Quest Resource (QRHC) to Release Earnings on Monday

Quest Resource (NASDAQ:QRHC) is set to post its quarterly earnings results after the market closes on Monday, May 17th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Quest Resource (NASDAQ:QRHC) last issued its quarterly earnings data on Wednesday, March 10th. The business services provider reported $0.01 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.01. The business had revenue of $27.66 million for the quarter, compared to analyst estimates of $24.18 million. Quest Resource had a return on equity of 1.76% and a net margin of 1.01%. On average, analysts expect Quest Resource to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of QRHC stock opened at $3.28 on Friday. The firm has a market capitalization of $60.39 million, a P/E ratio of 82.02, a P/E/G ratio of 1.95 and a beta of 1.36. Quest Resource has a twelve month low of $1.10 and a twelve month high of $4.58. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.06. The stock’s fifty day simple moving average is $3.88 and its 200 day simple moving average is $2.86.

QRHC has been the topic of a number of analyst reports. HC Wainwright upped their price target on Quest Resource from $3.50 to $6.00 and gave the company a “buy” rating in a research report on Thursday, March 18th. Zacks Investment Research lowered Quest Resource from a “hold” rating to a “sell” rating in a research report on Tuesday, March 16th.

In other Quest Resource news, major shareholder Wynnefield Partners Small Cap sold 24,395 shares of the company’s stock in a transaction dated Thursday, March 25th. The stock was sold at an average price of $4.25, for a total value of $103,678.75. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold a total of 35,879 shares of company stock worth $148,913 in the last quarter. Corporate insiders own 21.91% of the company’s stock.

Quest Resource Company Profile

Quest Resource Holding Corporation provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. It offers 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.

Further Reading: What is Cost of Goods Sold (COGS)?

Earnings History for Quest Resource (NASDAQ:QRHC)

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