Gogo Inc. is a holding company. The Company is a provider of in-flight broadband connectivity and connectivity-enabled services to commercial and business aviation. The Company operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW) and Business Aviation (BA). The CA-NA segment offers air-to-ground (ATG) and satellite connectivity and entertainment services to commercial aircraft flying routes generally within North America. The CA-ROW segment offers satellite connectivity and entertainment services, using 2Ku and Ku solutions, to commercial aircraft flying routes outside of North America. The Company's BA segment offers a suite of integrated equipment, network and Internet connectivity products and services to the business aviation market. As of December 31, 2016, it provided services on 2,943 commercial aircraft. The Company offers a package of airborne equipment for its ATG-4/ATG and satellite services.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Wireless Telecommunications Services - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:GOGO
- CUSIP: N/A
- Web: www.gogoair.com
Capitalization:- Market Cap: $1.02053 billion
- Outstanding Shares: 86,411,000
Average Prices:- 50 Day Moving Avg: $12.45
- 200 Day Moving Avg: $10.87
- 52 Week Range: $7.80 - $13.69
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -8.12
- P/E Growth: -0.50
Sales & Book Value:- Annual Revenue: $620.21 million
- Price / Sales: 1.66
- Book Value: ($0.89) per share
- Price / Book: -13.42
Profitability:- EBIDTA: $78.98 million
- Net Margins: -22.86%
- Return on Equity: -441.18%
- Return on Assets: -10.22%
Debt:- Debt-to-Equity Ratio: -11.42%
- Current Ratio: 2.48%
- Quick Ratio: 2.26%
Misc:- Average Volume: 1.02 million shs.
- Beta: 1.77
- Short Ratio: 22.1
Frequently Asked Questions for Gogo (NASDAQ:GOGO)
What is Gogo's stock symbol?
Gogo trades on the NASDAQ under the ticker symbol "GOGO."
How were Gogo's earnings last quarter?
Gogo Inc. (NASDAQ:GOGO) released its quarterly earnings data on Thursday, May, 4th. The company reported ($0.52) EPS for the quarter, meeting analysts' consensus estimates of ($0.52). The firm had revenue of $165.41 million for the quarter, compared to analysts' expectations of $160.04 million. Gogo had a negative return on equity of 441.18% and a negative net margin of 22.86%. The firm's quarterly revenue was up 16.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.31) earnings per share. View Gogo's Earnings History.
Where is Gogo's stock going? Where will Gogo's stock price be in 2017?
7 brokers have issued twelve-month price objectives for Gogo's shares. Their forecasts range from $8.00 to $19.00. On average, they anticipate Gogo's stock price to reach $14.83 in the next twelve months. View Analyst Ratings for Gogo.
Who are some of Gogo's key competitors?
Some companies that are related to Gogo include Bitauto Holdings Limited (BITA), DigitalGlobe (DGI), Diebold, Incorporated (DBD), Mercury Systems (MRCY), West Corporation (WSTC), Celestica (CLS), Rogers Corporation (ROG), MaxLinear (MXL), The Descartes Systems Group (DSGX), Pandora Media (P), Cabot Microelectronics Corporation (CCMP), Power Integrations (POWI), Neustar (NSR), TTM Technologies (TTMI), Cogent Communications Holdings (CCOI), Twilio (TWLO), Sohu.com (SOHU) and Silicon Motion Technology Corporation (SIMO).
Who are Gogo's key executives?
Gogo's management team includes the folowing people:
- Ronald T. LeMay, Executive Chairman of the Board
- Michael J. Small, President, Chief Executive Officer, Director
- Barry L. Rowan, Chief Financial Officer, Executive Vice President
- John Wade, Chief Operating Officer, Executive Vice President
- Anand K. Chari, Executive Vice President and Chief Technology Officer
- Marguerite M Elias, Executive Vice President, General Counsel and Secretary
- Jonathan B. Cobin, Executive Vice President - Global Airline Group
- Michael P Bayer, Senior Vice President, Chief Accounting Officer, Controller
- Karen Jackson, Senior Vice President - Human Resource
- Arbela Takhsh, Senior Vice President - Quality Assurance
Who owns Gogo stock?
