SelectQuote Inc (NYSE:SLQT)’s traded shares stood at 0.56 million during the latest session, with the company’s beta value hitting 1.19. At the last check today, the stock’s price was $3.56, to imply a decrease of -1.93% or -$0.07 in intraday trading. The SLQT share’s 52-week high remains $4.46, putting it -25.28% down since that peak but still an impressive 71.07% since price per share fell to its 52-week low of $1.03. The company has a valuation of $610.55M, with an average of 1.13 million shares in intraday trading volume over the past 10 days and average of 1.09 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for SelectQuote Inc (SLQT), translating to a mean rating of 1.67. Of 1 analyst(s) looking at the stock, 0 analyst(s) give SLQT a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
SelectQuote Inc (NYSE:SLQT) trade information
After registering a -1.93% downside in the latest session, SelectQuote Inc (SLQT) has traded red over the past five days. The 5-day price performance for the stock is 18.67%, and 26.24% over 30 days. With these gigs, the year-to-date price performance is 159.85%. Short interest in SelectQuote Inc (NYSE:SLQT) saw shorts transact 1.83 million shares and set a 1.78 days time to cover.
The extremes give us $1.5 and $3 for target low and target high price respectively. As such, SLQT has been trading 15.73% off suggested target high and 57.87% from its likely low.
SelectQuote Inc (SLQT) estimates and forecasts
Looking at statistics comparing SelectQuote Inc share performance against respective industry, we note that the company has underperformed competitors. SelectQuote Inc (SLQT) shares are 28.99% up over the last 6 months, with its year-to-date growth rate lower than industry average at 0.00% against 9.50%. The rating firms project that company’s revenue will grow 10.53% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 447M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 402.33M.Earnings reports from the last fiscal year show that sales brought in 405.44M and 376.4M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.25% before jumping 6.89% in the following quarter.
SLQT Dividends
SelectQuote Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
SelectQuote Inc (NYSE:SLQT)’s Major holders
SelectQuote Inc insiders hold 10.43% of total outstanding shares, with institutional holders owning 48.53% of the shares at 54.18% float percentage. In total, 48.53% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 10.03 million shares (or 5.9307% of shares), all amounting to roughly $27.67 million.
The next major institution holding the largest number of shares is ABRAMS BISON INVESTMENTS, LLC with 7.91 million shares, or about 4.679% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $21.83 million.
