SelectQuote (NYSE:SLQT) Stock Rating Upgraded by Noble Financial

SelectQuote (NYSE:SLQT - Get Free Report) was upgraded by analysts at Noble Financial to a "strong-buy" rating in a note issued to investors on Wednesday,Zacks.com reports. Noble Financial also issued estimates for SelectQuote's Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at ($0.14) EPS, FY2025 earnings at ($0.07) EPS and FY2026 earnings at $0.09 EPS.

Separately, Royal Bank of Canada reissued a "sector perform" rating and issued a $4.00 target price on shares of SelectQuote in a research report on Friday, November 22nd.

SelectQuote Stock Performance

NYSE SLQT traded up $0.09 during trading hours on Wednesday, hitting $6.00. The company's stock had a trading volume of 2,237,078 shares, compared to its average volume of 942,202. SelectQuote has a 12 month low of $1.48 and a 12 month high of $6.86. The company's 50 day simple moving average is $3.99 and its two-hundred day simple moving average is $3.16. The company has a debt-to-equity ratio of 2.36, a current ratio of 6.66 and a quick ratio of 6.66. The company has a market cap of $1.03 billion, a P/E ratio of -21.41 and a beta of 1.15.

SelectQuote (NYSE:SLQT - Get Free Report) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.21. SelectQuote had a negative net margin of 3.45% and a negative return on equity of 15.00%. As a group, sell-side analysts expect that SelectQuote will post -0.2 EPS for the current fiscal year.

Institutional Investors Weigh In On SelectQuote

A number of hedge funds have recently modified their holdings of SLQT. Vanguard Group Inc. lifted its position in SelectQuote by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 7,363,421 shares of the company's stock valued at $27,392,000 after purchasing an additional 120,280 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of SelectQuote by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 3,081,391 shares of the company's stock valued at $6,688,000 after buying an additional 43,197 shares in the last quarter. State Street Corp grew its stake in shares of SelectQuote by 0.7% during the 3rd quarter. State Street Corp now owns 2,894,067 shares of the company's stock valued at $6,280,000 after acquiring an additional 21,413 shares during the period. Captrust Financial Advisors increased its holdings in SelectQuote by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 1,542,010 shares of the company's stock worth $5,736,000 after acquiring an additional 73,627 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in SelectQuote by 0.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,191,701 shares of the company's stock worth $4,433,000 after acquiring an additional 10,038 shares during the period. Institutional investors own 34.59% of the company's stock.

SelectQuote Company Profile

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.