QuinStreet (NASDAQ:QNST) Releases Quarterly Earnings Results, Misses Estimates By $0.21 EPS

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 Stock Performance

Shares of QNST stock traded up $0.17 during trading hours on Thursday, reaching $25.17. The company had a trading volume of 701,034 shares, compared to its average volume of 455,803. The company has a market capitalization of $1.42 billion, a P/E ratio of -62.93 and a beta of 1.06. QuinStreet has a twelve month low of $12.59 and a twelve month high of $26.27. The stock’s fifty day simple moving average is $22.67 and its 200 day simple moving average is $20.55.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on QNST shares. Craig Hallum lifted their price target on shares of QuinStreet from $25.00 to $32.00 and gave the company a “buy” rating in a report on Tuesday, November 5th. StockNews.com cut QuinStreet from a “hold” rating to a “sell” rating in a report on Tuesday, January 14th. B. Riley upped their price target on QuinStreet from $24.00 to $32.00 and gave the stock a “buy” rating in a research note on Tuesday, November 5th. Lake Street Capital lifted their price objective on QuinStreet from $20.00 to $25.00 and gave the company a “hold” rating in a research note on Tuesday, November 5th. Finally, Stephens increased their target price on shares of QuinStreet from $23.00 to $27.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $29.00.

Insider Buying and Selling

In other news, Director Matthew Glickman sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $22.63, for a total transaction of $678,900.00. Following the completion of the sale, the director now owns 113,140 shares of the company’s stock, valued at approximately $2,560,358.20. This trade represents a 20.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stuart Huizinga sold 2,980 shares of the business’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $23.00, for a total transaction of $68,540.00. Following the completion of the sale, the director now directly owns 171,923 shares of the company’s stock, valued at $3,954,229. The trade was a 1.70 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 40,000 shares of company stock valued at $910,374. Corporate insiders own 5.00% of the company’s stock.

About QuinStreet

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.