HireRight Holdings Corporation provides technology-driven workforce risk management and compliance solutions. It offers background screening, verification, identification, monitoring, and drug and health screening services for customers worldwide. It offers its services via software and data platform that integrates into its customers' HCM systems enabling workflows for workforce hiring, onboarding, and monitoring. The company was founded in 1990 and is based in Nashville, Tennessee.
IPO Year: 2021
Exchange: NYSE
Website: hireright.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/8/2024 | Mkt Perform → Outperform | William Blair | |
| 9/14/2023 | Peer Perform | Wolfe Research | |
| 1/19/2023 | $12.00 | Buy → Hold | Stifel |
| 11/11/2022 | $22.00 → $9.00 | Overweight → Equal Weight | Barclays |
| 11/4/2022 | $15.00 → $12.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 9/21/2022 | $22.00 | Buy | Needham |
| 11/23/2021 | $26.00 | Outperform | Robert W. Baird |
| 11/23/2021 | $21.00 | Buy | Stifel |
| 11/23/2021 | $23.00 | Buy | Jefferies |
| 11/23/2021 | Outperform | William Blair |
15-12G - HireRight Holdings Corp (0001859285) (Filer)
S-8 POS - HireRight Holdings Corp (0001859285) (Filer)
SC 13E3/A - HireRight Holdings Corp (0001859285) (Subject)
25-NSE - HireRight Holdings Corp (0001859285) (Subject)
8-K - HireRight Holdings Corp (0001859285) (Filer)
8-K - HireRight Holdings Corp (0001859285) (Filer)
DEFA14A - HireRight Holdings Corp (0001859285) (Filer)
DEFA14A - HireRight Holdings Corp (0001859285) (Filer)
SC 13E3/A - HireRight Holdings Corp (0001859285) (Subject)
DEFM14A - HireRight Holdings Corp (0001859285) (Filer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
4 - HireRight Holdings Corp (0001859285) (Issuer)
William Blair upgraded HireRight Holdings from Mkt Perform to Outperform
Wolfe Research initiated coverage of HireRight Holdings with a rating of Peer Perform
Stifel downgraded HireRight Holdings from Buy to Hold and set a new price target of $12.00
Barclays downgraded HireRight Holdings from Overweight to Equal Weight and set a new price target of $9.00 from $22.00 previously
RBC Capital Mkts downgraded HireRight Holdings from Outperform to Sector Perform and set a new price target of $12.00 from $15.00 previously
Needham initiated coverage of HireRight Holdings with a rating of Buy and set a new price target of $22.00
Robert W. Baird initiated coverage of HireRight Holdings with a rating of Outperform and set a new price target of $26.00
Stifel initiated coverage of HireRight Holdings with a rating of Buy and set a new price target of $21.00
Jefferies initiated coverage of HireRight Holdings with a rating of Buy and set a new price target of $23.00
William Blair initiated coverage of HireRight Holdings with a rating of Outperform
HireRight Holdings Corporation ("HireRight" or the "Company"), a leading provider of global background screening services and workforce solutions, today announced the completion of its sale to investment funds affiliated with General Atlantic, L.P. ("General Atlantic") and Stone Point Capital LLC ("Stone Point", and together with General Atlantic, the "Sponsors") in an all-cash merger transaction representing a total enterprise value of approximately $1.7 billion. As previously disclosed, HireRight stockholders voted to approve the transaction at the Company's Special Meeting of Stockholders on June 21, 2024. Pursuant to the merger, the Sponsors acquired the Company, and all of the outsta
HireRight Holdings Corporation (NYSE:HRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Highlights: Revenues of $173.2 million, compared to prior year period revenues of $175.4 million Net loss attributable to HireRight of $3.3 million, compared to prior year period net loss of $7.9 million Adjusted EBITDA of $40.3 million, compared to prior year period Adjusted EBITDA of $33.0 million Diluted loss per share of $0.05, compared to prior year period diluted loss per share of $0.10 Adjusted diluted earnings per share of $0.22, compared to prio
– Margin Expansion Continues – – Enters Into an Agreement to Take Company Private – HireRight Holdings Corporation (NYSE:HRT) ("HireRight" or the "Company"), a leading provider of background screening services, today announced financial results for its fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Highlights: Revenues of $166.0 million, compared to prior year period revenues of $175.4 million Net loss attributable to HireRight of $4.5 million, compared to prior year period net income of $15.3 million Adjusted EBITDA of $42.5 million, compared to prior year period Adjusted EBITDA of $38.9 million Diluted loss per share attributable to HireRight of $0.
