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 - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:GOGO
- CUSIP: N/A
- Web: www.gogoair.com
Capitalization:- Market Cap: $1.12 billion
- Outstanding Shares: 86,714,000
Average Prices:- 50 Day Moving Avg: $12.15
- 200 Day Moving Avg: $11.63
- 52 Week Range: $8.56 - $13.69
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -8.32
- P/E Growth: -0.50
Sales & Book Value:- Annual Revenue: $645.47 million
- Price / Sales: 1.73
- Book Value: ($1.34) per share
- Price / Book: -9.62
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: 745,153 shs.
- Beta: 1.79
- 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) issued its quarterly earnings data on Monday, August, 7th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.49) by $0.07. The company had revenue of $172.80 million for the quarter, compared to analysts' expectations of $167.63 million. The company's revenue for the quarter was up 17.2% compared to the same quarter last year. During the same quarter in the prior 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 brokers have issued 1-year 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?
Some companies that are related to Gogo include Cellcom Israel (CEL), ORBCOMM (ORBC), CalAmp Corp. (CAMP), Intelsat S.A. (I), pdvWireless (PDVW), Filtronic Plc (FTC), Superconductor Technologies (SCON), BlackBerry Ltd (RIMM), Meru Networks (MERU), RR Media Ltd (RRM), Ruckus Wireless (RKUS) and Vodafone Group PLC (VOD).
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 many different of retail and institutional 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 bought 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 $12.89.
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 Hold Rating, 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.80) |
| Consensus Price Target: | $16.00 (24.13% upside) |
Analysts' Ratings History for Gogo (NASDAQ:GOGO)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 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 | |
| 1/25/2017 | Guggenheim | Initiated Coverage | Buy | $14.00 | N/A | |
| 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 8/21/2015 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 | | | | | | | | |
| 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: 37.70%
Institutional Ownership Percentage: 63.35%
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)
| Source: |
|
| Date | Headline |
|---|
 | Gogo Inc. Expected to Earn Q3 2017 Earnings of ($0.46) Per Share (GOGO)
www.americanbankingnews.com - August 21 at 3:16 AM |
| Gogo Inc. (GOGO) Upgraded to Buy by BidaskClub
www.americanbankingnews.com - August 20 at 7:00 PM |
 | ETFs with exposure to Gogo, Inc. : August 18, 2017
finance.yahoo.com - August 18 at 7:00 PM |
| Gogo Inc. (GOGO) Forecasted to Earn Q1 2019 Earnings of ($0.29) Per Share
www.americanbankingnews.com - August 14 at 9:24 AM |
 | Gogo Inc. (GOGO) Q2 Loss Wider Than Expected, Revenues Top - Nasdaq
www.nasdaq.com - August 11 at 12:54 AM |
| Gogo Inc. (GOGO) Q2 Loss Wider Than Expected, Revenues Top
finance.yahoo.com - August 11 at 12:54 AM |
| Gogo Inc. Forecasted to Earn Q3 2017 Earnings of ($0.54) Per Share (NASDAQ:GOGO)
www.americanbankingnews.com - August 10 at 7:06 AM |
 | Gogo Announces Second Quarter 2017 Financial Results - PR Newswire (press release)
www.prnewswire.com - August 9 at 7:22 PM |
 | Gogo Slides On Mixed 2Q Earnings - Barron's
www.barrons.com - August 8 at 11:53 PM |
| Gogo, Inc. :GOGO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 8 at 6:50 PM |
| Gogo Slides On Mixed 2Q Earnings
finance.yahoo.com - August 8 at 6:50 PM |
 | BRIEF-Gogo reports Q2 loss of $0.56 /shr
www.businessinsider.com - August 8 at 5:01 AM |
| Edited Transcript of GOGO earnings conference call or presentation 7-Aug-17 12:30pm GMT
finance.yahoo.com - August 8 at 5:01 AM |
