During the last session, SelectQuote Inc (NYSE:SLQT)’s traded shares were 0.34 million, with the beta value of the company hitting 1.22. At the end of the trading day, the stock’s price was $2.78, reflecting an intraday loss of -0.36% or -$0.01. The 52-week high for the SLQT share is $4.46, that puts it down -60.43 from that peak though still a striking 62.95% gain since the share price plummeted to a 52-week low of $1.03. The company’s market capitalization is $476.78M, and the average intraday trading volume over the past 10 days was 0.59 million shares, and the average trade volume was 1.42 million shares over the past three months.
SelectQuote Inc (SLQT) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.67. SLQT has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
SelectQuote Inc (NYSE:SLQT) trade information
SelectQuote Inc (SLQT) registered a -0.36% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.36% in intraday trading to $2.78, hitting a weekly high. The stock’s 5-day price performance is -7.02%, and it has moved by 9.02% in 30 days. Based on these gigs, the overall price performance for the year is 90.41%. The short interest in SelectQuote Inc (NYSE:SLQT) is 1.83 million shares and it means that shorts have 1.78 day(s) to cover.
The consensus price target of analysts on Wall Street is $2, which implies a decrease of -39.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $3 respectively. As a result, SLQT is trading at a discount of -7.91% off the target high and 46.04% off the low.
SelectQuote Inc (SLQT) estimates and forecasts
Statistics show that SelectQuote Inc has underperformed its competitors in share price, compared to the industry in which it operates. SelectQuote Inc (SLQT) shares have gone up 0.72% during the last six months, with a year-to-date growth rate less than the industry average at 0.00% against 11.00. In the rating firms’ projections, revenue will increase 10.53% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 447M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 402.33M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 405.44M and 376.4M respectively. In this case, analysts expect current quarter sales to grow by 10.25% and then jump by 6.89% in the coming quarter.
While earnings are projected to return 0.00% in 2024, the next five years will return -9.70% per annum.
SLQT Dividends
SelectQuote Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
SelectQuote Inc (NYSE:SLQT)’s Major holders
SelectQuote Inc insiders own 10.43% of total outstanding shares while institutional holders control 48.56%, with the float percentage being 54.21%. BLACKROCK INC. is the largest shareholder of the company, while 182.0 institutions own stock in it. As of 2024-06-30, the company held over 10.03 million shares (or 5.9307% of all shares), a total value of $27.67 million in shares.
The next largest institutional holding, with 7.91 million shares, is of ABRAMS BISON INVESTMENTS, LLC’s that is approximately 4.679% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $21.83 million.
Also, the Mutual Funds coming in first place with the largest holdings of SelectQuote Inc (SLQT) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 4.07 shares. This amounts to just over 2.37 percent of the company’s overall shares, with a $11.32 million market value. The same data shows that the other fund manager holds slightly less at 3.82, or about 2.22% of the stock, which is worth about $10.61 million.
