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Gogo (GOGO)
NASDAQ:GOGO
Gogo (GOGO) Stock Price & Analysis
588 Followers
GOGO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.53 - $17.94
Previous Close$10.77
Volume642.21K
Average Volume (3M)994.13K
Market Cap
$1.37B
Enterprise Value$1.90B
Total Cash (Recent Filing)$139.04M
Total Debt (Recent Filing)$667.80M
Price to Earnings (P/E)9.2
Beta1.25
Next Earnings
Aug 02, 2024EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.17
Shares Outstanding127,104,716
10 Day Avg. Volume995,173
30 Day Avg. Volume994,132
Standard Deviation0.24
R-Squared0.05
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-91.74
Price to Sales (P/S)14.00
Price to Cash Flow (P/CF)13.10
P/FCF Ratio12.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.08
Enterprise Value/Gross Profit3.35
Enterprise Value/Ebitda12.51
Forecast
1Y Price Target
$12.00Price Target Upside11.42% Upside
Rating ConsensusHold
Number of Analyst Covering4
Gogo News
PremiumPress Releases
Gogo Announces First Quarter Results
PremiumCompany Announcements
Gogo Inc. CEO Oakleigh Thorne’s Contract Extended and Revised
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGogo delivered record service revenue, showcasing its financial strength and potential for continued growth.
Market OutlookManagement's confidence in the sustained demand for private aviation suggests a stable and expanding market for Gogo's services.
Product UsageSignificant increase in data consumption per flight hour reflects Gogo's strong customer engagement and satisfaction.
Bears Say
Company GuidanceShares have fallen significantly, driven by guidance revisions, a delayed product launch timeline, and fears of disruption across the broader satellite communications market.
Financial PerformanceEquipment revenue was down due to a slowdown in orders ahead of expected new product launches, indicating a possible decline in market demand.
Product Launch DelaysThe company's 5G product rollout has been delayed due to chip availability issues, leading to concerns around potential share loss to competitors like Starlink.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
GOGO FAQ
What was Gogo’s price range in the past 12 months?
Gogo lowest stock price was $7.53 and its highest was $17.94 in the past 12 months.
What is Gogo’s market cap?
Currently, no data Available
When is Gogo’s upcoming earnings report date?
Gogo’s upcoming earnings report date is Aug 02, 2024 which is in 75 days.
How were Gogo’s earnings last quarter?
Gogo released its earnings results on May 07, 2024. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.067 by $0.163.
Is Gogo overvalued?
According to Wall Street analysts Gogo’s price is currently Undervalued.
Does Gogo pay dividends?
Gogo does not currently pay dividends.
What is Gogo’s EPS estimate?
Gogo’s EPS estimate is $0.07.
How many shares outstanding does Gogo have?
Gogo has 127,104,710 shares outstanding.
What happened to Gogo’s price movement after its last earnings report?
Gogo reported an EPS of $0.23 in its last earnings report, beating expectations of $0.067. Following the earnings report the stock price went up 6.27%.
Which hedge fund is a major shareholder of Gogo?
Among the largest hedge funds holding Gogo’s share is SCP Investment, LP. It holds Gogo’s shares valued at 10M.
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Gogo Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$12.00 (11.42% Upside)
$12.00 (11.42% Upside)
Blogger Sentiment
Bullish
GOGO Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 501.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.07%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
6.55%
Trailing 12-Months
Company Description
Gogo
Gogo, Inc. engages in the provision of in-flight broadband connectivity and wireless entertainment services. It operates through the following segments: Commercial Aviation North American (CA-NA); Commercial Aviation Rest of World (CA-ROW); and Business Aviation (BA). The CA-NA segment offers a broad range of connectivity and entertainment services to commercial airlines flying routes. The CA-ROW segment covers satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American based commercial airlines when flying routes outside of North America. The BA segment comprises of a broad suite of in-flight Internet connectivity and other voice and data communications products and services under its Gogo Business Aviation brand to the business aviation market. The company was founded in 1991 and is headquartered in Chicago, IL.
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GOGO Earnings Call
Q1 2024
0:00 / 0:00
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GOGO Stock 12 Month Forecast
Average Price Target
$12.00
▲(11.42% Upside)
Technical Analysis
Best Analysts Covering GOGO
1 Year
1 Year Success Rate
9/19 ratings generated profit
1 Year Average Return
+22.23%
reiterated a buy rating 5 months ago
Copying Scott Searle's trades and holding each position for 1 Year would result in 47.37% of your transactions generating a profit, with an average return of +22.23% per trade.
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