QuinStreet (NASDAQ:QNST) Sets New 52-Week Low – Here’s What Happened

QuinStreet, Inc. (NASDAQ:QNST) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $14.18 and last traded at $14.20, with a volume of 166158 shares changing hands. The stock had previously closed at $15.00.

Wall Street Analysts Forecast Growth

Several brokerages have commented on QNST. Barrington Research restated an “outperform” rating and set a $29.00 target price on shares of QuinStreet in a research report on Friday, August 8th. Weiss Ratings restated a “sell (d+)” rating on shares of QuinStreet in a research report on Wednesday. B. Riley decreased their target price on shares of QuinStreet from $28.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, August 8th. Wall Street Zen upgraded shares of QuinStreet from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Finally, Lake Street Capital decreased their target price on shares of QuinStreet from $19.00 to $18.00 and set a “hold” rating on the stock in a research report on Friday, August 8th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.00.

QuinStreet Stock Performance

The firm’s 50-day moving average is $15.68 and its 200 day moving average is $15.93. The firm has a market capitalization of $796.83 million, a PE ratio of 154.11 and a beta of 0.77.

QuinStreet (NASDAQ:QNST) last released its quarterly earnings data on Thursday, August 7th. The technology company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.01). The business had revenue of $262.05 million during the quarter, compared to analysts’ expectations of $255.84 million. QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.QuinStreet’s quarterly revenue was up 32.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.11 earnings per share. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts anticipate that QuinStreet, Inc. will post 0.12 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of QuinStreet by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 4,027,512 shares of the technology company’s stock valued at $71,851,000 after acquiring an additional 25,482 shares during the last quarter. Driehaus Capital Management LLC increased its stake in shares of QuinStreet by 13.6% during the 1st quarter. Driehaus Capital Management LLC now owns 3,165,649 shares of the technology company’s stock valued at $56,475,000 after acquiring an additional 377,954 shares during the last quarter. American Century Companies Inc. increased its stake in shares of QuinStreet by 0.9% during the 1st quarter. American Century Companies Inc. now owns 2,248,579 shares of the technology company’s stock valued at $40,115,000 after acquiring an additional 20,011 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of QuinStreet by 2.2% during the 2nd quarter. Geode Capital Management LLC now owns 1,361,252 shares of the technology company’s stock valued at $21,918,000 after acquiring an additional 29,783 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in shares of QuinStreet by 1,443.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,136,759 shares of the technology company’s stock valued at $17,586,000 after acquiring an additional 1,063,107 shares during the last quarter. Institutional investors and hedge funds own 97.83% of the company’s stock.

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.