SelectQuote, Inc. (NYSE:SLQT) Given Consensus Rating of “Hold” by Brokerages

SelectQuote, Inc. (NYSE:SLQT) has been given an average recommendation of “Hold” by the five brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $4.3750.

Several equities analysts recently weighed in on SLQT shares. Royal Bank Of Canada cut their target price on shares of SelectQuote from $7.00 to $6.00 and set a “sector perform” rating for the company in a research note on Tuesday, August 5th. Weiss Ratings reissued a “sell (d)” rating on shares of SelectQuote in a report on Wednesday, October 8th. Finally, Zacks Research raised SelectQuote from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 22nd.

Institutional Trading of SelectQuote

Hedge funds have recently modified their holdings of the company. Virtu Financial LLC bought a new position in shares of SelectQuote during the 1st quarter valued at approximately $34,000. Xponance Inc. purchased a new stake in SelectQuote during the first quarter valued at $34,000. Kapitalo Investimentos Ltda bought a new position in SelectQuote during the first quarter valued at $35,000. Nations Financial Group Inc. IA ADV purchased a new position in shares of SelectQuote in the 1st quarter worth $40,000. Finally, Headlands Technologies LLC increased its holdings in shares of SelectQuote by 86.7% in the 1st quarter. Headlands Technologies LLC now owns 12,398 shares of the company’s stock worth $41,000 after buying an additional 5,756 shares during the last quarter. 34.59% of the stock is owned by hedge funds and other institutional investors.

SelectQuote Price Performance

Shares of SelectQuote stock opened at $1.61 on Wednesday. The stock’s 50-day simple moving average is $2.00 and its 200-day simple moving average is $2.17. The company has a quick ratio of 5.42, a current ratio of 5.42 and a debt-to-equity ratio of 1.06. SelectQuote has a 52 week low of $1.54 and a 52 week high of $6.86. The company has a market capitalization of $282.43 million, a price-to-earnings ratio of 32.10 and a beta of 1.26.

SelectQuote (NYSE:SLQT) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.26) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.01. The business had revenue of $328.81 million during the quarter, compared to analyst estimates of $323.68 million. SelectQuote had a net margin of 3.95% and a return on equity of 10.41%. SelectQuote has set its FY 2026 guidance at EPS. As a group, analysts expect that SelectQuote will post -0.07 earnings per share for the current fiscal year.

About SelectQuote

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.