HireRight (HRT) Stock Forecast, Price Target & Predictions


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HRT Stock Forecast


HireRight stock forecast is as follows: an average price target of $14.00 (represents a -2.51% downside from HRT’s last price of $14.36) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.

HRT Price Target


The average price target for HireRight (HRT) is $14.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $21.00 to $9.00. This represents a potential -2.51% downside from HRT's last price of $14.36.

HRT Analyst Ratings


Buy

According to 3 Wall Street analysts, HireRight's rating consensus is 'Buy'. The analyst rating breakdown for HRT stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

HireRight Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2022Barclays$9.00$8.1610.29%-37.33%
Nov 04, 2022Ashish SabadraRBC Capital$12.00$12.74-5.81%-16.43%
Aug 08, 2022Goldman Sachs$21.00$15.7133.67%46.24%

The latest HireRight stock forecast, released on Nov 11, 2022 by Barclays company, set a price target of $9.00, which represents a 10.29% increase from the stock price at the time of the forecast ($8.16), and a -37.33% decrease from HRT last price ($14.36).

HireRight Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$14.36$14.36$14.36
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of HireRight stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to HireRight's last price of $14.36. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
May 08, 2024William BlairOutperformUpgrade
Mar 10, 2023Goldman SachsBuyBuyHold
Nov 11, 2022BarclaysEqual-WeightDowngrade
Aug 08, 2022Goldman SachsBuyBuyHold

HireRight's last stock rating was published by William Blair on May 08, 2024. The company Upgrade its HRT rating from "null" to "Outperform".

HireRight Financial Forecast


HireRight Revenue Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21
Revenue--------$166.04M--$175.45M$175.36M--$198.71M$198.53M
Avg Forecast$202.21M$223.93M$225.36M$192.84M$180.34M$199.96M$200.65M$176.58M$169.45M$187.24M$187.14M$172.40M$170.40M$210.47M$200.98M$186.94M$183.43M
High Forecast$204.27M$226.21M$227.65M$194.80M$182.18M$202.00M$202.69M$178.37M$174.00M$189.15M$189.04M$174.15M$172.13M$212.60M$203.02M$187.88M$184.35M
Low Forecast$198.51M$219.83M$221.23M$189.30M$177.04M$196.30M$196.97M$173.34M$164.54M$183.81M$183.71M$169.24M$167.28M$206.61M$197.29M$185.99M$182.50M
# Analysts11112245947433545
Surprise %--------0.98%--1.02%1.03%--1.06%1.08%

HireRight's average Quarter revenue forecast for Mar 24 based on 5 analysts is $176.58M, with a low forecast of $173.34M, and a high forecast of $178.37M. HRT's average Quarter revenue forecast represents a 6.34% increase compared to the company's last Quarter revenue of $166.04M (Dec 23).

HireRight EBITDA Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21
# Analysts11112245947433545
EBITDA--------$33.11M--$20.92M$33.73M--$38.84M$29.25M
Avg Forecast$37.61M$41.65M$41.92M$35.87M$33.54M$37.19M$37.32M$32.84M$31.52M$34.83M$34.81M$32.07M$31.70M$39.15M$75.34M$34.77M$34.12M
High Forecast$37.99M$42.08M$42.34M$36.23M$33.89M$37.57M$37.70M$33.18M$32.36M$35.18M$35.16M$32.39M$32.02M$39.55M$90.41M$34.95M$34.29M
Low Forecast$36.92M$40.89M$41.15M$35.21M$32.93M$36.51M$36.64M$32.24M$30.60M$34.19M$34.17M$31.48M$31.11M$38.43M$60.27M$34.59M$33.95M
Surprise %--------1.05%--0.65%1.06%--1.12%0.86%

5 analysts predict HRT's average Quarter EBITDA for Mar 24 to be $32.84M, with a high of $33.18M and a low of $32.24M. This is -0.80% lower than HireRight's previous annual EBITDA (Dec 23) of $33.11M.

HireRight Net Income Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21
# Analysts11112245947433545
Net Income--------$-4.51M--$-7.91M$15.28M--$11.56M$-12.97M
Avg Forecast$26.31M$35.47M$34.74M$21.77M$19.31M$27.24M$25.28M$15.08M$13.95M$22.67M$22.26M$18.43M$14.40M$30.80M$12.29M$15.24M$4.60M
High Forecast$26.66M$35.94M$35.20M$22.06M$19.56M$27.60M$29.17M$15.28M$17.43M$22.97M$22.55M$18.68M$14.59M$31.20M$14.75M$15.34M$4.64M
Low Forecast$25.68M$34.63M$33.91M$21.26M$18.85M$26.59M$19.44M$14.72M$12.55M$22.13M$21.73M$17.99M$14.06M$30.06M$9.83M$15.14M$4.57M
Surprise %---------0.32%---0.43%1.06%--0.76%-2.82%

HireRight's average Quarter net income forecast for Mar 23 is $18.43M, with a range of $17.99M to $18.68M. HRT's average Quarter net income forecast represents a 20.66% increase compared to the company's last Quarter net income of $15.28M (Dec 22).

