Quest Resource Q1 EPS Estimate Lowered by Northland Capmk

Quest Resource Holding Co. (NASDAQ:QRHC) – Analysts at Northland Capmk dropped their Q1 2025 earnings estimates for Quest Resource in a report issued on Thursday, March 13th. Northland Capmk analyst O. Rickert now expects that the business services provider will post earnings of ($0.05) per share for the quarter, down from their previous forecast of $0.09. The consensus estimate for Quest Resource’s current full-year earnings is $0.09 per share. Northland Capmk also issued estimates for Quest Resource’s FY2025 earnings at $0.24 EPS.

Quest Resource (NASDAQ:QRHC) last announced its quarterly earnings data on Wednesday, March 12th. The business services provider reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). Quest Resource had a negative net margin of 2.74% and a positive return on equity of 3.11%. The business had revenue of $69.97 million during the quarter, compared to analyst estimates of $73.63 million.

Separately, StockNews.com lowered shares of Quest Resource from a “hold” rating to a “sell” rating in a research note on Thursday, March 13th.

Quest Resource Trading Down 5.4 %

Shares of QRHC stock opened at $2.81 on Monday. The company has a market cap of $57.85 million, a P/E ratio of -7.59, a PEG ratio of 0.76 and a beta of 0.66. Quest Resource has a fifty-two week low of $2.61 and a fifty-two week high of $10.85. The stock has a 50 day simple moving average of $5.05 and a two-hundred day simple moving average of $6.71. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.52 and a current ratio of 1.52.

Institutional Trading of Quest Resource

Large investors have recently made changes to their positions in the company. Wells Fargo & Company MN raised its stake in Quest Resource by 53.3% during the 4th quarter. Wells Fargo & Company MN now owns 8,143 shares of the business services provider’s stock worth $53,000 after buying an additional 2,830 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Quest Resource during the fourth quarter worth approximately $68,000. Greenhaven Road Investment Management L.P. bought a new position in shares of Quest Resource in the 4th quarter worth $72,000. BNP Paribas Financial Markets grew its position in Quest Resource by 62.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,063 shares of the business services provider’s stock valued at $80,000 after purchasing an additional 3,850 shares during the period. Finally, MetLife Investment Management LLC grew its position in Quest Resource by 129.1% in the 3rd quarter. MetLife Investment Management LLC now owns 10,285 shares of the business services provider’s stock valued at $82,000 after purchasing an additional 5,795 shares during the period. 48.16% of the stock is currently owned by institutional investors and hedge funds.

About Quest Resource

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. The company provides disposal and recycling services for motor oil and automotive lubricants, oil filters, scrap tires, oily water, goods destruction, food waste, meat renderings, cooking oil and grease trap waste, plastics, cardboard, metal, glass, mixed paper, construction debris, as well as a large variety of regulated and non-regulated solid, liquid, and gas wastes.