At the time of writing, SelectQuote Inc [SLQT] stock is trading at $1.98, saw in change for the day. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SLQT shares have gain 8.20% over the last week, with a monthly amount drifted -42.77%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
SelectQuote Inc [NYSE: SLQT] stock has seen the most recent analyst activity on February 29, 2024, when Noble Capital Markets initiated its Outperform rating and assigned the stock a price target of $5. On February 08, 2022, RBC Capital Mkts reiterated its Sector Perform rating and revised its price target to $3 on the stock. Barclays reiterated its Equal Weight rating and decreased its price target to $5 on February 08, 2022. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $4 on February 08, 2022. Credit Suisse downgraded its rating to Neutral for this stock on February 08, 2022, and downed its price target to $4. In a note dated February 08, 2022, Citigroup downgraded an Neutral rating on this stock and revised its target price from $14 to $4.
For the past year, the stock price of SelectQuote Inc fluctuated between $1.03 and $4.46. Currently, Wall Street analysts expect the stock to reach $2.17 within the next 12 months. SelectQuote Inc [NYSE: SLQT] shares were valued at $1.98 at the most recent close of the market. An investor can expect a potential return of 9.6% based on the average SLQT price forecast.
Analyzing the SLQT fundamentals
According to SelectQuote Inc [NYSE:SLQT], the company’s sales were 1.32B for trailing twelve months, which represents an 38.52% jump. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.1 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.9067 points at the first support level, and at 1.8333 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.0367, and for the 2nd resistance point, it is at 2.0933.
Ratios To Look Out For
It is important to note that SelectQuote Inc [NYSE:SLQT] has a current ratio of 1.91. In addition, the Quick Ratio stands at 1.86 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 0.26, the price to book ratio is 1.06.
