Quest Resource (QRHC) Stock Forecast, Price Target & Predictions


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QRHC Stock Forecast


Quest Resource stock forecast is as follows: an average price target of $13.00 (represents a 82.58% upside from QRHC’s last price of $7.12) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

QRHC Price Target


The average price target for Quest Resource (QRHC) is $13.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $13.00. This represents a potential 82.58% upside from QRHC's last price of $7.12.

QRHC Analyst Ratings


Buy

According to 1 Wall Street analysts, Quest Resource's rating consensus is 'Buy'. The analyst rating breakdown for QRHC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Quest Resource Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 09, 2024Aaron SpychallaCraig-Hallum$13.00$7.8465.91%82.58%
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The latest Quest Resource stock forecast, released on Aug 09, 2024 by Aaron Spychalla from Craig-Hallum, set a price target of $13.00, which represents a 65.91% increase from the stock price at the time of the forecast ($7.84), and a 82.58% increase from QRHC last price ($7.12).

Quest Resource Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$13.00
Last Closing Price$7.12$7.12$7.12
Upside/Downside-100.00%-100.00%82.58%

In the current month, the average price target of Quest Resource stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Quest Resource's last price of $7.12. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 09, 2024Craig-HallumBuyBuyHold
May 10, 2024Craig-HallumBuyBuyHold
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Quest Resource's last stock rating was published by Craig-Hallum on Aug 09, 2024. The company gave QRHC a "Buy" rating, the same as its previous rate.

Quest Resource Financial Forecast


Quest Resource Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$69.34M$70.43M-$74.11M$62.25M$73.36M$76.90M$71.52M$46.39M$37.37M$36.86M$35.10M$27.66M$23.70M$21.97M$25.33M$22.96M$23.93M$25.45M$26.65M$24.70M$42.54M
Avg Forecast$83.12M$83.05M$80.83M$77.48M$73.65M$77.10M$76.70M$72.60M$73.07M$77.66M$75.42M$71.57M$70.98M$74.27M$71.31M$60.50M$39.84M$37.41M$29.61M$28.07M$24.18M$22.95M$20.88M$23.04M$24.35M$25.70M$28.16M$26.49M$24.70M$32.72M
High Forecast$84.25M$84.17M$81.93M$78.53M$74.67M$78.15M$77.74M$73.58M$73.66M$77.66M$76.44M$72.54M$71.94M$74.27M$71.31M$60.50M$39.84M$37.41M$29.61M$28.07M$24.18M$22.95M$20.88M$23.04M$24.35M$25.70M$28.16M$26.49M$29.64M$39.27M
Low Forecast$82.09M$82.02M$79.83M$76.52M$72.63M$76.14M$75.75M$71.70M$72.48M$77.66M$74.48M$70.68M$70.10M$74.27M$71.31M$60.50M$39.84M$37.41M$29.61M$28.07M$24.18M$22.95M$20.88M$23.04M$24.35M$25.70M$28.16M$26.49M$19.76M$26.18M
# Analysts1111211121111111111113779861061413
Surprise %--------0.95%0.91%-1.04%0.88%0.99%1.08%1.18%1.16%1.00%1.24%1.25%1.14%1.03%1.05%1.10%0.94%0.93%0.90%1.01%1.00%1.30%

Quest Resource's average Quarter revenue forecast for Mar 24 based on 1 analysts is $72.60M, with a low forecast of $71.70M, and a high forecast of $73.58M. QRHC's average Quarter revenue forecast represents a 4.70% increase compared to the company's last Quarter revenue of $69.34M (Dec 23).

Quest Resource EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1111211121111111111113779861061413
EBITDA--------$2.84M$-2.01M-$3.21M$932.00K$2.93M$5.45M$1.98M$1.58M$1.62M$1.82M$2.25M$1.18M$441.77K$1.67M$147.49K$522.31K$574.66K$538.17K$362.11K$-158.64K$-753.27K
Avg Forecast$3.12M$3.12M$3.04M$2.91M$2.77M$2.90M$2.88M$2.73M$2.74M$2.92M$2.83M$2.69M$2.67M$2.79M$2.68M$10.08M$1.50M$1.41M$1.82M$1.05M$908.01K$862.04K$784.25K$147.49K$914.53K$965.02K$1.06M$488.85K$-158.64K$-527.29K
High Forecast$3.16M$3.16M$3.08M$2.95M$2.80M$2.93M$2.92M$2.76M$2.77M$2.92M$2.87M$2.72M$2.70M$2.79M$2.68M$12.09M$1.50M$1.41M$2.19M$1.05M$908.01K$862.04K$784.25K$176.99K$914.53K$965.02K$1.06M$586.62K$-126.91K$-421.83K
Low Forecast$3.08M$3.08M$3.00M$2.87M$2.73M$2.86M$2.84M$2.69M$2.72M$2.92M$2.80M$2.65M$2.63M$2.79M$2.68M$8.06M$1.50M$1.41M$1.46M$1.05M$908.01K$862.04K$784.25K$117.99K$914.53K$965.02K$1.06M$391.08K$-190.36K$-632.75K
Surprise %--------1.03%-0.69%-1.20%0.35%1.05%2.03%0.20%1.06%1.15%1.00%2.13%1.30%0.51%2.13%1.00%0.57%0.60%0.51%0.74%1.00%1.43%

