SelectQuote (SLQT) Stock Price, News & Analysis

Company Overview

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. The company also provides SelectRx, an accredited patient-centered pharmacy home pharmacy, which offers essential prescription medications, OTC medications, customized medication packaging, medication therapy management, and long-term pharmacy care; and population health that helps members understand the benefits available under their health plans, and contracts with insurance carriers. SelectQuote, Inc. was incorporated in 1999 and is headquartered in Overland Park, Kansas.

Key Stats

• Today's Range: $2.89 to $3.23
• 50-Day Range: $1.84 to $3.35
• 52-Week Range: $1.03 to $4.46
• Volume: 1.61 million shs
• Average Volume: 1.01 million shs
• Market Capitalization: $519.66 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.50
• Consensus Rating: Moderate Buy

SelectQuote Stock Analysis - MarketRank™

SelectQuote scored higher than 54% of companies evaluated by MarketBeat, and ranked 584th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

SelectQuote has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

SelectQuote has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for SelectQuote are expected to grow in the coming year, from ($0.20) to $0.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SelectQuote is -10.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of SelectQuote is -10.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

SelectQuote has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.35% of the float of SelectQuote has been sold short.

Short Interest Ratio / Days to Cover

SelectQuote has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SelectQuote has recently decreased by 13.27%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SelectQuote does not currently pay a dividend.

Dividend Growth

SelectQuote does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.35% of the float of SelectQuote has been sold short.

Short Interest Ratio / Days to Cover

SelectQuote has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SelectQuote has recently decreased by 13.27%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.61

News Sentiment

SelectQuote has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for SelectQuote this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for SLQT on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added SelectQuote to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SelectQuote insiders have not sold or bought any company stock.

Percentage Held by Insiders

11.40% of the stock of SelectQuote is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 34.59% of the stock of SelectQuote is held by institutions.

SLQT Stock Analysis - Frequently Asked Questions

How have SLQT shares performed this year?

SelectQuote's stock was trading at $1.37 at the beginning of 2024. Since then, SLQT shares have increased by 121.2% and is now trading at $3.03.
View the best growth stocks for 2024 here.

How were SelectQuote's earnings last quarter?

SelectQuote, Inc. (NYSE:SLQT) announced its quarterly earnings results on Monday, November, 4th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by $0.08. The company earned $292.26 million during the quarter, compared to the consensus estimate of $275.15 million. SelectQuote had a negative trailing twelve-month return on equity of 15.00% and a negative net margin of 3.45%.

When did SelectQuote IPO?

SelectQuote (SLQT) raised $450 million in an initial public offering on Thursday, May 21st 2020. The company issued 25,000,000 shares at a price of $17.00-$19.00 per share. Credit Suisse, Morgan Stanley, Evercore ISI, RBC Capital Markets, Barclays, Citigroup and Jefferies served as the underwriters for the IPO and Cantor, Keefe Bruyette & Woods (A Stifel Company), Piper Sandler and Drexel Hamilton were co-managers.

Who are SelectQuote's major shareholders?

Top institutional investors of SelectQuote include Geode Capital Management LLC (1.80%), State Street Corp (1.69%), Captrust Financial Advisors (0.86%) and Charles Schwab Investment Management Inc. (0.69%). Insiders that own company stock include William Thomas Grant III, Joshua Brandon Matthews, W Thomas Grant II, Raymond F Weldon and Robert Clay Grant.
View institutional ownership trends.

How do I buy shares of SelectQuote?

Shares of SLQT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SelectQuote own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SelectQuote investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 12/21/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Insurance agents, brokers, & service
• Sub-Industry: Insurance
• Current Symbol: NYSE:SLQT
• CUSIP: N/A
• CIK: 1794783
• Web: www.selectquote.com
• Phone: 913-599-9225
• Fax: N/A
• Employees: 4,292
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.50
• High Stock Price Target: $5.00
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +48.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.28)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-34,120,000.00
• Net Margins: -3.45%
• Pretax Margin: -1.47%
• Return on Equity: -15.00%
• Return on Assets: -3.95%

Debt

• Debt-to-Equity Ratio: 2.36
• Current Ratio: 6.66
• Quick Ratio: 6.66

Sales & Book Value

• Annual Sales: $1.38 billion
• Price / Sales: 0.38
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.87 per share
• Price / Book: 1.62

Miscellaneous

• Outstanding Shares: 171,505,000
• Free Float: 151,953,000
• Market Cap: $519.66 million
• Optionable: Optionable
• Beta: 1.22