In last trading session, Gogo Inc (NASDAQ:GOGO) saw 1.75 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $14.58 trading at $0.1 or 0.69% at ring of the bell on the day assigns it a market valuation of $1.93B. That closing price of GOGO’s stock is at a discount of -3.57% from its 52-week high price of $15.10 and is indicating a premium of 57.68% from its 52-week low price of $6.17. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.19 million shares which gives us an average trading volume of 1.95 million if we extend that period to 3-months.
For Gogo Inc (GOGO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Gogo Inc (NASDAQ:GOGO) trade information
Upright in the green during last session for gaining 0.69%, in the last five days GOGO remained trading in the green while hitting it’s week-highest on Thursday, 06/26/25 when the stock touched $14.58 price level, adding 1.02% to its value on the day. Gogo Inc’s shares saw a change of 60.04% in year-to-date performance and have moved 1.25% in past 5-day. Gogo Inc (NASDAQ:GOGO) showed a performance of 31.23% in past 30-days. Number of shares sold short was 21.25 million shares which calculate 11.93 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 16.5 to the stock, which implies a rise of 11.64% to its current value. Analysts have been projecting 16.5 as a low price target for the stock while placing it at a high target of 16.5. It follows that stock’s current price would drop -13.17% in reaching the projected high whereas dropping to the targeted low would mean a loss of -13.17% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around 353.33% while estimates for its earnings growth in next 5 years are of 109.16%.
Gogo Inc (NASDAQ:GOGO)’s Major holders
Insiders are in possession of 24.82% of company’s total shares while institution are holding 76.29 percent of that, with stock having share float percentage of 101.47%. Investors also watch the number of corporate investors in a company very closely, which is 76.29% institutions for Gogo Inc that are currently holding shares of the company. GTCR LLC is the top institutional holder at GOGO for having 31.74 million shares of worth $305.33 million. And as of 2024-06-30, it was holding 24.7391 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 9.85 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.6753 of outstanding shares, having a total worth of $94.73 million.