Gogo's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.67%), Hodges Capital Management Inc. (4.76%), Valinor Management L.P. (3.02%), Elk Creek Partners LLC (2.25%), Gabelli Funds LLC (2.06%) and Frontier Capital Management Co. LLC (2.01%). Company insiders that own Gogo stock include Arbela Takhsh, Charles C Townsend, Michael Small, Oakleigh Thorne and Robert H Mundheim. View Institutional Ownership Trends for Gogo.
Who sold Gogo stock? Who is selling Gogo stock?
Gogo's stock was sold by a variety of institutional investors in the last quarter, including Valinor Management L.P., Credit Suisse AG, Gabelli Funds LLC, Bank of America Corp DE, UBS Group AG, Alliancebernstein L.P., Frontier Capital Management Co. LLC and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Gogo.
Who bought Gogo stock? Who is buying Gogo stock?
Gogo's stock was acquired by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Harbour Capital Advisors LLC, Daiwa Securities Group Inc., Engineers Gate Manager LP, First Midwest Bank Trust Division, Bank of Montreal Can, Vanguard Group Inc. and Gamco Investors INC. ET AL. Company insiders that have bought Gogo stock in the last two years include Charles C Townsend, Michael Small, Oakleigh Thorne and Robert H Mundheim. View Insider Buying and Selling for Gogo.
How do I buy Gogo stock?
Shares of Gogo can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Gogo's stock price today?
One share of Gogo stock can currently be purchased for approximately $11.94.
MarketBeat Community Rating for Gogo (NASDAQ GOGO)MarketBeat's community ratings are surveys of what our community members think about Gogo and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Gogo (NASDAQ:GOGO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 6 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.71) |
| Consensus Price Target: | $14.83 (24.23% upside) |
Analysts' Ratings History for Gogo (NASDAQ:GOGO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/31/2017 | Raymond James Financial, Inc. | Initiated Coverage | Outperform -> Outperform | $15.00 | Medium |  |
| 5/7/2017 | Dougherty & Co | Boost Price Target | Buy | $17.50 -> $19.00 | Low | |
| 1/25/2017 | Guggenheim | Initiated Coverage | Buy | $14.00 | N/A | |
| 9/30/2016 | William Blair | Reiterated Rating | Outperform | | N/A | |
| 8/31/2016 | Standpoint Research | Upgrade | Hold -> Buy | $16.00 | N/A | |
| 8/5/2016 | J P Morgan Chase & Co | Lower Price Target | Overweight | $18.00 -> $17.00 | N/A | |
| 7/28/2016 | Morgan Stanley | Lower Price Target | Underweight | $11.00 -> $8.00 | N/A | |
| 2/23/2016 | Macquarie | Reiterated Rating | Neutral | $19.00 -> $13.00 | N/A | |
(Data available from 6/24/2015 forward)
Earnings History for Gogo (NASDAQ:GOGO)Earnings History by Quarter for Gogo (NASDAQ GOGO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/4/2017 | Q1 2017 | ($0.52) | ($0.52) | $160.04 million | $165.41 million | View | Listen | |
| 2/27/2017 | Q416 | ($0.46) | ($0.34) | $152.03 million | $160.00 million | View | Listen | |
| 11/3/2016 | Q316 | ($0.45) | ($0.42) | $146.77 million | $147.30 million | View | Listen | |
| 8/4/2016 | Q216 | ($0.40) | ($0.31) | $141.46 million | $147.50 million | View | Listen | |
