About Gogo (NASDAQ:GOGO)
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
- Sub-Industry: N/A
- Symbol: NASDAQ:GOGO
- CUSIP: N/A
- Web: www.gogoair.com
Capitalization:- Market Cap: $923.5 million
- Outstanding Shares: 86,714,000
Average Prices:- 50 Day Moving Avg: $12.55
- 200 Day Moving Avg: $12.36
- 52 Week Range: $8.56 - $14.76
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -6.61
- P/E Growth: -0.41
Sales & Book Value:- Annual Revenue: $645.47 million
- Price / Sales: 1.43
- Book Value: ($1.34) per share
- Price / Book: -7.95
Profitability:- EBITDA: $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: 941,857 shs.
- Beta: 1.72
- Short Ratio: 42.16
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) posted its quarterly earnings results on Monday, August, 7th. The company reported ($0.56) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.49) by $0.07. The business had revenue of $172.80 million for the quarter, compared to analyst estimates of $167.63 million. The firm's quarterly revenue was up 17.2% on a year-over-year basis. During the same period last year, the business posted ($0.31) EPS. View Gogo's Earnings History.
When will Gogo make its next earnings announcement?
Where is Gogo's stock going? Where will Gogo's stock price be in 2017?
5 brokerages have issued 1-year price objectives for Gogo's shares. Their forecasts range from $6.75 to $19.00. On average, they expect Gogo's share price to reach $14.19 in the next twelve months. View Analyst Ratings for Gogo.
Are investors shorting Gogo?
Gogo saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 25,522,120 shares, an increase of 29.3% from the August 31st total of 19,737,126 shares. Based on an average trading volume of 738,023 shares, the days-to-cover ratio is currently 34.6 days. Currently, 44.5% of the shares of the stock are short sold.
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, independent 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
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 $10.65.
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, 1 Hold Rating, 3 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.40) |
| Consensus Price Target: | $14.19 (33.22% upside) |
Consensus Price Target History for Gogo (NASDAQ:GOGO)
Analysts' Ratings History for Gogo (NASDAQ:GOGO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 10/9/2017 | Guggenheim | Reiterated Rating | Buy | $16.00 | N/A |  |
| 9/19/2017 | Northland Securities | Initiated Coverage | Under Perform -> Under Perform | $6.75 | High | |
| 8/4/2017 | Standpoint Research | Downgrade | Buy -> Hold | | Medium | |
| 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 | |
| 9/30/2016 | William Blair | Reiterated Rating | Outperform | | 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 10/23/2015 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 |
|---|
| 11/2/2017 | | ($0.50) | | | | | N/A | |
| 8/7/2017 | Q2 2017 | ($0.49) | ($0.56) | $167.63 million | $172.80 million | View | Listen | |
| 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: ($1.68)
| 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 | ($0.54) | ($0.46) | ($0.50) |
| Q4 2017 | 3 | ($0.49) | ($0.27) | ($0.39) |
| Q1 2018 | 1 | ($0.51) | ($0.51) | ($0.51) |
| Q2 2018 | 1 | ($0.39) | ($0.39) | ($0.39) |
| Q3 2018 | 2 | ($0.40) | ($0.38) | ($0.39) |
| Q4 2018 | 2 | ($0.39) | ($0.38) | ($0.39) |
| Q1 2019 | 2 | ($0.44) | ($0.29) | ($0.37) |
| Q2 2019 | 1 | ($0.28) | ($0.28) | ($0.28) |
(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: 37.30%
Institutional Ownership Percentage: 66.50%
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)
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Gogo (GOGO) Chart for Monday, October, 23, 2017
