In the last trading session, 1.47 million Gogo Inc (NASDAQ:GOGO) shares changed hands as the company’s beta touched 0.99. With the company’s per share price at $7.50 changed hands at -$0.57 or -7.06% during last session, the market valuation stood at $943.35M. GOGO’s last price was a discount, traded about -46.67% off its 52-week high of $11.00. The share price had its 52-week low at $6.17, which suggests the last value was 17.73% up since then.
Analysts gave the Gogo Inc (GOGO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended GOGO as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Gogo Inc’s EPS for the current quarter is expected to be 0.09.
Gogo Inc (NASDAQ:GOGO) trade information
Instantly GOGO was in red as seen at the end of in last trading. With action -9.96%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -7.29%, with the 5-day performance at -9.96% in the red. However, in the 30-day time frame, Gogo Inc (NASDAQ:GOGO) is -16.29% down.
The consensus price target for the stock as assigned by Wall Street analysts is 15.5, meaning bulls need an upside of 51.61% from its current market value. According to analyst projections, GOGO’s forecast low is 15.5 with 15.5 as the target high. To hit the forecast high, the stock’s price needs a -106.67% plunge from its current level, while the stock would need to soar -106.67% for it to hit the projected low.
Gogo Inc (GOGO) estimates and forecasts
Year-over-year growth is forecast to reach 1.74% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 97.8M. 2 analysts are of the opinion that Gogo Inc’s revenue for the current quarter will be 100.04M. The company’s revenue for the corresponding quarters a year ago was 97.81M and 104.32M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -0.01%. The estimates for the next quarter sales put growth at -4.11%.
The 2025 estimates are for Gogo Inc earnings to decrease by -67.89%, but the outlook for the next 5-year period is at -17.29% per year.
GOGO Dividends
Gogo Inc is expected to release its next quarterly earnings report in March.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.6173% or 9.85 million shares worth $94.73 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund . With 3.9 shares estimated at $29.25 million under it, the former controlled 3.10% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.65% of the shares, roughly 2.07 shares worth around $15.55 million.
