Gogo Company Profile (NASDAQ:GOGO)

About Gogo (NASDAQ:GOGO)

Gogo logoGogo 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: $1.13162 billion
  • Outstanding Shares: 86,714,000
Average Prices:
  • 50 Day Moving Avg: $12.05
  • 200 Day Moving Avg: $11.58
  • 52 Week Range: $8.56 - $13.69
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -8.51
  • P/E Growth: -0.50
Sales & Book Value:
  • Annual Revenue: $645.47 million
  • Price / Sales: 1.72
  • Book Value: ($1.34) per share
  • Price / Book: -9.53
Profitability:
  • EBIDTA: $74.39 million
  • Net Margins: -22.58%
  • Return on Assets: -11.62%
Debt:
  • Debt-to-Equity Ratio: -7.56%
  • Current Ratio: 2.01%
  • Quick Ratio: 1.82%
Misc:
  • Average Volume: 759,211 shs.
  • Beta: 1.79
  • Short Ratio: 24.07
 
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) announced its quarterly earnings data on Monday, August, 7th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.49) by $0.07. The firm earned $172.80 million during the quarter, compared to the consensus estimate of $167.63 million. The firm's quarterly revenue was up 17.2% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.31) EPS. View Gogo's Earnings History.

When will Gogo make its next earnings announcement?

Gogo is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Gogo.

Where is Gogo's stock going? Where will Gogo's stock price be in 2017?

5 brokerages have issued 12 month target prices for Gogo's shares. Their predictions range from $14.00 to $19.00. On average, they expect Gogo's stock price to reach $16.00 in the next year. View Analyst Ratings for Gogo.

Who are some of Gogo's key competitors?

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 a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.33%), Hodges Capital Management Inc. (4.11%), Harbour Capital Advisors LLC (2.66%), Capital World Investors (2.56%), Elk Creek Partners LLC (1.87%) and Frontier Capital Management Co. LLC (1.82%). 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 Hodges Capital Management Inc., Capital World Investors, Wells Fargo & Company MN, Elk Creek Partners LLC, Daiwa Securities Group Inc., Engineers Gate Manager LP, Intrinsic Edge Capital Management LLC and OZ Management LP. 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 Harbour Capital Advisors LLC, Quantitative Investment Management LLC, GSA Capital Partners LLP, Numeric Investors LLC, Vanguard Group Inc., Nomura Holdings Inc., Cornerstone Capital Management Holdings LLC. and State Street Corp. 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 $12.77.


MarketBeat Community Rating for Gogo (NASDAQ GOGO)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  111 (Vote Outperform)
Underperform Votes:  137 (Vote Underperform)
Total Votes:  248
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.

Analyst Ratings

Consensus Ratings for Gogo (NASDAQ:GOGO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $16.00 (25.29% upside)

Analysts' Ratings History for Gogo (NASDAQ:GOGO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/4/2017Standpoint ResearchDowngradeBuy -> HoldMediumView Rating Details
5/31/2017Raymond James Financial, Inc.Initiated CoverageOutperform -> Outperform$15.00MediumView Rating Details
5/7/2017Dougherty & CoBoost Price TargetBuy$17.50 -> $19.00LowView Rating Details
1/25/2017GuggenheimInitiated CoverageBuy$14.00N/AView Rating Details
9/30/2016William BlairReiterated RatingOutperformN/AView Rating Details
8/5/2016J P Morgan Chase & CoLower Price TargetOverweight$18.00 -> $17.00N/AView Rating Details
7/28/2016Morgan StanleyLower Price TargetUnderweight$11.00 -> $8.00N/AView Rating Details
2/23/2016MacquarieReiterated RatingNeutral$19.00 -> $13.00N/AView Rating Details
(Data available from 8/16/2015 forward)

