, manufacturing, cybersecurity, and engineering. HireQuest Direct focuses on daily work/daily pay jobs primarily for construction and light industrial customers. TradeCorp focuses on short-term skilled construction jobs. HireQuest Health specializes in skilled personnel in the healthcare and dental industries. Snelling and HireQuest focus on longer-term staffing positions in the light industrial and administrative arenas. Northbound, MRI, SearchPath, and Sales Consultants focus on executive, managerial, and professional recruitment services, although they also offer short-term consultant services.
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Events Timeline

(ET)
2026-05-27
08:10:00
TrueBlue Rejects HireQuest's $105 Million Acquisition Proposal
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2026-05-12 (ET)
2026-05-12
16:20:00
HireQuest Reports Q1 Revenue of $6.5M, Down Year-over-Year
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2026-03-30 (ET)
2026-03-30
16:10:00
HireQuest Reports Q4 Revenue of $7M
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2025-12-17 (ET)
2025-12-17
16:10:00
HireQuest Approves $20M Share Repurchase Program
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2025-12-01 (ET)
2025-12-01
16:20:00
HireQuest Transfers Majority Ownership of MRINetwork to New Leadership Group
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2025-05-19 (ET)
2025-05-19
08:51:37
HireQuest responds to TrueBlue rejection of acquisition proposal
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2025-05-19
08:50:17
HireQuest responds to TrueBlue's rejection of acquisition offer
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2025-05-13 (ET)
2025-05-13
08:52:45
HireQuest proposes TrueBlue acquisition for $7.50 per share
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News

seekingalpha
8.5
05-27seekingalpha
TrueBlue Rejects HireQuest's $105M Acquisition Offer
  • Acquisition Proposal Rejected: TrueBlue (TBI) board rejected an unsolicited $105 million cash offer from HireQuest (HQI) for its PeopleReady on-demand segment, asserting that the bid materially undervalues a core strategic asset that is experiencing increased demand and strong momentum despite challenging market conditions.
  • Historical Proposal Review: Last May, TrueBlue also turned down HireQuest's all-stock acquisition proposal at $7.50 per share, demonstrating TrueBlue's firm stance on its asset value and reflecting the company's confidence in future growth prospects.
  • Positive Stock Reaction: Following the rejection of the acquisition proposal, TrueBlue's shares rose 1.4% on Wednesday, indicating increased market confidence in the company's independent operations and reflecting investor optimism regarding its future performance.
  • Advisory Team Support: TrueBlue has engaged Barclays as its financial advisor and Sidley Austin LLP as legal counsel, ensuring professional support during acquisition negotiations, which further strengthens its strategic decision-making capabilities and industry position.
Yahoo Finance
8.5
05-27Yahoo Finance
TrueBlue Rejects Unsolicited Acquisition Proposal from HireQ
  • Acquisition Proposal Rejected: TrueBlue (TBI) announced on Wednesday that its board has rejected an unsolicited, non-binding acquisition proposal from HireQ, indicating the company's resistance to external acquisition intentions, which may affect shareholder confidence in its future strategy.
  • Board Decision Context: The rejected proposal was non-binding, reflecting the board's cautious approach in evaluating acquisition interests, likely based on a commitment to the company's independent operations and long-term growth strategy.
  • Market Reaction Anticipation: The rejection of the acquisition proposal may lead to short-term stock price volatility, and investors should monitor the company's strategic direction and its impact on market competitiveness, especially amid accelerating industry consolidation.
  • Future Strategic Outlook: TrueBlue's decision to reject the proposal may suggest a continued focus on internal growth and business optimization, prompting investors to pay attention to the company's future strategic initiatives and their potential impact on market share.
seekingalpha
8.5
05-13seekingalpha
HireQuest Proposes $105M Acquisition of TrueBlue's Staffing Operations
  • Acquisition Proposal: HireQuest (HQI) has submitted a $105 million cash offer to acquire TrueBlue's (TBI) PeopleReady on-demand staffing operations, aiming to enhance TrueBlue's overall value by divesting an underperforming segment.
  • Shareholder Value Enhancement: According to HQI CEO Richard Hermanns, this acquisition proposal represents $3.45 per share, potentially providing significant cash returns to TrueBlue shareholders, which could be used for debt repayment or strategic business expansion.
  • Evaluation Process: TrueBlue has confirmed receipt of the proposal and stated that its board is working with Barclays and Sidley Austin to evaluate the offer and its implications for shareholders, demonstrating a commitment to shareholder interests.
  • Market Response: HireQuest made multiple acquisition offers in 2025, ranging from $7.50 to $12.30 per share, reflecting an improving demand for on-demand staffing services, which may lead to more favorable transaction conditions for both parties.
seekingalpha
9.5
05-13seekingalpha
HireQuest, Inc. Q1 2026 Earnings Call Insights
  • Stable Profitability: HireQuest reported total revenue of $6.5 million for Q1 2026, with franchise royalties at $6.1 million and service revenue at $462,000, demonstrating stable profitability despite a year-over-year revenue decline due to the divestiture of MRI Network assets.
  • Improving Demand Signals: CEO Richard Hermanns noted that, despite a rough start in Q1, the second half of the quarter saw consistent favorable year-over-year comparisons, with expectations for further demand improvement in Q2, showcasing the resilience of the company in diverse markets.
  • Strategic Acquisition Opportunity: The company announced a $105 million cash offer for TrueBlue's PeopleReady segment, with Hermanns emphasizing the asset's complementarity to HireQuest Direct, indicating a proactive stance on external M&A that could drive future growth.
  • Liquidity and Dividend Policy: CFO C. Hartley reported a cash balance of $1 million at the end of Q1, with no draws on the credit facility, and reiterated the expectation to continue quarterly dividend payments, reflecting a robust strategy for capital returns.
seekingalpha
9.5
05-12seekingalpha
HireQuest Q1 Non-GAAP EPS Beats Expectations Despite Revenue Decline
  • Earnings Beat: HireQuest reported a Q1 Non-GAAP EPS of $0.13, exceeding expectations by $0.02, indicating resilience in profitability despite overall revenue decline.
  • Revenue Decline: The company’s revenue for Q1 was $6.5 million, a 13.3% year-over-year decrease, missing market expectations by $0.25 million, reflecting the negative impact of weak market demand on performance.
  • Cash Flow Challenges: As of March 31, 2026, HireQuest's cash balance stood at $1.0 million, significantly down from $3.9 million as of December 31, 2025, highlighting challenges in liquidity management.
  • Asset and Liability Changes: Total assets increased to $91.1 million as of March 31, 2026, from $88.2 million at the end of 2025, while total liabilities rose to $23.8 million, indicating pressure on the company to balance expansion with debt management.
PRnewswire
8.5
05-12PRnewswire
HireQuest Proposes $105 Million Acquisition of TrueBlue's On-Demand Segment
  • Acquisition Proposal Overview: HireQuest has proposed a cash offer of $105 million to acquire TrueBlue's People-Ready segment, reflecting its ongoing interest in the company's assets, particularly after failing to finalize a deal over the past year.
  • Historical Offer Review: In 2025, HireQuest made multiple acquisition offers to TrueBlue ranging from $7.50 to $12.30 per share, all of which were rejected, highlighting the complexities and challenges in negotiations between the two parties.
  • Business Integration Potential: CEO Richard Hermanns stated that this acquisition would complement HireQuest's operations with TrueBlue's on-demand business, expected to unlock underappreciated value and provide TrueBlue with cash flow to repay debt or make strategic investments.
  • Shareholder Value Enhancement: The proposal represents a value of $3.45 per share, and HireQuest hopes that the TrueBlue Board will recognize this opportunity as a clear path to creating additional value for TrueBlue shareholders, promoting long-term growth.
Wall Street analysts forecast HQI stock price to rise
2 Analyst Rating
Wall Street analysts forecast HQI stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
13.00
Averages
13.00
High
13.00
Current: 0.000
sliders
Low
13.00
Averages
13.00
High
13.00
Barrington
Kevin Steinke
Outperform
maintain
$13 -> $15
AI Analysis
2026-05-18
Reason
Barrington
Kevin Steinke
Price Target
$13 -> $15
AI Analysis
2026-05-18
maintain
Outperform
Reason
Barrington analyst Kevin Steinke raised the firm's price target on HireQuest to $15 from $13 and keeps an Outperform rating on the shares. The company's Q1 report shows signs of strengthening demand, the analyst tells investors in a research note. The firm says HireQuest's demand momentum has been more sustained in 2026 relative to the "stabilized trends" in the second half of 2025.

