Quest Resource (NASDAQ:QRHC) Posts Earnings Results, Misses Expectations By $0.03 EPS

Posted by Matthew Jenks on Mar 14th, 2025

Quest Resource (NASDAQ:QRHC – Get Free Report) posted its quarterly earnings data on Wednesday. The business services provider reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03), Zacks reports. Quest Resource had a positive return on equity of 3.11% and a negative net margin of 2.74%. The company had revenue of $69.97 million for the quarter, compared to the consensus estimate of $73.63 million.

Quest Resource Stock Performance

Quest Resource stock opened at $2.68 on Friday. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.15. The company has a market capitalization of $55.18 million, a PE ratio of -7.24, a P/E/G ratio of 0.76 and a beta of 0.66. The firm has a fifty day simple moving average of $5.19 and a two-hundred day simple moving average of $6.82. Quest Resource has a twelve month low of $2.56 and a twelve month high of $10.85.

Hedge Funds Weigh In On Quest Resource

A hedge fund recently raised its stake in Quest Resource stock. Bank of America Corp DE grew its position in shares of Quest Resource Holding Co. (NASDAQ:QRHC – Free Report) by 36.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,356 shares of the business services provider’s stock after acquiring an additional 4,104 shares during the period. Bank of America Corp DE owned about 0.07% of Quest Resource worth $100,000 as of its most recent SEC filing. Institutional investors own 48.16% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Quest Resource from a “hold” rating to a “sell” rating in a research note on Thursday.

Read Our Latest Stock Analysis on Quest Resource

About Quest Resource

(Get Free Report)

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. The company provides disposal and recycling services for motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, cardboard, metal, glass, mixed paper, construction debris, as well as a large variety of regulated and non-regulated solid, liquid, and gas wastes.