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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Communication services, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:GOGO
Previous Symbol
CUSIPN/A
Phone312-517-5000
Debt
Debt-to-Equity RatioN/A
Current Ratio2.08
Quick Ratio1.33
Price-To-Earnings
Trailing P/E Ratio-1.71
Forward P/E Ratio-1.86
P/E GrowthN/A
Sales & Book Value
Annual Sales$699.09 million
Price / Sales0.46
Cash FlowN/A
Price / Cash FlowN/A
Book Value($2.21) per share
Price / Book-1.68
Profitability
EPS (Most Recent Fiscal Year)($2.17)
Net Income$-171,990,000.00
Net Margins-16.60%
Return on EquityN/A
Return on Assets-10.92%
Miscellaneous
Employees1,244
Outstanding Shares87,460,000
Market Cap$324.47 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) released its quarterly earnings data on Tuesday, November, 6th. The technology company reported ($0.47) earnings per share for the quarter, beating analysts' consensus estimates of ($0.71) by $0.24. The technology company had revenue of $217.26 million for the quarter, compared to the consensus estimate of $212.01 million. The firm's revenue for the quarter was up 25.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.57) earnings per share. View Gogo's Earnings History.
When is Gogo's next earnings date?
What guidance has Gogo issued on next quarter's earnings?
Gogo updated 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 equities research analysts have issued twelve-month price targets for Gogo's shares. Their forecasts range from $2.00 to $15.00. On average, they expect Gogo's stock price to reach $8.50 in the next year. This suggests a possible upside of 129.1% 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 headlines about GOGO stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Gogo earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Are investors shorting Gogo?
Gogo saw a decrease in short interest in the month of November. As of November 30th, there was short interest totalling 30,276,402 shares, a decrease of 12.3% from the November 15th total of 34,531,416 shares. Based on an average daily volume of 4,119,721 shares, the days-to-cover ratio is presently 7.3 days. Currently, 53.8% of the company's shares are sold short. View Gogo's Current Options Chain.
Who are some of Gogo's key competitors?
Some companies that are related to Gogo include Boingo Wireless (WIFI), ORBCOMM (ORBC), Calix (CALX), RigNet (RNET), B Communications (BCOM), Global Eagle Entertainment (ENT), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Directview (DIRV), Plaintree Systems (PTEEF), China Teletech (CNCT), Towerstream (TWER), RadioIO (RAIO) and DigitalGlobe (DGI).
Who are Gogo's key executives?
Gogo's management team includes the folowing people:
- Mr. Oakleigh B. Thorne, Pres, CEO & Director (Age 60)
- Mr. Barry L. Rowan, CFO & Exec. VP (Age 61)
- Mr. Jonathan B. Cobin, Chief Strategy Officer & Exec. VP of Corp. Devel. (Age 45)
- Mr. John Wade, Pres of Commercial Aviation Division (Age 55)
- Mr. Anand K. Chari, Strategic Technology Advisor (Age 51)
Who are Gogo's major shareholders?
Gogo's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.00%), Vanguard Group Inc (6.00%), Valinor Management L.P. (4.97%), Elk Creek Partners LLC (3.83%), Frontier Capital Management Co. LLC (2.90%) and Gamco Investors INC. ET AL (1.58%). 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 JPMorgan Chase & Co., Gabelli Funds LLC, Blair William & Co. IL, Frontier Capital Management Co. LLC, Credit Suisse AG and Arthur M. Cohen & Associates 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 Elk Creek Partners LLC, Capital International Investors, Valinor Management L.P., Jefferies Group LLC, S. Muoio & CO. LLC, Morgan Stanley, GSA Capital Partners LLP and 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 $3.71.
How big of a company is Gogo?
Gogo has a market capitalization of $324.47 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?
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)
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.
