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QuinStreet Inc (QNST) – Don’t Be So Quick to Call it Dead

QuinStreet Inc (NASDAQ: QNST) is -20.76% lower on its value in year-to-date trading and has touched a low of $14.39 and a high of $26.27 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QNST stock was last observed hovering at around $17.74 in the last trading session, with the day’s gains setting it 0.54%.

Currently trading at $18.28, the stock is 8.11% and 4.24% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 3.04% at the moment leaves the stock -7.97% off its SMA200. QNST registered -3.28% loss for a year compared to 6-month loss of -8.19%.

The stock witnessed a 19.48% gain in the last 1 month and extending the period to 3 months gives it a -26.88%, and is 4.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.35% over the week and 5.40% over the month.

QuinStreet Inc (QNST) has around 899 employees, a market worth around $1.03B and $928.72M in sales. Fwd P/E is 16.28. Profit margin for the company is -1.31%. Distance from 52-week low is 27.08% and -30.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.25%).

The EPS is expected to grow by 688.25% this year

The shares outstanding are 56.47M, and float is at 51.69M with Short Float at 5.67%.

The top institutional shareholder in the company is BLACKROCK INC. with over 8.57 million shares valued at $142.16 million. The investor’s holdings represent 15.473 of the QNST Shares outstanding. As of 2024-06-30, the second largest holder is PRIVATE CAPITAL MANAGEMENT, LLC with 4.26 million shares valued at $70.69 million to account for 7.6945 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.82 million shares representing 6.8949 and valued at over $63.35 million, while THRIVENT FINANCIAL FOR LUTHERANS holds 5.3832 of the shares totaling 2.98 million with a market value of $49.46 million.

QuinStreet Inc (QNST) Insider Activity

QuinStreet Inc disclosed in a document filed with the SEC on Feb 18 ’25 that Wong Gregory (CFO) sold a total of 8,516 shares of the company’s common stock. The trade occurred on Feb 18 ’25 and was made at $22.88 per share for $0.19 million. Following the transaction, the insider now directly holds 0.34 million shares of the QNST stock.

Still, SEC filings show that on Feb 18 ’25, Wong Gregory (Officer) Proposed Sale 8,516 shares at an average price of $22.88 for $0.19 million. The insider now directly holds shares of QuinStreet Inc (QNST).

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