Skip to main content

Market Overview

UPDATE: Bank Of America Reiterates On QuinStreet On Market Pains


In a report published Wednesday, Bank of America analyst Nat Schindler reiterated an Underperform rating on QuinStreet (NASDAQ: QNST), but lowered the price target from $5.00 to $4.50.

In the report, Bank of America noted, “QuinStreet reported 4QFY14 revenue/EBITDA of $68mn/1.8mn in-line on revenue but below on EBITDA estimates of $68mn/$5.7mn as gross margins fell 390bps in 4Q. Education declined 18% y/y, financial services declined 13% y/y, while other services grew 16% y/y on strength in B2B technology and home services client verticals. Adj. EBITDA margins declined 610bps as QNST spent on marketing.”

QuinStreet closed on Tuesday at $4.99.

Latest Ratings for QNST

Sep 2020Barrington ResearchUpgradesMarket PerformOutperform
Oct 2018William BlairInitiates Coverage OnOutperform
Jun 2018Craig-HallumInitiates Coverage OnBuy

View More Analyst Ratings for QNST
View the Latest Analyst Ratings


Related Articles (QNST)

View Comments and Join the Discussion!

Posted-In: Bank of America Nat SchindlerAnalyst Color Price Target Analyst Ratings

Latest Ratings

ATERRoth CapitalMaintains25.0
FMTXSVB LeerinkMaintains54.0
PLXSLoop CapitalMaintains105.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at