QuinStreet (NASDAQ:QNST) Reaches New 52-Week Low - Here's Why

Key Points

• QuinStreet's stock price hit a new 52-week low at $14.18, down from a previous close of $15.00, with a trading volume of 166,158 shares.
• Despite the drop, various analysts maintain a consensus rating of "Moderate Buy" for QuinStreet, with a price target of $27.00; however, some firms have lowered their price objectives recently.
• QuinStreet reported quarterly earnings of $0.25 per share, missing expectations slightly, but posted a revenue increase of 32.1% year-over-year, totaling $262.05 million.

QuinStreet, Inc. (NASDAQ:QNST - Get Free Report)'s stock price reached a new 52-week low on Friday . The company traded as low as $14.18 and last traded at $14.20, with a volume of 166158 shares. The stock had previously closed at $15.00.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on QNST. B. Riley lowered their price objective on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Lake Street Capital lowered their price objective on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating for the company in a research report on Friday, August 8th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of QuinStreet in a research report on Wednesday. Wall Street Zen raised shares of QuinStreet from a "hold" rating to a "buy" rating in a research report on Friday, September 26th. Finally, Barrington Research reiterated an "outperform" rating and set a $29.00 target price on shares of QuinStreet in a report on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $27.00.

QuinStreet Trading Down 5.5%

The stock's fifty day moving average price is $15.72 and its two-hundred day moving average price is $15.99. The firm has a market capitalization of $814.01 million, a price-to-earnings ratio of 157.33 and a beta of 0.77.

QuinStreet (NASDAQ:QNST - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01). QuinStreet had a net margin of 0.43% and a return on equity of 4.56%. The firm had revenue of $262.05 million during the quarter, compared to analyst estimates of $255.84 million. During the same quarter in the previous year, the business posted $0.11 earnings per share. QuinStreet's revenue for the quarter was up 32.1% compared to the same quarter last year. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts anticipate that QuinStreet, Inc. will post 0.12 earnings per share for the current fiscal year.

Institutional Investors Weigh In On QuinStreet

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Summit Securities Group LLC purchased a new stake in shares of QuinStreet in the first quarter valued at about $25,000. CWM LLC raised its holdings in shares of QuinStreet by 326.7% in the first quarter. CWM LLC now owns 6,144 shares of the technology company's stock valued at $110,000 after buying an additional 4,704 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of QuinStreet by 885.1% in the second quarter. Farther Finance Advisors LLC now owns 7,221 shares of the technology company's stock valued at $116,000 after buying an additional 6,488 shares during the last quarter. Cerity Partners LLC purchased a new stake in shares of QuinStreet in the second quarter valued at about $170,000. Finally, Kapitalo Investimentos Ltda purchased a new stake in shares of QuinStreet in the first quarter valued at about $184,000. 97.83% of the stock is currently owned by institutional investors and hedge funds.

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.

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