Quest Resource Holding Corp (NASDAQ:QRHC) has earned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Brokerages have set a one year consensus price objective of $2.88 for the company and are anticipating that the company will post ($0.06) EPS for the current quarter, according to Zacks. Zacks has also assigned Quest Resource an industry rank of 164 out of 254 based on the ratings given to its competitors.

Separately, ValuEngine raised Quest Resource from a “hold” rating to a “buy” rating in a research report on Friday, May 1st.

A hedge fund recently raised its stake in Quest Resource stock. Essex Investment Management Co. LLC lifted its position in Quest Resource Holding Corp (NASDAQ:QRHC) by 3.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 257,693 shares of the business services provider’s stock after acquiring an additional 9,155 shares during the period. Essex Investment Management Co. LLC owned 1.68% of Quest Resource worth $562,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 35.97% of the company’s stock.

Shares of QRHC stock opened at $1.44 on Friday. The business’s fifty day simple moving average is $1.34 and its 200-day simple moving average is $1.84. The company has a market cap of $21.56 million, a PE ratio of -72.00 and a beta of 1.51. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.07. Quest Resource has a 12-month low of $1.10 and a 12-month high of $2.99.

Quest Resource (NASDAQ:QRHC) last issued its quarterly earnings results on Thursday, May 14th. The business services provider reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.02). The business had revenue of $25.33 million for the quarter, compared to the consensus estimate of $23.04 million. Quest Resource had a negative return on equity of 0.20% and a negative net margin of 0.13%. On average, equities analysts forecast that Quest Resource will post -0.14 earnings per share for the current year.

About Quest Resource

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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