HRT Company Profile and Key Details

HRT has shown mixed momentum, gaining 0.14% over the past week and 0.63% over the past quarter, though year-to-date performance is up 6.77%. Short-term trend indicators are bearishly aligned (SMA20 0.16%, SMA50 0.25%, SMA200 12.63%). The stock’s 14-day RSI is 56.51 (neutral), while the ATR of 0.03 points to tighter daily ranges. The stock remains hovering near 52-week lows, trading -0.21% below its high and over 65.25% above its low.

Wall Street analysts project EPS growth of 3.9% annually over the next five years. The latest quarter delivered EPS of -$0.05. The next quarter is forecast at $0.39. Next year's EPS is expected at $20.85. HireRight Holdings Corporation earnings surprise history is a mixed track record. The quarter that ended June 21, 2024, missed forecasts by -125.04%. The prior quarter beat by -125.04%. Over the last six quarters, Apple has recorded several small beats. These include 15.0% in January 16, 2024.

HireRight Holdings Corporation has 67.35 million shares outstanding. The public float is 60.11 million shares, elevated short interest at 2.33% of float. This equals 375.49 thousand shares. The short ratio is 2.92 days. Institutional investors hold 98.9% of the float. Insiders own 0.64%. GENERAL ATLANTIC, L.P. holds 32.11 million shares, GENERAL ATLANTIC GENPAR (BERMUDA), L.P. has 32.11 million shares and Carey James D has 18.47 million shares.

HireRight Holdings Corporation last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $3.01. This means the shares are trading above this model’s fair value.

HireRight Holdings Corporation (NYSE:HRT) closed at $14.36 USD, losing -$0.02 (-0.14%) from the previous close of $14.38. The stock is currently trading near its 52-week high $8.69 and $14.39. With a market capitalization of about $967.19 million, HireRight Holdings Corporation is classified as a small-cap and shows lower-than-market volatility (beta ~0.78). Key stats such as the average daily volume over the past year has been around 212.81 thousand shares, trading with heavier-than-usual volume. Headquartered in Nashville, TN, HireRight Holdings Corporation operates in the Industrials sector and the Staffing & Employment Services industry. Led by CEO Guy P. Abramo, the company employs approximately 3,190 people and listed since October 29, 2021. HireRight Holdings Corporation provides technology-driven workforce risk management and compliance solutions worldwide.

Our AI price prediction model suggests that HireRight Holdings Corporation stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 0.07%, with price expected at $14.37 by July 11, 2024, within a range of $13.77 to $14.91 3-Month Outlook: Projected fall of -34.96%, reaching $9.34 by September 25, 2024, with a range of $9.03 to $9.60. 1-Year Outlook: Projected gain of 136.56%, with price at $33.97 by June 27, 2025, within a range of $31.20 to $43.48.

HireRight Holdings Corporation (NYSE:HRT) shares are flat 6.77% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows HireRight Holdings Corporation trading at a premium to the broader market with a P/E of -90.6. Analyst sentiment is bullish, with the majority of ratings in Buy territory and a mean price target of $13.65, suggesting -4.94% downside. Our AI forecast model points to short-term strength (0.07% over two weeks), a medium-term fall (-34.96% over three months), and a longer-term gain (136.56% over one year), with expected trading ranges indicating moderate volatility.

HireRight Holdings Corporation trades at a P/E ratio of -90.6, slightly below the S&P 500 average, with a price-to-sales ratio of 1.34 and a price-to-book ratio of 2.32 suggesting the stock is closer to book value. The P/FCF stands at 12.67, also above market averages.