QuinStreet (NASDAQ:QNST) Issues Earnings Results

QuinStreet (NASDAQ:QNST) released its earnings results on Thursday. The technology company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.21), Zacks reports. QuinStreet had a negative return on equity of 8.79% and a negative net margin of 2.88%. QuinStreet updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

QuinStreet Price Performance

QNST traded up $0.17 during midday trading on Thursday, reaching $25.17. 701,034 shares of the company’s stock were exchanged, compared to its average volume of 455,803. QuinStreet has a 1-year low of $12.59 and a 1-year high of $26.27. The stock has a market capitalization of $1.42 billion, a PE ratio of -62.93 and a beta of 1.06. The business’s 50-day moving average price is $22.67 and its 200 day moving average price is $20.55.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on QNST. Lake Street Capital upped their price objective on QuinStreet from $20.00 to $25.00 and gave the stock a “hold” rating in a report on Tuesday, November 5th. B. Riley increased their price target on shares of QuinStreet from $24.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. Barrington Research reiterated an “outperform” rating and issued a $29.00 price objective on shares of QuinStreet in a research note on Friday, December 6th. Craig Hallum upped their target price on shares of QuinStreet from $25.00 to $32.00 and gave the stock a “buy” rating in a research report on Tuesday, November 5th. Finally, Stephens boosted their price target on QuinStreet from $23.00 to $27.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $29.00.

Insider Activity

In related news, Director Stuart Huizinga sold 7,020 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $23.21, for a total transaction of $162,934.20. Following the sale, the director now owns 174,903 shares of the company’s stock, valued at $4,059,498.63. This trade represents a 3.86 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Matthew Glickman sold 30,000 shares of QuinStreet stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $22.63, for a total value of $678,900.00. Following the sale, the director now owns 113,140 shares of the company’s stock, valued at approximately $2,560,358.20. This represents a 20.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 40,000 shares of company stock worth $910,374 over the last ninety days. 5.00% of the stock is currently owned by insiders.

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.