SelectQuote, Inc. (NYSE:SLQT) Given Average Rating of “Hold” by Analysts

SelectQuote, Inc. (NYSE:SLQT) has been assigned an average recommendation of “Hold” from the five ratings firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $4.3750.

Several analysts have weighed in on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of SelectQuote in a research note on Wednesday, October 8th. Zacks Research lowered shares of SelectQuote from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 27th. Wall Street Zen lowered shares of SelectQuote from a “buy” rating to a “hold” rating in a research note on Sunday, June 22nd. Finally, Royal Bank Of Canada lowered their target price on shares of SelectQuote from $7.00 to $6.00 and set a “sector perform” rating for the company in a research note on Tuesday, August 5th.

Hedge Funds Weigh In On SelectQuote

Several hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of SelectQuote by 7.0% during the first quarter. Vanguard Group Inc. now owns 7,880,173 shares of the company’s stock valued at $26,320,000 after acquiring an additional 516,752 shares during the period. Geode Capital Management LLC boosted its holdings in shares of SelectQuote by 4.1% during the second quarter. Geode Capital Management LLC now owns 3,299,867 shares of the company’s stock valued at $7,855,000 after acquiring an additional 129,930 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of SelectQuote by 71.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,931,037 shares of the company’s stock valued at $4,596,000 after acquiring an additional 803,594 shares during the period. American Century Companies Inc. boosted its holdings in shares of SelectQuote by 75.4% during the second quarter. American Century Companies Inc. now owns 1,773,882 shares of the company’s stock valued at $4,222,000 after acquiring an additional 762,425 shares during the period. Finally, Captrust Financial Advisors boosted its holdings in shares of SelectQuote by 5.2% during the second quarter. Captrust Financial Advisors now owns 1,456,542 shares of the company’s stock valued at $3,467,000 after acquiring an additional 72,364 shares during the period. Institutional investors and hedge funds own 34.59% of the company’s stock.

SelectQuote Stock Down 3.9%

Shares of NYSE:SLQT opened at $1.85 on Friday. The company has a current ratio of 5.68, a quick ratio of 5.68 and a debt-to-equity ratio of 0.90. SelectQuote has a 12-month low of $1.62 and a 12-month high of $6.86. The company has a fifty day simple moving average of $2.08 and a 200 day simple moving average of $2.34. The firm has a market cap of $324.67 million, a PE ratio of 36.92 and a beta of 1.30.

SelectQuote (NYSE:SLQT) last released its earnings results on Thursday, August 21st. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.01. SelectQuote had a net margin of 3.12% and a return on equity of 6.35%. The firm had revenue of $345.10 million during the quarter, compared to analyst estimates of $334.09 million. SelectQuote has set its FY 2026 guidance at EPS. On average, equities research analysts anticipate that SelectQuote will post -0.07 EPS for the current fiscal year.

About SelectQuote

SelectQuote, Inc operates a technology-enabled, direct-to-consumer distribution platform that sells a range of insurance products and healthcare services in the United States. The company operates through three segments: Senior; Life; and Auto & Home. It distributes senior health policies, such as medicare advantage, medicare supplement, medicare part D, and other ancillary senior health insurance related products, including prescription drugs, dental, vision, and hearing plans; life insurance products, such as term life, final expense, and other ancillary products, including critical illness, accidental death, and juvenile insurance; homeowners, auto, dwelling fire, and other ancillary insurance products; and non-commercial auto and home property, and casualty policies.