Goosehead Insurance (NASDAQ:GSHD) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: Twelve analysts rate Goosehead Insurance an average "Moderate Buy" (seven buys, five holds) with a 12‑month average target of $80.78.
• Latest quarter showed mixed results: EPS of $0.64 beat estimates of $0.54, but revenue of $78.2M missed the $99.7M consensus and the company reported a negative return on equity of 21.31% (net margin 7.62%).
• Insider and institutional activity notable — Director Louis Goldberg bought 5,575 shares at $44.85, insiders hold 48.35% of shares, and firms including Goldman Sachs materially increased their stakes.

Goosehead Insurance (NASDAQ:GSHD - Get Free Report) has been given an average rating of "Moderate Buy" by the twelve ratings firms that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $80.7778.

Several analysts recently commented on the stock. BMO Capital Markets cut their price objective on shares of Goosehead Insurance from $79.00 to $55.00 and set a "market perform" rating on the stock in a research report on Wednesday, February 18th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Goosehead Insurance in a report on Wednesday, January 28th. UBS Group dropped their target price on shares of Goosehead Insurance from $121.00 to $90.00 and set a "buy" rating on the stock in a research note on Monday, February 23rd. Citizens Jmp cut their price target on shares of Goosehead Insurance from $140.00 to $125.00 and set a "market outperform" rating on the stock in a report on Wednesday, February 18th. Finally, Cantor Fitzgerald set a $84.00 price objective on Goosehead Insurance in a research report on Monday, February 23rd.

Goosehead Insurance Trading Up 0.5%

Shares of NASDAQ:GSHD opened at $44.17 on Friday. The stock has a fifty day simple moving average of $58.93 and a two-hundred day simple moving average of $68.72. Goosehead Insurance has a 12-month low of $42.87 and a 12-month high of $127.99. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 42.47, a PEG ratio of 3.11 and a beta of 1.57.

Goosehead Insurance (NASDAQ:GSHD - Get Free Report) last released its earnings results on Tuesday, February 17th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.10. The firm had revenue of $78.20 million for the quarter, compared to analysts' expectations of $99.67 million. Goosehead Insurance had a negative return on equity of 21.31% and a net margin of 7.62%.The company's quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.79 earnings per share. As a group, equities research analysts predict that Goosehead Insurance will post 0.83 EPS for the current year.

Insider Transactions at Goosehead Insurance

In related news, Director Louis Goldberg purchased 5,575 shares of the company's stock in a transaction dated Friday, February 20th. The shares were purchased at an average price of $44.85 per share, with a total value of $250,038.75. Following the acquisition, the director directly owned 5,575 shares in the company, valued at $250,038.75. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 48.35% of the company's stock.

Institutional Investors Weigh In On Goosehead Insurance

A number of hedge funds have recently added to or reduced their stakes in GSHD. AQR Capital Management LLC boosted its stake in shares of Goosehead Insurance by 85.7% in the 1st quarter. AQR Capital Management LLC now owns 4,332 shares of the company's stock worth $511,000 after buying an additional 1,999 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Goosehead Insurance by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,369 shares of the company's stock valued at $1,578,000 after acquiring an additional 578 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Goosehead Insurance by 86.6% in the first quarter. Goldman Sachs Group Inc. now owns 354,775 shares of the company's stock valued at $41,885,000 after acquiring an additional 164,693 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Goosehead Insurance by 5.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 58,395 shares of the company's stock worth $6,894,000 after purchasing an additional 3,218 shares during the last quarter. Finally, Intech Investment Management LLC boosted its position in Goosehead Insurance by 28.2% in the first quarter. Intech Investment Management LLC now owns 11,179 shares of the company's stock worth $1,320,000 after purchasing an additional 2,461 shares during the last quarter.

Goosehead Insurance Company Profile

Goosehead Insurance NASDAQ: GSHD is a technology-driven insurance agency that connects consumers with a broad range of personal and commercial insurance products through an extensive network of independent insurance advisors. The company specializes in homeowners, auto, flood, dwelling fire, umbrella, life, and commercial lines coverage, working with multiple national and regional carriers to offer tailored policies. By combining advanced quoting tools with local market expertise, Goosehead streamlines the insurance shopping process and helps clients find competitive coverage options.

Founded in 2003 and headquartered in Westlake, Texas, Goosehead has grown its footprint across more than 40 states in the U.S.

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