HireRight's Virtual I-9 Service enables employers to remotely verify their candidates' identity and employment authorization documents via live video call HireRight Holdings Corporation (NYSE:HRT), a leading provider of global background screening services and workforce management solutions, today announced the launch of its new Virtual I-9 solution. With HireRight's Virtual I-9 Service, candidates no longer have to present their documentation in-person for verification by their prospective employer or their authorized representative, which can be inconvenient, time-consuming, and could ultimately delay a candidate's start date. HireRight's Virtual I-9 Service, powered by HireRight's st
Stockholders to Receive $14.35 Per Share in Cash HireRight Holdings Corporation (NYSE:HRT) ("HireRight" or the "Company"), a leading provider of global background screening services and workforce solutions, today announced that it has entered into a definitive agreement to be acquired by investment funds affiliated with General Atlantic, L.P. ("General Atlantic") and Stone Point Capital LLC ("Stone Point" and together with General Atlantic, the "Sponsors"). The Sponsors are currently the beneficial owners of approximately 75% of the Company's outstanding shares of common stock. Under the terms of the agreement, the Sponsors will acquire all of the outstanding shares they do not already ow
HireRight (NYSE:HRT), a leading provider of global background screening services and workforce solutions, today announced that President and Chief Executive Officer, Guy Abramo, and Chief Financial Officer, Tom Spaeth, will be presenting virtually at the 26th Annual Needham Growth Conference on Tuesday, January 16, 2024 at 2:15 PM Eastern Time. A live webcast of the fireside chat will be available here, on the Events & Presentations page of HireRight's Investor Relations website. About HireRight HireRight is a leading global provider of technology-driven workforce risk management and compliance solutions. We provide comprehensive background screening, verification, identification, monit
HireRight Holdings Corporation (NYSE:HRT) ("HireRight" or the "Company"), a leading provider of global background screening services and workforce solutions, announced today that it has received a non-binding proposal from General Atlantic, L.P. ("General Atlantic") and Stone Point Capital LLC ("Stone Point"), and their respective affiliated funds (collectively, the "Sponsors"), to acquire all of the Company's outstanding shares of common stock that are not already owned by the Sponsors for $12.75 in cash per share. The board of directors of the Company previously formed a special committee of independent directors (the "Special Committee") to evaluate and consider any potential or actual
HireRight's Global ID digital identity verification service enables employers to remotely verify their candidates' identity documents HireRight Holdings Corporation (NYSE:HRT), a leading provider of global background screening services and workforce solutions, today announced the launch of its new global identity verification solution, Global ID. With identity theft and fraud on the rise—and many employees being onboarded and working remotely—it is arguably more important than ever to verify candidates' identities. HireRight's new digital Global ID service makes it simple and easy for HireRight customers and their candidates worldwide to verify the authenticity of their candidates' iden
HireRight (NYSE:HRT), a leading provider of global background screening services and workforce solutions, today announced that its Chief Financial Officer Tom Spaeth will be presenting at Wells Fargo's 7th Annual TMT Summit in Rancho Palos Verdes, California, on Wednesday, November 29, 2023 at 1:30 PM Pacific Time (4:30 PM Eastern Time). A live webcast of the fireside chat will be available here, on the Events & Presentations page of HireRight's Investor Relations website. About HireRight HireRight is a leading global provider of technology-driven workforce risk management and compliance solutions. We provide comprehensive background screening, verification, identification, monitoring
HireRight (NYSE:HRT), a leading provider of global background screening services and workforce solutions, is pleased to announce that Stephen Spears has taken over the role of Chief Revenue Officer (CRO) at HireRight with immediate effect. His appointment follows the retirement of Steve Girdler, the company's previous CRO, who will be staying on with the company in an advisory capacity until early 2024. Reporting to HireRight President and CEO, Guy Abramo, Mr. Spears will lead HireRight's Go-to-Market and Customer Service organization, with a focus on leading the company's long-term competitive strategy and initiatives to drive growth and support customer retention. In addition to these r