SelectQuote, Inc. (NYSE:SLQT) Receives $4.38 Consensus PT from Analysts

Shares of SelectQuote, Inc. (NYSE:SLQT) have been assigned a consensus rating of “Hold” from the five brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $4.3750.

A number of equities research analysts have recently issued reports on SLQT shares. Zacks Research cut SelectQuote from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 27th. Royal Bank Of Canada reduced their price objective on SelectQuote from $7.00 to $6.00 and set a “sector perform” rating for the company in a report on Tuesday, August 5th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of SelectQuote in a report on Wednesday, October 8th.

SelectQuote Stock Up 7.7%

SelectQuote stock opened at $1.98 on Friday. The firm has a market capitalization of $348.59 million, a PE ratio of 39.64 and a beta of 1.30. The company’s 50-day moving average is $2.08 and its 200-day moving average is $2.32. SelectQuote has a fifty-two week low of $1.62 and a fifty-two week high of $6.86. The company has a debt-to-equity ratio of 0.90, a current ratio of 5.68 and a quick ratio of 5.68.

SelectQuote (NYSE:SLQT) last announced its earnings results on Thursday, August 21st. The company reported ($0.17) EPS for the quarter, topping the consensus estimate of ($0.18) by $0.01. The business had revenue of $345.10 million during the quarter, compared to the consensus estimate of $334.09 million. SelectQuote had a net margin of 3.12% and a return on equity of 6.35%. SelectQuote has set its FY 2026 guidance at EPS. Sell-side analysts anticipate that SelectQuote will post -0.07 earnings per share for the current year.

Institutional Investors Weigh In On SelectQuote

A number of institutional investors have recently made changes to their positions in the company. Xponance Inc. bought a new stake in SelectQuote in the 1st quarter valued at about $34,000. Virtu Financial LLC bought a new stake in SelectQuote in the 1st quarter valued at about $34,000. Johnson Investment Counsel Inc. bought a new stake in SelectQuote in the 1st quarter valued at about $35,000. Kapitalo Investimentos Ltda bought a new stake in SelectQuote in the 1st quarter valued at about $35,000. Finally, Russell Investments Group Ltd. boosted its holdings in SelectQuote by 90.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 16,133 shares of the company’s stock valued at $38,000 after purchasing an additional 7,675 shares during the period. Institutional investors own 34.59% of the company’s stock.

SelectQuote Company Profile

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.