Quest Resource Holding Corporation (QRHC)
NASDAQ: QRHC · IEX Real-Time Price · USD
8.57
-0.17 (-1.95%)
At close: Jul 19, 2024, 4:30 PM
8.54
-0.03 (-0.35%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Quest Resource Holding Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for QRHC stock have an average target of 13.5, with a low estimate of 12 and a high estimate of 15. The average target predicts an increase of 57.53% from the current stock price of 8.57.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for QRHC stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $12 → $15 | Strong Buy | Maintains | $12 → $15 | +75.03% | May 10, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +40.02% | Aug 15, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +40.02% | May 16, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +40.02% | May 16, 2023 |
| EF Hutton | EF Hutton | Strong Buy Initiates $13 | Strong Buy | Initiates | $13 | +51.69% | Apr 18, 2022 |
Financial Forecast
Revenue This Year
317.42M
from 288.38M
Increased by 10.07%
Revenue Next Year
348.48M
from 317.42M
Increased by 9.79%
EPS This Year
-0.01
from -0.36
EPS Next Year
0.16
from -0.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 328.4M | 359.7M | 387.3M |
| Avg | 317.4M | 348.5M | 376.2M |
| Low | 303.4M | 333.9M | 361.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.9% | 13.3% | 11.1% |
| Avg | 10.1% | 9.8% | 8.0% |
| Low | 5.2% | 5.2% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 0.19 | 0.58 |
| Avg | -0.01 | 0.16 | 0.56 |
| Low | -0.01 | 0.13 | 0.54 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 265.3% |
| Avg | - | - | 254.8% |
| Low | - | - | 240.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.