Valuation Metrics

The current forward P/E ratio for Hirequest Inc (HQI.O) is 22.88, compared to its 5-year average forward P/E of 22.12. For a more detailed relative valuation and DCF analysis to assess Hirequest Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
22.12
Current PE
22.88
Overvalued PE
32.47
Undervalued PE
11.78

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
12.69
Current EV/EBITDA
21.87
Overvalued EV/EBITDA
16.65
Undervalued EV/EBITDA
8.72

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.36
Current PS
6.12
Overvalued PS
8.56
Undervalued PS
4.16

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Frequently Asked Questions

What is Hirequest Inc (HQI) stock price today?

The current price of HQI is 13.15 USD — it has increased 0.77

What is Hirequest Inc (HQI)'s business?

HireQuest, Inc. is a franchisor of direct dispatch, executive search, and commercial staffing solutions for HireQuest Direct, HireQuest Health, MRINetwork, Snelling, and TradeCorp across the United States and international markets. The Company provides staffing solutions across industries, including construction, light industrial, healthcare, finance, manufacturing, cybersecurity, and engineering. HireQuest Direct focuses on daily work/daily pay jobs primarily for construction and light industrial customers. TradeCorp focuses on short-term skilled construction jobs. HireQuest Health specializes in skilled personnel in the healthcare and dental industries. Snelling and HireQuest focus on longer-term staffing positions in the light industrial and administrative arenas. Northbound, MRI, SearchPath, and Sales Consultants focus on executive, managerial, and professional recruitment services, although they also offer short-term consultant services.

What is the price predicton of HQI Stock?

Wall Street analysts forecast HQI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HQI is13.00 USD with a low forecast of 13.00 USD and a high forecast of 13.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Hirequest Inc (HQI)'s revenue for the last quarter?

Hirequest Inc revenue for the last quarter amounts to 6.52M USD, decreased -12.70

What is Hirequest Inc (HQI)'s earnings per share (EPS) for the last quarter?

Hirequest Inc. EPS for the last quarter amounts to 0.11 USD, increased 10.00

How many employees does Hirequest Inc (HQI). have?

Hirequest Inc (HQI) has 88 emplpoyees as of May 30 2026.

What is Hirequest Inc (HQI) market cap?

Today HQI has the market capitalization of 182.79M USD.