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HireQuest CEO Discusses TrueBlue Acquisition Efforts

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HireQuest CEO Discusses TrueBlue Acquisition Efforts

Confident Investing Starts Here:

The latest announcement is out from HireQuest ( (HQI) ).

On June 10, 2025, Richard Hermanns, CEO of HireQuest, discussed the company’s ongoing efforts to acquire TrueBlue, Inc. during an interview. Despite TrueBlue’s board rejecting the proposal, HireQuest remains interested as the acquisition could triple its size and unlock significant financial potential through its franchise system, emphasizing the growing importance of franchising and gig employment.

The most recent analyst rating on (HQI) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on HireQuest stock, see the HQI Stock Forecast page.

Spark’s Take on HQI Stock

According to Spark, TipRanks’ AI Analyst, HQI is a Neutral.

HireQuest’s stock score reflects a strong financial position, strategic M&A opportunities, and effective cost management. However, technical indicators show bearish trends, and the high P/E ratio suggests overvaluation. Revenue decline remains a significant concern.

To see Spark’s full report on HQI stock, click here.

More about HireQuest

HireQuest, Inc. operates in the staffing and recruitment industry, focusing on franchising and gig employment solutions. The company has over 400 franchisees and aims to enhance work-life balance for employees by converting acquired companies into franchises.

Average Trading Volume: 16,580

Technical Sentiment Signal: Sell

Current Market Cap: $140.6M

Learn more about HQI stock on TipRanks’ Stock Analysis page.

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