Quest Resource Holding Corp logo

Quest Resource Holding Corp(QRHC)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
1-STAR RATING
WEAK BUY
BUY for 28 days
PROFIT SINCE LAST BUY
+0.72%
LAST CLOSE
$1.4
09/18/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Advisory Performance History (Simulated)Advisory Performance History info

Upturn Advisory & Investor View for QRHC

09/18/2026: QRHC (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Quest Resource Holding Corp is a specialized, asset-light provider of waste management and recycling solutions primarily for large, multi-site enterprise clients. The company’s primary strength lies in its tech-enabled platform, which allows it to manage complex waste streams across the country without the need for high capital expenditures on heavy equipment. Its investment story centers on capturing the growing corporate demand for sustainability and waste diversion. However, the company faces notable risks from larger, well-capitalized industry incumbents and its reliance on a network of third-party vendors. The stock may best suit growth-oriented investors looking for exposure to environmental trends and monitoring developments in contract retention and margin performance.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fit while signal remains positiveThe company is expanding its footprint in the high-demand environmental and waste diversion space.
Momentum investorMixed fitThis is a conditional fit depending on positive technical price trends and sustained revenue growth.
Value investorMixed fitValuation is often tied to growth potential rather than deep-value asset backing.
Dividend investorWeak fitThe company does not currently pay a dividend, prioritizing capital allocation for expansion.
Low-risk investorWeak fitThe stock exhibits volatility consistent with smaller-cap growth stocks in the environmental sector.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock can experience significant price swings based on market sentiment and growth execution.
Valuation riskMedium / highGrowth expectations are already priced in, making the stock sensitive to earnings misses.
Competition risk (Major integrated waste firms)HighLarge competitors like WM and RSG can leverage their size to undercut or bundle competing services.
Business qualityMediumWhile the asset-light model is efficient, reliance on third-party vendors limits direct operational control.
Dividend incomeLow / noneThere is no dividend income to provide a cushion during market downturns.
Execution riskMedium / highSuccess depends on managing a complex network of vendors and maintaining customer retention.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit 17.65%
Avg. Invested days 29
Today’s Advisory WEAK BUY
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/18/2026

Upturn Scorecard

Upturn Star Rating

QRHC receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

QRHC has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: slightly negative earnings growth (-2.1%), soft cash generation (FCF margin 3.7%), negative revenue growth (-13.3%).

Financial Health Rating

QRHC's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 8.0%). Profitability is weak (1 stars), which helps explain the 3-star overall score.

Growth Momentum Score

Free-cash-flow growth is QRHC's strongest growth driver at +177.2% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (-13.3%, negative) and earnings growth (-2.1%, slightly negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 31.9% and approximately 61.4% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 36.66% supports management-shareholder alignment.

Top 5 Institutional Investors

Wynnefield Capital Inc 12.96%
Veradace Capital Management LLC 5.96%
Vanguard Capital Management, LLC 3.26%
LPL Financial Corp 1.63%
Mink Brook Asset Management LLC 1.40%

Unit Economics (Per $1K Revenue)

QRHC generates approximately $149 of gross profit, $-1 of operating income, and $37 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: -0.10% (Tax Credit)

Quantitative Style Profile

QRHC has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 29.32M USD
Price to earnings Ratio -
1Y Target Price 3.25
Price to earnings Ratio -
1Y Target Price 3.25
Volume (30-day avg) 27.5K shares
Beta 0.17
52 Weeks Range 0.81 - 2.41
Updated Date 09/18/2026
52 Weeks Range 0.81 - 2.41
Updated Date 09/18/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.82

How Company Makes Money

Business areaWhat it includesRetail investor read
Waste Management ServicesRecurring management fees from businesses for handling trash, recycling, and organic waste.The company makes money by acting as a middleman, coordinating waste pickup across many locations for large corporate clients.
Specialty Environmental ServicesManagement of hazardous or hard-to-handle items like auto fluids and tires.This is a higher-margin, specialized service area driven by regulatory compliance needs.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 9.86
Enterprise Value 90.26M
Price to Sales(TTM) 0.12
Enterprise Value 90.26M
Price to Sales(TTM) 0.12
Enterprise Value to Revenue 0.36
Enterprise Value to EBITDA 12.6
Shares Outstanding 21.09M
Shares Floating 12.96M
Shares Outstanding 21.09M
Shares Floating 12.96M
Percent Insiders 36.66
Percent Institutions 31.86

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Quest Resource Holding Corp

Exchange NASDAQ
Headquarters The Colony, TX, United States
IPO Launch date 2010-01-05
CEO -
Sector Industrials
Industry Waste Management
Full time employees 195
Full time employees 195

Quest Resource Holding Corporation, together with its subsidiaries, provides solutions for the reuse, recycling, and disposal of various waste streams and recyclables in the United States. It offers disposal and recycling services for cardboard, paper, metals, used motor oil, oil filters, scrap tires, plastics, grease, cooking oil, food waste, expired food products, glass, separator and tank cleaning, construction debris, regulated waste, batteries, mercury, lights and electronic devices, as well as regulated and non-regulated solid, liquid, and gas wastes. The company also provides antifreeze and windshield washer fluid; dumpster and compacting equipment; and other minor ancillary services. The company's services focus on the waste streams and recyclables from big box retailers, including grocers, and other specialty retailers; transportation, logistics, and fleet operators; manufacturing and industrial facilities; automotive after-market operations, such as automotive maintenance, quick lube, dealerships, and collision repair; multifamily and commercial properties; restaurant chains and food operations; and construction and demolition projects. It markets its services to automotive; industrial/manufacturing; distribution and logistics; hospitality and retail; property management; healthcare; and construction and demolition through direct sales force and strategic partnerships. The company was formerly known as Infinity Resources Holdings Corp. and changed its name to Quest Resource Holding Corporation in October 2013. Quest Resource Holding Corporation is headquartered in The Colony, Texas.