Earnings

Earnings History for Gogo (NASDAQ:GOGO)
Earnings by Quarter for Gogo (NASDAQ:GOGO)
Earnings History by Quarter for Gogo (NASDAQ GOGO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
8/7/2017Q2 2017($0.49)($0.56)$167.63 million$172.80 millionViewListenView Earnings Details
5/4/2017Q1 2017($0.52)($0.52)$160.04 million$165.41 millionViewListenView Earnings Details
2/27/2017Q416($0.46)($0.34)$152.03 million$160.00 millionViewListenView Earnings Details
11/3/2016Q316($0.45)($0.42)$146.77 million$147.30 millionViewListenView Earnings Details
8/4/2016Q216($0.40)($0.31)$141.46 million$147.50 millionViewListenView Earnings Details
5/6/2016Q116($0.42)($0.31)$138.04 million$141.70 millionViewListenView Earnings Details
2/25/2016Q415($0.41)($0.43)$131.94 million$137.80 millionViewListenView Earnings Details
11/5/2015Q315($0.41)($0.37)$124.15 million$126.40 millionViewListenView Earnings Details
8/6/2015Q215($0.31)($0.32)$122.06 million$121.20 millionViewListenView Earnings Details
5/7/2015Q115($0.28)($0.24)$112.39 million$115.50 millionViewListenView Earnings Details
2/26/2015Q414($0.31)($0.28)$106.50 million$109.20 millionViewListenView Earnings Details
11/10/2014Q3($0.26)($0.29)$103.70 million$104.00 millionViewListenView Earnings Details
8/11/2014Q214($0.22)($0.22)$99.40 million$99.50 millionViewListenView Earnings Details
5/12/2014Q114($0.25)($0.20)$94.58 million$95.70 millionViewListenView Earnings Details
3/13/2014Q413($0.27)($0.26)$85.68 million$92.60 millionViewListenView Earnings Details
11/11/2013Q313($0.31)($0.22)$76.80 million$85.40 millionViewListenView Earnings Details
8/7/2013Q2 2013($0.37)($0.23)$73.18 million$79.40 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gogo (NASDAQ:GOGO)
2017 EPS Consensus Estimate: ($1.93)
2018 EPS Consensus Estimate: ($1.68)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.62)($0.50)($0.55)
Q2 20173($0.50)($0.48)($0.49)
Q3 20173($0.54)($0.46)($0.50)
Q4 20173($0.49)($0.27)($0.39)
Q1 20181($0.51)($0.51)($0.51)
Q2 20181($0.39)($0.39)($0.39)
Q3 20182($0.40)($0.38)($0.39)
Q4 20182($0.39)($0.38)($0.39)
Q1 20192($0.44)($0.29)($0.37)
Q2 20191($0.28)($0.28)($0.28)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Gogo (NASDAQ:GOGO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Gogo (NASDAQ:GOGO)
Insider Ownership Percentage: 37.70%
Institutional Ownership Percentage: 63.35%
Insider Trades by Quarter for Gogo (NASDAQ:GOGO)
Institutional Ownership by Quarter for Gogo (NASDAQ:GOGO)
Insider Trades by Quarter for Gogo (NASDAQ:GOGO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/11/2016Michael SmallInsiderBuy50,000$8.94$447,000.00View SEC Filing  
11/8/2016Robert H. MundheimDirectorBuy15,000$9.42$141,300.00View SEC Filing  
11/7/2016Charles C TownsendDirectorBuy300,000$9.69$2,907,000.00View SEC Filing  
8/30/2016Arbela TakhshSVPSell1,785$11.99$21,402.15View SEC Filing  
8/30/2016Charles C TownsendDirectorBuy52,867$11.84$625,945.28View SEC Filing  
8/12/2016Oakleigh ThorneDirectorBuy31,971$11.24$359,354.04View SEC Filing  
8/11/2016Robert H. MundheimDirectorBuy8,500$11.53$98,005.00View SEC Filing  
8/8/2016Charles C TownsendDirectorBuy200,000$10.73$2,146,000.00View SEC Filing  
8/8/2016Michael SmallInsiderBuy50,000$10.37$518,500.00View SEC Filing  
11/12/2015Charles C TownsendDirectorBuy1,100$15.99$17,589.00View SEC Filing  
4/16/2015John WadeEVPSell10,000$22.00$220,000.00View SEC Filing  
3/17/2015Jonathan B CobinSVPSell12,980$21.35$277,123.00View SEC Filing  
3/6/2015Oakleigh ThorneDirectorBuy4,980$20.04$99,799.20View SEC Filing  
3/5/2015Anand K ChariEVPSell43,260$20.00$865,200.00View SEC Filing  
