News stories about QuinStreet (NASDAQ:QNST) have trended somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. QuinStreet earned a news impact score of 0.16 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 46.8118564159016 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several equities research analysts have recently commented on the company. BidaskClub downgraded QuinStreet from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 16th. TheStreet upgraded QuinStreet from a “c+” rating to a “b-” rating in a report on Monday, July 9th. Craig Hallum assumed coverage on QuinStreet in a report on Wednesday, June 27th. They set a “buy” rating and a $20.00 price objective for the company. Northland Securities assumed coverage on QuinStreet in a report on Thursday, June 21st. They set an “outperform” rating and a $20.00 price objective for the company. Finally, Zacks Investment Research downgraded QuinStreet from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 3rd. Seven equities research analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of $17.29.

NASDAQ QNST opened at $14.96 on Wednesday. The company has a market cap of $715.02 million, a PE ratio of 46.75, a PEG ratio of 1.12 and a beta of 0.98. QuinStreet has a 52 week low of $5.10 and a 52 week high of $16.42.

QuinStreet (NASDAQ:QNST) last announced its quarterly earnings results on Tuesday, August 7th. The technology company reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.06. QuinStreet had a return on equity of 12.72% and a net margin of 3.94%. The business had revenue of $111.50 million during the quarter, compared to the consensus estimate of $100.62 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. QuinStreet’s revenue was up 36.8% compared to the same quarter last year. sell-side analysts expect that QuinStreet will post 0.54 EPS for the current year.

In related news, CEO Douglas Valenti sold 26,251 shares of the company’s stock in a transaction on Wednesday, June 13th. The stock was sold at an average price of $13.73, for a total transaction of $360,426.23. Following the completion of the sale, the chief executive officer now owns 292,564 shares in the company, valued at $4,016,903.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Andrew T. Sheehan sold 21,034 shares of the company’s stock in a transaction on Monday, June 11th. The stock was sold at an average price of $13.73, for a total value of $288,796.82. Following the sale, the director now owns 28,888 shares of the company’s stock, valued at approximately $396,632.24. The disclosure for this sale can be found here. Insiders have sold 1,900,209 shares of company stock valued at $27,672,435 in the last quarter. 24.10% of the stock is currently owned by corporate insiders.

QuinStreet Company Profile

QuinStreet, Inc, an Internet performance marketing and media company, provides customer acquisition services for its clients in the United States and internationally. It offers online marketing services to its clients in the form of qualified leads, inquiries, clicks, calls, applications, customers, display advertisements, or impressions through its Websites or third-party publishers.

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Insider Buying and Selling by Quarter for QuinStreet (NASDAQ:QNST)

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