QuinStreet Inc (NASDAQ:QNST) has a beta value of 1.07 and has seen 3.11 million shares traded in the last trading session. The company, currently valued at $1.20B, closed the last trade at $21.32 per share which meant it gained $1.12 on the day or 5.54% during that session. The QNST stock price is -2.67% off its 52-week high price of $21.89 and 51.17% above the 52-week low of $10.41. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.37 million shares traded. The 3-month trading volume is 405.49K shares.
The consensus among analysts is that QuinStreet Inc (QNST) is Buy stock at the moment, with a recommendation rating of 1.29. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 5 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.08.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
QuinStreet Inc (NASDAQ:QNST) trade information
Sporting 5.54% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the QNST stock price touched $21.32 or saw a rise of 18.84%. Year-to-date, QuinStreet Inc shares have moved 66.30%, while the 5-day performance has seen it change 10.70%. Over the past 30 days, the shares of QuinStreet Inc (NASDAQ:QNST) have changed 13.89%. Short interest in the company has seen 1.93 million shares shorted with days to cover at 4.98.
Wall Street analysts have a consensus price target for the stock at $24.5, which means that the shares’ value could jump 12.98% from current levels. The projected low price target is $21.5 while the price target rests at a high of $32.0. In that case, then, we find that the current price level is -50.09% off the targeted high while a plunge would see the stock gain -0.84% from current levels.
QuinStreet Inc (QNST) estimates and forecasts
Figures show that QuinStreet Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 9.73% over the past 6 months, with this year growth rate of 454.55%, compared to 19.80% for the industry. Revenue growth from the last financial year stood is estimated to be 36.00%.
7 analysts offering their estimates for the company have set an average revenue estimate of 190.01M for the current quarter. 7 have an estimated revenue figure of 212.07M for the next ending quarter.
Earnings growth for 2024 is a modest 622.08% while over the next 5 years, the company’s earnings are expected to increase by 25.00%.
QNST Dividends
QuinStreet Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
QuinStreet Inc (NASDAQ:QNST)’s Major holders
Insiders own 4.60% of the company shares, while shares held by institutions stand at 92.15% with a share float percentage of 96.60%. Investors are also buoyed by the number of investors in a company, with QuinStreet Inc having a total of 244.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 8.57 million shares worth more than $142.16 million. As of 2024-06-30, BLACKROCK INC. held 15.5615% of shares outstanding.
The other major institutional holder is PRIVATE CAPITAL MANAGEMENT, LLC, with the holding of over 4.26 million shares as of 2024-06-30. The firm’s total holdings are worth over $70.69 million and represent 7.7385% of shares outstanding.
