SelectQuote, Inc. (NYSE:SLQT – Free Report) – Stock analysts at Noble Financial decreased their Q3 2027 earnings per share (EPS) estimates for shares of SelectQuote in a research note issued on Thursday, November 5th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings per share of ($0.02) for the quarter, down from their prior forecast of $0.01. The consensus estimate for SelectQuote’s current full-year earnings is ($0.25) per share. Noble Financial also issued estimates for SelectQuote’s Q4 2027 earnings at ($0.13) EPS, FY2027 earnings at ($0.25) EPS and FY2028 earnings at ($0.29) EPS.
SelectQuote (NYSE:SLQT – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported ($0.21) EPS for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.12. SelectQuote had a net margin of 4.61% and a return on equity of 22.48%. The business had revenue of $280.01 million during the quarter, compared to analyst estimates of $277.91 million.
Several other equities research analysts also recently commented on the stock. Wall Street Zen downgraded shares of SelectQuote from a “hold” rating to a “sell” rating in a research report on Saturday, August 29th. Weiss Ratings cut shares of SelectQuote from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, August 17th. Finally, Zacks Research upgraded SelectQuote from a “strong sell” rating to a “hold” rating in a research note on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, SelectQuote presently has an average rating of “Hold” and an average target price of $3.00.
Read Our Latest Stock Report on SLQT
SelectQuote Stock Down 6.7%
Shares of NYSE SLQT opened at $0.45 on Monday. The stock has a market capitalization of $80.31 million, a P/E ratio of 49.14 and a beta of 2.01. The company has a 50-day moving average price of $0.42 and a 200-day moving average price of $0.75. SelectQuote has a 1 year low of $0.30 and a 1 year high of $1.76. The company has a debt-to-equity ratio of 1.16, a current ratio of 7.48 and a quick ratio of 6.57.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the company. Empowered Funds LLC grew its position in SelectQuote by 10.4% during the first quarter. Empowered Funds LLC now owns 491,568 shares of the company’s stock worth $309,000 after buying an additional 46,258 shares in the last quarter. State of Wyoming increased its stake in SelectQuote by 103.4% in the 1st quarter. State of Wyoming now owns 95,382 shares of the company’s stock worth $60,000 after acquiring an additional 48,483 shares during the last quarter. EP Wealth Advisors LLC bought a new position in SelectQuote in the 2nd quarter worth about $51,000. Persistent Asset Partners Ltd purchased a new stake in shares of SelectQuote in the 2nd quarter valued at about $57,000. Finally, Corient Private Wealth LP purchased a new stake in shares of SelectQuote in the 2nd quarter valued at about $71,000. 34.59% of the stock is owned by institutional investors.
SelectQuote Company Profile
SelectQuote, Inc (NYSE: SLQT) operates a technology-enabled insurance distribution platform that helps consumers compare and purchase insurance products from third-party carriers. The company combines digital tools, proprietary data and licensed agents to connect customers with coverage suited to their needs.
SelectQuote’s primary business is its Senior segment, which provides access to Medicare Advantage, Medicare Supplement and prescription drug plans. The company has also historically offered life insurance, as well as auto and home insurance, through its Life and Auto & Home businesses.
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