QuinStreet, Inc. (NASDAQ:QNST - Free Report) - B. Riley boosted their FY2026 earnings per share estimates for QuinStreet in a research note issued on Thursday, April 10th. B. Riley analyst Z. Cummins now expects that the technology company will post earnings of $0.75 per share for the year, up from their prior forecast of $0.73. B. Riley currently has a "Buy" rating and a $34.00 price target on the stock. The consensus estimate for QuinStreet's current full-year earnings is $0.12 per share.
QuinStreet (NASDAQ:QNST - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The technology company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.21). QuinStreet had a negative return on equity of 4.13% and a negative net margin of 1.31%.
A number of other analysts have also commented on QNST. Barrington Research reiterated an "outperform" rating and set a $29.00 price objective on shares of QuinStreet in a research report on Wednesday, March 26th. StockNews.com raised shares of QuinStreet from a "sell" rating to a "hold" rating in a report on Monday, February 10th. Finally, Lake Street Capital boosted their price objective on shares of QuinStreet from $25.00 to $27.00 and gave the company a "hold" rating in a research report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $29.80.
Check Out Our Latest Stock Report on QNST
QuinStreet Price Performance
Shares of QNST stock traded up $0.04 during midday trading on Monday, hitting $15.66. The company had a trading volume of 615,891 shares, compared to its average volume of 470,430. The stock has a market cap of $884.30 million, a price-to-earnings ratio of -71.18 and a beta of 0.91. The company's 50 day simple moving average is $18.70 and its 200 day simple moving average is $20.60. QuinStreet has a 52-week low of $14.39 and a 52-week high of $26.27.
Insider Activity at QuinStreet
In related news, CFO Gregory Wong sold 8,516 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $22.88, for a total value of $194,846.08. Following the transaction, the chief financial officer now owns 337,031 shares in the company, valued at approximately $7,711,269.28. This trade represents a 2.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Douglas Valenti sold 10,000 shares of the firm's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $25.02, for a total value of $250,200.00. Following the completion of the sale, the chief executive officer now directly owns 1,836,754 shares in the company, valued at approximately $45,955,585.08. This represents a 0.54 % decrease in their position. The disclosure for this sale can be found here. 5.00% of the stock is currently owned by insiders.
Hedge Funds Weigh In On QuinStreet
Institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC increased its position in shares of QuinStreet by 26.2% during the first quarter. SG Americas Securities LLC now owns 32,889 shares of the technology company's stock worth $587,000 after buying an additional 6,829 shares during the period. Harbor Capital Advisors Inc. purchased a new position in shares of QuinStreet in the 1st quarter worth about $250,000. Summit Global Investments purchased a new position in QuinStreet in the first quarter valued at approximately $476,000. GAMMA Investing LLC grew its stake in shares of QuinStreet by 2,181.6% during the 1st quarter. GAMMA Investing LLC now owns 16,770 shares of the technology company's stock worth $299,000 after acquiring an additional 16,035 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in QuinStreet during the fourth quarter worth about $3,951,000. Institutional investors and hedge funds own 97.83% of the company's stock.
About QuinStreet
(
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QuinStreet, Inc, an online performance marketing company, provides customer acquisition services for its clients in the United States and internationally. The company offers online marketing services, such as qualified clicks, leads, calls, applications, and customers through its websites or third-party publishers.
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