Quest Resource (QRHC) to Release Quarterly Earnings on Monday

Quest Resource (NASDAQ:QRHC) is projected to release its Q1 2025 earnings data after the market closes on Monday, May 12th. Analysts expect Quest Resource to post earnings of ($0.05) per share and revenue of $72.04 million for the quarter.

Quest Resource (NASDAQ:QRHC) last issued its quarterly earnings data on Wednesday, March 12th. The business services provider reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.03). Quest Resource had a positive return on equity of 3.11% and a negative net margin of 2.74%. The business had revenue of $69.97 million for the quarter, compared to analyst estimates of $73.63 million. On average, analysts expect Quest Resource to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Quest Resource Stock Up 1.2 %

Shares of Quest Resource stock opened at $2.45 on Friday. Quest Resource has a 1 year low of $1.91 and a 1 year high of $10.48. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.52 and a quick ratio of 1.52. The company has a market capitalization of $50.48 million, a P/E ratio of -6.62, a price-to-earnings-growth ratio of 0.76 and a beta of 0.55. The business has a 50-day moving average of $2.75 and a two-hundred day moving average of $5.04.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on QRHC. StockNews.com lowered shares of Quest Resource from a “hold” rating to a “sell” rating in a research note on Thursday, March 13th. Northland Securities set a $6.50 target price on Quest Resource in a report on Thursday, March 13th.

Insider Transactions at Quest Resource

In related news, CEO Perry W. Moss bought 16,338 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The shares were acquired at an average price of $3.01 per share, for a total transaction of $49,177.38. Following the completion of the acquisition, the chief executive officer now owns 257,933 shares of the company’s stock, valued at approximately $776,378.33. The trade was a 6.76 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have acquired a total of 23,912 shares of company stock valued at $71,046 over the last 90 days. 22.84% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Quest Resource stock. Bank of America Corp DE lifted its position in Quest Resource Holding Co. (NASDAQ:QRHC) by 36.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,356 shares of the business services provider’s stock after buying an additional 4,104 shares during the quarter. Bank of America Corp DE owned about 0.07% of Quest Resource worth $100,000 as of its most recent SEC filing. 48.16% of the stock is owned by institutional investors.

About Quest Resource

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. The company provides disposal and recycling services for motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, cardboard, metal, glass, mixed paper, construction debris, as well as a large variety of regulated and non-regulated solid, liquid, and gas wastes.