HireRight SG&A Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21
# Analysts11112245947433545
SG&A--------$48.38M--$59.73M$48.82M--$48.27M$58.04M
Avg Forecast$54.98M$60.89M$61.28M$52.43M$49.04M$54.37M$54.56M$48.01M$46.07M$50.91M$50.88M$46.87M$46.33M$57.23M$27.35M$50.83M$49.87M
High Forecast$55.54M$61.51M$61.90M$52.97M$49.53M$54.92M$55.11M$48.50M$47.31M$51.43M$51.40M$47.35M$46.80M$57.81M$32.82M$51.08M$50.13M
Low Forecast$53.97M$59.77M$60.15M$51.47M$48.14M$53.37M$53.56M$47.13M$44.74M$49.98M$49.95M$46.02M$45.48M$56.18M$21.88M$50.57M$49.62M
Surprise %--------1.05%--1.27%1.05%--0.95%1.16%

HireRight's average Quarter SG&A projection for Mar 24 is $48.01M, based on 5 Wall Street analysts, with a range of $47.13M to $48.50M. The forecast indicates a -0.77% fall compared to HRT last annual SG&A of $48.38M (Dec 23).

HireRight EPS Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21
# Analysts11112245947433545
EPS--------$-0.07--$-0.10$0.19--$0.15$-0.18
Avg Forecast$0.39$0.53$0.52$0.32$0.29$0.40$0.38$0.22$0.21$0.34$0.33$0.27$0.21$0.46$0.35$0.23$0.07
High Forecast$0.40$0.53$0.52$0.33$0.29$0.41$0.43$0.23$0.26$0.34$0.33$0.28$0.22$0.46$0.35$0.23$0.07
Low Forecast$0.38$0.51$0.50$0.32$0.28$0.39$0.29$0.22$0.19$0.33$0.32$0.27$0.21$0.45$0.34$0.22$0.07
Surprise %---------0.32%---0.37%0.89%--0.66%-2.64%

According to 4 Wall Street analysts, HireRight's projected average Quarter EPS for Mar 23 is $0.27, with a low estimate of $0.27 and a high estimate of $0.28. This represents a 44.03% increase compared to HRT previous annual EPS of $0.19 (Dec 22).

HireRight Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HSONHudson Global$14.62$42.50190.70%Buy
KELYAKelly Services$13.42$24.0078.84%
TBITrueBlue$8.65$12.0038.73%Buy
MANManpowerGroup$59.00$72.5022.88%Buy
KFRCKforce$58.49$71.0021.39%Hold
KFYKorn Ferry$69.34$75.759.24%Buy
HSIIHeidrick & Struggles$45.45$42.00-7.59%Hold

HRT Forecast FAQ


Is HireRight a good buy?

Yes, according to 3 Wall Street analysts, HireRight (HRT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of HRT's total ratings.

What is HRT's price target?

HireRight (HRT) average price target is $14 with a range of $9 to $21, implying a -2.51% from its last price of $14.36. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will HireRight stock go up soon?

According to Wall Street analysts' prediction for HRT stock, the company can go down by -2.51% (from the last price of $14.36 to the average price target of $14), up by 46.24% based on the highest stock price target, and down by -37.33% based on the lowest stock price target.

Can HireRight stock reach $20?

HRT's highest twelve months analyst stock price target of $21 supports the claim that HireRight can reach $20 in the near future.

What are HireRight's analysts' financial forecasts?

HireRight's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $757.54M (high $765.24M, low $743.64M), average EBITDA is $140.9M (high $142.34M, low $138.32M), average net income is $86.9M (high $91.6M, low $79.6M), average SG&A $205.97M (high $208.07M, low $202.2M), and average EPS is $1.29 (high $1.36, low $1.18). HRT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $844.35M (high $852.93M, low $828.86M), average EBITDA is $157.05M (high $158.65M, low $154.17M), average net income is $118.3M (high $119.86M, low $115.48M), average SG&A $229.58M (high $231.91M, low $225.37M), and average EPS is $1.76 (high $1.78, low $1.71).

Did the HRT's actual financial results beat the analysts' financial forecasts?

Based on HireRight's last annual report (Dec 2023), the company's revenue was $721.88M, beating the average analysts forecast of $716.22M by 0.79%. Apple's EBITDA was $142.53M, beating the average prediction of $133.22M by 6.99%. The company's net income was $-11.56M, missing the average estimation of $77.31M by -114.95%. Apple's SG&A was $207.82M, beating the average forecast of $194.74M by 6.71%. Lastly, the company's EPS was $-0.16, missing the average prediction of $1.15 by -113.94%. In terms of the last quarterly report (Dec 2023), HireRight's revenue was $166.04M, missing the average analysts' forecast of $169.45M by -2.01%. The company's EBITDA was $33.11M, beating the average prediction of $31.52M by 5.05%. HireRight's net income was $-4.506M, missing the average estimation of $13.95M by -132.31%. The company's SG&A was $48.38M, beating the average forecast of $46.07M by 5.02%. Lastly, the company's EPS was $-0.0667, missing the average prediction of $0.207 by -132.21%