| 5/6/2016 | Q116 | ($0.42) | ($0.31) | $138.04 million | $141.70 million | View | Listen | |
| 2/25/2016 | Q415 | ($0.41) | ($0.43) | $131.94 million | $137.80 million | View | Listen | |
| 11/5/2015 | Q315 | ($0.41) | ($0.37) | $124.15 million | $126.40 million | View | Listen | |
| 8/6/2015 | Q215 | ($0.31) | ($0.32) | $122.06 million | $121.20 million | View | Listen | |
| 5/7/2015 | Q115 | ($0.28) | ($0.24) | $112.39 million | $115.50 million | View | Listen | |
| 2/26/2015 | Q414 | ($0.31) | ($0.28) | $106.50 million | $109.20 million | View | Listen | |
| 11/10/2014 | Q3 | ($0.26) | ($0.29) | $103.70 million | $104.00 million | View | Listen | |
| 8/11/2014 | Q214 | ($0.22) | ($0.22) | $99.40 million | $99.50 million | View | Listen | |
| 5/12/2014 | Q114 | ($0.25) | ($0.20) | $94.58 million | $95.70 million | View | Listen | |
| 3/13/2014 | Q413 | ($0.27) | ($0.26) | $85.68 million | $92.60 million | View | Listen | |
| 11/11/2013 | Q313 | ($0.31) | ($0.22) | $76.80 million | $85.40 million | View | Listen | |
| 8/7/2013 | Q2 2013 | ($0.37) | ($0.23) | $73.18 million | $79.40 million | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Gogo (NASDAQ:GOGO)2017 EPS Consensus Estimate: ($1.93)
2018 EPS Consensus Estimate: ($1.67)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 3 | ($0.62) | ($0.50) | ($0.55) |
| Q2 2017 | 3 | ($0.50) | ($0.48) | ($0.49) |
| Q3 2017 | 3 | ($0.50) | ($0.46) | ($0.48) |
| Q4 2017 | 3 | ($0.49) | ($0.27) | ($0.41) |
| Q1 2018 | 1 | ($0.51) | ($0.51) | ($0.51) |
| Q2 2018 | 1 | ($0.39) | ($0.39) | ($0.39) |
| Q3 2018 | 1 | ($0.38) | ($0.38) | ($0.38) |
| Q4 2018 | 1 | ($0.39) | ($0.39) | ($0.39) |
| Q1 2019 | 1 | ($0.44) | ($0.44) | ($0.44) |
(Data provided by Zacks Investment Research)
Dividend History for Gogo (NASDAQ:GOGO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Gogo (NASDAQ:GOGO)Insider Ownership Percentage: 37.70%
Institutional Ownership Percentage: 64.62%
Insider Trades by Quarter for Gogo (NASDAQ:GOGO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 11/11/2016 | Michael Small | Insider | Buy | 50,000 | $8.94 | $447,000.00 | |
| 11/8/2016 | Robert H. Mundheim | Director | Buy | 15,000 | $9.42 | $141,300.00 | |
| 11/7/2016 | Charles C Townsend | Director | Buy | 300,000 | $9.69 | $2,907,000.00 | |
| 8/30/2016 | Arbela Takhsh | SVP | Sell | 1,785 | $11.99 | $21,402.15 | |
| 8/30/2016 | Charles C Townsend | Director | Buy | 52,867 | $11.84 | $625,945.28 | |
| 8/12/2016 | Oakleigh Thorne | Director | Buy | 31,971 | $11.24 | $359,354.04 | |
| 8/11/2016 | Robert H. Mundheim | Director | Buy | 8,500 | $11.53 | $98,005.00 | |
| 8/8/2016 | Charles C Townsend | Director | Buy | 200,000 | $10.73 | $2,146,000.00 | |
| 8/8/2016 | Michael Small | Insider | Buy | 50,000 | $10.37 | $518,500.00 | |
| 11/12/2015 | Charles C Townsend | Director | Buy | 1,100 | $15.99 | $17,589.00 | |
| 4/16/2015 | John Wade | EVP | Sell | 10,000 | $22.00 | $220,000.00 | |
| 3/17/2015 | Jonathan B Cobin | SVP | Sell | 12,980 | $21.35 | $277,123.00 | |
| 3/6/2015 | Oakleigh Thorne | Director | Buy | 4,980 | $20.04 | $99,799.20 | |
| 3/5/2015 | Anand K Chari | EVP | Sell | 43,260 | $20.00 | $865,200.00 | |
