A share price of SelectQuote Inc [SLQT] is currently trading at $2.24, up 5.16%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SLQT shares have gain 5.66% over the last week, with a monthly amount drifted -37.60%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
SelectQuote Inc [NYSE: SLQT] stock has seen the most recent analyst activity on September 30, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $4.50. Previously, Noble Capital Markets started tracking the stock with Outperform rating on February 29, 2024, and set its price target to $5. RBC Capital Mkts reiterated its Sector Perform rating and decreased its price target to $3 on February 08, 2022. Barclays reiterated its recommendation of a Equal Weight and reduced its price target to $5 on February 08, 2022. Piper Sandler 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, Credit Suisse downgraded an Neutral rating on this stock and revised its target price from $14 to $4.
SelectQuote Inc experienced fluctuations in its stock price throughout the past year 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 $2.24 at the most recent close of the market. An investor can expect a potential drop of -3.13% based on the average SLQT price forecast.
Analyzing the SLQT fundamentals
Trailing Twelve Months sales for SelectQuote Inc [NYSE:SLQT] were 1.32B which represents 38.52% growth. 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 2.14 points at the first support level, and at 2.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.29, and for the 2nd resistance point, it is at 2.35.
Ratios To Look Out For
To put it in perspective, the Current Ratio for SelectQuote Inc [NYSE:SLQT] is 1.91. Further, the Quick Ratio stands at 1.86, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 1.20.
