SelectQuote Inc (NYSE:SLQT) price on Thursday, April 10, fall -8.93% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $3.16.
A look at the stock’s price movement, the close in the last trading session was $3.47, moving within a range at $3.1001 and $3.4003. The beta value (5-Year monthly) was 1.245. Turning to its 52-week performance, $6.86 and $1.48 were the 52-week high and 52-week low respectively. Overall, SLQT moved -12.71% over the past month.
SelectQuote Inc’s market cap currently stands at around $543.98 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-09.
Analysts have a consensus estimate of 412.83M for the company’s revenue for the quarter, with a low and high estimate of 409.1M and 417M respectively. The average forecast suggests up to a 9.68% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.53B, representing a 15.57% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SLQT is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend SLQT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SLQT’s current price about -9.66% and -23.27% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.33, while 7-day volatility ratio is 12.66% and 7.50% in the 30-day chart. Further, SelectQuote Inc (SLQT) has a beta value of 1.22, and an average true range (ATR) of 0.32. Analysts have given the company’s stock an average 52-week price target of $2, forecast between a low of $1.5 and high of $3. Looking at the price targets, the low is 52.53% off current price level while to achieve the yearly target high, price needs to move 5.06%. Nonetheless, investors will most likely welcome a 36.71% jump to $2 which is the analysts’ median price.
If we refocus on SelectQuote Inc (NYSE:SLQT), historical trading data shows that trading volumes averaged 1.43 over the past 10 days and 1.93 million over the past 3 months. The company’s latest data on shares outstanding shows there are 172.13 million shares.
The 20.91% of SelectQuote Inc’s shares are in the hands of company insiders while institutional holders own 37.62% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.38 million on 2025-03-14, giving us a short ratio of 1.23. The data shows that as of 2025-03-14 short interest in SelectQuote Inc (SLQT) stood at 176.0 of shares outstanding, with shares short rising to 1.57 million registered in 2025-02-14. Current price change has pushed the stock -15.05% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SLQT stock continues to rise going into the next quarter.
