Q1 EPS Forecast for Quest Resource Reduced by Analyst

Quest Resource Holding Co. (NASDAQ:QRHC) – Analysts at Northland Capmk dropped their Q1 2025 earnings per share (EPS) estimates for Quest Resource in a report issued on Thursday, March 13th. Northland Capmk analyst O. Rickert now anticipates that the business services provider will post earnings of ($0.05) per share for the quarter, down from their previous forecast of $0.09. The consensus estimate for Quest Resource’s current full-year earnings is $0.09 per share. Northland Capmk also issued estimates for Quest Resource’s FY2025 earnings at $0.24 EPS.

Quest Resource (NASDAQ:QRHC) last announced its quarterly earnings data on Wednesday, March 12th. The business services provider reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.03). The firm had revenue of $69.97 million during the quarter, compared to the consensus estimate of $73.63 million. Quest Resource had a negative net margin of 2.74% and a positive return on equity of 3.11%.

Separately, StockNews.com lowered Quest Resource from a “hold” rating to a “sell” rating in a report on Thursday.

Quest Resource Stock Up 10.8 %

Shares of Quest Resource stock opened at $2.97 on Monday. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 1.15. The firm has a market cap of $61.15 million, a P/E ratio of -8.03, a P/E/G ratio of 0.76 and a beta of 0.66. Quest Resource has a fifty-two week low of $2.61 and a fifty-two week high of $10.85. The business has a 50-day moving average price of $5.12 and a 200 day moving average price of $6.75.

Hedge Funds Weigh In On Quest Resource

Institutional investors have recently made changes to their positions in the stock. Wells Fargo & Company MN grew its holdings in shares of Quest Resource by 53.3% during the fourth quarter. Wells Fargo & Company MN now owns 8,143 shares of the business services provider’s stock valued at $53,000 after purchasing an additional 2,830 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Quest Resource during the fourth quarter valued at approximately $68,000. Greenhaven Road Investment Management L.P. bought a new position in shares of Quest Resource during the fourth quarter valued at approximately $72,000. BNP Paribas Financial Markets boosted its position in shares of Quest Resource by 62.0% during the third quarter. BNP Paribas Financial Markets now owns 10,063 shares of the business services provider’s stock worth $80,000 after buying an additional 3,850 shares during the period. Finally, MetLife Investment Management LLC boosted its position in shares of Quest Resource by 129.1% during the third quarter. MetLife Investment Management LLC now owns 10,285 shares of the business services provider’s stock worth $82,000 after buying an additional 5,795 shares during the period. 48.16% of the stock is owned by institutional investors.

Quest Resource Company Profile

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.