What shareholders can do to beat the market with SelectQuote Inc. (SLQT) stock

In the latest session, SelectQuote Inc. (NYSE: SLQT) closed at $0.72 up 3.99% from its previous closing price of $0.69. In other words, the price has increased by $+0.0276 from its previous closing price. On the day, 573081 shares were traded. SLQT stock price reached its highest trading level at $0.7380 during the session, while it also had its lowest trading level at $0.6700.

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For a deeper understanding of SelectQuote Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.60 and its Current Ratio is at 2.60. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.89.

Upgrades & Downgrades

On February 08, 2022, RBC Capital Mkts reiterated its Sector Perform rating and also upped its target price recommendation from $13 to $3.

Barclays reiterated its Equal Weight rating for the stock on February 08, 2022, while the target price for the stock was revised from $9 to $5.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 02 when Gunter Matthew Scott bought 24,300 shares for $1.04 per share. The transaction valued at 25,175 led to the insider holds 400,649 shares of the business.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.33.

Stock Price History:

Over the past 52 weeks, SLQT has reached a high of $7.77, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is 0.6958, while the 200-Day Moving Average is calculated to be 1.5456.

Shares Statistics:

For the past three months, SLQT has traded an average of 980.50K shares per day and 800.94k over the past ten days. A total of 164.82M shares are outstanding, with a floating share count of 117.28M. Insiders hold about 4.30% of the company’s shares, while institutions hold 63.40% stake in the company. Shares short for SLQT as of Oct 13, 2022 were 6.51M with a Short Ratio of 2.27M, compared to 7.68M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.91% and a Short% of Float of 5.61%.

Earnings Estimates

There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.2 for the current quarter, with a high estimate of -$0.17 and a low estimate of -$0.22, while EPS last year was -$0.28. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.1 and low estimates of -$0.14.

Analysts are recommending an EPS of between -$0.53 and -$0.6 for the fiscal current year, implying an average EPS of -$0.56. EPS for the following year is -$0.19, with 4 analysts recommending between -$0.1 and -$0.31.

Revenue Estimates

A total of 3 analysts believe the company’s revenue will be $144.48M this quarter.It ranges from a high estimate of $155.85M to a low estimate of $129.28M. As of the current estimate, SelectQuote Inc.’s year-ago sales were $149.02M, an estimated decrease of -3.00% from the year-ago figure.

A total of 4 analysts have provided revenue estimates for SLQT’s current fiscal year. The highest revenue estimate was $899.9M, while the lowest revenue estimate was $871.06M, resulting in an average revenue estimate of $881.43M. In the same quarter a year ago, actual revenue was $764.04M, up 15.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $1.02B in the next fiscal year. The high estimate is $1.06B and the low estimate is $962.25M. The average revenue growth estimate for next year is up 15.20% from the average revenue estimate for this year.