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The closing price of Gogo Inc (NASDAQ: GOGO) was $6.87 for the day, down -1.15% from the previous closing price of $6.95. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 1.31 million shares were traded. GOGO stock price reached its highest trading level at $7.14 during the session, while it also had its lowest trading level at $6.775.
Ratios:
Our analysis of GOGO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.16. For the most recent quarter (mrq), Quick Ratio is recorded 2.81 and its Current Ratio is at 3.58. In the meantime, Its Debt-to-Equity ratio is 12.72 whereas as Long-Term Debt/Eq ratio is at 12.37.
On November 01, 2022, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also upped its target price recommendation from $14 to $15.
JP Morgan Upgraded its Underweight to Neutral on October 07, 2021, while the target price for the stock was maintained at $16.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOGO now has a Market Capitalization of 898451712 and an Enterprise Value of 1346262400. As of this moment, Gogo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.09, and their Forward P/E ratio for the next fiscal year is 18.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.14 while its Price-to-Book (P/B) ratio in mrq is 16.44. Its current Enterprise Value per Revenue stands at 3.326 whereas that against EBITDA is 11.091.
Stock Price History:
The Beta on a monthly basis for GOGO is 0.71, which has changed by -0.21843004 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, GOGO has reached a high of $11.00, while it has fallen to a 52-week low of $6.17. The 50-Day Moving Average of the stock is -11.96%, while the 200-Day Moving Average is calculated to be -14.66%.
Shares Statistics:
GOGO traded an average of 1.12M shares per day over the past three months and 1397100 shares per day over the past ten days. A total of 126.14M shares are outstanding, with a floating share count of 61.09M. Insiders hold about 51.43% of the company’s shares, while institutions hold 54.65% stake in the company. Shares short for GOGO as of 1740700800 were 24134740 with a Short Ratio of 21.54, compared to 1738281600 on 21943572. Therefore, it implies a Short% of Shares Outstanding of 24134740 and a Short% of Float of 35.57.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The dynamic stock of Gogo Inc (GOGO) is currently attracting attention from 1.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.11, with high estimates of $0.11 and low estimates of $0.11.
Analysts are recommending an EPS of between $0.66 and $0.66 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is $0.59, with 1.0 analysts recommending between $0.59 and $0.59.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $99.13M to a low estimate of $95.78M. As of the current estimate, Gogo Inc’s year-ago sales were $97.81MFor the next quarter, 3 analysts are estimating revenue of $100.04M. There is a high estimate of $100.2M for the next quarter, whereas the lowest estimate is $99.87M.
A total of 5 analysts have provided revenue estimates for GOGO’s current fiscal year. The highest revenue estimate was $406.04M, while the lowest revenue estimate was $402.69M, resulting in an average revenue estimate of $404.5M. In the same quarter a year ago, actual revenue was $397.58MBased on 5 analysts’ estimates, the company’s revenue will be $447.77M in the next fiscal year. The high estimate is $464.93M and the low estimate is $438M.
