NASDAQ:GOGO - Gogo Stock Price, News, & Analysis

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$3.94 -0.15 (-3.67 %)
(As of 01/20/2019 04:00 PM ET)
Previous Close$3.94
Today's Range$3.89 - $4.27
52-Week Range$2.64 - $10.84
Volume2.02 million shs
Average Volume1.79 million shs
Market Capitalization$344.58 million
P/E Ratio-1.82
Dividend YieldN/A
Beta0.96
Gogo Inc., through its subsidiaries, provides inflight broadband connectivity and wireless entertainment services to the aviation industry in the United States and internationally. It 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 inflight connectivity and wireless digital entertainment solutions to commercial airline passengers flying routes that generally begin and end within North America. The CA-ROW segment provides inflight connectivity and wireless digital entertainment solutions to passengers flying on foreign-based commercial airlines and flights outside of North America for North American based commercial airlines. The BA segment offers equipment for inflight connectivity, including voice and data services to the business aviation market. Its services include AVANCE, an inflight broadband service that utilizes air-to-ground (ATG) network and ATG spectrum; Passenger Entertainment, an inflight entertainment service; and satellite-based voice and data services through strategic alliances with satellite companies. This segment serves aircraft manufacturers, owners, and operators, as well as government and military entities. The company was founded in 1991 and is headquartered in Chicago, Illinois.

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Industry, Sector and Symbol

Industry Communication services, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:GOGO
CUSIPN/A
Phone312-517-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$699.09 million
Book Value($2.21) per share

Profitability

Net Income$-171,990,000.00

Miscellaneous

Employees1,244
Market Cap$344.58 million
OptionableOptionable

Gogo (NASDAQ:GOGO) Frequently Asked Questions

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) posted its quarterly earnings results on Tuesday, November, 6th. The technology company reported ($0.47) EPS for the quarter, topping the Zacks' consensus estimate of ($0.71) by $0.24. The technology company earned $217.26 million during the quarter, compared to the consensus estimate of $212.01 million. The company's revenue for the quarter was up 25.7% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.57) earnings per share. View Gogo's Earnings History.

When is Gogo's next earnings date?

Gogo is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Gogo.

What guidance has Gogo issued on next quarter's earnings?

Gogo issued an update on its FY 2018 earnings guidance on Tuesday, November, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $865-935 million, compared to the consensus revenue estimate of $894.69 million.

What price target have analysts set for GOGO?

7 brokers have issued 1-year price objectives for Gogo's shares. Their forecasts range from $2.00 to $15.00. On average, they expect Gogo's share price to reach $8.50 in the next twelve months. This suggests a possible upside of 115.7% from the stock's current price. View Analyst Price Targets for Gogo.

What is the consensus analysts' recommendation for Gogo?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gogo.

Has Gogo been receiving favorable news coverage?

News coverage about GOGO stock has trended somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gogo earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days.

Are investors shorting Gogo?

Gogo saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 29,440,634 shares, an increase of 7.1% from the December 14th total of 27,481,408 shares. Based on an average daily volume of 1,892,759 shares, the days-to-cover ratio is presently 15.6 days. Currently, 52.3% of the shares of the stock are short sold. View Gogo's Current Options Chain.

Who are some of Gogo's key competitors?

Who are Gogo's key executives?

Gogo's management team includes the folowing people:
  • Mr. Oakleigh B. Thorne, Pres, CEO & Director (Age 61)
  • Mr. Barry L. Rowan, CFO & Exec. VP (Age 62)
  • Mr. Jonathan B. Cobin, Chief Strategy Officer & Exec. VP of Corp. Devel. (Age 46)
  • Mr. John Wade, Pres of Commercial Aviation Division (Age 56)
  • Mr. Anand K. Chari, Strategic Technology Advisor (Age 52)

Who are Gogo's major shareholders?

Gogo's stock is owned by many different of retail and institutional investors. Top institutional investors include First Midwest Bank Trust Division (1.13%) and Virtu Financial LLC (0.04%). Company insiders that own Gogo stock include Charles C Townsend, Michael Small, Michele Coleman Mayes, Robert H Mundheim and Thorndale Farm, Inc. View Institutional Ownership Trends for Gogo.

Which institutional investors are selling Gogo stock?

GOGO stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC. View Insider Buying and Selling for Gogo.

Which institutional investors are buying Gogo stock?

GOGO stock was acquired by a variety of institutional investors in the last quarter, including First Midwest Bank Trust Division. Company insiders that have bought Gogo stock in the last two years include Charles C Townsend, Michael Small, Michele Coleman Mayes, Robert H Mundheim and Thorndale Farm, Inc. View Insider Buying and Selling for Gogo.

How do I buy shares of Gogo?

Shares of GOGO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 $3.94.

How big of a company is Gogo?

Gogo has a market capitalization of $344.58 million and generates $699.09 million in revenue each year. The technology company earns $-171,990,000.00 in net income (profit) each year or ($2.17) on an earnings per share basis. Gogo employs 1,244 workers across the globe.

What is Gogo's official website?

The official website for Gogo is http://www.gogoair.com.

How can I contact Gogo?

Gogo's mailing address is 111 NORTH CANAL STREET SUITE 1500, CHICAGO IL, 60606. The technology company can be reached via phone at 312-517-5000 or via email at [email protected]


MarketBeat Community Rating for Gogo (NASDAQ GOGO)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  252 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  597
MarketBeat's community ratings are surveys of what our community members think about Gogo and other stocks. Vote "Outperform" if you believe GOGO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GOGO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2019 by MarketBeat.com Staff

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