Quinstreet Inc 2018 Q1 Institutional Investor Sentiment Worse Than Expected

July 27, 2018 - By Jack Shaw

QuinStreet, Inc. (NASDAQ:QNST) Logo

Sentiment for Quinstreet Inc (NASDAQ:QNST)

Quinstreet Inc (NASDAQ:QNST) institutional sentiment decreased to 1.58 in Q1 2018. Its down -0.58, from 2.16 in 2017Q4. The ratio is negative, as 79 institutional investors started new or increased positions, while 50 cut down and sold their holdings in Quinstreet Inc. The institutional investors in our partner’s database now hold: 33.26 million shares, up from 30.74 million shares in 2017Q4. Also, the number of institutional investors holding Quinstreet Inc in their top 10 positions increased from 1 to 2 for an increase of 1. Sold All: 11 Reduced: 39 Increased: 49 New Position: 30.

QuinStreet, Inc., an Internet performance marketing and media company, provides customer acquisition services for its clients in the United States and internationally. The company has market cap of $672.13 million. 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. It has a 269.06 P/E ratio. The firm provides its services in various verticals, such as financial services, education, business-to-business technology, and home services.

The stock increased 0.07% or $0.01 during the last trading session, reaching $14.26. About 279,702 shares traded. QuinStreet, Inc. (NASDAQ:QNST) has risen 256.08% since July 27, 2017 and is uptrending. It has outperformed by 243.51% the S&P500.

Analysts await QuinStreet, Inc. (NASDAQ:QNST) to report earnings on August, 14. They expect $0.07 EPS, up 133.33 % or $0.04 from last year’s $0.03 per share. QNST’s profit will be $3.30 million for 50.93 P/E if the $0.07 EPS becomes a reality. After $0.14 actual EPS reported by QuinStreet, Inc. for the previous quarter, Wall Street now forecasts -50.00 % negative EPS growth.

Private Capital Management Llc holds 9.34% of its portfolio in QuinStreet, Inc. for 4.66 million shares. G2 Investment Partners Management Llc owns 1.32 million shares or 6.62% of their US portfolio. Moreover, Rk Capital Management Llc has 1.46% invested in the company for 525,900 shares. The Massachusetts-based Rutabaga Capital Management Llc Ma has invested 0.86% in the stock. Hood River Capital Management Llc, a Oregon-based fund reported 967,742 shares.

Since January 1, 0001, it had 0 insider buys, and 16 selling transactions for $26.24 million activity.

QuinStreet, Inc. (NASDAQ:QNST) Ratings Coverage

Ratings analysis reveals 100% of Quinstreet’s analysts are positive. Out of 3 Wall Street analysts rating Quinstreet, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $11.5 while the high is $20. The stock’s average target of $17.17 is 20.41% above today’s ($14.26) share price. QNST was included in 3 notes of analysts from February 1, 2018. As per Thursday, February 1, the company rating was maintained by Stephens.

More news for QuinStreet, Inc. (NASDAQ:QNST) were recently published by: Digitaljournal.com, which released: “NASDAQ:QNST Shareholder Notice: Investigation of Potential Wrongdoing at QuinStreet, Inc” on July 03, 2018. Nasdaq.com‘s article titled: “QuinStreet Sets Date to Announce Fourth Quarter and Fiscal Year 2018 Results” and published on June 30, 2018 is yet another important article.

QuinStreet, Inc. (NASDAQ:QNST) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.