GoHealth (NASDAQ:GOCO) Stock Rating Upgraded by Wall Street Zen

GoHealth (NASDAQ:GOCO - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "hold" rating in a note issued to investors on Sunday.

Separately, Royal Bank Of Canada reissued a "sector perform" rating and issued a $18.00 price target on shares of GoHealth in a report on Monday, May 19th.

GoHealth Stock Down 1.1%

GOCO traded down $0.06 on Friday, hitting $5.54. The company had a trading volume of 56,162 shares, compared to its average volume of 43,357. The stock has a fifty day moving average price of $7.64 and a 200-day moving average price of $11.85. GoHealth has a 12-month low of $5.37 and a 12-month high of $21.00. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market capitalization of $131.52 million, a price-to-earnings ratio of -4.62 and a beta of 1.49.

GoHealth (NASDAQ:GOCO - Get Free Report) last posted its earnings results on Tuesday, May 13th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.21). GoHealth had a net margin of 0.23% and a negative return on equity of 7.10%. The company had revenue of $220.97 million during the quarter, compared to analysts' expectations of $225.91 million. Analysts predict that GoHealth will post -5.5 EPS for the current fiscal year.

Institutional Investors Weigh In On GoHealth

Several institutional investors have recently added to or reduced their stakes in the business. 4D Advisors LLC acquired a new stake in GoHealth in the first quarter worth about $1,840,000. Geode Capital Management LLC boosted its holdings in GoHealth by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 105,514 shares of the company's stock worth $1,413,000 after acquiring an additional 1,779 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in GoHealth in the fourth quarter worth about $675,000. Citadel Advisors LLC acquired a new stake in GoHealth in the fourth quarter worth about $664,000. Finally, Northern Trust Corp boosted its holdings in GoHealth by 11.6% in the fourth quarter. Northern Trust Corp now owns 48,427 shares of the company's stock worth $648,000 after acquiring an additional 5,040 shares in the last quarter. Institutional investors and hedge funds own 24.21% of the company's stock.

GoHealth Company Profile

GoHealth, Inc operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs.