Navigating 4 Analyst Ratings For HireQuest
Portfolio Pulse from Benzinga Insights
In the past three months, four analysts have rated HireQuest (NASDAQ:HQI), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target is $17.0, up from $16.75. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Despite a negative revenue trend, HireQuest shows strong profitability with a high net margin and efficient asset use.
August 22, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
HireQuest has received mixed analyst ratings, with a slight increase in the average price target to $17.0. Analysts have adjusted their ratings based on market dynamics and company performance. Despite a negative revenue trend, HireQuest's strong net margin and efficient asset use are positive indicators.
The increase in the average price target and the positive aspects of HireQuest's financials, such as strong net margin and efficient asset use, suggest a positive short-term impact on the stock price. The mixed analyst ratings indicate some uncertainty, but the overall sentiment leans towards a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100