SelectQuote Inc (NYSE:SLQT) Shares Rebounded 74.57% From Their Lows – But Can They Continue?

In last trading session, SelectQuote Inc (NYSE:SLQT) saw 1.82 million shares changing hands with its beta currently measuring 1.14. Company’s recent per share price level of $5.82 trading at -$0.23 or -3.80% at ring of the bell on the day assigns it a market valuation of $1.00B. That closing price of SLQT’s stock is at a discount of -17.87% from its 52-week high price of $6.86 and is indicating a premium of 74.57% from its 52-week low price of $1.48.

For SelectQuote Inc (SLQT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.67. 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 in the current quarter.

SelectQuote Inc (NYSE:SLQT) trade information

Upright in the red during last session for losing -3.80%, in the last five days SLQT remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $5.82 price level, adding 6.28% to its value on the day. SelectQuote Inc’s shares saw a change of 56.45% in year-to-date performance and have moved 1.57% in past 5-day. SelectQuote Inc (NYSE:SLQT) showed a performance of 37.26% in past 30-days.

Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -191.0% 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 74.23% in reaching the projected high whereas dropping to the targeted low would mean a gain of 74.23% for stock’s current value.

SelectQuote Inc (SLQT) estimates and forecasts

This year revenue growth is estimated to rise 15.57% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 412.83M for the same. And 3 analysts are in estimates of company making revenue of 341.42M in the next quarter. Company posted 376.4M and 307.21M of sales in current and next quarters respectively a year earlier.

SelectQuote Inc (NYSE:SLQT)’s Major holders

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.

On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 4.19 shares of worth $24.41 million or 2.44% of the total outstanding shares. The later fund manager was in possession of 4.07 shares on Sep 30, 2024 , making its stake of worth around $23.7 million in the company or a holder of 2.37% of company’s stock.