The restructuring of one of Quinstreet's long held clients, Dream Center Education Holdings, seems to have brought the price down this far to $13.16. However, revenue in other verticals including insurance, credit cards, personal loans, banking, and home services grew at double and triple digits YOY. Earnings estimates reflect this optimism with 0.16 and 0.19 projected for 2019 Q1 and Q2 respectively. Lowest analyst price target at $19.00; it appears to be an undervalued situation. The MACD indicator shows a coming upturn is price to correct the recent bearish rally. It is noted that the price will be news sensitive. Positive news will likely motivate this correction, while bad news is likely to send the stock sideways or into another bearish rally down to $12.00 before Q1 results prompt revaluation.
Earnings link below
Earnings link below