Following Its 52-Week Low, SelectQuote Inc (NYSE: SLQT)’S Share Price Rose 73.39% And Its YTD Numbers Rise 4.03%

During the last session, SelectQuote Inc (NYSE:SLQT)’s traded shares were 1.32 million, with the beta value of the company hitting 1.13. At the end of the trading day, the stock’s price was $3.87, reflecting an intraday gain of 4.03% or $0.15. The 52-week high for the SLQT share is $4.46, that puts it down -15.25 from that peak though still a striking 73.39% gain since the share price plummeted to a 52-week low of $1.03. The company’s market capitalization is $663.73M, and the average intraday trading volume over the past 10 days was 1.49 million shares, and the average trade volume was 1.09 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.

SelectQuote Inc (NYSE:SLQT) trade information

SelectQuote Inc (SLQT) registered a 4.03% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.03% in intraday trading to $3.87, hitting a weekly high. The stock’s 5-day price performance is 16.92%, and it has moved by 28.57% in 30 days. Based on these gigs, the overall price performance for the year is 188.81%. The short interest in SelectQuote Inc (NYSE:SLQT) is 1.85 million shares and it means that shorts have 2.71 day(s) to cover.

The consensus price target of analysts on Wall Street is $2, which implies a decrease of -93.5% 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 premium of 22.48% off the target high and 61.24% 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 24.84% during the last six months, with a year-to-date growth rate less than the industry average at 0.00% against 9.50.

While earnings are projected to return 0.00% in 2025, the next five years will return -9.70% per annum.

SLQT Dividends

SelectQuote Inc is due to release its next quarterly earnings in February. 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 48.53%, with the float percentage being 54.18%. 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.