NASDAQ:GOGOGogo Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Gogo Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.98 +0.09 (+4.76 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$1.50Now: $1.98▼$1.9950-Day Range$1.80MA: $3.31▼$5.2252-Week Range$1.50Now: $1.98▼$7.23Volume2.55 million shsAverage Volume3.18 million shsMarket Capitalization$164.97 millionP/E RatioN/ADividend YieldN/ABeta1.56 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingGogo has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, Gogo has a potential upside of 203.0% from its current price of $1.98.Amount of Analyst CoverageGogo has only been the subject of 1 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesGogo has received 336 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGogo has received 466 “underperform” votes. (Add your “underperform” vote.)Community SentimentGogo has received 58.10% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldGogo does not currently pay a dividend.Dividend GrowthGogo does not have a long track record of dividend growth. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gogo insiders have not sold or bought any company stock.Percentage Held by Insiders41.50% of the stock of Gogo is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions63.48% of the stock of Gogo is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Gogo are expected to decrease by -66.23% in the coming year, from ($1.51) to ($0.51) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gogo is -1.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Gogo is -1.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 3.3Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.47 out of 5 stars 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 CIK1537054 Webhttp://www.gogoair.com/ Phone312-517-5000Debt Debt-to-Equity RatioN/A Current Ratio1.68 Quick Ratio1.22Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$835.73 million Price / Sales0.20 Cash Flow$0.46 per share Price / Cash Flow4.32 Book Value($4.52) per share Price / Book-0.44Profitability EPS (Most Recent Fiscal Year)($1.24) Net Income$-146,000,000.00 Net Margins-17.47% Return on EquityN/A Return on Assets-7.90%Miscellaneous Employees1,115 Outstanding Shares83,320,000Market Cap$164.97 million Next Earnings Date5/14/2020 (Estimated) OptionableOptionable Receive GOGO News and Ratings via Email Sign-up to receive the latest news and ratings for GOGO and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:GOGO Rates by TradingView Gogo (NASDAQ:GOGO) Frequently Asked Questions How has Gogo's stock been impacted by COVID-19 (Coronavirus)? Gogo's stock was trading at $2.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GOGO shares have decreased by 20.5% and is now trading at $1.98. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Gogo? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 sell rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Gogo. When is Gogo's next earnings date? Gogo is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Gogo. How were Gogo's earnings last quarter? Gogo Inc (NASDAQ:GOGO) released its earnings results on Friday, March, 13th. The technology company reported ($0.28) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.49) by $0.21. The technology company earned $221.30 million during the quarter, compared to analysts' expectations of $206.53 million. Gogo's quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.74) EPS. View Gogo's earnings history. What price target have analysts set for GOGO? 4 Wall Street analysts have issued 1-year price targets for Gogo's shares. Their forecasts range from $1.00 to $10.00. On average, they expect Gogo's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 203.0% from the stock's current price. View analysts' price targets for Gogo. Has Gogo been receiving favorable news coverage? News headlines about GOGO stock have been trending very negative on Saturday, InfoTrie Sentiment reports. The research group identifies positive and negative media 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 nearest to five being the most favorable. Gogo earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutGogo. Are investors shorting Gogo? Gogo saw a increase in short interest in March. As of March 13th, there was short interest totaling 34,879,600 shares, an increase of 6.1% from the February 27th total of 32,870,000 shares. Based on an average daily trading volume, of 4,528,900 shares, the days-to-cover ratio is presently 7.7 days. Approximately 64.3% 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), Calix (CALX), Intelsat (I), ORBCOMM (ORBC), B Communications (BCOM), RigNet (RNET), Remark (MARK), Global Eagle Entertainment (ENT), Lithium Co.. (LTUM), Dropcar (DCAR), Plaintree Systems (PTEEF), China Teletech (CNCT), Towerstream (TWER), Directview (DIRV) and RadioIO (RAIO). What other stocks do shareholders of Gogo own? 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), NVIDIA (NVDA), Twitter (TWTR), Advanced Micro Devices (AMD), Netflix (NFLX) and Intel (INTC). Who are Gogo's key executives? Gogo's management team includes the following 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) What is Gogo's stock symbol? Gogo trades on the NASDAQ under the ticker symbol "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, Robinhood, Fidelity, and Charles Schwab. What is Gogo's stock price today? One share of GOGO stock can currently be purchased for approximately $1.98. How big of a company is Gogo? Gogo has a market capitalization of $164.97 million and generates $835.73 million in revenue each year. The technology company earns $-146,000,000.00 in net income (profit) each year or ($1.24) on an earnings per share basis. Gogo employs 1,115 workers across the globe. View additional information about Gogo. What is Gogo's official website? The official website for Gogo is http://www.gogoair.com/. 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: Options Trading