3/5/2015Michael SmallCEOSell30,000$20.00$600,000.00View SEC Filing  
8/14/2014Oakleigh ThorneDirectorBuy8,298$14.56$120,818.88View SEC Filing  
6/23/2014Niels SteenstrupSVPSell42,875$19.50$836,062.50View SEC Filing  
5/29/2014John WadeEVPSell5,000$18.00$90,000.00View SEC Filing  
5/28/2014John WadeEVPSell31,700$17.02$539,534.00View SEC Filing  
5/28/2014Niels SteenstrupSVPSell1,674$17.50$29,295.00View SEC Filing  
5/15/2014Charles TownsendDirectorBuy100,000$12.89$1,289,000.00View SEC Filing  
5/14/2014Michael SmallCEOBuy30,000$12.96$388,800.00View SEC Filing  
5/14/2014Oakleigh ThorneDirectorBuy13,001$13.46$174,993.46View SEC Filing  
6/26/2013Jonathan B CobinSVPBuy1,000$17.00$17,000.00View SEC Filing  
6/26/2013Michael SmallCEOBuy20,000$17.00$340,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Gogo (NASDAQ:GOGO)
Latest Headlines for Gogo (NASDAQ:GOGO)
Source:
DateHeadline
americanbankingnews.com logoGogo Inc. (GOGO) Forecasted to Earn Q1 2019 Earnings of ($0.29) Per Share
www.americanbankingnews.com - August 14 at 9:24 AM
nasdaq.com logoGogo Inc. (GOGO) Q2 Loss Wider Than Expected, Revenues Top - Nasdaq
www.nasdaq.com - August 11 at 12:54 AM
finance.yahoo.com logoGogo Inc. (GOGO) Q2 Loss Wider Than Expected, Revenues Top
finance.yahoo.com - August 11 at 12:54 AM
americanbankingnews.com logoGogo Inc. Forecasted to Earn Q3 2017 Earnings of ($0.54) Per Share (NASDAQ:GOGO)
www.americanbankingnews.com - August 10 at 7:06 AM
prnewswire.com logoGogo Announces Second Quarter 2017 Financial Results - PR Newswire (press release)
www.prnewswire.com - August 9 at 7:22 PM
barrons.com logoGogo Slides On Mixed 2Q Earnings - Barron's
www.barrons.com - August 8 at 11:53 PM
finance.yahoo.com logoGogo, Inc. :GOGO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 8 at 6:50 PM
finance.yahoo.com logoGogo Slides On Mixed 2Q Earnings
finance.yahoo.com - August 8 at 6:50 PM
News IconBRIEF-Gogo reports Q2 loss of $‍0.56 /shr
www.businessinsider.com - August 8 at 5:01 AM
finance.yahoo.com logoEdited Transcript of GOGO earnings conference call or presentation 7-Aug-17 12:30pm GMT
finance.yahoo.com - August 8 at 5:01 AM
americanbankingnews.com logoGogo Inc. (GOGO) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - August 8 at 12:34 AM
nasdaq.com logoEarnings Reaction History: Gogo Inc., 33.3% Follow-Through Indicator, 6.4% Sensitive - Nasdaq
www.nasdaq.com - August 7 at 11:58 PM
investorplace.com logoGogo Inc (GOGO) Shares Sink on Q2 Earnings Miss - Investorplace.com
investorplace.com - August 7 at 11:58 PM
seekingalpha.com logoGogo's (GOGO) CEO Michael Small on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 7 at 6:55 PM
finance.yahoo.com logoGogo Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 7 at 6:55 PM
finance.yahoo.com logoGogo reports 2Q loss
finance.yahoo.com - August 7 at 6:55 PM
investorplace.com logoGogo Inc (GOGO) Shares Sink on Q2 Earnings Miss
investorplace.com - August 7 at 11:56 AM
americanbankingnews.com logoGogo Inc. (NASDAQ:GOGO) Expected to Post Quarterly Sales of $168.24 Million
www.americanbankingnews.com - August 7 at 9:08 AM
americanbankingnews.com logoGogo Inc. (NASDAQ:GOGO) Releases Earnings Results, Misses Estimates By $0.07 EPS
www.americanbankingnews.com - August 7 at 8:50 AM
americanbankingnews.com logoGogo Inc. (GOGO) Upgraded at BidaskClub
www.americanbankingnews.com - August 5 at 2:56 PM
finance.yahoo.com logoGogo, Inc. – Value Analysis (NASDAQ:GOGO) : August 5, 2017
finance.yahoo.com - August 5 at 12:26 AM
americanbankingnews.com logoGogo Inc. (GOGO) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 4 at 6:46 PM
