During the recent session, Gogo Inc (NASDAQ:GOGO)’s traded shares were 4.3 million, with the beta value of the company hitting 0.87. At the last check today, the stock’s price was $10.66, reflecting an intraday gain of 40.77% or $3.09. The 52-week high for the GOGO share is $11.00, that puts it down -3.19 from that peak though still a striking 42.12% gain since the share price plummeted to a 52-week low of $6.17. The company’s market capitalization is $1.41B, and the average trade volume was 1.60 million shares over the past three months.
Gogo Inc (GOGO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. GOGO has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.11.
Gogo Inc (NASDAQ:GOGO) trade information
Gogo Inc (GOGO) registered a 40.77% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 40.77% in intraday trading to $10.66, hitting a weekly high. The stock’s 5-day price performance is 36.62%, and it has moved by 39.12% in 30 days. Based on these gigs, the overall price performance for the year is 6.56%.
The consensus price target of analysts on Wall Street is $15.25, which implies an increase of 30.1% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $15 and $15.5 respectively. As a result, GOGO is trading at a discount of -45.4% off the target high and -40.71% off the low.
Gogo Inc (GOGO) estimates and forecasts
In the rating firms’ projections, revenue will increase 100.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 217.66M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 223.18M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 102.06M and 100.53M respectively. In this case, analysts expect current quarter sales to grow by 113.26% and then jump by 122.01% in the coming quarter.
While earnings are projected to return 250.00% in 2025.
GOGO Dividends
Gogo Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 9.85 million shares, is of BLACKROCK INC.’s that is approximately 7.6753% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $94.73 million.
Also, the Mutual Funds coming in first place with the largest holdings of Gogo Inc (GOGO) shares are Fidelity Securities Fund-Fidelity Small Cap Growth Fund and iShares Trust-iShares Core S&P Small-Cap ETF . Data provided on Feb 28, 2025 indicates that Fidelity Securities Fund-Fidelity Small Cap Growth Fund owns about 4.17 shares. This amounts to just over 3.15 percent of the company’s overall shares, with a $44.1 million market value. The same data shows that the other fund manager holds slightly less at 3.65, or about 2.76% of the stock, which is worth about $38.67 million.
