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Noble Financial Expects Reduced Earnings for SelectQuote

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SelectQuote, Inc. (NYSE:SLQT - Free Report) - Stock analysts at Noble Financial reduced their FY2025 earnings per share (EPS) estimates for SelectQuote in a research report issued on Tuesday, November 5th. Noble Financial analyst M. Kupinski now forecasts that the company will earn ($0.20) per share for the year, down from their previous forecast of ($0.16). The consensus estimate for SelectQuote's current full-year earnings is ($0.16) per share. Noble Financial also issued estimates for SelectQuote's Q4 2025 earnings at ($0.09) EPS.

Other equities research analysts have also recently issued research reports about the stock. Craig Hallum began coverage on shares of SelectQuote in a research note on Monday, September 30th. They set a "buy" rating and a $4.50 target price on the stock. Royal Bank of Canada reissued a "sector perform" rating and issued a $4.00 price objective on shares of SelectQuote in a research report on Tuesday, October 29th.

View Our Latest Report on SLQT

SelectQuote Trading Down 3.6 %

Shares of SLQT stock traded down $0.08 during trading hours on Thursday, reaching $2.26. The company's stock had a trading volume of 1,076,128 shares, compared to its average volume of 1,031,795. The company has a current ratio of 6.66, a quick ratio of 6.84 and a debt-to-equity ratio of 2.36. SelectQuote has a one year low of $1.03 and a one year high of $4.46. The firm's fifty day simple moving average is $2.40 and its 200 day simple moving average is $2.82. The stock has a market capitalization of $386.65 million, a P/E ratio of -8.11 and a beta of 1.06.

SelectQuote (NYSE:SLQT - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported ($0.26) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.08). The firm had revenue of $292.26 million during the quarter, compared to analysts' expectations of $275.15 million. SelectQuote had a negative return on equity of 15.00% and a negative net margin of 3.45%. During the same period last year, the business posted ($0.19) EPS.

Hedge Funds Weigh In On SelectQuote

Large investors have recently modified their holdings of the company. TFB Advisors LLC bought a new position in shares of SelectQuote in the second quarter valued at approximately $29,000. Headlands Technologies LLC bought a new stake in shares of SelectQuote in the first quarter valued at about $36,000. Public Employees Retirement System of Ohio increased its holdings in SelectQuote by 882.6% in the 1st quarter. Public Employees Retirement System of Ohio now owns 19,946 shares of the company's stock valued at $40,000 after buying an additional 17,916 shares during the period. Quadrature Capital Ltd acquired a new position in shares of SelectQuote in the 1st quarter worth approximately $40,000. Finally, Price T Rowe Associates Inc. MD increased its position in shares of SelectQuote by 18.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 41,414 shares of the company's stock worth $83,000 after purchasing an additional 6,555 shares in the last quarter. 34.59% of the stock is currently owned by hedge funds and other institutional investors.

SelectQuote Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for SelectQuote (NYSE:SLQT)

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