americanbankingnews.com logoGogo Inc. (GOGO) Downgraded to Hold at Standpoint Research
www.americanbankingnews.com - August 4 at 2:28 PM
nasdaq.com logoWhat's in the Offing for Gogo this Earnings Season? - Nasdaq
www.nasdaq.com - August 3 at 4:13 PM
finance.yahoo.com logoWhat's in the Offing for Gogo this Earnings Season?
finance.yahoo.com - August 3 at 4:13 PM
prnewswire.com logoGogo's Next Generation Inflight Modem takes Flight - PR Newswire (press release)
www.prnewswire.com - August 1 at 7:43 PM
nasdaq.com logoNotable Monday Option Activity: GOGO, SAM, WATT
www.nasdaq.com - July 31 at 6:43 PM
finance.yahoo.com logoGogo's Next Generation Inflight Modem takes Flight
finance.yahoo.com - July 31 at 6:43 PM
americanbankingnews.com logoGogo Inc. (GOGO) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - July 31 at 7:54 AM
nasdaq.com logoCommit To Buy Gogo At $10, Earn 13.4% Annualized Using Options
www.nasdaq.com - July 27 at 12:45 AM
americanbankingnews.com logoGogo Inc. (NASDAQ:GOGO) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 25 at 12:52 AM
finance.yahoo.com logoGogo, Inc. breached its 50 day moving average in a Bullish Manner : GOGO-US : July 24, 2017
finance.yahoo.com - July 24 at 8:57 AM
americanbankingnews.com logoGogo Inc. (GOGO) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - July 23 at 4:58 PM
americanbankingnews.com logo$168.35 Million in Sales Expected for Gogo Inc. (GOGO) This Quarter
www.americanbankingnews.com - July 16 at 9:00 AM
americanbankingnews.com logo Brokerages Anticipate Gogo Inc. (NASDAQ:GOGO) to Announce -$0.48 Earnings Per Share
www.americanbankingnews.com - July 14 at 12:03 PM
prnewswire.com logoGogo Inc. to Report Second Quarter 2017 Financial Results on ... - PR Newswire (press release)
www.prnewswire.com - July 14 at 2:23 AM
finance.yahoo.com logoGogo Inc. to Report Second Quarter 2017 Financial Results on August 7, 2017
finance.yahoo.com - July 14 at 2:23 AM
americanbankingnews.com logoGogo Inc. (NASDAQ:GOGO) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 10 at 6:23 PM
streetinsider.com logoForm 4 Gogo Inc. For: Jun 30 Filed by: JONES HUGH W - StreetInsider.com
www.streetinsider.com - July 7 at 2:05 AM
americanbankingnews.com logoGogo Inc. (NASDAQ:GOGO) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - July 6 at 12:26 AM
americanbankingnews.com logoZacks: Brokerages Expect Gogo Inc. (GOGO) Will Post Earnings of -$0.48 Per Share
www.americanbankingnews.com - June 20 at 7:21 AM
americanbankingnews.com logoGogo Inc. (GOGO) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 13 at 6:42 PM
prnewswire.com logoGogo 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
finance.yahoo.com logoGogo Inc. to Participate in the William Blair Growth Stock Conference on June 14, 2017
finance.yahoo.com - June 9 at 10:06 AM
streetinsider.com logoGOGO: Within One Decree of Annihilation
www.streetinsider.com - June 8 at 6:29 PM
americanbankingnews.com logoGogo Inc (GOGO) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 6 at 8:33 PM
finance.yahoo.com logoGogo, Inc. – Value Analysis (NASDAQ:GOGO) : June 6, 2017
finance.yahoo.com - June 6 at 5:56 PM
finance.yahoo.com logoGogo Reaches 200 Installations of its 2Ku Technology
finance.yahoo.com - June 6 at 7:47 AM
finance.yahoo.com logoGogo, 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
finance.yahoo.com logoGogo Business Aviation and Rockwell Collins Bring Airshow® Moving Map to Business Aviation
finance.yahoo.com - June 5 at 10:49 AM

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Chart

Gogo (GOGO) Chart for Wednesday, August, 16, 2017

This page was last updated on 8/16/2017 by MarketBeat.com Staff