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.
In the latest session, SelectQuote Inc (NYSE: SLQT) closed at $1.60 down -3.61% from its previous closing price of $1.66. In other words, the price has decreased by -$3.61 from its previous closing price. On the day, 0.51 million shares were traded. SLQT stock price reached its highest trading level at $1.66 during the session, while it also had its lowest trading level at $1.56.
Ratios:
For a deeper understanding of SelectQuote Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 66.76. 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:
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 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 280531200 and an Enterprise Value of 972909184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.839 whereas that against EBITDA is 14.684.
Stock Price History:
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 -9.96%, while the 200-Day Moving Average is calculated to be 9.74%.
Shares Statistics:
For the past three months, SLQT has traded an average of 764.16K shares per day and 417870 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 34.99% stake in the company. Shares short for SLQT as of 1711584000 were 624403 with a Short Ratio of 0.82, compared to 1709164800 on 1000306. Therefore, it implies a Short% of Shares Outstanding of 624403 and a Short% of Float of 0.45999999999999996.
