SelectQuote (NYSE:SLQT) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

SelectQuote (NYSE:SLQT) released its quarterly earnings results on Thursday. The company reported ($0.26) EPS for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.01, Zacks reports. SelectQuote had a return on equity of 6.35% and a net margin of 3.12%.The business had revenue of $328.81 million for the quarter, compared to analyst estimates of $323.68 million. SelectQuote updated its FY 2026 guidance to EPS.

SelectQuote Stock Performance

NYSE SLQT traded down $0.06 during trading on Friday, reaching $1.63. The company’s stock had a trading volume of 971,972 shares, compared to its average volume of 1,555,264. The firm has a 50 day moving average price of $2.03 and a 200 day moving average price of $2.22. The firm has a market capitalization of $285.81 million, a price-to-earnings ratio of 32.50 and a beta of 1.26. The company has a current ratio of 5.68, a quick ratio of 5.68 and a debt-to-equity ratio of 0.90. SelectQuote has a 12 month low of $1.62 and a 12 month high of $6.86.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. boosted its position in shares of SelectQuote by 90.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 16,133 shares of the company’s stock worth $38,000 after purchasing an additional 7,675 shares in the last quarter. Caxton Associates LLP purchased a new position in SelectQuote during the first quarter valued at approximately $172,000. AQR Capital Management LLC boosted its position in shares of SelectQuote by 37.8% during the 1st quarter. AQR Capital Management LLC now owns 53,081 shares of the company’s stock valued at $177,000 after acquiring an additional 14,551 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of SelectQuote by 46.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 80,452 shares of the company’s stock valued at $191,000 after purchasing an additional 25,481 shares during the last quarter. Finally, Brevan Howard Capital Management LP bought a new position in shares of SelectQuote in the second quarter worth approximately $192,000. 34.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SLQT. Zacks Research raised shares of SelectQuote from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 22nd. Weiss Ratings reissued a “sell (d)” rating on shares of SelectQuote in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada decreased their price objective on SelectQuote from $7.00 to $6.00 and set a “sector perform” rating for the company in a research report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $4.38.

SelectQuote Company Profile

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.