QuinStreet (NASDAQ:QNST - Get Free Report) issued its earnings results on Monday. The technology company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.07, Briefing.com reports. The company had revenue of $279.22 million during the quarter, compared to the consensus estimate of $222.68 million. QuinStreet had a negative return on equity of 13.00% and a negative net margin of 5.11%. QuinStreet's quarterly revenue was up 125.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.19) earnings per share. QuinStreet updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.
QuinStreet Price Performance
Shares of QuinStreet stock traded up $1.12 on Tuesday, hitting $21.32. The company had a trading volume of 3,114,850 shares, compared to its average volume of 409,122. QuinStreet has a 52 week low of $10.41 and a 52 week high of $26.27. The company has a market cap of $1.20 billion, a PE ratio of -37.40 and a beta of 1.09. The business has a 50-day simple moving average of $19.26 and a 200-day simple moving average of $18.12.
Analysts Set New Price Targets
A number of brokerages recently commented on QNST. Stephens upped their price objective on QuinStreet from $23.00 to $27.00 and gave the stock an "overweight" rating in a research note on Tuesday. StockNews.com cut shares of QuinStreet from a "hold" rating to a "sell" rating in a report on Thursday, October 31st. Barrington Research boosted their target price on shares of QuinStreet from $22.00 to $29.00 and gave the company an "outperform" rating in a research note on Tuesday. Lake Street Capital raised their price target on shares of QuinStreet from $20.00 to $25.00 and gave the company a "hold" rating in a research note on Tuesday. Finally, Craig Hallum lifted their price target on QuinStreet from $25.00 to $32.00 and gave the company a "buy" rating in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, QuinStreet currently has an average rating of "Moderate Buy" and an average target price of $29.00.
Read Our Latest Stock Report on QNST
QuinStreet Company Profile
(
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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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