Quest Resource (QRHC) to Release Quarterly Earnings on Thursday

Quest Resource (NASDAQ:QRHC - Get Free Report) will be posting its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect Quest Resource to post earnings of ($0.02) per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Quest Resource (NASDAQ:QRHC - Get Free Report) last released its earnings results on Thursday, August 8th. The business services provider reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.06). Quest Resource had a negative net margin of 2.29% and a positive return on equity of 5.61%. The business had revenue of $73.15 million during the quarter, compared to analyst estimates of $76.50 million. On average, analysts expect Quest Resource to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Quest Resource Price Performance

NASDAQ QRHC traded down $0.15 during mid-day trading on Thursday, hitting $7.80. The stock had a trading volume of 45,083 shares, compared to its average volume of 57,225. Quest Resource has a 52-week low of $6.01 and a 52-week high of $10.85. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 1.08. The company has a 50 day simple moving average of $8.42 and a 200 day simple moving average of $8.75. The company has a market cap of $157.99 million, a price-to-earnings ratio of -28.39, a P/E/G ratio of 1.95 and a beta of 0.65.

Analyst Ratings Changes

Several research firms recently weighed in on QRHC. StockNews.com upgraded Quest Resource from a "sell" rating to a "hold" rating in a research report on Friday, September 6th. Northland Capmk raised shares of Quest Resource to a "strong-buy" rating in a research report on Tuesday, September 17th. Craig Hallum reduced their price target on Quest Resource from $15.00 to $13.00 and set a "buy" rating for the company in a report on Friday, August 9th. Finally, Northland Securities began coverage on shares of Quest Resource in a research report on Tuesday, September 17th. They set an "outperform" rating and a $12.50 price target on the stock.

Insider Buying and Selling at Quest Resource

In other Quest Resource news, COO David P. Sweitzer sold 22,593 shares of the company's stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $8.00, for a total transaction of $180,744.00. Following the completion of the sale, the chief operating officer now directly owns 8,511 shares in the company, valued at $68,088. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 22.84% of the company's stock.

Quest Resource Company Profile

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. The company provides disposal and recycling services for motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, cardboard, metal, glass, mixed paper, construction debris, as well as a large variety of regulated and non-regulated solid, liquid, and gas wastes.