1 analysts predict QRHC's average Quarter EBITDA for Mar 24 to be $2.73M, with a high of $2.76M and a low of $2.69M. This is -3.96% lower than Quest Resource's previous annual EBITDA (Dec 23) of $2.84M.

Quest Resource Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1111211121111111111113779861061413
Net Income--------$-2.33M$-2.05M-$-2.02M$-3.33M$-1.69M$1.15M$-2.18M$-540.75K$385.76K$699.31K$1.15M$123.62K$-66.59K$1.21M$-231.67K$34.41K$47.00K$27.10K$-163.75K$-1.31M$-1.91M
Avg Forecast$2.27M$2.27M$1.86M$1.45M$551.09K$1.72M$1.86M$1.03M$1.31M$1.93M$1.52M$826.63K$1.45M$2.05M$1.13M$-11.14M$-751.94K$615.22K$699.30K-$205.07K$102.54K$-922.83K$-231.67K$102.54K-$-205.07K$-221.06K$-1.31M$-1.34M
High Forecast$2.31M$2.31M$1.89M$1.47M$619.98K$1.76M$1.89M$1.05M$1.57M$1.93M$1.54M$841.19K$1.47M$2.05M$1.13M$-8.91M$-751.94K$615.22K$839.17K-$205.07K$102.54K$-922.83K$-185.33K$102.54K-$-205.07K$-176.85K$-1.05M$-1.07M
Low Forecast$2.24M$2.24M$1.83M$1.42M$482.20K$1.69M$1.83M$1.02M$785.29K$1.93M$1.49M$813.27K$1.42M$2.05M$1.13M$-13.37M$-751.94K$615.22K$559.44K-$205.07K$102.54K$-922.83K$-278.00K$102.54K-$-205.07K$-265.28K$-1.58M$-1.60M
Surprise %---------1.78%-1.06%--2.45%-2.30%-0.82%1.02%0.20%0.72%0.63%1.00%-0.60%-0.65%-1.31%1.00%0.34%--0.13%0.74%1.00%1.43%

Quest Resource's average Quarter net income forecast for Sep 22 is $2.05M, with a range of $2.05M to $2.05M. QRHC's average Quarter net income forecast represents a 78.29% increase compared to the company's last Quarter net income of $1.15M (Jun 22).

Quest Resource SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1111211121111111111113779861061413
SG&A--------$8.77M$9.62M-$9.42M$9.82M$9.33M$9.30M$9.34M$7.10M$5.31M$5.06M$4.26M$4.46M$4.29M$3.98M$4.41M$4.15M$4.22M$4.23M$4.21M$3.75M$4.98M
Avg Forecast$12.30M$12.29M$11.96M$11.47M$10.90M$11.41M$11.35M$10.75M$10.82M$11.50M$11.16M$10.59M$10.51M$10.99M$10.56M$47.66M$5.90M$5.54M$5.06M$4.15M$3.58M$3.40M$3.09M$4.74M$3.60M$3.80M$4.17M$6.13M$4.74M$4.19M
High Forecast$12.47M$12.46M$12.13M$11.62M$11.05M$11.57M$11.51M$10.89M$10.90M$11.50M$11.31M$10.74M$10.65M$10.99M$10.56M$57.19M$5.90M$5.54M$6.07M$4.15M$3.58M$3.40M$3.09M$5.69M$3.60M$3.80M$4.17M$7.35M$5.68M$5.02M
Low Forecast$12.15M$12.14M$11.82M$11.33M$10.75M$11.27M$11.21M$10.61M$10.73M$11.50M$11.02M$10.46M$10.38M$10.99M$10.56M$38.13M$5.90M$5.54M$4.05M$4.15M$3.58M$3.40M$3.09M$3.79M$3.60M$3.80M$4.17M$4.90M$3.79M$3.35M
Surprise %--------0.81%0.84%-0.89%0.94%0.85%0.88%0.20%1.20%0.96%1.00%1.03%1.25%1.26%1.29%0.93%1.15%1.11%1.01%0.69%0.79%1.19%

Quest Resource's average Quarter SG&A projection for Mar 24 is $10.75M, based on 1 Wall Street analysts, with a range of $10.61M to $10.89M. The forecast indicates a 22.50% rise compared to QRHC last annual SG&A of $8.77M (Dec 23).

