Quest Resource (QRHC) Stock Forecast, Price Target & Predictions
QRHC Stock Forecast
Quest Resource stock forecast is as follows: an average price target of $13.00 (represents a 48.06% upside from QRHC’s last price of $8.78) 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 48.06% upside from QRHC's last price of $8.78.
QRHC Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 09, 2024 | Aaron Spychalla | Craig-Hallum | $13.00 | $7.84 | 65.91% | 48.06% |
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 48.06% increase from QRHC last price ($8.78).
Quest Resource Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $13.00 | $13.00 |
| Last Closing Price | $8.78 | $8.78 | $8.78 |
| Upside/Downside | -100.00% | 48.06% | 48.06% |
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 $8.78. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 09, 2024 | Craig-Hallum | Buy | Buy | Hold |
| May 10, 2024 | Craig-Hallum | Buy | Buy | Hold |
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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 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 | $86.30M | $88.51M | $84.68M | $76.09M | $76.27M | $77.09M | $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 | $86.41M | $88.63M | $84.79M | $76.19M | $76.37M | $77.19M | $76.80M | $72.69M | $73.66M | $77.77M | $75.52M | $71.66M | $71.07M | $74.36M | $71.36M | $60.54M | $39.87M | $37.44M | $29.63M | $28.09M | $24.19M | $22.97M | $20.90M | $23.05M | $24.37M | $25.71M | $28.18M | $26.51M | $29.64M | $39.27M |
| Low Forecast | $86.18M | $88.40M | $84.57M | $76.00M | $76.17M | $76.99M | $76.60M | $72.51M | $72.48M | $77.56M | $75.32M | $71.48M | $70.89M | $74.17M | $71.27M | $60.46M | $39.81M | $37.39M | $29.59M | $28.05M | $24.16M | $22.94M | $20.87M | $23.02M | $24.34M | $25.68M | $28.14M | $26.47M | $19.76M | $26.18M |
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| 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 $72.51M, and a high forecast of $72.69M. 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 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| 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 | $3.24M | $3.32M | $3.18M | $2.86M | $2.86M | $2.89M | $2.88M | $2.73M | $2.74M | $2.92M | $2.83M | $2.69M | $2.67M | $434.69K | $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 | $3.25M | $3.33M | $3.18M | $2.86M | $2.87M | $2.90M | $2.88M | $2.73M | $2.77M | $2.92M | $2.84M | $2.69M | $2.67M | $521.63K | $2.68M | $12.09M | $1.50M | $1.41M | $2.19M | $1.05M | $908.60K | $862.60K | $784.76K | $176.99K | $915.12K | $965.64K | $1.06M | $586.62K | $-126.91K | $-421.83K |
| Low Forecast | $3.24M | $3.32M | $3.18M | $2.85M | $2.86M | $2.89M | $2.88M | $2.72M | $2.72M | $2.91M | $2.83M | $2.68M | $2.66M | $347.75K | $2.68M | $8.06M | $1.50M | $1.40M | $1.46M | $1.05M | $907.42K | $861.48K | $783.74K | $117.99K | $913.93K | $964.39K | $1.06M | $391.08K | $-190.36K | $-632.75K |
| Surprise % | - | - | - | - | - | - | - | - | 1.03% | -0.69% | - | 1.20% | 0.35% | 6.74% | 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 $2.73M and a low of $2.72M. This is -3.96% lower than Quest Resource's previous annual EBITDA (Dec 23) of $2.84M.
Quest Resource Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| 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 | $2.46M | $2.77M | $2.36M | $1.33M | $1.57M | $1.71M | $1.85M | $1.03M | $1.30M | $1.91M | $1.50M | $820.29K | $1.44M | $565.79K | $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 | $2.46M | $2.77M | $2.36M | $1.34M | $1.57M | $1.71M | $1.85M | $1.03M | $1.56M | $1.92M | $1.51M | $821.67K | $1.44M | $678.94K | $1.13M | $-8.91M | $-751.30K | $615.74K | $839.17K | - | $205.25K | $102.62K | $-922.05K | $-185.33K | $102.62K | - | $-204.90K | $-176.85K | $-1.05M | $-1.07M |
| Low Forecast | $2.46M | $2.76M | $2.35M | $1.33M | $1.57M | $1.71M | $1.84M | $1.02M | $779.27K | $1.91M | $1.50M | $818.91K | $1.43M | $452.63K | $1.13M | $-13.37M | $-752.57K | $614.70K | $559.44K | - | $204.90K | $102.45K | $-923.60K | $-278.00K | $102.45K | - | $-205.25K | $-265.28K | $-1.58M | $-1.60M |
| Surprise % | - | - | - | - | - | - | - | - | -1.79% | -1.07% | - | -2.47% | -2.32% | -2.98% | 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 $565.79K, with a range of $452.63K to $678.94K. QRHC's average Quarter net income forecast represents a -50.81% decrease compared to the company's last Quarter net income of $1.15M (Jun 22).
