Quest Resource Holding Corporation (QRHC)
NASDAQ: QRHC · IEX Real-Time Price · USD
9.38
+0.35 (3.88%)
Apr 24, 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 27.93% from the current stock price of 9.38.
Analyst Consensus: Strong Buy
* 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 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 | 2 | 2 | 2 |
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 | +27.93% | Aug 15, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +27.93% | May 16, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $12 | Strong Buy | Reiterates | $12 | +27.93% | May 16, 2023 |
| EF Hutton | EF Hutton | Strong Buy Initiates $13 | Strong Buy | Initiates | $13 | +38.59% | Apr 18, 2022 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $13 | Strong Buy | Initiates | $13 | +38.59% | Feb 14, 2022 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.