In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of SelectQuote Inc (NYSE: SLQT) was $1.64 for the day, up 1.86% from the previous closing price of $1.61. In other words, the price has increased by $1.86 from its previous closing price. On the day, 0.78 million shares were traded. SLQT stock price reached its highest trading level at $1.695 during the session, while it also had its lowest trading level at $1.57.
Ratios:
Our analysis of SLQT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 68.43. For the most recent quarter (mrq), Quick Ratio is recorded 2.11 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 2.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Noble Capital Markets on February 29, 2024, initiated with a Outperform rating and assigned the stock a target price of $5.
RBC Capital Mkts reiterated its Sector Perform rating for the stock on February 08, 2022, while the target price for the stock was revised from $13 to $3.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 18 ’23 when Matthews Joshua Brandon bought 97,500 shares for $1.16 per share. The transaction valued at 113,295 led to the insider holds 400,937 shares of the business.
GRANT W THOMAS II bought 220,100 shares of SLQT for $256,637 on Sep 15 ’23. The Director now owns 220,100 shares after completing the transaction at $1.17 per share. On Sep 15 ’23, another insider, Grant Robert Clay, who serves as the PRESIDENT of the company, bought 184,200 shares for $1.14 each. As a result, the insider paid 209,988 and bolstered with 61,400 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLQT now has a Market Capitalization of 277150144 and an Enterprise Value of 979668992. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.845 whereas that against EBITDA is 14.786.
Stock Price History:
The Beta on a monthly basis for SLQT is 0.75, which has changed by 0.60784316 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, SLQT has reached a high of $2.39, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -7.72%, while the 200-Day Moving Average is calculated to be 12.82%.
Shares Statistics:
SLQT traded an average of 746.95K shares per day over the past three months and 433760 shares per day over the past ten days. A total of 166.87M shares are outstanding, with a floating share count of 133.75M. Insiders hold about 20.86% of the company’s shares, while institutions hold 34.96% stake in the company. Shares short for SLQT as of 1713139200 were 569025 with a Short Ratio of 0.76, compared to 1710460800 on 843910. Therefore, it implies a Short% of Shares Outstanding of 569025 and a Short% of Float of 0.42.
Earnings Estimates
The market rating for SelectQuote Inc (SLQT) is a result of the insights provided by 2.0 analysts actively involved in the assessment.On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.04 and a low estimate of $0.02, while EPS last year was $0.06. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.19 and -$0.21 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is -$0.07, with 2.0 analysts recommending between -$0.03 and -$0.12.
Revenue Estimates
For the next quarter, 2 analysts are estimating revenue of $287.05M. There is a high estimate of $289.4M for the next quarter, whereas the lowest estimate is $284.7M.
A total of 2 analysts have provided revenue estimates for SLQT’s current fiscal year. The highest revenue estimate was $1.27B, while the lowest revenue estimate was $1.26B, resulting in an average revenue estimate of $1.26B. In the same quarter a year ago, actual revenue was $1BBased on 2 analysts’ estimates, the company’s revenue will be $1.48B in the next fiscal year. The high estimate is $1.51B and the low estimate is $1.46B.
