Shares of QuinStreet Inc (NASDAQ:QNST) have earned an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Brokers have set a one year consensus price target of $11.25 for the company and are predicting that the company will post $0.10 EPS for the current quarter, according to Zacks. Zacks has also given QuinStreet an industry rank of 62 out of 265 based on the ratings given to its competitors.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of QuinStreet from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research report on Friday. Stephens reissued a “buy” rating and issued a $11.50 price objective on shares of QuinStreet in a research note on Thursday, February 1st. Finally, Barrington Research assumed coverage on shares of QuinStreet in a research note on Tuesday, November 28th. They issued an “outperform” rating and a $12.50 price objective for the company.

In other news, Director John G. Mcdonald sold 14,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $10.37, for a total value of $145,180.00. Following the completion of the transaction, the director now owns 67,671 shares of the company’s stock, valued at $701,748.27. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director James R. Simons sold 229,716 shares of the firm’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $8.63, for a total transaction of $1,982,449.08. The disclosure for this sale can be found here. In the last three months, insiders sold 475,650 shares of company stock valued at $4,214,765. Insiders own 24.10% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. LS Investment Advisors LLC boosted its stake in shares of QuinStreet by 1,230.5% in the fourth quarter. LS Investment Advisors LLC now owns 14,556 shares of the technology company’s stock valued at $122,000 after purchasing an additional 13,462 shares during the period. Bessemer Group Inc. purchased a new position in shares of QuinStreet in the fourth quarter valued at approximately $152,000. Strs Ohio purchased a new position in shares of QuinStreet in the fourth quarter valued at approximately $180,000. Capital One National Association purchased a new position in shares of QuinStreet in the fourth quarter valued at approximately $197,000. Finally, Wells Fargo & Company MN boosted its stake in shares of QuinStreet by 48.8% in the second quarter. Wells Fargo & Company MN now owns 27,130 shares of the technology company’s stock valued at $113,000 after purchasing an additional 8,900 shares during the period. 63.02% of the stock is owned by institutional investors and hedge funds.

Shares of QuinStreet (QNST) opened at $11.67 on Thursday. QuinStreet has a 12-month low of $2.96 and a 12-month high of $13.15. The firm has a market cap of $539.55, a PE ratio of 77.80, a price-to-earnings-growth ratio of 2.59 and a beta of 1.36.

QuinStreet (NASDAQ:QNST) last announced its quarterly earnings results on Wednesday, January 31st. The technology company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.06. QuinStreet had a net margin of 0.78% and a return on equity of 5.77%. The business had revenue of $87.49 million during the quarter, compared to analysts’ expectations of $75.18 million. During the same period last year, the business earned ($0.04) earnings per share. The business’s revenue for the quarter was up 33.3% on a year-over-year basis. research analysts expect that QuinStreet will post 0.18 EPS for the current fiscal year.

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QuinStreet Company Profile

QuinStreet, Inc is an online performance marketing company. The Company provides vertically oriented customer acquisition programs for its clients. The Company operating segments include Direct Marketing Services (DMS) business. Its DMS business derives its net revenue from fees earned through the delivery of qualified leads, clicks, calls or customers, and display advertisements, or impressions.

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