Craig-Hallum analyst Jason Kreyer maintained a Hold rating on Quinstreet (QNST – Research Report) today. The company’s shares closed yesterday at $9.09.
Kreyer covers the Technology sector, focusing on stocks such as comScore, Integral Ad Science, and LiveRamp Holdings. According to TipRanks, Kreyer has an average return of 3.1% and a 46.45% success rate on recommended stocks.
Quinstreet has an analyst consensus of Hold, with a price target consensus of $14.00, representing a 54.02% upside. In a report released yesterday, Lake Street also maintained a Hold rating on the stock with a $10.00 price target.
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Based on Quinstreet’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $172.67 million and a GAAP net loss of $479 thousand. In comparison, last year the company earned a revenue of $150.66 million and had a net profit of $2.23 million
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of QNST in relation to earlier this year.
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QuinStreet, Inc. engages in the provision of media management services. It operates through the United States and International geographical segments. Its platform offers performance marketing products based from number of clicks, inquiries, calls, applications, and full customer acquisitions. The company was founded on April 16, 1999 and is headquartered in Foster City, CA.
