Quest Resource Holding Corp. Forecasted to Post FY2016 Earnings of ($0.58) Per Share (QRHC)
Quest Resource Holding Corp. (NASDAQ:QRHC) – Investment analysts at Roth Capital decreased their FY2016 earnings per share (EPS) estimates for Quest Resource Holding Corp. in a report issued on Thursday. Roth Capital analyst G. Sweeney now anticipates that the brokerage will earn ($0.58) per share for the year, down from their prior forecast of ($0.51). Roth Capital has a “Buy” rating and a $6.00 price target on the stock. Roth Capital also issued estimates for Quest Resource Holding Corp.’s Q4 2016 earnings at ($0.13) EPS and FY2017 earnings at ($0.11) EPS.
Quest Resource Holding Corp. (NASDAQ:QRHC) last announced its earnings results on Monday, November 14th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by $0.04. Quest Resource Holding Corp. had a negative net margin of 5.17% and a negative return on equity of 13.60%.
Separately, Zacks Investment Research raised Quest Resource Holding Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, October 19th.
Quest Resource Holding Corp. (NASDAQ:QRHC) opened at 1.97 on Monday. Quest Resource Holding Corp. has a 12 month low of $1.60 and a 12 month high of $7.31. The stock’s 50 day moving average price is $1.92 and its 200-day moving average price is $2.49. The stock’s market cap is $29.24 million.
About Quest Resource Holding Corp.
Quest Resource Holding Corporation (QRHC) provides businesses with one-stop management programs to reuse, recycle and dispose of a range of waste streams and recyclables generated by their businesses and operate social media and online data platforms that contain information and instructions to recycle or properly dispose of household products and materials.
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