How does SelectQuote Inc (SLQT) change from a tortoise to a hare?

With 1.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.14 million shares. During the session, the Insurance Brokers company that operates in wider Financial sector, reached to the highest price of $3.5999 whereas the lowest price it dropped to was $3.11. The 52-week range on SLQT shows that it touched its highest point at $4.46 and its lowest point at $1.03 during that stretch. It currently has a 1-year price target of $4.50. Beta for the stock currently stands at 1.20.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SLQT was up-trending over the past week, with a rise of 6.85%, but this was up by 26.32% over a month. Three-month performance surged to 56.00% while six-month performance rose 13.04%. The stock gained 115.17% in the past year, while it has gained 127.74% so far this year. A look at the trailing 12-month EPS for SLQT yields -0.28 with Next year EPS estimates of 0.05. For the next quarter, that number is 0.10. This implies an EPS growth rate of 0.00% for this year and 126.67% for next year.

Float and Shares Shorts:

At present, 171.50 million SLQT shares are outstanding with a float of 135.35 million shares on hand for trading. On 2024-11-29, short shares totaled 1.83 million, which was 106.99999999999999 higher than short shares on 1730332800. In addition to Mr. Timothy Robert Danker as the firm’s CEO & Director, Mr. Robert Clay Grant serves as its President.

Institutional Ownership:

Through their ownership of 0.48525003 of SLQT’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SLQT reported revenue of $292263000.0 and operating income of -$11977000.0. The EBITDA in the recently reported quarter was -$6390000.0 and diluted EPS was -$0.26.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SLQT since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SLQT analysts setting a high price target of 5.0 and a low target of 4.0, the average target price over the next 12 months is 4.5. Based on these targets, SLQT could surge 60.26% to reach the target high and rise by 28.21% to reach the target low. Reaching the average price target will result in a growth of 44.23% from current levels.

Analysts have provided yearly estimates in a range of -$0.17232 being high and -$0.17684 being low. For SLQT, this leads to a yearly average estimate of -$0.175. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.