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A number of stocks traded up in the afternoon session after Treasury yields eased and crude oil prices fell amid U.S. and Iranian talks on reopening the Strait of Hormuz.
Stocks trading in the $1-10 range are generally smaller players with less risk than their penny stock counterparts. But that doesn’t mean the underlying businesses are cheap, and we advise caution as many have questionable fundamentals.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the industry’s six-month return of 4.5% has fallen short of the S&P 500’s 14% rise.
Over the last six months, Quest Resource’s shares have sunk to $1.37, producing a disappointing 13.3% loss - a stark contrast to the S&P 500’s 12.7% gain. This might have investors contemplating their next move.
Even if a company is profitable, it doesn’t always mean it’s a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
Wrapping up Q2 earnings, we look at the numbers and key takeaways for the waste management stocks, including Quest Resource (NASDAQ:QRHC) and its peers.
Quest Resource’s second quarter saw notable revenue growth and a positive market response, driven by ongoing expansion in non-industrial markets and improved customer diversification. Management cited contributions from recent customer wins, especially in food service, retail, and automotive sectors, as key drivers. CEO Perry Moss emphasized, “We returned to top-line revenue and adjusted EBITDA growth compared to both the prior year and the prior quarter,” highlighting the benefit of wallet shar
Waste and recycling services provider Quest Resource (NASDAQ:QRHC) announced better-than-expected revenue in Q2 CY2026, with sales up 7.6% year on year to $64.07 million. Its GAAP loss of $0.57 per share was significantly below analysts’ consensus estimates.
A number of stocks jumped in the after-market session after the July jobs report showed an unexpected loss of 23,000 jobs, signaling a cooling labor market. Economists had forecast a gain of around 80,000 nonfarm payrolls. According to the U.S. Bureau of Labor Statistics, the unemployment rate held steady at 4.1%. This weaker-than-expected data led investors to bet on the possibility of an interest rate cut by the Federal Reserve. The logic, often described as "bad news is good news" for the mar
Moby summary of Quest Resource Holding Corporation's Q2 2026 earnings call
Quest Resource Holding Corp (QRHC) reports 8% revenue growth in Q2 2026, driven by non-industrial wins and improved operational efficiency, despite margin pressures and a non-cash impairment charge.
Waste and recycling services provider Quest Resource (NASDAQ:QRHC) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 7.6% year on year to $64.07 million. Its GAAP loss of $0.57 per share was significantly below analysts’ consensus estimates.
Revenue of $64.1 million increased 7.6% compared to the prior year period Secured four new share-of-wallet wins, including a significant share-of-wallet win with a large national automotive parts retailer Productivity initiatives drove an 11% reduction in SG&A compared to the prior year period Strong operating cash flow of $4.5 million facilitated the voluntary reduction of $2.0 million of term debt, bringing year-to-date voluntary debt reduction to $4.0 million IRVING, Texas, Aug. 06, 2026 (GLO
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