QuinStreet, Inc. (NASDAQ:QNST) Receives Average Recommendation of “Hold” from Brokerages

Shares of QuinStreet, Inc. (NASDAQ:QNST) have earned a consensus recommendation of “Hold” from the five analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $24.50.

A number of research analysts have issued reports on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of QuinStreet in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of QuinStreet from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. 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 report on Friday, August 8th. Barrington Research set a $24.00 price objective on QuinStreet in a research report on Wednesday, October 22nd. Finally, Lake Street Capital decreased their target price on QuinStreet from $19.00 to $18.00 and set a “hold” rating for the company in a research report on Friday, August 8th.

Hedge Funds Weigh In On QuinStreet

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Summit Securities Group LLC purchased a new stake in shares of QuinStreet in the 1st quarter worth about $25,000. Tripletail Wealth Management LLC bought a new stake in QuinStreet during the third quarter worth about $105,000. CWM LLC grew its holdings in QuinStreet by 326.7% in the first quarter. CWM LLC now owns 6,144 shares of the technology company’s stock worth $110,000 after purchasing an additional 4,704 shares during the period. Farther Finance Advisors LLC increased its stake in shares of QuinStreet by 885.1% during the second quarter. Farther Finance Advisors LLC now owns 7,221 shares of the technology company’s stock valued at $116,000 after purchasing an additional 6,488 shares in the last quarter. Finally, Cerity Partners LLC bought a new position in shares of QuinStreet during the second quarter valued at approximately $170,000. Hedge funds and other institutional investors own 97.83% of the company’s stock.

QuinStreet Price Performance

QNST opened at $13.78 on Monday. QuinStreet has a one year low of $13.53 and a one year high of $25.50. The business has a 50 day simple moving average of $15.29 and a two-hundred day simple moving average of $15.68. The firm has a market capitalization of $791.61 million, a price-to-earnings ratio of 153.11 and a beta of 0.77.

QuinStreet (NASDAQ:QNST) last posted its earnings results on Thursday, November 6th. The technology company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.13. The firm had revenue of $285.85 million for the quarter, compared to analysts’ expectations of $279.73 million. QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.The business’s revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.22 earnings per share. QuinStreet has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, sell-side analysts expect that QuinStreet will post 0.12 EPS for the current fiscal year.

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.