| 3/5/2015 | Michael Small | CEO | Sell | 30,000 | $20.00 | $600,000.00 | |
| 8/14/2014 | Oakleigh Thorne | Director | Buy | 8,298 | $14.56 | $120,818.88 | |
| 6/23/2014 | Niels Steenstrup | SVP | Sell | 42,875 | $19.50 | $836,062.50 | |
| 5/29/2014 | John Wade | EVP | Sell | 5,000 | $18.00 | $90,000.00 | |
| 5/28/2014 | John Wade | EVP | Sell | 31,700 | $17.02 | $539,534.00 | |
| 5/28/2014 | Niels Steenstrup | SVP | Sell | 1,674 | $17.50 | $29,295.00 | |
| 5/15/2014 | Charles Townsend | Director | Buy | 100,000 | $12.89 | $1,289,000.00 | |
| 5/14/2014 | Michael Small | CEO | Buy | 30,000 | $12.96 | $388,800.00 | |
| 5/14/2014 | Oakleigh Thorne | Director | Buy | 13,001 | $13.46 | $174,993.46 | |
| 6/26/2013 | Jonathan B Cobin | SVP | Buy | 1,000 | $17.00 | $17,000.00 | |
| 6/26/2013 | Michael Small | CEO | Buy | 20,000 | $17.00 | $340,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Gogo (NASDAQ:GOGO)
Latest Headlines for Gogo (NASDAQ:GOGO)
| Source: |
|
| Date | Headline |
|---|
 | Zacks: Brokerages Expect Gogo Inc. (GOGO) Will Post Earnings of -$0.48 Per Share
www.americanbankingnews.com - June 20 at 7:21 AM |
| Gogo Inc. (GOGO) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 13 at 6:42 PM |
 | Gogo Inc. to Participate in the William Blair Growth Stock Conference on June 14, 2017 - PR Newswire (press release)
www.prnewswire.com - June 9 at 10:06 AM |
 | Gogo Inc. to Participate in the William Blair Growth Stock Conference on June 14, 2017
finance.yahoo.com - June 9 at 10:06 AM |
 | GOGO: Within One Decree of Annihilation
www.streetinsider.com - June 8 at 6:29 PM |
| Gogo Inc (GOGO) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 6 at 8:33 PM |
| Gogo, Inc. – Value Analysis (NASDAQ:GOGO) : June 6, 2017
finance.yahoo.com - June 6 at 5:56 PM |
| Gogo Reaches 200 Installations of its 2Ku Technology
finance.yahoo.com - June 6 at 7:47 AM |
| Gogo, Inc. breached its 50 day moving average in a Bearish Manner : GOGO-US : June 5, 2017
finance.yahoo.com - June 5 at 10:49 AM |
| Gogo Business Aviation and Rockwell Collins Bring Airshow® Moving Map to Business Aviation
finance.yahoo.com - June 5 at 10:49 AM |
| Gogo Inc. (GOGO)
finance.yahoo.com - May 31 at 10:31 PM |
 | Gogo Stock Climbs on Positive Coverage Initiation at Raymond ... - TheStreet.com
www.thestreet.com - May 31 at 5:27 PM |
| Gogo Stock Climbs on Positive Coverage Initiation at Raymond James
finance.yahoo.com - May 31 at 5:27 PM |
| Analysts' Actions -- Gogo, iRobot, Eli Lilly, VMware and More
finance.yahoo.com - May 31 at 8:59 AM |
| Raymond James Financial, Inc. Initiates Coverage on Gogo Inc (GOGO)
www.americanbankingnews.com - May 31 at 8:40 AM |
| Analysts Expect Gogo Inc (GOGO) Will Post Quarterly Sales of $168.39 Million
www.americanbankingnews.com - May 27 at 10:05 AM |
| 3 Stocks With TrueCar-Like Return Potential
finance.yahoo.com - May 26 at 6:11 PM |
| Zacks: Brokerages Anticipate Gogo Inc (GOGO) to Announce -$0.49 Earnings Per Share
www.americanbankingnews.com - May 25 at 7:54 AM |
| Gogo Business Aviation Launches SCS Smart Cabin Systems
finance.yahoo.com - May 22 at 11:13 AM |
| EBACE: Gogo brings personal touch to IFE
finance.yahoo.com - May 22 at 11:13 AM |
