Streetbeat News

HRT

HireRight Holdings Corp

hireright delivers global background checks, drug testing, and employment verification services through an innovative platform to help companies hire the right candidates, so they can grow successfully and efficiently – no matter their size or where they operate. hireright offers a comprehensive screening solution that can be tailored to the unique needs of the organization, giving enterprises peace of mind about their people and processes. hireright’s platform can be integrated with existing hr platforms, making it easy to use and giving candidates the best possible experience. hireright is headquartered in irvine, calif., with offices across the globe. www.hireright.com.

Open

14.37

Mkt cap

967M

Volume

2.2M

High

14.37

P/E Ratio

-130.55

52-wk high

14.39

Low

14.35

Div yield

N/A

52-wk low

8.69

HireRight Holdings (NYSE:HRT) reported Q1 earnings of $0.22 per share, surpassing the $0.20 estimate, marking a 22.22% increase from last year. However, their Q1 sales of $173.20M fell short of the $176.95M estimate, a 1.25% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 8:57 pm

HireRight Holdings (NYSE:HRT) reported Q4 earnings of $0.23 per share, surpassing the $0.20 estimate, but its sales of $166.04M fell short of the $169.45M estimate. This reflects a decrease in both earnings and sales compared to the same period last year.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 12:08 pm

Needham analyst Kyle Peterson downgrades HireRight Holdings (NYSE:HRT) from Buy to Hold, indicating a change in the firm's outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 6:49 pm

DoorDash shares fell by 12.2% after reporting mixed Q4 results and providing Q1 guidance. Other stocks showed significant movements, with Gaxos.ai surging 444% after announcing an AI solution for game developers, and Fusion Fuel Green climbing 157% following European Commission approval for its project. Losers included China Natural Resources, dropping 48% after a direct placement announcement, and Bloom Energy, falling 24% due to disappointing Q4 results.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 6:04 pm

HireRight Holdings announced it has entered into a definitive agreement to be acquired by General Atlantic and Stone Point Capital, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 3:39 pm

Applied Materials, Inc. (AMAT) reported better-than-expected Q1 financial results, leading to an 8.3% rise in its shares. Other companies like PRA Group, The Trade Desk, Nano-X Imaging, Backblaze, Toast, Coinbase Global, Nayax, Kinsale Capital Group, Gyre Therapeutics, Texas Roadhouse, HireRight Holdings, Shockwave Medical, Sarepta Therapeutics, Bio-Rad Laboratories, Vulcan Materials, Artivion, and DT Midstream also saw significant gains following positive financial results or other favorable news.

Portfolio Pulse from Avi Kapoor

February 16, 2024 | 3:09 pm

In Friday's pre-market session, Fusion Fuel Green, Lichen China, Singularity Future Tech, Intuitive Machines, HireRight Holdings, and BlackSky Technology saw significant gains, while Bloom Energy, Pixie Dust Technologies, Sentage Holdings, SunPower, Earlyworks Co, and WANG & LEE Group experienced notable losses. Fusion Fuel Green led the gainers with a 250.8% increase, while Bloom Energy saw the largest decrease among the losers at 18.9%. Earnings reports influenced some of the stock movements.

Portfolio Pulse from Benzinga Insights

February 16, 2024 | 1:05 pm

HireRight, identified by its ticker symbol HRT, is set to be acquired by private equity firms General Atlantic and Stone Point Capital. Under the terms of the agreement, HireRight stockholders will receive $14.35 per share in cash. This acquisition marks a significant move in the employment background checks and screening industry, potentially altering the competitive landscape.

Portfolio Pulse from Benzinga Newsdesk

February 16, 2024 | 1:04 pm

Needham analyst Kyle Peterson has maintained a Buy rating on Equifax Inc (EFX) and raised the price target from $230 to $305, naming it the Top Pick for 2024 and adding it to the Needham Conviction List. Peterson expects mortgage rate declines to provide tailwinds for EFX in 2024. EFX's non-mortgage businesses are scaling and showing record growth, which should benefit the company. EFX's data platform and workforce solutions segment are seen as differentiators from competitors like Experian Plc (EXPGY) and TransUnion (TRU). Peterson anticipates EFX shares to significantly outperform in 2024 with a favorable risk-reward at a P/E multiple of 25x his FY25 estimate. EFX shares were up 1.07% at $235.53 on last check.

Portfolio Pulse from Anusuya Lahiri

January 04, 2024 | 7:36 pm

HireRight, a provider of employee background check solutions, has received a non-binding acquisition proposal from private equity firms General Atlantic and Stone Point Capital. The offer is to acquire all outstanding shares of HireRight for $12.75 per share in cash. This proposal represents a significant decision point for the company's future.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:01 pm

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