Goosehead Insurance (NASDAQ:GSHD) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Analyst consensus: Hold — 14 brokerages cover Goosehead with 2 sell, 5 hold and 7 buy ratings, and an average 1‑year price target of $67.73.
• Mixed quarterly results: GAAP EPS of $0.37 beat estimates ($0.20) but revenue of $79.48M missed the $105.16M estimate; the stock trades around $43.52 (1‑year range $39.64–$114.76) with a market cap of about $1.55B.
• Significant insider and institutional moves — director Louis Goldberg bought 5,575 shares at $44.85, Goldman Sachs raised its stake to 354,775 shares, and insiders now own roughly 38% of the company.

Shares of Goosehead Insurance (NASDAQ:GSHD - Get Free Report) have received a consensus recommendation of "Hold" from the fourteen brokerages that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $67.7273.

A number of analysts recently weighed in on the company. UBS Group lifted their price target on Goosehead Insurance from $81.00 to $85.00 and gave the company a "buy" rating in a research note on Monday, April 27th. JPMorgan Chase & Co. decreased their price target on Goosehead Insurance from $68.00 to $58.00 and set a "neutral" rating on the stock in a research note on Thursday, April 9th. Citigroup restated an "outperform" rating on shares of Goosehead Insurance in a research note on Wednesday, February 18th. Keefe, Bruyette & Woods lifted their price target on Goosehead Insurance from $75.00 to $80.00 and gave the company an "outperform" rating in a research note on Thursday, April 23rd. Finally, Truist Financial decreased their price target on Goosehead Insurance from $72.00 to $58.00 and set a "hold" rating on the stock in a research note on Wednesday, February 18th.

Goosehead Insurance Price Performance

Goosehead Insurance stock opened at $43.52 on Friday. Goosehead Insurance has a 1-year low of $39.64 and a 1-year high of $114.76. The company has a market cap of $1.55 billion, a PE ratio of 38.18, a price-to-earnings-growth ratio of 1.60 and a beta of 1.63. The stock's 50 day moving average price is $45.57 and its 200 day moving average price is $60.61.

Goosehead Insurance (NASDAQ:GSHD - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.20 by $0.17. Goosehead Insurance had a negative return on equity of 20.96% and a net margin of 7.94%.The firm had revenue of $79.48 million for the quarter, compared to the consensus estimate of $105.16 million. During the same period in the previous year, the business earned $0.26 earnings per share. The company's revenue for the quarter was up 23.1% compared to the same quarter last year. On average, equities research analysts anticipate that Goosehead Insurance will post 1.4 EPS for the current fiscal year.

Insider Buying and Selling

In other Goosehead Insurance news, Director Louis Goldberg purchased 5,575 shares of the firm's stock in a transaction that occurred on Friday, February 20th. The shares were purchased at an average cost of $44.85 per share, for a total transaction of $250,038.75. Following the completion of the purchase, the director directly owned 5,575 shares in the company, valued at $250,038.75. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder & Robyn Jones Descendants Mark sold 5,307 shares of Goosehead Insurance stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $48.07, for a total value of $255,107.49. Following the transaction, the insider directly owned 7,214,193 shares of the company's stock, valued at approximately $346,786,257.51. This represents a 0.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 38.07% of the stock is owned by insiders.

Hedge Funds Weigh In On Goosehead Insurance

Several hedge funds and other institutional investors have recently bought and sold shares of GSHD. AQR Capital Management LLC raised its holdings in Goosehead Insurance by 85.7% during the first quarter. AQR Capital Management LLC now owns 4,332 shares of the company's stock worth $511,000 after purchasing an additional 1,999 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Goosehead Insurance by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,369 shares of the company's stock worth $1,578,000 after purchasing an additional 578 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Goosehead Insurance by 86.6% during the first quarter. Goldman Sachs Group Inc. now owns 354,775 shares of the company's stock worth $41,885,000 after purchasing an additional 164,693 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Goosehead Insurance by 5.8% during 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 raised its holdings in Goosehead Insurance by 28.2% during 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.

About Goosehead Insurance

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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