Hirequest Stock Piotroski F Score

HQI Stock  USD 15.21  0.28  1.81%   
This module uses fundamental data of Hirequest to approximate its Piotroski F score. Hirequest F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Hirequest. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Hirequest financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Hirequest Altman Z Score, Hirequest Correlation, Hirequest Valuation, as well as analyze Hirequest Alpha and Beta and Hirequest Hype Analysis.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
  
As of now, Hirequest's Short and Long Term Debt is increasing as compared to previous years. The Hirequest's current Debt To Equity is estimated to increase to 0.25, while Long Term Debt is projected to decrease to under 125.4 K. As of now, Hirequest's Free Cash Flow Yield is increasing as compared to previous years. The Hirequest's current Operating Cash Flow Per Share is estimated to increase to 0.81, while Price To Sales Ratio is projected to decrease to 5.29.
At this time, it appears that Hirequest's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Hirequest Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Hirequest is to make sure Hirequest is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Hirequest's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Hirequest's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.3649
Sufficiently Down
Slightly volatile
Gross Profit Margin0.880.84
Sufficiently Up
Slightly volatile
Total Current Liabilities37.5 M35.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total3.4 M5.4 M
Way Down
Slightly volatile
Total Assets109 M103.8 M
Sufficiently Up
Slightly volatile
Total Current Assets54 M51.5 M
Sufficiently Up
Slightly volatile

Hirequest F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Hirequest's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Hirequest in a much-optimized way.

About Hirequest Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

14.49 Million

As of now, Hirequest's Common Stock Shares Outstanding is increasing as compared to previous years.

Hirequest ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hirequest's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hirequest's managers, analysts, and investors.
Environmental
Governance
Social

About Hirequest Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hirequest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hirequest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hirequest based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:
Check out Hirequest Altman Z Score, Hirequest Correlation, Hirequest Valuation, as well as analyze Hirequest Alpha and Beta and Hirequest Hype Analysis.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Human Resource & Employment Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hirequest. If investors know Hirequest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hirequest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.007
Dividend Share
0.24
Earnings Share
0.14
Revenue Per Share
2.626
Quarterly Revenue Growth
0.016
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hirequest's market value can be influenced by many factors that don't directly affect Hirequest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.