Quest Resource EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts1111211121111111111113779861061413
EPS--------$-0.11$-0.10-$-0.10$-0.17$-0.09$0.06$-0.11$-0.03$0.02$0.04$0.06$0.01$-0.02$0.08$-0.02---$-0.01$-0.09$-0.13
Avg Forecast$0.11$0.11$0.09$0.07$0.03$0.08$0.09$0.05$0.06$0.09$0.07$0.04$0.07$0.10$0.06$0.06$-0.04$0.03$0.01-$0.01$0.01$-0.04$-0.02$0.01-$-0.01$-0.03$-0.09$-0.07
High Forecast$0.11$0.11$0.09$0.07$0.03$0.08$0.09$0.05$0.08$0.09$0.07$0.04$0.07$0.10$0.06$0.06$-0.04$0.03$0.01-$0.01$0.01$-0.04$-0.02$0.01-$-0.01$-0.03$-0.07$-0.06
Low Forecast$0.11$0.11$0.09$0.07$0.02$0.08$0.09$0.05$0.04$0.09$0.07$0.04$0.07$0.10$0.06$0.06$-0.04$0.03$0.01-$0.01$0.01$-0.04$-0.02$0.01-$-0.01$-0.03$-0.11$-0.08
Surprise %---------1.74%-1.07%--2.50%-2.43%-0.87%1.09%-1.83%0.77%0.67%8.00%-1.00%-4.00%-1.78%1.00%0.46%--0.18%0.43%1.04%1.86%

According to 1 Wall Street analysts, Quest Resource's projected average Quarter EPS for Sep 22 is $0.10, with a low estimate of $0.10 and a high estimate of $0.10. This represents a 66.67% increase compared to QRHC previous annual EPS of $0.06 (Jun 22).

Quest Resource Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MEGMontrose Environmental Group$22.00$49.33124.23%Buy
QRHCQuest Resource$7.12$13.0082.58%Buy
CWSTCasella Waste Systems$109.88$119.258.53%Buy
SRCLStericycle$61.98$56.33-9.12%Hold
WCNWaste Connections$187.50$166.88-11.00%Buy
CLHClean Harbors$259.09$205.38-20.73%Buy

QRHC Forecast FAQ


Is Quest Resource a good buy?

Yes, according to 1 Wall Street analysts, Quest Resource (QRHC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of QRHC's total ratings.

What is QRHC's price target?

Quest Resource (QRHC) average price target is $13 with a range of $13 to $13, implying a 82.58% from its last price of $7.12. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Quest Resource stock go up soon?

According to Wall Street analysts' prediction for QRHC stock, the company can go up by 82.58% (from the last price of $7.12 to the average price target of $13), up by 82.58% based on the highest stock price target, and up by 82.58% based on the lowest stock price target.

Can Quest Resource stock reach $11?

QRHC's average twelve months analyst stock price target of $13 supports the claim that Quest Resource can reach $11 in the near future.

What are Quest Resource's analysts' financial forecasts?

Quest Resource's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $300.05M (high $304.14M, low $296.21M), average EBITDA is $11.27M (high $11.42M, low $11.12M), average net income is $5.17M (high $5.32M, low $5.02M), average SG&A $44.41M (high $45.02M, low $43.85M), and average EPS is $0.25 (high $0.257, low $0.243). QRHC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $324.48M (high $328.88M, low $320.45M), average EBITDA is $12.19M (high $12.35M, low $12.03M), average net income is $7.85M (high $7.99M, low $7.73M), average SG&A $48.03M (high $48.68M, low $47.43M), and average EPS is $0.38 (high $0.387, low $0.374).

Did the QRHC's actual financial results beat the analysts' financial forecasts?

Based on Quest Resource's last annual report (Dec 2023), the company's revenue was $288.38M, which missed the average analysts forecast of $297.72M by -3.14%. Apple's EBITDA was $14.73M, beating the average prediction of $11.18M by 31.75%. The company's net income was $-7.291M, missing the average estimation of $5.58M by -230.67%. Apple's SG&A was $35.71M, missing the average forecast of $44.07M by -18.96%. Lastly, the company's EPS was $-0.36, missing the average prediction of $0.27 by -233.33%. In terms of the last quarterly report (Dec 2023), Quest Resource's revenue was $69.34M, missing the average analysts' forecast of $73.07M by -5.10%. The company's EBITDA was $2.84M, beating the average prediction of $2.74M by 3.45%. Quest Resource's net income was $-2.33M, missing the average estimation of $1.31M by -278.02%. The company's SG&A was $8.77M, missing the average forecast of $10.82M by -18.89%. Lastly, the company's EPS was $-0.11, missing the average prediction of $0.0633 by -273.69%