
HireQuest Inc (HQI) Stock Forecast & Price Target
HireQuest Inc (HQI) Analyst Ratings
Bulls say
HireQuest is a nationwide franchisor specializing in direct-dispatch and executive search services for light industrial and blue-collar staffing. Improved macros and expense trends suggest sustainable growth, leading to increased EBITDA estimates and a 114 percent upside from our previous price target. Additionally, an offer to acquire TrueBlue's underperforming on-demand labor business could further bolster HireQuest's already successful business model.
Bears say
HireQuest is facing declining revenues and adjusted EBITDA, as well as challenges in its industrial business due to a decrease in available temporary workers. The company's expense control efforts and national accounts initiative are not enough to offset these challenges, leading to a negative outlook. The analyst's earnings and price target estimates have remained unchanged, reflecting a lack of confidence in the company's ability to turn things around in the near future.
This aggregate rating is based on analysts' research of HireQuest Inc and is not a guaranteed prediction by Public.com or investment advice.
HireQuest Inc (HQI) Analyst Forecast & Price Prediction
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