QuinStreet, Inc. (NASDAQ:QNST) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: Six firms give QuinStreet an average rating of "Moderate Buy" (breakdown: 1 strong buy, 3 buy, 2 hold) with an average 1-year price target of $22.60.
• Recent results: QuinStreet beat estimates last quarter with EPS of $0.24 vs. $0.21 expected and revenue of $287.85M vs. $275.07M, a 1.9% year‑over‑year revenue increase.
• Valuation & ownership: The stock trades with a market cap of about $704M and a PE of 11.33, and institutional investors own roughly 97.8% of the shares, including large recent buys (e.g., Millennium Management).

QuinStreet, Inc. (NASDAQ:QNST - Get Free Report) has been assigned an average rating of "Moderate Buy" from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $22.60.

A number of equities research analysts have issued reports on QNST shares. B. Riley Financial upgraded QuinStreet to a "strong-buy" rating in a research note on Thursday, April 2nd. Lake Street Capital set a $15.00 price target on QuinStreet in a research note on Friday, February 6th. Northland Securities started coverage on QuinStreet in a research note on Tuesday, March 17th. They issued an "outperform" rating and a $17.00 price target for the company. Weiss Ratings upgraded QuinStreet from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, February 9th. Finally, Barrington Research reiterated an "outperform" rating and issued a $24.00 price target on shares of QuinStreet in a research note on Friday, February 6th.

QuinStreet Stock Performance

NASDAQ QNST opened at $12.35 on Thursday. The company has a market capitalization of $703.83 million, a PE ratio of 11.33 and a beta of 0.71. The business's fifty day moving average is $11.86 and its 200 day moving average is $13.64. QuinStreet has a fifty-two week low of $10.28 and a fifty-two week high of $19.28.

QuinStreet (NASDAQ:QNST - Get Free Report) last released its earnings results on Thursday, February 5th. The technology company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.03. The company had revenue of $287.85 million for the quarter, compared to the consensus estimate of $275.07 million. QuinStreet had a return on equity of 9.55% and a net margin of 5.64%.QuinStreet's quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 earnings per share. On average, sell-side analysts forecast that QuinStreet will post 0.12 EPS for the current year.

Institutional Investors Weigh In On QuinStreet

A number of institutional investors have recently bought and sold shares of QNST. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in QuinStreet by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,983 shares of the technology company's stock worth $571,000 after buying an additional 1,381 shares in the last quarter. Millennium Management LLC increased its stake in QuinStreet by 213.3% in the 1st quarter. Millennium Management LLC now owns 714,482 shares of the technology company's stock worth $12,746,000 after buying an additional 486,406 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in QuinStreet by 19.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 540,286 shares of the technology company's stock worth $9,639,000 after buying an additional 88,431 shares in the last quarter. Caxton Associates LLP purchased a new position in shares of QuinStreet during the first quarter valued at about $299,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of QuinStreet by 1.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,366 shares of the technology company's stock valued at $2,022,000 after purchasing an additional 2,135 shares in the last quarter. Hedge funds and other institutional investors own 97.83% of the company's stock.

QuinStreet Company Profile

QuinStreet, Inc operates a technology-based performance marketing platform that connects companies with prospective customers across multiple verticals. The company specializes in data-driven lead generation for financial services, education, insurance, healthcare, and home services firms. By leveraging proprietary targeting algorithms and real-time analytics, QuinStreet manages customized digital marketing campaigns to optimize customer acquisition and retention for its clients.

Through a portfolio of consumer-facing websites and comparison platforms, QuinStreet delivers targeted visitors who are actively researching products and services.

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