The stock of QuinStreet Inc (QNST) has seen a 13.04% increase in the past week, with a 12.71% gain in the past month, and a 48.76% flourish in the past quarter. The volatility ratio for the week is 4.12%, and the volatility levels for the past 30 days are at 2.93% for QNST. The simple moving average for the last 20 days is 11.47% for QNST stock, with a simple moving average of 55.33% for the last 200 days.
Is It Worth Investing in QuinStreet Inc (NASDAQ: QNST) Right Now?
The 36-month beta value for QNST is at 1.18. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 1 as “sell.”
The public float for QNST is 49.58M, and currently, shorts hold a 4.62% of that float. The average trading volume for QNST on May 02, 2024 was 387.97K shares.
QNST) stock’s latest price update
QuinStreet Inc (NASDAQ: QNST)’s stock price has increased by 7.10 compared to its previous closing price of 17.89. However, the company has seen a 13.04% increase in its stock price over the last five trading sessions. Business Wire reported 2024-04-24 that FOSTER CITY, Calif.–(BUSINESS WIRE)–QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced it will report financial results for its third fiscal quarter ended March 31, 2024 after the market closes on Wednesday, May 8, 2024. On that day, management will hold a conference call and webcast at 2:00 PM PT to review and discuss the company’s results. What: QuinStreet Fiscal Third Quarter 2024 F.
Analysts’ Opinion of QNST
Many brokerage firms have already submitted their reports for QNST stocks, with B. Riley Securities repeating the rating for QNST by listing it as a “Buy.” The predicted price for QNST in the upcoming period, according to B. Riley Securities is $21.50 based on the research report published on April 19, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see QNST reach a price target of $19, previously predicting the price at $11. The rating they have provided for QNST stocks is “Buy” according to the report published on November 30th, 2023.
Barrington Research gave a rating of “Outperform” to QNST, setting the target price at $14 in the report published on October 23rd of the previous year.
QNST Trading at 16.70% from the 50-Day Moving Average
After a stumble in the market that brought QNST to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 3.46% of gains for the given period.
Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 4.12%, as shares surge +13.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.08% upper at present.
During the last 5 trading sessions, QNST rose by +13.24%, which changed the moving average for the period of 200-days by +99.12% in comparison to the 20-day moving average, which settled at $17.30. In addition, QuinStreet Inc saw 49.45% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at QNST starting from Wong Gregory, who sale 8,407 shares at the price of $15.03 back on Feb 20 ’24. After this action, Wong Gregory now owns 295,204 shares of QuinStreet Inc, valued at $126,357 using the latest closing price.
Wong Gregory, the CFO of QuinStreet Inc, sale 7,145 shares at $12.94 during a trade that took place back on Dec 18 ’23, which means that Wong Gregory is holding 309,116 shares at $92,456 based on the most recent closing price.
Stock Fundamentals for QNST
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.08 for the gross margin
The net margin for QuinStreet Inc stands at -0.14. The total capital return value is set at -0.12. Equity return is now at value -31.71, with -22.02 for asset returns.
Based on QuinStreet Inc (QNST), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is -48.88.
Currently, EBITDA for the company is -1.42 million with net debt to EBITDA at 5.87. When we switch over and look at the enterprise to sales, we see a ratio of 1.86. The receivables turnover for the company is 7.35for trailing twelve months and the total asset turnover is 1.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.
Conclusion
In conclusion, QuinStreet Inc (QNST) has had a better performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
