As of close of business last night, QuinStreet Inc’s stock clocked out at $16.88, down -1.34% from its previous closing price of $17.11. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 478256 shares were traded.
Ratios:
To gain a deeper understanding of QNST’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on November 30, 2023, Upgraded its rating to Buy and sets its target price to $19 from $11 previously.
On October 23, 2023, Barrington Research Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $14.
On August 29, 2023, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $10.B. Riley Securities initiated its Neutral rating on August 29, 2023, with a $10 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 20 ’24 when Wong Gregory sold 8,407 shares for $15.03 per share. The transaction valued at 126,357 led to the insider holds 295,204 shares of the business.
Wong Gregory sold 7,145 shares of QNST for $92,456 on Dec 18 ’23. The CFO now owns 309,116 shares after completing the transaction at $12.94 per share. On Dec 15 ’23, another insider, Wong Gregory, who serves as the CFO of the company, sold 25,865 shares for $12.85 each. As a result, the insider received 332,365 and left with 316,261 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QNST now has a Market Capitalization of 939.18M and an Enterprise Value of 902.71M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 4.30. Its current Enterprise Value per Revenue stands at 1.64 whereas that against EBITDA is -145.34.
Stock Price History:
Over the past 52 weeks, QNST has reached a high of $17.36, while it has fallen to a 52-week low of $6.79. The 50-Day Moving Average of the stock is 14.19, while the 200-Day Moving Average is calculated to be 11.17.
Shares Statistics:
It appears that QNST traded 394.23K shares on average per day over the past three months and 394.72k shares per day over the past ten days. A total of 54.19M shares are outstanding, with a floating share count of 49.58M. Insiders hold about 9.67% of the company’s shares, while institutions hold 94.35% stake in the company. Shares short for QNST as of Feb 29, 2024 were 2.41M with a Short Ratio of 6.11, compared to 2.43M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.39% and a Short% of Float of 6.35%.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.03, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.14, with high estimates of $0.18 and low estimates of $0.08.
Analysts are recommending an EPS of between $0.17 and $0.05 for the fiscal current year, implying an average EPS of $0.13. EPS for the following year is $0.48, with 6 analysts recommending between $0.65 and $0.04.
Revenue Estimates
A total of 6 analysts have provided revenue estimates for QNST’s current fiscal year. The highest revenue estimate was $615.41M, while the lowest revenue estimate was $599.95M, resulting in an average revenue estimate of $609.39M. In the same quarter a year ago, actual revenue was $580.62M, up 5.00% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $741.36M in the next fiscal year. The high estimate is $800.7M and the low estimate is $635.1M. The average revenue growth estimate for next year is up 21.70% from the average revenue estimate for this year.
