Somewhat Positive Press Coverage Somewhat Unlikely to Affect QuinStreet (QNST) Share Price

Press coverage about QuinStreet (NASDAQ:QNST) has trended somewhat positive on Tuesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. QuinStreet earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 48.1861838970309 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Separately, Barrington Research assumed coverage on shares of QuinStreet in a report on Tuesday, November 28th. They issued an “outperform” rating and a $12.50 price objective on the stock.

QuinStreet (NASDAQ QNST) opened at $8.88 on Tuesday. The stock has a market cap of $414.17, a PE ratio of -55.50, a P/E/G ratio of 2.75 and a beta of 1.12. QuinStreet has a 12-month low of $2.96 and a 12-month high of $10.97.

QuinStreet (NASDAQ:QNST) last announced its earnings results on Monday, October 30th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.05 by $0.03. The firm had revenue of $87.40 million during the quarter, compared to analyst estimates of $79.90 million. QuinStreet had a negative net margin of 2.29% and a positive return on equity of 1.06%. QuinStreet’s revenue was up 19.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.01 EPS. sell-side analysts expect that QuinStreet will post 0.11 earnings per share for the current year.

In related news, Director James R. Simons sold 229,716 shares of the stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $8.63, for a total value of $1,982,449.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John G. Mcdonald sold 14,000 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $10.37, for a total transaction of $145,180.00. Following the completion of the transaction, the director now owns 67,671 shares of the company’s stock, valued at approximately $701,748.27. The disclosure for this sale can be found here. Insiders sold a total of 475,650 shares of company stock valued at $4,214,765 in the last quarter. 24.10% of the stock is currently owned by insiders.

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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.

Insider Buying and Selling by Quarter for QuinStreet (NASDAQ:QNST)

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