- Barrington Research analyst Kevin Steinke initiated coverage of Hirequest Inc (NASDAQ:HQI) with an Outperform rating and a price target of $29, implying an upside of 68%.
- Steinke notes that the national franchisor of on-demand, temporary, and commercial staffing services has been expanding the range of staffing specialties that franchised offices can provide, while its franchised model results in greater earnings stability and higher margins relative to competitors.
- The analyst expects HireQuest to grow faster than its larger competitors, which should justify a higher valuation.
- Price Action: HQI shares are trading higher by 1.38% at $17.26 on the last check Friday.
Get all your news in one place.
100’s of premium titles.
One app.
Start reading
One app.
Get all your news in one place.
100’s of premium titles. One news app.
Barrington Sees Sharp Upside In This Staffing Company
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member?
Sign in here
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Our Picks