QuinStreet Inc (NASDAQ:QNST) has been assigned an average recommendation of “Buy” from the six analysts that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have issued a report on the stock in the last year is $13.17.
A number of analysts recently weighed in on the stock. ValuEngine upgraded shares of QuinStreet from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Stephens reiterated a “buy” rating and set a $11.50 price target on shares of QuinStreet in a research note on Thursday, February 1st. BidaskClub cut shares of QuinStreet from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 30th. Barrington Research reiterated a “buy” rating and set a $15.00 price target on shares of QuinStreet in a research note on Tuesday, March 20th. Finally, Zacks Investment Research upgraded shares of QuinStreet from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Friday, February 9th.
In other news, CEO Douglas Valenti sold 50,000 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $12.52, for a total value of $626,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James R. Simons sold 229,717 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $12.53, for a total transaction of $2,878,354.01. The disclosure for this sale can be found here. In the last quarter, insiders have sold 862,358 shares of company stock valued at $10,388,404. 24.10% of the stock is owned by company insiders.
Shares of NASDAQ QNST traded down $0.43 during mid-day trading on Monday, reaching $12.38. The company had a trading volume of 602,216 shares, compared to its average volume of 677,211. The company has a market capitalization of $592.26, a price-to-earnings ratio of -206.33, a price-to-earnings-growth ratio of 2.85 and a beta of 0.91. QuinStreet has a 52-week low of $3.36 and a 52-week high of $14.65.
QuinStreet (NASDAQ:QNST) last posted its earnings results on Wednesday, January 31st. The technology company reported $0.07 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.06. The firm had revenue of $87.49 million for the quarter, compared to the consensus estimate of $75.18 million. QuinStreet had a net margin of 0.78% and a return on equity of 5.77%. The company’s revenue was up 33.3% on a year-over-year basis. During the same period last year, the firm posted ($0.04) EPS. equities analysts expect that QuinStreet will post 0.18 earnings per share for the current year.
ILLEGAL ACTIVITY WARNING: “QuinStreet Inc (QNST) Receives Average Recommendation of “Buy” from Brokerages” was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another domain, it was illegally copied and republished in violation of US & international copyright & trademark legislation. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/3338805/quinstreet-inc-qnst-receives-average-recommendation-of-buy-from-brokerages.html.
QuinStreet, Inc, an Internet performance marketing and media company, provides customer acquisition services for its clients in the United States and internationally. It offers online marketing services to its clients in the form of qualified leads, inquiries, clicks, calls, applications, customers, display advertisements, or impressions through its Websites or third-party publishers.
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.