Year-To-Date, SelectQuote Inc (NYSE: SLQT) Price Has Decrease -3.23%. Does Trouble Ahead?

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During the last session, SelectQuote Inc (NYSE:SLQT)’s traded shares were 1.26 million, with the beta value of the company hitting 1.16. At the end of the trading day, the stock’s price was $3.60, reflecting an intraday loss of -9.55% or -$0.38. The 52-week high for the SLQT share is $6.86, that puts it down -90.56 from that peak though still a striking 58.89% gain since the share price plummeted to a 52-week low of $1.48. The company’s market capitalization is $619.72M, and the average trade volume was 1.96 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. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

SelectQuote Inc (NYSE:SLQT) trade information

SelectQuote Inc (SLQT) registered a -9.55% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -9.55% in intraday trading to $3.60, hitting a weekly high. The stock’s 5-day price performance is -22.25%, and it has moved by -17.62% in 30 days. Based on these gigs, the overall price performance for the year is 90.48%.

The consensus price target of analysts on Wall Street is $2, which implies a decrease of -80.0% 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 16.67% off the target high and 58.33% off the low.

SelectQuote Inc (SLQT) estimates and forecasts

In the rating firms’ projections, revenue will increase 15.57% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 412.83M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 341.42M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 376.4M and 307.21M respectively. In this case, analysts expect current quarter sales to grow by 9.68% and then jump by 11.14% in the coming quarter.

While earnings are projected to return 83.33% in 2025.

SLQT Dividends

SelectQuote Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 7.91 million shares, is of ABRAMS BISON INVESTMENTS, LLC’s that is approximately 4.6943% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $21.83 million.