Noble Financial Comments on SelectQuote, Inc.’s FY2025 Earnings (NYSE:SLQT)

SelectQuote, Inc. (NYSE:SLQT) – Equities researchers at Noble Financial issued their FY2025 earnings per share (EPS) estimates for SelectQuote in a report released on Monday, September 16th. Noble Financial analyst M. Kupinski forecasts that the company will post earnings of ($0.16) per share for the year.

SelectQuote Trading Down 3.9 %

Shares of NYSE:SLQT opened at $1.99 on Wednesday. The company has a quick ratio of 6.34, a current ratio of 6.34 and a debt-to-equity ratio of 1.87. The stock has a market cap of $336.63 million, a PE ratio of -6.22 and a beta of 1.08. The business has a 50 day moving average of $3.53 and a 200-day moving average of $2.76. SelectQuote has a 12-month low of $1.03 and a 12-month high of $4.46.

Institutional Investors Weigh In On SelectQuote

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jacobs Levy Equity Management Inc. increased its holdings in shares of SelectQuote by 229.3% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,161,593 shares of the company’s stock worth $2,323,000 after buying an additional 808,850 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of SelectQuote by 6.5% during the 2nd quarter. Renaissance Technologies LLC now owns 726,997 shares of the company’s stock worth $2,007,000 after purchasing an additional 44,397 shares in the last quarter. Bank of New York Mellon Corp lifted its position in SelectQuote by 14.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 472,849 shares of the company’s stock valued at $1,305,000 after acquiring an additional 58,481 shares in the last quarter. Panagora Asset Management Inc. lifted its position in SelectQuote by 85.5% in the 2nd quarter. Panagora Asset Management Inc. now owns 410,009 shares of the company’s stock valued at $1,132,000 after acquiring an additional 189,029 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in SelectQuote by 158.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 278,224 shares of the company’s stock valued at $768,000 after buying an additional 170,726 shares during the last quarter. 34.59% of the stock is currently owned by institutional investors.

About SelectQuote

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.