Quest Resource Holding Stock Beta
| QRHC Stock | USD 7.18 0.13 1.84% |
Quest Resource Holding fundamentals help investors to digest information that contributes to Quest Resource's financial success or failures. It also enables traders to predict the movement of Quest Stock. The fundamental analysis module provides a way to measure Quest Resource's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Quest Resource stock.
Quest | Beta |
Quest Resource Holding Company Beta Analysis
Quest Resource's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Quest Resource Beta | 0.66 |
Most of Quest Resource's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Quest Resource Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Quest Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Quest Resource is extremely important. It helps to project a fair market value of Quest Stock properly, considering its historical fundamentals such as Beta. Since Quest Resource's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Quest Resource's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Quest Resource's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Quest Resource Holding has a Beta of 0.662. This is 51.68% lower than that of the Commercial Services & Supplies sector and 40.89% lower than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Quest Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quest Resource's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Quest Resource could also be used in its relative valuation, which is a method of valuing Quest Resource by comparing valuation metrics of similar companies.Quest Resource is currently under evaluation in beta category among its peers.
Quest Resource Current Valuation Drivers
We derive many important indicators used in calculating different scores of Quest Resource from analyzing Quest Resource's financial statements. These drivers represent accounts that assess Quest Resource's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Quest Resource's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 33.5M | 38.5M | 131.1M | 119.0M | 147.5M | 154.9M | |
| Enterprise Value | 34.6M | 46.5M | 186.4M | 181.2M | 214.7M | 225.5M |
Quest Resource ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Quest Resource's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Quest Resource's managers, analysts, and investors.Environmental | Governance | Social |
Quest Resource Institutional Holders
Institutional Holdings refers to the ownership stake in Quest Resource that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Quest Resource's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Quest Resource's value.| Shares | Kennedy Capital Management Inc | 2024-09-30 | 182.9 K | State Street Corp | 2024-06-30 | 171.1 K | Arnhold & S. Bleichroeder Advisers, Llc | 2024-09-30 | 155.8 K | North Star Investment Management Corp | 2024-09-30 | 152.9 K | Northern Trust Corp | 2024-09-30 | 127.4 K | Perritt Capital Management Inc. | 2024-09-30 | 127.3 K | Victory Capital Management Inc. | 2024-09-30 | 115 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 64.2 K | Prescott Group Capital Management Llc | 2024-09-30 | 60 K | Wynnefield Capital Inc | 2024-09-30 | 2.7 M | Vanguard Group Inc | 2024-09-30 | 926 K |
As returns on the market increase, Quest Resource's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quest Resource is expected to be smaller as well.
Quest Fundamentals
| Return On Equity | -0.12 | ||||
| Return On Asset | 0.0146 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 221.14 M | ||||
| Shares Outstanding | 20.59 M | ||||
| Shares Owned By Insiders | 27.80 % | ||||
| Shares Owned By Institutions | 44.28 % | ||||
| Number Of Shares Shorted | 274.78 K | ||||
| Price To Earning | 139.00 X | ||||
| Price To Book | 2.35 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 288.38 M | ||||
| Gross Profit | 48.86 M | ||||
| EBITDA | 13.11 M | ||||
| Net Income | (7.29 M) | ||||
| Cash And Equivalents | 7.09 M | ||||
| Cash Per Share | 0.36 X | ||||
| Total Debt | 67.57 M | ||||
| Debt To Equity | 1.02 % | ||||
| Current Ratio | 1.50 X | ||||
| Book Value Per Share | 3.07 X | ||||
| Cash Flow From Operations | (1.36 M) | ||||
| Short Ratio | 6.99 X | ||||
| Earnings Per Share | (0.38) X | ||||
| Price To Earnings To Growth | 1.23 X | ||||
| Target Price | 11.17 | ||||
| Number Of Employees | 195 | ||||
| Beta | 0.66 | ||||
| Market Capitalization | 147.82 M | ||||
| Total Asset | 177.12 M | ||||
| Retained Earnings | (110.05 M) | ||||
| Working Capital | 15.69 M | ||||
| Current Asset | 37.24 M | ||||
| Current Liabilities | 35.18 M | ||||
| Net Asset | 177.12 M |
About Quest Resource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quest Resource Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quest Resource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quest Resource Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Quest Resource Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quest Resource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quest Resource Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quest Resource Holding Stock:Check out Quest Resource Piotroski F Score and Quest Resource Altman Z Score analysis. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quest Resource. If investors know Quest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quest Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.667 | Earnings Share (0.38) | Revenue Per Share 14.016 | Quarterly Revenue Growth 0.033 | Return On Assets 0.0146 |
The market value of Quest Resource Holding is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Resource's value that differs from its market value or its book value, called intrinsic value, which is Quest Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quest Resource's market value can be influenced by many factors that don't directly affect Quest Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quest Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.