In a report released today, Eric Martinuzzi from Lake Street maintained a Hold rating on Quinstreet (QNST – Research Report), with a price target of $11.00. The company’s shares closed last Friday at $12.67.
Martinuzzi covers the Technology sector, focusing on stocks such as Par Technology, Quantum, and Asure. According to TipRanks, Martinuzzi has an average return of 4.8% and a 46.27% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Quinstreet with a $14.67 average price target, which is a 15.79% upside from current levels. In a report released on January 25, Craig-Hallum also maintained a Hold rating on the stock with a $14.00 price target.
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QNST market cap is currently $691.5M and has a P/E ratio of -9.16.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QNST in relation to earlier this year. Most recently, in November 2023, Andrew Sheehan, a Director at QNST sold 50,000.00 shares for a total of $572,000.00.
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Quinstreet (QNST) Company Description:
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.
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