AI Spotlight on HRT
Company Description
HireRight Holdings Corporation provides technology-driven workforce risk management and compliance solutions worldwide.The company offers background screening, verification, identification, monitoring, and drug and health screening services for customers.It provides its services through software and data platform that integrates into its customers' human capital management systems enabling workflows for workforce hiring, onboarding, and monitoring.
The company was incorporated in 1990 and is based in Nashville, Tennessee.
Market Data
Last Price | 14.36 |
Change Percentage | -0.14% |
Open | 14.37 |
Previous Close | 14.38 |
Market Cap ( Millions) | 967 |
Volume | 2242215 |
Year High | 14.39 |
Year Low | 8.69 |
M A 50 | 14.33 |
M A 200 | 12.92 |
Financial Ratios
FCF Yield | 7.26% |
Dividend Yield | 0.00% |
ROE | -1.56% |
Debt / Equity | 163.19% |
Net Debt / EBIDTA | 432.92% |
Price To Book | 2.15 |
Price Earnings Ratio | -134.5 |
Price To FCF | 13.78 |
Price To sales | 1.34 |
EV / EBITDA | 10.63 |
News
- Jun -04 - MERGER INVESTIGATION ALERT: Kaskela Law LLC Announces Investigation of HireRight Holdings Corp. (NYSE: HRT) and Encourages Investors to Contact the Firm
- Jun -04 - Class Action Filed Against HireRight Holdings Corporation (HRT) - June 3, 2024 Deadline to Join β Contact Levi & Korsinsky
- Jun -03 - SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of HireRight; Are Shareholders Getting a Fair Deal?
- Jun -01 - Investors who lost money on HireRight Holdings Corporation(HRT) should contact Levi & Korsinsky about pending Class Action - HRT
- Jun -01 - SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in HireRight Holdings Corporation of Class Action Lawsuit and Upcoming Deadlines - HRT
- May -31 - HOMESTREET INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of HomeStreet, Inc. - HMST
- May -31 - The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against HireRight Holdings Corporation (HRT)
- May -30 - Class Action Filed Against HireRight Holdings Corporation (HRT) - June 3, 2024 Deadline to Join - Contact Levi & Korsinsky
- May -30 - VFS Investors Have Opportunity to Lead VinFast Auto Ltd. Securities Fraud Lawsuit
- May -30 - SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in HireRight Holdings Corporation of Class Action Lawsuit and Upcoming Deadlines - HRT
- May -30 - HireRight Holdings Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before June 3, 2024 to Discuss Your Rights - HRT
- May -30 - HIRERIGHT INVESTOR NOTICE: Kaskela Law LLC Announces Investigation of HireRight Holdings Corp. (NYSE: HRT) and Encourages Investors to Contact the Firm
- May -29 - The Gross Law Firm Notifies HireRight Holdings Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - HRT
- May -28 - GDRX Investors Have Opportunity to Lead GoodRx Holdings, Inc. Securities Fraud Lawsuit
- May -23 - Levi & Korsinsky Reminds HireRight Holdings Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2024 - HRT
- May -22 - SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in HireRight Holdings Corporation of Class Action Lawsuit and Upcoming Deadlines - HRT
- May -21 - SOND Investors Have Opportunity to Lead Sonder Holdings Inc. Securities Fraud Lawsuit
- May -21 - Lost Money on HireRight Holdings Corporation(HRT)? Join Class Action Suit Seeking Recovery - Contact The Gross Law Firm
- May -20 - ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages HireRight Holdings Corporation Investors to Secure Counsel in Securities Class Action - HRT
- May -20 - Investors who lost money on HireRight Holdings Corporation(HRT) should contact Levi & Korsinsky about pending Class Action - HRT
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Service
Expected Growth : 6.5 %
What the company do ?
HireRight Holdings Corporation provides comprehensive background check and drug testing services to help employers make informed hiring decisions.
Why we expect these perspectives ?
HireRight Holdings Corporation's 6.5% growth is driven by increasing demand for pre-employment screening services, expansion into new markets, and strategic partnerships. The company's innovative solutions, such as AI-powered background checks, also contribute to its growth. Additionally, the rise of the gig economy and growing concerns about workplace safety and compliance are fueling demand for HireRight's services.
Segment nΒ°2 -> Surcharge
Expected Growth : 7.5 %
What the company do ?
Surcharge from HireRight Holdings Corporation refers to an additional fee charged by the company for various services, such as background checks and verification processes.
Why we expect these perspectives ?
Surcharge from HireRight Holdings Corporation driven by 7.5% growth, attributed to increasing demand for background checks and screening services, expansion into new markets, and strategic partnerships. Additionally, the rise of the gig economy and growing need for compliance with regulations have contributed to the surge in demand for HireRight's services.
Hireright Holdings Corporation Products
Product Range | What is it ? |
---|---|
Background Checks | Comprehensive background checks for employers to verify candidate credentials and ensure a safe work environment |
Drug and Health Screening | Drug testing and health screening services to ensure a safe and healthy workforce |
Employment Verification | Verification of employment history, including dates of employment, job titles, and salary information |
Education Verification | Verification of educational credentials, including degrees earned and institutions attended |
License and Certification Verification | Verification of professional licenses and certifications, including medical, legal, and other specialized licenses |
International Screening | Background checks and verification services for international candidates and employees |
Compliance and Risk Management | Compliance and risk management solutions to help employers mitigate risk and ensure regulatory compliance |
HireRight Holdings Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for HireRight Holdings Corporation is moderate due to the presence of alternative background check providers.
Bargaining Power Of Customers
The bargaining power of customers is low due to the specialized nature of HireRight's services and the lack of alternative providers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of multiple suppliers of data and technology services.
Threat Of New Entrants
The threat of new entrants is high due to the relatively low barriers to entry in the background check industry.
Intensity Of Rivalry
The intensity of rivalry is moderate due to the presence of several established players in the industry, but with opportunities for differentiation.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 62.06% |
Debt Cost | 6.68% |
Equity Weight | 37.94% |
Equity Cost | 7.96% |
WACC | 7.17% |
Leverage | 163.58% |
HireRight Holdings Corporation : Quality Control
HireRight Holdings Corporation passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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KFRC | Kforce Inc. provides professional staffing services and solutions in the United States. It operates through two segments, Technology, and Finance and Accounting (FA). The Technology segment provides talent solutions to β¦ |
HSII | Heidrick & Struggles International, Inc., together with its subsidiaries, provides executive search, consulting, and on-demand talent services to businesses and business leaders worldwide. The company enables its clients to build β¦ |
KELYA | Kelly Services, Inc., together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; β¦ |
BBSI | Barrett Business Services, Inc. provides business management solutions for small and mid-sized companies in the United States. The company develops a management platform that integrates a knowledge-based approach from the β¦ |
BGSF | BGSF, Inc. provides workforce solutions and placement services in the United States. It operates in two segments, Real Estate and Professional. The Real Estate segment offers office and maintenance field β¦ |