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
Industry Communication services, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Phone312-517-5000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$893.76 million
Profitability
Miscellaneous
Employees1,244
Next Earnings Date5/3/2019 (Estimated)
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) announced its quarterly earnings data on Thursday, February, 21st. The technology company reported ($0.74) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.74). The technology company earned $217.22 million during the quarter, compared to analyst estimates of $214.50 million. The firm's revenue was up 15.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.52) 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 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $800-850 million, compared to the consensus revenue estimate of $900.04 million.
What price target have analysts set for GOGO?
7 analysts have issued 1-year price objectives for Gogo's stock. Their predictions range from $1.50 to $15.00. On average, they anticipate Gogo's share price to reach $8.3750 in the next twelve months. This suggests a possible upside of 100.4% 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 trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gogo earned a coverage optimism score of 1.7 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 impact on the stock's share price in the near future.
Are investors shorting Gogo?
Gogo saw a increase in short interest in January. As of January 31st, there was short interest totalling 29,097,761 shares, an increase of 3.2% from the January 15th total of 30,072,709 shares. Based on an average daily trading volume, of 977,097 shares, the days-to-cover ratio is currently 29.8 days. Currently, 51.7% of the shares of the company are short sold. 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), 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).
What other stocks do shareholders of Gogo own?
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 a variety of 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.
Which major investors are selling Gogo stock?
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.
Which major investors are buying Gogo stock?
GOGO stock was purchased 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.
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 $4.18.
How big of a company is Gogo?
Gogo has a market capitalization of $365.58 million and generates $893.76 million in revenue each year. The technology company earns $-171,990,000.00 in net income (profit) each year or ($1.83) 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.
