In the last trading session, 1,070,000,000 shares of the SelectQuote, Inc. (NYSE:SLQT) were traded, and its beta was 0. Most recently the company’s share price was $32.28, and it changed around $1.26 or 0.04% from the last close, which brings the market valuation of the company to $5.27 Billion. SLQT currently trades at a discount to its 52-week high of $32.55, offering almost -0.84% off that amount. The share price’s 52-week low was $15.76, which indicates that the current value has risen by an impressive 51.18% since then. We note from SelectQuote, Inc.’s average daily trading volume that its 10-day average is 1.1 Million shares, with the 3-month average coming to 2.24 Million.
SelectQuote, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 2.1. If we narrow it down even further, the data shows that none out of 11 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 2 recommended SLQT as a Hold, whereas 9 deemed it a Buy, and no one rated it as Underweight. SelectQuote, Inc. is expected to report earnings per share of $0.24 for the current quarter.
SelectQuote, Inc. (NYSE:SLQT): Trading Information
Instantly SLQT has showed a green trend with a performance of 4.06% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $32.50 on Tuesday, Apr 06 increased the stock’s daily price by 0.68%. The company’s shares are currently up 0.56% year-to-date, but still up 0.1747 over the last five days. On the other hand, SelectQuote, Inc. (NYSE:SLQT) is 0.22% up in the 30-day period. We can see from the shorts that 3.97 Million shares have been sold at a short interest cover period of 1.77 day (s).
The consensus price target as assigned by Wall Street analysts is $33.91, which translates to bears needing to increase their stock price by 5.05% from its current value. Analyst projections state that SLQT is forecast to be at a low of $27 and a high of $39. In order for the stock price to hit the forecast high, the stock would need to surge +20.82% from its current level, while the stock would need to crash -16.36% from its current level to reach the projected low.
SelectQuote, Inc. (SLQT) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. SelectQuote, Inc. earnings are expected to decrease by -126.6% in 2021, but the outlook is positive 36.67% per year for the next five years.
SelectQuote, Inc. (NYSE:SLQT)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 25.87% of SelectQuote, Inc. shares, and 60.99% of them are in the hands of institutional investors. The stock currently has a share float of 82.28%. SelectQuote, Inc. stock is held by 205 institutions, with Brookside Equity Partners, LLC being the largest institutional investor. By Dec 30, 2020, it held 13.79% of the shares, which is about 22.48 Million shares worth $466.54 Million.
JP Morgan Chase & Company, with 5.42% or 8.84 Million shares worth $183.45 Million as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 30, 2020. The former held 3181162 shares worth $66.01 Million, making up 1.95% of all outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held roughly 2.7 Million shares worth around $55.95 Million, which represents about 1.65% of the total shares outstanding.