Wall Street Zen Downgrades QuinStreet (NASDAQ:QNST) to Hold

Key Points

• Wall Street Zen has downgraded QuinStreet (NASDAQ:QNST) from a "buy" to a "hold" rating, reflecting a shift in performance expectations.
• QuinStreet's recent earnings report showed a slight earnings miss, with a reported EPS of $0.25 compared to the consensus estimate of $0.26, despite a year-over-year revenue increase of 32.1%.
• The stock currently has an average rating of "Moderate Buy" from analysts, with varying price targets ranging from $18.00 to $31.00 set by different firms.

QuinStreet (NASDAQ:QNST - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Friday.

A number of other research analysts have also recently weighed in on QNST. B. Riley reduced their price target on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Lake Street Capital reduced their price target on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a research report on Friday, August 8th. Barrington Research reaffirmed an "outperform" rating and set a $29.00 price target on shares of QuinStreet in a research report on Friday, August 8th. Finally, Stephens reaffirmed an "overweight" rating and set a $31.00 price target on shares of QuinStreet in a research report on Thursday, May 8th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $27.00.

QuinStreet Stock Performance

QNST opened at $15.57 on Friday. The company's 50 day simple moving average is $15.72 and its 200 day simple moving average is $17.01. QuinStreet has a 1 year low of $14.27 and a 1 year high of $26.27. The stock has a market capitalization of $879.24 million, a PE ratio of 173.00 and a beta of 0.71.

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

Institutional Trading of QuinStreet

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Illinois Municipal Retirement Fund increased its stake in shares of QuinStreet by 4.1% in the first quarter. Illinois Municipal Retirement Fund now owns 31,717 shares of the technology company's stock worth $566,000 after buying an additional 1,247 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of QuinStreet by 26.2% in the first quarter. SG Americas Securities LLC now owns 32,889 shares of the technology company's stock worth $587,000 after buying an additional 6,829 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of QuinStreet by 51.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 31,872 shares of the technology company's stock worth $574,000 after buying an additional 10,786 shares during the last quarter. Bank of America Corp DE increased its stake in shares of QuinStreet by 25.3% in the fourth quarter. Bank of America Corp DE now owns 124,308 shares of the technology company's stock worth $2,868,000 after buying an additional 25,101 shares during the last quarter. Finally, Harbor Capital Advisors Inc. bought a new stake in shares of QuinStreet in the first quarter worth $250,000. Institutional investors own 97.83% of the company's stock.

About QuinStreet

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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