QuinStreet, Inc. (NASDAQ:QNST – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Saturday . The company traded as low as $13.53 and last traded at $13.78, with a volume of 1191923 shares changing hands. The stock had previously closed at $13.87.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the stock. B. Riley dropped their price target on shares of QuinStreet from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, August 8th. Lake Street Capital lowered their target price on QuinStreet from $19.00 to $18.00 and set a “hold” rating on the stock in a research note on Friday, August 8th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of QuinStreet in a research note on Wednesday, October 8th. Barrington Research set a $24.00 price target on QuinStreet in a research note on Wednesday, October 22nd. Finally, Wall Street Zen upgraded QuinStreet from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, QuinStreet currently has an average rating of “Hold” and an average price target of $24.50.
Check Out Our Latest Stock Report on QuinStreet
QuinStreet Price Performance
QuinStreet (NASDAQ:QNST – Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The technology company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.13. The company had revenue of $285.85 million during the quarter, compared to the consensus estimate of $279.73 million. QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.The firm’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.22 EPS. QuinStreet has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Equities analysts anticipate that QuinStreet, Inc. will post 0.12 earnings per share for the current year.
Hedge Funds Weigh In On QuinStreet
Institutional investors have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of QuinStreet by 8.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,622 shares of the technology company’s stock worth $235,000 after buying an additional 1,109 shares during the last quarter. Harbor Capital Advisors Inc. raised its holdings in QuinStreet by 8.5% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 15,184 shares of the technology company’s stock worth $244,000 after acquiring an additional 1,189 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in QuinStreet by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,983 shares of the technology company’s stock worth $571,000 after acquiring an additional 1,381 shares during the last quarter. Summit Securities Group LLC bought a new stake in QuinStreet during the first quarter valued at about $25,000. Finally, Legal & General Group Plc boosted its holdings in QuinStreet by 1.1% during the second quarter. Legal & General Group Plc now owns 157,011 shares of the technology company’s stock valued at $2,528,000 after acquiring an additional 1,745 shares during the period. Institutional investors own 97.83% of the company’s stock.
QuinStreet Company Profile
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.
Featured Articles
- Five stocks we like better than QuinStreet
- How to Plot Fibonacci Price Inflection Levels
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- What is a Dividend King?
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
- Overbought Stocks Explained: Should You Trade Them?
- CrowdStrike Partners With CoreWeave But Investors Sell the News
Receive News & Ratings for QuinStreet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QuinStreet and related companies with MarketBeat.com's FREE daily email newsletter.
