Shares of Quest Resource Holding Corp (NASDAQ:QRHC) have been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Brokers have set a 1 year consensus price objective of $5.50 for the company and are expecting that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also assigned Quest Resource an industry rank of 59 out of 255 based on the ratings given to related companies.

A number of research analysts have issued reports on the stock. ValuEngine raised shares of Quest Resource from a “sell” rating to a “hold” rating in a report on Saturday, June 2nd. HC Wainwright reaffirmed a “buy” rating and issued a $5.00 target price on shares of Quest Resource in a report on Wednesday, May 16th.

An institutional investor recently raised its position in Quest Resource stock. Renaissance Technologies LLC lifted its holdings in shares of Quest Resource Holding Corp (NASDAQ:QRHC) by 17.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,851 shares of the business services provider’s stock after purchasing an additional 24,900 shares during the period. Renaissance Technologies LLC owned about 1.09% of Quest Resource worth $381,000 as of its most recent SEC filing. Institutional investors and hedge funds own 13.59% of the company’s stock.

Quest Resource stock traded up $0.05 during mid-day trading on Friday, reaching $2.18. The company had a trading volume of 25,574 shares, compared to its average volume of 20,347. Quest Resource has a 1 year low of $1.03 and a 1 year high of $2.91. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.08. The stock has a market cap of $27.13 million, a PE ratio of -5.74, a price-to-earnings-growth ratio of 7.87 and a beta of 2.71.

Quest Resource (NASDAQ:QRHC) last issued its earnings results on Tuesday, August 14th. The business services provider reported ($0.04) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.02. Quest Resource had a negative net margin of 4.34% and a negative return on equity of 8.32%. The company had revenue of $27.93 million during the quarter, compared to analysts’ expectations of $27.13 million. sell-side analysts forecast that Quest Resource will post 0.01 EPS for the current fiscal year.

Quest Resource Company Profile

Quest Resource Holding Corporation, through its subsidiaries, provides solutions for the reuse, recycle, and dispose various waste streams and recyclables in the United States. The company offers recycling and waste management services for motor oil, oil filters, scrap tires, grease and cooking oil, food waste, and expired food products; and various other materials, such as glass, cardboard, paper, and metal, as well as hazardous materials, plastics, construction debris, batteries, mercury, lights, regulated waste, electronic devices, and industrial cleaning products.

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