| Gogo Inc. (GOGO) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - August 8 at 12:34 AM |
| Earnings Reaction History: Gogo Inc., 33.3% Follow-Through Indicator, 6.4% Sensitive - Nasdaq
www.nasdaq.com - August 7 at 11:58 PM |
 | Gogo Inc (GOGO) Shares Sink on Q2 Earnings Miss - Investorplace.com
investorplace.com - August 7 at 11:58 PM |
 | Gogo's (GOGO) CEO Michael Small on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 7 at 6:55 PM |
| Gogo Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 7 at 6:55 PM |
| Gogo reports 2Q loss
finance.yahoo.com - August 7 at 6:55 PM |
| Gogo Inc (GOGO) Shares Sink on Q2 Earnings Miss
investorplace.com - August 7 at 11:56 AM |
| Gogo Inc. (NASDAQ:GOGO) Expected to Post Quarterly Sales of $168.24 Million
www.americanbankingnews.com - August 7 at 9:08 AM |
| Gogo Inc. (NASDAQ:GOGO) Releases Earnings Results, Misses Estimates By $0.07 EPS
www.americanbankingnews.com - August 7 at 8:50 AM |
| Gogo Inc. (GOGO) Upgraded at BidaskClub
www.americanbankingnews.com - August 5 at 2:56 PM |
| Gogo, Inc. – Value Analysis (NASDAQ:GOGO) : August 5, 2017
finance.yahoo.com - August 5 at 12:26 AM |
| Gogo Inc. (GOGO) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 4 at 6:46 PM |
| Gogo Inc. (GOGO) Downgraded to Hold at Standpoint Research
www.americanbankingnews.com - August 4 at 2:28 PM |
| What's in the Offing for Gogo this Earnings Season? - Nasdaq
www.nasdaq.com - August 3 at 4:13 PM |
| What's in the Offing for Gogo this Earnings Season?
finance.yahoo.com - August 3 at 4:13 PM |
| Gogo's Next Generation Inflight Modem takes Flight - PR Newswire (press release)
www.prnewswire.com - August 1 at 7:43 PM |
| Notable Monday Option Activity: GOGO, SAM, WATT
www.nasdaq.com - July 31 at 6:43 PM |
| Gogo's Next Generation Inflight Modem takes Flight
finance.yahoo.com - July 31 at 6:43 PM |
| Gogo Inc. (GOGO) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - July 31 at 7:54 AM |
| Commit To Buy Gogo At $10, Earn 13.4% Annualized Using Options
www.nasdaq.com - July 27 at 12:45 AM |
| Gogo Inc. (NASDAQ:GOGO) Upgraded at Zacks Investment Research
www.americanbankingnews.com - July 25 at 12:52 AM |
| Gogo, 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 |
| Gogo Inc. (GOGO) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - July 23 at 4:58 PM |
| $168.35 Million in Sales Expected for Gogo Inc. (GOGO) This Quarter
www.americanbankingnews.com - July 16 at 9:00 AM |
| Brokerages Anticipate Gogo Inc. (NASDAQ:GOGO) to Announce -$0.48 Earnings Per Share
www.americanbankingnews.com - July 14 at 12:03 PM |
| Gogo Inc. to Report Second Quarter 2017 Financial Results on ... - PR Newswire (press release)
www.prnewswire.com - July 14 at 2:23 AM |
| Gogo Inc. to Report Second Quarter 2017 Financial Results on August 7, 2017
finance.yahoo.com - July 14 at 2:23 AM |
| Gogo Inc. (NASDAQ:GOGO) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 10 at 6:23 PM |
 | Form 4 Gogo Inc. For: Jun 30 Filed by: JONES HUGH W - StreetInsider.com
www.streetinsider.com - July 7 at 2:05 AM |
| Gogo Inc. (NASDAQ:GOGO) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - July 6 at 12:26 AM |
| Zacks: Brokerages Expect Gogo Inc. (GOGO) Will Post Earnings of -$0.48 Per Share
www.americanbankingnews.com - June 20 at 7:21 AM |
| Gogo Inc. (GOGO) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 13 at 6:42 PM |
| Gogo 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 |
| Gogo Inc. to Participate in the William Blair Growth Stock Conference on June 14, 2017
finance.yahoo.com - June 9 at 10:06 AM |
| GOGO: Within One Decree of Annihilation
www.streetinsider.com - June 8 at 6:29 PM |
| Gogo Inc (GOGO) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 6 at 8:33 PM |
| Gogo, Inc. – Value Analysis (NASDAQ:GOGO) : June 6, 2017
finance.yahoo.com - June 6 at 5:56 PM |
Gogo (GOGO) Chart for Monday, August, 21, 2017
