QuinStreet (NASDAQ:QNST) Announces Quarterly Earnings Results

QuinStreet (NASDAQ:QNSTGet Free Report) posted its earnings results on Thursday. The technology company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.21), Zacks reports. QuinStreet had a negative return on equity of 4.16% and a negative net margin of 1.31%. QuinStreet updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

QuinStreet Stock Down 4.3 %

QNST traded down $1.07 during trading on Friday, hitting $24.10. 1,690,181 shares of the company’s stock were exchanged, compared to its average volume of 458,301. The stock has a market cap of $1.36 billion, a P/E ratio of -109.55 and a beta of 1.06. The business’s 50 day moving average is $22.75 and its two-hundred day moving average is $20.61. QuinStreet has a fifty-two week low of $13.75 and a fifty-two week high of $26.27.

Insider Buying and Selling at QuinStreet

In other news, Director Stuart Huizinga sold 2,980 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $23.00, for a total value of $68,540.00. Following the sale, the director now directly owns 171,923 shares of the company’s stock, valued at approximately $3,954,229. This represents a 1.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Douglas Valenti sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $25.02, for a total transaction of $250,200.00. Following the completion of the transaction, the chief executive officer now owns 1,836,754 shares of the company’s stock, valued at $45,955,585.08. This trade represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,000 shares of company stock worth $1,160,574. Insiders own 5.00% of the company’s stock.

Analyst Upgrades and Downgrades

QNST has been the subject of several research reports. Barrington Research reissued an “outperform” rating and issued a $29.00 price objective on shares of QuinStreet in a research note on Friday. B. Riley reiterated a “buy” rating and issued a $34.00 price target (up from $32.00) on shares of QuinStreet in a research note on Friday. Lake Street Capital boosted their price objective on QuinStreet from $25.00 to $27.00 and gave the stock a “hold” rating in a research report on Friday. Stephens boosted their price target on QuinStreet from $23.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Finally, StockNews.com lowered shares of QuinStreet from a “hold” rating to a “sell” rating in a report on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, QuinStreet currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.80.

Read Our Latest Research Report on QuinStreet

QuinStreet Company Profile

(Get Free Report)

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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Earnings History for QuinStreet (NASDAQ:QNST)

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