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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-21), HireQuest's Beta is 1.3476.
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
HireQuest Beta Related Terms
HireQuest Beta Historical Data
* Premium members only.
The historical data trend for HireQuest's Beta can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Staffing & Employment Services subindustry, HireQuest's Beta, along with its competitors' market caps and Beta data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
HireQuest Beta vs Business Services Industry
For the Business Services industry and Industrials sector, HireQuest's Beta distribution charts can be found below:
* The bar in red indicates where HireQuest's Beta falls into.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.
HireQuest (HQI) has a Beta of 1.3476 as of Aug. 21, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for HireQuest and its competitors.
Is HireQuest's Beta too high?
HireQuest's current Beta is 1.3476. Overall, HireQuest has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HireQuest's Beta compare to TBI and MHH?
HireQuest's Beta of 1.3476 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Business Services company?
A good Beta depends on the Business Services industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for HireQuest and its competitors. HireQuest's current Beta is 1.3476. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HireQuest stock overvalued right now?
Based on GuruFocus' analysis, HireQuest (HQI) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.82, compared to a current price of $17.14 — trading 58.4% above its estimated fair value. The current Beta is 1.3476. HireQuest's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For HireQuest (HQI), the current Beta is 1.3476 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is HireQuest (HQI) Overvalued in 2026?
Based on GuruFocus' analysis, HireQuest stock appears to be overvalued.
The current stock price of $17.14 is trading 58.4% above its estimated GF Value™ of $10.82.
GuruFocus considers HireQuest to be Significantly Overvalued.
Key valuation signals for HQI:
Beta: 1.3476
GF Value™: $10.82 vs. price of $17.14 (58.4% above fair value)
No single metric tells the full story. See the HQI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HireQuest Inc is a nationwide franchisor of offices providing direct-dispatch, executive search, and commercial staffing solutions in the light industrial and blue-collar segments of the staffing industry and traditional commercial staffing. The company's franchisees provide various types of temporary personnel through two business models operating under the trade names HireQuest Direct, HireQuest, Snelling, DriverQuest, HireQuest Health, Northbound Executive Search, and MRI. The company's primary source of revenue is royalty fees based on the operation of its franchised offices.
82GF Score
Get the complete analysis for HQI
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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