SelectQuote (NYSE:SLQT) Upgraded at Noble Financial

Noble Financial upgraded shares of SelectQuote (NYSE:SLQT) to a strong-buy rating in a report issued on Wednesday morning,Zacks.com reports. Noble Financial also issued estimates for SelectQuote’s Q4 2026 earnings at ($0.15) EPS, FY2026 earnings at ($0.03) EPS and FY2027 earnings at ($0.11) EPS.

Several other research firms also recently weighed in on SLQT. Zacks Research upgraded SelectQuote from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 6th. Royal Bank Of Canada decreased their target price on SelectQuote from $5.00 to $3.00 and set a “sector perform” rating for the company in a report on Wednesday, February 11th. Wall Street Zen upgraded SelectQuote from a “sell” rating to a “hold” rating in a research report on Saturday, February 7th. Craig Hallum set a $3.00 target price on SelectQuote in a research report on Friday, February 6th. Finally, Weiss Ratings lowered shares of SelectQuote from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 3rd. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $2.92.

SelectQuote Trading Down 0.4%

NYSE SLQT opened at $1.14 on Wednesday. SelectQuote has a 12-month low of $0.56 and a 12-month high of $2.77. The company has a fifty day simple moving average of $0.76 and a two-hundred day simple moving average of $1.22. The company has a current ratio of 5.63, a quick ratio of 5.65 and a debt-to-equity ratio of 0.92. The stock has a market cap of $200.16 million, a P/E ratio of 12.61 and a beta of 1.62.

SelectQuote (NYSE:SLQT) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.17. SelectQuote had a net margin of 5.60% and a return on equity of 20.49%. The firm had revenue of $430.93 million for the quarter, compared to analyst estimates of $438.93 million. On average, analysts forecast that SelectQuote will post -0.03 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd acquired a new stake in shares of SelectQuote during the 3rd quarter worth approximately $27,000. CIBC Bancorp USA Inc. purchased a new position in shares of SelectQuote during the 3rd quarter valued at approximately $29,000. Aquatic Capital Management LLC acquired a new position in shares of SelectQuote in the 3rd quarter valued at $29,000. Nations Financial Group Inc. IA ADV boosted its holdings in SelectQuote by 44.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 19,500 shares of the company’s stock worth $38,000 after buying an additional 6,000 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in SelectQuote by 90.7% during the second quarter. Russell Investments Group Ltd. now owns 16,133 shares of the company’s stock worth $38,000 after buying an additional 7,675 shares in the last quarter. 34.59% of the stock is owned by institutional investors and hedge funds.

SelectQuote Company Profile

SelectQuote, Inc (NYSE: SLQT) is a U.S.-based insurance brokerage and lead generation company that connects consumers with a range of insurance products through proprietary technology and licensed agents. The company specializes in life insurance, supplemental health coverage and Medicare plans, leveraging its digital platform and call center operations to help individuals compare policies and find cost-effective solutions tailored to their needs.

Through a single point of contact, policy seekers can evaluate offerings from multiple carriers, including term life, whole life, accidental death, critical illness and long-term care products.