Quest Resource Holding Corporation (QRHC)
NASDAQ: QRHC · IEX Real-Time Price · USD
8.84
-0.32 (-3.49%)
Apr 16, 2024, 4:30 PM EDT - Market closed

Quest Resource Holding Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for QRHC stock have an average target of 12, which predicts an increase of 35.75% from the current stock price of 8.84.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $12 $12 $12 $12
Change +35.75% +35.75% +35.75% +35.75%
* Price targets were last updated on Aug 15, 2023.

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 222222
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$12
Strong Buy Reiterates $12 +35.75% Aug 15, 2023
EF Hutton
EF Hutton
Strong Buy
Reiterates
$12
Strong Buy Reiterates $12 +35.75% May 16, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$12
Strong Buy Reiterates $12 +35.75% May 16, 2023
EF Hutton
EF Hutton
Strong Buy
Initiates
$13
Strong Buy Initiates $13 +47.06% Apr 18, 2022
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$13
Strong Buy Initiates $13 +47.06% Feb 14, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
319.01M
from 288.38M
Increased by 10.62%
Revenue Next Year
344.96M
from 319.01M
Increased by 8.13%
EPS This Year
0.18
from -0.36
EPS Next Year
0.35
from 0.18
Increased by 94.29%
Year 2019202020212022202320242025202620272028
Revenue
98.98M98.66M155.72M284.04M288.38M319.01M344.96M376.20M403.48M432.53M
Revenue Growth
-4.65%-0.32%57.83%82.41%1.53%10.62%8.13%9.06%7.25%7.20%
EPS
-0.050.08-0.31-0.360.180.350.560.740.94
EPS Growth
--60.00%---94.29%61.76%32.73%26.03%
No. Analysts -----44333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 329.8M 357.6M 387.3M 415.3M 445.3M
Avg 319.0M 345.0M 376.2M 403.5M 432.5M
Low 305.2M 329.1M 361.5M 387.7M 415.6M

Revenue Growth

Revenue Growth 20242025202620272028
High
14.4%
12.1%
12.3%
10.4%
10.4%
Avg
10.6%
8.1%
9.1%
7.3%
7.2%
Low
5.8%
3.2%
4.8%
3.0%
3.0%

EPS Forecast

EPS 20242025202620272028
High 0.38 0.49 0.58 0.77 0.97
Avg 0.18 0.35 0.56 0.74 0.94
Low -0.01 0.21 0.54 0.72 0.90

EPS Growth

EPS Growth 20242025202620272028
High -
176.5%
66.5%
36.6%
29.7%
Avg -
94.3%
61.8%
32.7%
26.0%
Low -
15.3%
55.4%
27.5%
21.1%
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.