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Quest Resource ( (QRHC) ) has provided an update.
Quest Resource Holding Corporation has released an updated investor presentation, replacing previous versions, to provide insights into its strategic focus and financial performance. The company emphasizes its transformation towards offering complex, differentiated services to high-value clients, resulting in improved business profiles and revenue growth. Quest highlights its commitment to sustainability and regulatory compliance, addressing key challenges in waste management and recycling. The company reports a significant compound annual growth rate in gross profit and revenue, driven by organic growth and disciplined mergers and acquisitions, while also noting the importance of non-GAAP financial measures for evaluating performance.
The most recent analyst rating on (QRHC) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Quest Resource stock, see the QRHC Stock Forecast page.
Spark’s Take on QRHC Stock
According to Spark, TipRanks’ AI Analyst, QRHC is a Neutral.
Quest Resource’s overall stock score reflects significant financial challenges, including declining revenue and high leverage. While there are positive signs of operational improvements and cash generation, the ongoing profitability issues and valuation concerns weigh heavily on the score. Technical analysis provides mixed signals, and the earnings call indicates some progress but also highlights persistent challenges.
To see Spark’s full report on QRHC stock, click here.
More about Quest Resource
Quest Resource Holding Corporation is a national provider of waste and recycling solutions headquartered in Dallas, Texas. The company serves large businesses across multiple industries, including grocery, retail, automotive, restaurant, industrial, and construction, with a focus on complex waste streams. Quest’s offerings help clients meet business efficiency, sustainability, and ESG goals, and the company operates with a nationwide footprint in the $200 billion North American waste and recycling industry.
Average Trading Volume: 397,874
Technical Sentiment Signal: Sell
Current Market Cap: $29.43M
For detailed information about QRHC stock, go to TipRanks’ Stock Analysis page.