Quest Resource SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| 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 | $12.77M | $13.10M | $12.53M | $11.26M | $11.29M | $11.41M | $11.35M | $10.75M | $10.82M | $11.50M | $11.16M | $10.59M | $10.51M | $7.78M | $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 | $12.79M | $13.12M | $12.55M | $11.28M | $11.30M | $11.43M | $11.37M | $10.76M | $10.90M | $11.51M | $11.18M | $10.61M | $10.52M | $9.34M | $10.56M | $57.19M | $5.90M | $5.54M | $6.07M | $4.16M | $3.58M | $3.40M | $3.09M | $5.69M | $3.61M | $3.81M | $4.17M | $7.35M | $5.68M | $5.02M |
| Low Forecast | $12.76M | $13.08M | $12.52M | $11.25M | $11.27M | $11.40M | $11.34M | $10.73M | $10.73M | $11.48M | $11.15M | $10.58M | $10.49M | $6.23M | $10.55M | $38.13M | $5.89M | $5.53M | $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% | 1.20% | 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 $10.73M to $10.76M. The forecast indicates a 22.50% rise compared to QRHC last annual SG&A of $8.77M (Dec 23).
Quest Resource EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 1 | 13 | 7 | 7 | 9 | 8 | 6 | 10 | 6 | 14 | 13 |
| 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 | $0.12 | $0.14 | $0.12 | $0.07 | $0.08 | $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 | $0.12 | $0.14 | $0.12 | $0.07 | $0.08 | $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 | $-0.02 | $-0.07 | $-0.06 |
| Low Forecast | $0.12 | $0.13 | $0.11 | $0.06 | $0.08 | $0.08 | $0.09 | $0.05 | $0.04 | $0.09 | $0.07 | $0.04 | $0.07 | $0.10 | $0.05 | $0.06 | $-0.04 | $0.03 | - | - | $0.01 | - | $-0.05 | $-0.02 | - | - | $-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 0 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MEG | Montrose Environmental Group | $29.11 | $52.50 | 80.35% | Buy |
| QRHC | Quest Resource | $8.78 | $13.00 | 48.06% | Buy |
| CWST | Casella Waste Systems | $100.56 | $112.00 | 11.38% | Strong Buy |
| WCN | Waste Connections | $177.86 | $165.13 | -7.16% | Buy |
| SRCL | Stericycle | $61.70 | $56.33 | -8.70% | Hold |
| CLH | Clean Harbors | $239.83 | $197.13 | -17.80% | 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 48.06% from its last price of $8.78. 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 48.06% (from the last price of $8.78 to the average price target of $13), up by 48.06% based on the highest stock price target, and up by 48.06% based on the lowest stock price target.
Can Quest Resource stock reach $13?
QRHC's average twelve months analyst stock price target of $13 does not support the claim that Quest Resource can reach $13 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 $302.66M (high $303.05M, low $302.26M), average EBITDA is $11.37M (high $11.38M, low $11.35M), average net income is $6.15M (high $6.16M, low $6.14M), average SG&A $44.8M (high $44.86M, low $44.74M), and average EPS is $0.3 (high $0.301, low $0.299). QRHC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $335.59M (high $336.02M, low $335.15M), average EBITDA is $12.6M (high $12.62M, low $12.59M), average net income is $8.92M (high $8.94M, low $8.91M), average SG&A $49.67M (high $49.74M, low $49.61M), and average EPS is $0.435 (high $0.436, low $0.434).
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 $5.54M by -231.68%. 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 $1.3M by -279.40%. 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%