Currently, there are 56.94M common shares owned by the public and among those 53.04M shares have been available to trade.
The company’s stock has a 5-day price change of -2.80% and -24.84% over the past three months. QNST shares are trading -35.33% year to date (YTD), with the 12-month market performance down to -18.96% lower. It has a 12-month low price of $14.39 and touched a high of $26.27 over the same period. QNST has an average intraday trading volume of 703.83K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -9.77%, -11.43%, and -24.15% respectively.
Institutional ownership of QuinStreet Inc (NASDAQ: QNST) shares accounts for 91.06% of the company’s 56.94M shares outstanding.
It has a market capitalization of $849.72M and a beta (3y monthly) value of 0.75. The earnings-per-share (ttm) stands at -$0.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.20% over the week and 4.72% over the month.
Analysts forecast that QuinStreet Inc (QNST) will achieve an EPS of 0.24 for the current quarter, 0.28 for the next quarter and 1.06 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.22 while analysts give the company a high EPS estimate of 0.22. Comparatively, EPS for the current quarter was 0.11 a year ago. Earnings per share for the fiscal year are expected to increase by 690.91%, and 22.00% over the next financial year.
Looking at the support for the QNST, a number of firms have released research notes about the stock. Craig Hallum stated their Buy rating for the stock in a research note on June 18, 2024, with the firm’s price target at $22. B. Riley Securities coverage for the QuinStreet Inc (QNST) stock in a research note released on April 19, 2024 offered a Buy rating with a price target of $21.50. B. Riley Securities was of a view on November 30, 2023 that the stock is Buy, while Barrington Research gave the stock Outperform rating on October 23, 2023, issuing a price target of $14. B. Riley Securities on their part issued Neutral rating on August 29, 2023.
