SelectQuote Inc (NYSE: SLQT) Stock Forecast For 2025: Bullish Signs Point To 3 Per Share

In the latest trading session, 0.46 million SelectQuote Inc (NYSE:SLQT) shares changed hands as the company’s beta touched 1.13. With the company’s most recent per share price at $4.39 changed hands at -$0.18 or -4.05% at last look, the market valuation stands at $754.85M. SLQT’s current price is a discount, trading about -56.26% off its 52-week high of $6.86. The share price had its 52-week low at $1.48, which suggests the last value was 66.29% up since then.

Analysts gave the SelectQuote Inc (SLQT) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended SLQT as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. SelectQuote Inc’s EPS for the current quarter is expected to be 0.

SelectQuote Inc (NYSE:SLQT) trade information

Instantly SLQT was in red as seen in intraday trades today. With action -26.92%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 17.88%, with the 5-day performance at -26.92% in the red. However, in the 30-day time frame, SelectQuote Inc (NYSE:SLQT) is -1.68% down.

The consensus price target for the stock as assigned by Wall Street analysts is 2, meaning bulls need a downside of -119.5% from its recent market value. According to analyst projections, SLQT’s forecast low is 1.5 with 3 as the target high. To hit the forecast high, the stock’s price needs a 31.66% surge from its current level, while the stock would need to tank 65.83% for it to hit the projected low.

SelectQuote Inc (SLQT) estimates and forecasts

Year-over-year growth is forecast to reach 15.57% up from the last financial year.

Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 412.83M. 3 analysts are of the opinion that SelectQuote Inc’s revenue for the current quarter will be 341.42M. The company’s revenue for the corresponding quarters a year ago was 376.4M and 307.21M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.68%. The estimates for the next quarter sales put growth at 11.14%.

The 2025 estimates are for SelectQuote Inc earnings to increase by 83.33%.

SelectQuote Inc (NYSE:SLQT)’s Major holders

ABRAMS BISON INVESTMENTS, LLC holds the second largest percentage of outstanding shares, with 4.6943% or 7.91 million shares worth $21.83 million as of 2024-06-30.

Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund. With 4.19 shares estimated at $18.66 million under it, the former controlled 2.44% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.37% of the shares, roughly 4.07 shares worth around $18.12 million.