Brokerages expect QuinStreet Inc (NASDAQ:QNST) to report $0.14 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for QuinStreet’s earnings, with the highest EPS estimate coming in at $0.16 and the lowest estimate coming in at $0.12. QuinStreet reported earnings of $0.12 per share during the same quarter last year, which indicates a positive year over year growth rate of 16.7%. The business is scheduled to report its next quarterly earnings report on Thursday, February 6th.

According to Zacks, analysts expect that QuinStreet will report full-year earnings of $0.74 per share for the current fiscal year, with EPS estimates ranging from $0.65 to $0.83. For the next fiscal year, analysts forecast that the business will report earnings of $0.78 per share, with EPS estimates ranging from $0.75 to $0.81. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for QuinStreet.

QuinStreet (NASDAQ:QNST) last released its earnings results on Thursday, August 8th. The technology company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.02). QuinStreet had a net margin of 13.73% and a return on equity of 6.53%. The business had revenue of $121.96 million during the quarter, compared to analyst estimates of $128.92 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year.

Several equities research analysts have commented on QNST shares. BidaskClub raised shares of QuinStreet from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Stephens set a $19.00 target price on shares of QuinStreet and gave the stock a “buy” rating in a research report on Friday, August 9th. ValuEngine raised shares of QuinStreet from a “hold” rating to a “buy” rating in a research note on Tuesday, November 5th. Barrington Research dropped their price objective on shares of QuinStreet from $20.00 to $16.00 and set an “outperform” rating for the company in a research note on Thursday, August 15th. Finally, Northland Securities reaffirmed a “buy” rating and set a $18.00 price target on shares of QuinStreet in a research note on Monday, August 12th. One analyst has rated the stock with a sell rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $18.50.

In other news, CEO Douglas Valenti sold 32,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $12.59, for a total value of $409,175.00. Following the sale, the chief executive officer now owns 362,501 shares of the company’s stock, valued at $4,563,887.59. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 11.10% of the company’s stock.

Large investors have recently modified their holdings of the stock. Mason Street Advisors LLC boosted its stake in shares of QuinStreet by 19.3% in the 3rd quarter. Mason Street Advisors LLC now owns 15,575 shares of the technology company’s stock valued at $196,000 after purchasing an additional 2,517 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of QuinStreet by 28.1% in the third quarter. First Trust Advisors LP now owns 189,221 shares of the technology company’s stock worth $2,382,000 after acquiring an additional 41,513 shares during the last quarter. Parallel Advisors LLC acquired a new position in shares of QuinStreet in the third quarter worth $196,000. Russell Investments Group Ltd. raised its holdings in shares of QuinStreet by 7.7% in the third quarter. Russell Investments Group Ltd. now owns 308,906 shares of the technology company’s stock worth $3,891,000 after acquiring an additional 21,970 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust acquired a new position in shares of QuinStreet in the third quarter worth $1,405,000. 99.22% of the stock is owned by institutional investors.

NASDAQ QNST traded up $2.57 on Friday, hitting $15.31. 2,525,900 shares of the stock traded hands, compared to its average volume of 700,102. The stock has a 50-day moving average of $12.67 and a 200 day moving average of $14.08. QuinStreet has a twelve month low of $10.15 and a twelve month high of $20.02. The company has a market capitalization of $659.21 million, a P/E ratio of 12.97, a price-to-earnings-growth ratio of 1.17 and a beta of 0.73.

About QuinStreet

QuinStreet, Inc, an Internet performance marketing 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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