QuinStreet (NASDAQ:QNST) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, April 25th. Analysts expect QuinStreet to post earnings of $0.12 per share for the quarter.
QuinStreet (NASDAQ:QNST) last issued its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.06. QuinStreet had a net margin of 0.78% and a return on equity of 5.77%. The firm had revenue of $87.49 million for the quarter, compared to analyst estimates of $75.18 million. During the same quarter in the previous year, the business posted ($0.04) EPS. The firm’s revenue was up 33.3% compared to the same quarter last year. On average, analysts expect QuinStreet to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of QNST stock opened at $11.57 on Monday. QuinStreet has a 12 month low of $3.36 and a 12 month high of $14.65. The firm has a market capitalization of $534.93, a price-to-earnings ratio of -192.83, a PEG ratio of 2.57 and a beta of 0.90.
A number of equities analysts have commented on the stock. Barrington Research reiterated a “buy” rating and issued a $15.00 price objective on shares of QuinStreet in a report on Tuesday, March 20th. Stephens reiterated a “buy” rating and issued a $11.50 price objective on shares of QuinStreet in a report on Thursday, February 1st. BidaskClub lowered shares of QuinStreet from a “strong-buy” rating to a “buy” rating in a report on Friday, March 30th. ValuEngine upgraded shares of QuinStreet from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, Zacks Investment Research upgraded shares of QuinStreet from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a report on Friday, February 9th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. QuinStreet currently has a consensus rating of “Buy” and a consensus target price of $13.17.
In other news, CFO Gregory Wong sold 22,929 shares of the business’s stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $13.69, for a total value of $313,898.01. Following the completion of the sale, the chief financial officer now owns 236,446 shares of the company’s stock, valued at approximately $3,236,945.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James R. Simons sold 229,718 shares of the business’s stock in a transaction dated Tuesday, April 17th. The stock was sold at an average price of $10.94, for a total transaction of $2,513,114.92. The disclosure for this sale can be found here. Insiders sold a total of 861,604 shares of company stock valued at $10,827,102 in the last three months. Insiders own 24.10% of the company’s stock.
QuinStreet Company Profile
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.