SelectQuote (NYSE:SLQT) Issues Quarterly Earnings Results

SelectQuote (NYSE:SLQT) announced its earnings results on Monday. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.08), RTT News reports. SelectQuote had a negative net margin of 3.45% and a negative return on equity of 15.00%. The company had revenue of $292.26 million for the quarter, compared to the consensus estimate of $275.15 million. During the same period in the previous year, the firm posted ($0.19) EPS. SelectQuote updated its FY 2025 guidance to EPS.

SelectQuote Price Performance

Shares of NYSE:SLQT traded down $0.08 during trading on Thursday, hitting $2.26. 356,002 shares of the company’s stock were exchanged, compared to its average volume of 1,028,461. The business’s 50-day simple moving average is $2.43 and its 200 day simple moving average is $2.82. The company has a debt-to-equity ratio of 2.36, a current ratio of 6.66 and a quick ratio of 6.84. SelectQuote has a 52-week low of $1.03 and a 52-week high of $4.46. The company has a market cap of $387.51 million, a price-to-earnings ratio of -8.38 and a beta of 1.06.

Analyst Ratings Changes

SLQT has been the subject of several recent analyst reports. Craig Hallum assumed coverage on SelectQuote in a research report on Monday, September 30th. They issued a “buy” rating and a $4.50 price target for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $4.00 target price on shares of SelectQuote in a research report on Tuesday, October 29th.

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.