In the last trading session, 29.15 million shares of the SelectQuote Inc (NYSE:SLQT) were traded, and its beta was 1.14. Most recently the company’s share price was $5.73, and it changed around $1.35 or 30.82% from the last close, which brings the market valuation of the company to $982.72M. SLQT currently trades at a discount to its 52-week high of $4.64, offering almost 19.02% off that amount. The share price’s 52-week low was $1.33, which indicates that the current value has risen by an impressive 76.79% since then. We note from SelectQuote Inc’s average daily trading volume that its 10-day average is 1.15 million shares, with the 3-month average coming to 1.06 million.
SelectQuote Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended SLQT as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. SelectQuote Inc is expected to report earnings per share of 0 for the current quarter.
SelectQuote Inc (NYSE:SLQT) trade information
Instantly SLQT has showed a green trend with a performance of 30.82% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.86 on recent trading dayincreased the stock’s daily price by 16.47%. The company’s shares are currently up 54.03% year-to-date, but still up 31.12% over the last five days. On the other hand, SelectQuote Inc (NYSE:SLQT) is 43.97% up in the 30-day period. We can see from the shorts that 2.25 million shares have been sold at a short interest cover period of 1.66 day(s).
The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to decrease their stock price by -186.5% from its current value. Analyst projections state that SLQT is forecast to be at a low of $1.5 and a high of $3.
SelectQuote Inc (SLQT) estimates and forecasts
The year-over-year growth rate is expected to be 15.57%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 412.83M in revenue for the current quarter. 3 analysts expect SelectQuote Inc to make 341.42M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 376.4M and 307.21M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 9.68%. Forecasts for the next quarter put sales growth at 11.14%.
SLQT Dividends
SelectQuote Inc’s next quarterly earnings report is expected to be released in March.
SelectQuote Inc (NYSE:SLQT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 10.45% of SelectQuote Inc shares, and 48.02% of them are in the hands of institutional investors. The stock currently has a share float of 53.62%. SelectQuote Inc stock is held by 181.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 5.9307% of the shares, which is about 10.03 million shares worth $27.67 million.
ABRAMS BISON INVESTMENTS, LLC, with 4.679% or 7.91 million shares worth $21.83 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024. The former held 4.19 shares worth $24.03 million, making up 2.45% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 4.07 shares worth around $23.33 million, which represents about 2.37% of the total shares outstanding.
