In spite of SelectQuote Inc.’s (NYSE:SLQT) recent upswing, most analysts remain bearish.

In the latest session, SelectQuote Inc. (NYSE: SLQT) closed at $2.06 down -1.90% from its previous closing price of $2.10. In other words, the price has decreased by -$0.0400 from its previous closing price. On the day, 1172666 shares were traded. SLQT stock price reached its highest trading level at $2.1000 during the session, while it also had its lowest trading level at $1.9509.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".



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 2.50 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 1.81 whereas as Long-Term Debt/Eq ratio is at 1.76.

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 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.90.

Stock Price History:

Over the past 52 weeks, SLQT has reached a high of $3.25, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is 1.5473, while the 200-Day Moving Average is calculated to be 1.4482.

Shares Statistics:

For the past three months, SLQT has traded an average of 2.71M shares per day and 1.63M over the past ten days. A total of 166.49M 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 Jan 30, 2023 were 2.52M with a Short Ratio of 3.46M, compared to 2.27M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.52% and a Short% of Float of 1.86%.

Earnings Estimates

There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.17, while EPS last year was -$0.04. The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.1 and low estimates of -$0.25.

Analysts are recommending an EPS of between -$0.47 and -$0.55 for the fiscal current year, implying an average EPS of -$0.51. EPS for the following year is -$0.25, with 3 analysts recommending between -$0.16 and -$0.32.

Revenue Estimates

A total of 2 analysts believe the company’s revenue will be $259.91M this quarter.It ranges from a high estimate of $266.8M to a low estimate of $253.01M. As of the current estimate, SelectQuote Inc.’s year-ago sales were $275.11M, an estimated decrease of -5.50% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $195.66M, an increase of 40.40% over than the figure of -$5.50% in the same quarter last year. There is a high estimate of $204.82M for the next quarter, whereas the lowest estimate is $186.5M.

A total of 3 analysts have provided revenue estimates for SLQT’s current fiscal year. The highest revenue estimate was $950.03M, while the lowest revenue estimate was $910.74M, resulting in an average revenue estimate of $931.93M. In the same quarter a year ago, actual revenue was $764.04M, up 22.00% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.06B in the next fiscal year. The high estimate is $1.06B and the low estimate is $1.05B. The average revenue growth estimate for next year is up 13.30% from the average revenue estimate for this year.