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

Gogo trades on the NASDAQ under the ticker symbol "GOGO."

Gogo Inc (NASDAQ:GOGO) announced its earnings results on Thursday, February, 21st. The technology company reported ($0.74) earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.74). The technology company earned $217.22 million during the quarter, compared to analyst estimates of $214.50 million. Gogo's revenue was up 15.5% on a year-over-year basis. During the same quarter last year, the business earned ($0.52) earnings per share. View Gogo's Earnings History.

Gogo is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for Gogo.

Gogo updated its FY 2019 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $800-850 million, compared to the consensus revenue estimate of $900.04 million.

5 Wall Street analysts have issued 12-month price objectives for Gogo's shares. Their forecasts range from $1.50 to $15.00. On average, they anticipate Gogo's share price to reach $6.50 in the next twelve months. This suggests a possible upside of 42.2% from the stock's current price. View Analyst Price Targets for Gogo.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gogo.

News stories about GOGO stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Gogo earned a news impact score of -1.5 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

Gogo saw a increase in short interest in February. As of February 28th, there was short interest totalling 31,878,874 shares, an increase of 4.4% from the February 15th total of 30,527,647 shares. Based on an average daily trading volume, of 2,380,076 shares, the days-to-cover ratio is currently 13.4 days. Currently, 56.9% of the shares of the stock are sold short. View Gogo's Current Options Chain.

Some companies that are related to Gogo include Boingo Wireless (WIFI), ORBCOMM (ORBC), Calix (CALX), RigNet (RNET), Global Eagle Entertainment (ENT), B Communications (BCOM), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Directview (DIRV), Plaintree Systems (PTEEF), China Teletech (CNCT), Towerstream (TWER), RadioIO (RAIO) and DigitalGlobe (DGI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Gogo investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Micron Technology (MU), Netflix (NFLX), Transocean (RIG), Athabasca Oil (ATH), Twitter (TWTR) and Advanced Micro Devices (AMD).

Gogo's stock is owned by many different of retail and institutional investors. Top institutional investors include Elk Creek Partners LLC (3.96%), Frontier Capital Management Co. LLC (2.85%), Bank of America Corp DE (1.76%), Gamco Investors INC. ET AL (1.52%), Gabelli Funds LLC (1.38%) and First Midwest Bank Trust Division (1.13%). 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.

GOGO stock was sold by a variety of institutional investors in the last quarter, including Sound Point Capital Management LP, S. Muoio & CO. LLC, Bank of America Corp DE, Gabelli Funds LLC, GSA Capital Partners LLP, Cito Capital Group LLC, Gamco Investors INC. ET AL and Frontier Capital Management Co. LLC. View Insider Buying and Selling for Gogo.

GOGO stock was bought by a variety of institutional investors in the last quarter, including First Midwest Bank Trust Division, North Peak Capital Management LLC, Premier Asset Management LLC, Elk Creek Partners LLC, Coatue Management LLC, New York State Common Retirement Fund, Rhumbline Advisers and Geode Capital Management LLC. 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.

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.

One share of GOGO stock can currently be purchased for approximately $4.57.

Gogo has a market capitalization of $400.15 million and generates $893.76 million in revenue each year. The technology company earns $-162,030,000.00 in net income (profit) each year or ($1.83) on an earnings per share basis. Gogo employs 1,153 workers across the globe.

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

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]