In last trading session, SelectQuote Inc (NYSE:SLQT) saw 0.4 million shares changing hands with its beta currently measuring 0.71. Company’s recent per share price level of $1.71 trading at -$0.08 or -4.47% at ring of the bell on the day assigns it a market valuation of $288.97M. That closing price of SLQT’s stock is at a discount of -39.77% from its 52-week high price of $2.39 and is indicating a premium of 49.71% from its 52-week low price of $0.86. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.7 million shares which gives us an average trading volume of 814.27K if we extend that period to 3-months.
SelectQuote Inc (NYSE:SLQT) trade information
Upright in the red during last session for losing -4.47%, in the last five days SLQT remained trading in the red while hitting it’s week-highest on Monday, 04/08/24 when the stock touched $1.71 price level, adding 15.35% to its value on the day. SelectQuote Inc’s shares saw a change of 24.82% in year-to-date performance and have moved -13.64% in past 5-day. SelectQuote Inc (NYSE:SLQT) showed a performance of -1.72% in past 30-days. Number of shares sold short was 0.62 million shares which calculate 0.83 days to cover the short interests.
SelectQuote Inc (SLQT) estimates and forecasts
Statistics highlight that SelectQuote Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 43.70% of value to its shares in past 6 months, showing an annual growth rate of 27.59% while that of industry is 13.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -50.00% in the current quarter and calculating 48.30% increase in the next quarter. This year revenue growth is estimated to rise 26.10% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $339.7 million for the same. And 2 analysts are in estimates of company making revenue of $287.05 million in the next quarter that will end on Jun 2024.
In 2024, company’s earnings growth rate is likely to be around 42.86% while estimates for its earnings growth in next 5 years are of -9.70%.
SLQT Dividends
SelectQuote Inc is more likely to be releasing its next quarterly report in May and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
SelectQuote Inc (NYSE:SLQT)’s Major holders
Insiders are in possession of 10.25% of company’s total shares while institution are holding 45.57 percent of that, with stock having share float percentage of 50.77%. Investors also watch the number of corporate investors in a company very closely, which is 45.57% institutions for SelectQuote Inc that are currently holding shares of the company. Brookside Equity Partners, LLC is the top institutional holder at SLQT for having 17.68 million shares of worth $34.47 million. And as of Jun 29, 2023, it was holding 10.54% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 10.09 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 6.02% of outstanding shares, having a total worth of $19.67 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 4.32 million shares of worth $8.43 million or 2.58% of the total outstanding shares. The later fund manager was in possession of 3.2 million shares on Aug 30, 2023, making its stake of worth around $3.91 million in the company or a holder of 1.91% of company’s stock.
