QuinStreet Inc (NASDAQ: QNST) has reported a loss for its third fiscal quarter (ending March 31) of $-0.13 versus a loss $-0.01 for the same period a year ago. This result fell short of the consensus estimate of $0.16 by $-0.29. For the latest four quarters through March 31, E.P.S. were $-1.56 versus $-0.33 for the same period a year ago.
Recent Price Action
QuinStreet Inc (NASDAQ: QNST) stock declined by -3.4% on 5/8/24. The shares closed at $18.76. Moreover, this decline was accompanied by unusually high trading volume at 164% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 3.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, QNST is expected to be an important Value Builder.
QuinStreet has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. QuinStreet has a very low Appreciation Score of 10 but a very high Power Rating of 95, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment