In last trading session, SelectQuote Inc (NYSE:SLQT) saw 0.67 million shares changing hands with its beta currently measuring 1.11. Company’s recent per share price level of $3.27 trading at -$0.18 or -5.22% at ring of the bell on the day assigns it a market valuation of $553.15M. That closing price of SLQT’s stock is at a discount of -36.39% from its 52-week high price of $4.46 and is indicating a premium of 68.5% from its 52-week low price of $1.03. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.02 million shares which gives us an average trading volume of 961.64K if we extend that period to 3-months.
For SelectQuote Inc (SLQT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.15 in the current quarter.
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SelectQuote Inc (NYSE:SLQT) trade information
Upright in the red during last session for losing -5.22%, in the last five days SLQT remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $3.27 price level, adding 22.14% to its value on the day. SelectQuote Inc’s shares saw a change of 138.69% in year-to-date performance and have moved -20.44% in past 5-day. SelectQuote Inc (NYSE:SLQT) showed a performance of 4.14% in past 30-days. Number of shares sold short was 1.1 million shares which calculate 0.93 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -63.5% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would jump 54.13% in reaching the projected high whereas dropping to the targeted low would mean a gain of 54.13% for stock’s current value.
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 85.80% of value to its shares in past 6 months, showing an annual growth rate of 27.59% while that of industry is 11.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 28.40% 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 272.95M for the same. And 2 analysts are in estimates of company making revenue of 267.45M in the next quarter. Company posted 221.78M and 203.5M of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around 50.00% while estimates for its earnings growth in next 5 years are of -9.70%.
SelectQuote Inc (NYSE:SLQT)’s Major holders
Insiders are in possession of 10.73% of company’s total shares while institution are holding 46.50 percent of that, with stock having share float percentage of 52.08%. Investors also watch the number of corporate investors in a company very closely, which is 46.50% institutions for SelectQuote Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SLQT for having 10.03 million shares of worth $27.67 million. And as of 2024-06-30, it was holding 5.9307 of the company’s outstanding shares.
The second largest institutional holder is ABRAMS BISON INVESTMENTS, LLC, which was holding about 7.91 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.679 of outstanding shares, having a total worth of $21.83 million.
