SelectQuote (NYSE:SLQT - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Saturday.
SLQT has been the subject of several other reports. Zacks Research lowered SelectQuote from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 1st. Weiss Ratings downgraded SelectQuote from a "sell (d+)" rating to a "sell (d)" rating in a research note on Monday, August 17th. Finally, Noble Financial raised SelectQuote to a "strong-buy" rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $3.00.
Check Out Our Latest Research Report on SelectQuote
SelectQuote Stock Down 3.1%
SelectQuote stock opened at $0.52 on Friday. The firm has a market cap of $92.42 million, a PE ratio of -6.54 and a beta of 1.66. The company has a debt-to-equity ratio of 0.99, a quick ratio of 5.63 and a current ratio of 6.57. The firm's 50 day moving average price is $0.75 and its two-hundred day moving average price is $0.82. SelectQuote has a twelve month low of $0.48 and a twelve month high of $2.35.
SelectQuote (NYSE:SLQT - Get Free Report) last released its earnings results on Tuesday, August 25th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.03). The company had revenue of $321.65 million during the quarter, compared to analysts' expectations of $353.44 million. SelectQuote had a return on equity of 19.70% and a net margin of 3.84%. On average, research analysts predict that SelectQuote will post -0.2 EPS for the current fiscal year.
Institutional Trading of SelectQuote
Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in shares of SelectQuote by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 3,369,383 shares of the company's stock valued at $4,752,000 after purchasing an additional 39,631 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of SelectQuote in the 2nd quarter valued at $1,836,000. Captrust Financial Advisors boosted its holdings in SelectQuote by 36.3% in the fourth quarter. Captrust Financial Advisors now owns 2,081,209 shares of the company's stock worth $2,935,000 after purchasing an additional 554,624 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in SelectQuote by 71.3% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,931,037 shares of the company's stock worth $4,596,000 after purchasing an additional 803,594 shares in the last quarter. Finally, Millennium Management LLC increased its position in SelectQuote by 530.1% during the fourth quarter. Millennium Management LLC now owns 1,637,460 shares of the company's stock worth $2,309,000 after buying an additional 1,377,577 shares during the last quarter. 34.59% of the stock is owned by institutional investors.
SelectQuote Company Profile
(
Get Free Report)
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.
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