QuinStreet (NASDAQ:QNST) Hits New 12-Month Low – Here’s Why

QuinStreet, Inc. (NASDAQ:QNST) reached a new 52-week low on Monday . The company traded as low as $13.52 and last traded at $13.54, with a volume of 233089 shares trading hands. The stock had previously closed at $13.85.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Lake Street Capital cut their price target on QuinStreet from $19.00 to $18.00 and set a “hold” rating for the company in a research note on Friday, August 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of QuinStreet in a research report on Monday. Wall Street Zen raised QuinStreet from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Barrington Research set a $24.00 price target on QuinStreet in a research report on Wednesday, October 22nd. Finally, B. Riley cut their price objective on shares of QuinStreet from $28.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $24.50.

QuinStreet Stock Performance

The stock has a fifty day simple moving average of $15.04 and a two-hundred day simple moving average of $15.49. The stock has a market cap of $747.99 million, a price-to-earnings ratio of 146.44 and a beta of 0.77.

QuinStreet (NASDAQ:QNST) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.13. QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.The business had revenue of $285.85 million during the quarter, compared to the consensus estimate of $279.73 million. During the same period in the prior year, the company earned $0.22 EPS. QuinStreet’s revenue for the quarter was up 2.4% on a year-over-year basis. QuinStreet has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Equities analysts expect that QuinStreet, Inc. will post 0.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On QuinStreet

Institutional investors have recently added to or reduced their stakes in the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in QuinStreet by 8.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,622 shares of the technology company’s stock valued at $235,000 after buying an additional 1,109 shares during the period. Harbor Capital Advisors Inc. grew its position in shares of QuinStreet by 8.5% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 15,184 shares of the technology company’s stock worth $244,000 after buying an additional 1,189 shares during the period. Entropy Technologies LP increased its stake in shares of QuinStreet by 10.0% in the 3rd quarter. Entropy Technologies LP now owns 14,063 shares of the technology company’s stock valued at $218,000 after acquiring an additional 1,284 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of QuinStreet by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,983 shares of the technology company’s stock valued at $571,000 after acquiring an additional 1,381 shares during the period. Finally, Summit Securities Group LLC acquired a new position in shares of QuinStreet during the 1st quarter valued at $25,000. 97.83% of the stock is currently owned by institutional investors and hedge funds.

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.