| Gogo Inc (GOGO) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 19 at 8:00 PM |
| K5-Aviation is Gogo's First 2Ku Business Aviation Customer in Europe - PR Newswire (press release)
www.prnewswire.com - May 16 at 10:41 PM |
| Study: Millennials Expect Same Wi-Fi Experience in the Air as at Home - PR Newswire (press release)
www.prnewswire.com - May 16 at 10:41 PM |
| Study: Millennials Expect Same Wi-Fi Experience in the Air as at Home
finance.yahoo.com - May 16 at 11:30 AM |
| Gogo Inc (GOGO) Short Interest Down 2.3% in April
www.americanbankingnews.com - May 16 at 8:56 AM |
| K5-Aviation is Gogo's First 2Ku Business Aviation Customer in Europe
finance.yahoo.com - May 15 at 11:16 AM |
 | Here's Why Shares of Gogo Inc. Grew Nearly 15% Last Month - Motley Fool
www.fool.com - May 10 at 10:39 PM |
| Gogo Inc. to Participate in the J.P. Morgan Global Technology, Media & Telecom Conference on May 23, 2017
finance.yahoo.com - May 10 at 11:48 AM |
| Here's Why Shares of Gogo Inc. Grew Nearly 15% Last Month
finance.yahoo.com - May 8 at 5:16 PM |
| ETFs with exposure to Gogo, Inc. : May 8, 2017
finance.yahoo.com - May 8 at 5:16 PM |
| Gogo Inc (GOGO) Releases Quarterly Earnings Results, Meets Expectations
www.americanbankingnews.com - May 8 at 4:40 PM |
| Here's Why Shares of Gogo Inc. Grew Nearly 15% Last Month
www.fool.com - May 8 at 9:37 AM |
| Quarterly Reports for Gogo Inc. and Sierra Wireless Thrill the Street
finance.yahoo.com - May 8 at 8:24 AM |
| Gogo Inc (GOGO) PT Raised to $19.00
www.americanbankingnews.com - May 7 at 7:30 AM |
 | BRIEF-Gogo Qtrly loss per share $0.52
www.businessinsider.com - May 5 at 10:46 PM |
| You might hate Gogo now, but faster in-flight Wi-Fi is coming
finance.yahoo.com - May 5 at 5:42 PM |
| Gogo, Inc. :GOGO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017
finance.yahoo.com - May 5 at 5:42 PM |
| Macquarie Weighs in on Gogo Inc's Q1 2017 Earnings (GOGO)
www.americanbankingnews.com - May 5 at 7:16 AM |
 | Gogo's (GOGO) CEO Michael Small on Q1 2017 Results - Earnings ... - Seeking Alpha
seekingalpha.com - May 4 at 10:41 PM |
| Gogo Plans to Add Faster Wi-Fi to Planes
finance.yahoo.com - May 4 at 10:41 PM |
| Edited Transcript of GOGO earnings conference call or presentation 4-May-17 12:30pm GMT
finance.yahoo.com - May 4 at 10:41 PM |
 | Why Gogo Inc (GOGO) Stock Is Soaring Today - Investorplace.com
investorplace.com - May 4 at 5:38 PM |
| Gogo Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 4 at 12:05 PM |
| Investor Network: Gogo Inc. to Host Earnings Call
finance.yahoo.com - May 4 at 12:05 PM |
| Gogo reports 1Q loss
finance.yahoo.com - May 4 at 12:05 PM |
| Gogo (GOGO) Earning Somewhat Favorable News Coverage, Study Shows
www.americanbankingnews.com - May 3 at 2:14 PM |
| Gogo Inc (GOGO) Expected to Announce Quarterly Sales of $160.38 Million
www.americanbankingnews.com - May 3 at 12:25 PM |
 | Gogo Inc (GOGO) Q1 Earnings: Is a Surprise in the Cards? - Nasdaq
www.nasdaq.com - May 3 at 8:23 AM |
| Gogo Inc (GOGO) Q1 Earnings: Is a Surprise in the Cards?
finance.yahoo.com - May 2 at 7:49 PM |
| -$0.48 EPS Expected for Gogo Inc (GOGO) This Quarter
www.americanbankingnews.com - May 2 at 12:06 AM |
Gogo (GOGO) Chart for Saturday, June, 24, 2017
