Gogo Company Profile (NASDAQ:GOGO)

About Gogo (NASDAQ:GOGO)

Gogo logoGogo 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
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GOGO
  • CUSIP: N/A
  • Web: www.gogoair.com
Capitalization:
  • Market Cap: $923.5 million
  • Outstanding Shares: 86,714,000
Average Prices:
  • 50 Day Moving Avg: $12.55
  • 200 Day Moving Avg: $12.36
  • 52 Week Range: $8.56 - $14.76
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -6.61
  • P/E Growth: -0.41
Sales & Book Value:
  • Annual Revenue: $645.47 million
  • Price / Sales: 1.43
  • Book Value: ($1.34) per share
  • Price / Book: -7.95
Profitability:
  • EBITDA: $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: 941,857 shs.
  • Beta: 1.72
  • 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) posted its quarterly earnings results on Monday, August, 7th. The company reported ($0.56) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.49) by $0.07. The business had revenue of $172.80 million for the quarter, compared to analyst estimates of $167.63 million. The firm's quarterly revenue was up 17.2% on a year-over-year basis. During the same period last year, the business posted ($0.31) EPS. View Gogo's Earnings History.

When will Gogo make its next earnings announcement?

Gogo is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Gogo.

Where is Gogo's stock going? Where will Gogo's stock price be in 2017?

5 brokerages have issued 1-year price objectives for Gogo's shares. Their forecasts range from $6.75 to $19.00. On average, they expect Gogo's share price to reach $14.19 in the next twelve months. View Analyst Ratings for Gogo.

Are investors shorting Gogo?

Gogo saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 25,522,120 shares, an increase of 29.3% from the August 31st total of 19,737,126 shares. Based on an average trading volume of 738,023 shares, the days-to-cover ratio is currently 34.6 days. Currently, 44.5% of the shares of the stock are short sold.

Who are some of Gogo's key competitors?

Who are Gogo's key executives?

Gogo's management team includes the folowing people:

  • Ronald T. LeMay, independent 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

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 $10.65.


MarketBeat Community Rating for Gogo (NASDAQ GOGO)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  133 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  296
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.

Analyst Ratings

Consensus Ratings for Gogo (NASDAQ:GOGO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $14.19 (33.22% upside)
Consensus Price Target History for Gogo (NASDAQ:GOGO)
Price Target History for Gogo (NASDAQ:GOGO)
Analysts' Ratings History for Gogo (NASDAQ:GOGO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/9/2017GuggenheimReiterated RatingBuy$16.00N/AView Rating Details
9/19/2017Northland SecuritiesInitiated CoverageUnder Perform -> Under Perform$6.75HighView Rating Details
8/4/2017Standpoint ResearchDowngradeBuy -> HoldMediumView Rating Details
5/31/2017Raymond James Financial, Inc.Initiated CoverageOutperform -> Outperform$15.00MediumView Rating Details
5/7/2017Dougherty & CoBoost Price TargetBuy$17.50 -> $19.00LowView Rating Details
9/30/2016William BlairReiterated RatingOutperformN/AView Rating Details
8/5/2016J P Morgan Chase & CoLower Price TargetOverweight$18.00 -> $17.00N/AView Rating Details
7/28/2016Morgan StanleyLower Price TargetUnderweight$11.00 -> $8.00N/AView Rating Details
2/23/2016MacquarieReiterated RatingNeutral$19.00 -> $13.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Gogo (NASDAQ:GOGO)
Earnings by Quarter for Gogo (NASDAQ:GOGO)
Earnings History by Quarter for Gogo (NASDAQ GOGO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017($0.50)N/AView Earnings Details
8/7/2017Q2 2017($0.49)($0.56)$167.63 million$172.80 millionViewListenView Earnings Details
5/4/2017Q1 2017($0.52)($0.52)$160.04 million$165.41 millionViewListenView Earnings Details
2/27/2017Q416($0.46)($0.34)$152.03 million$160.00 millionViewListenView Earnings Details
11/3/2016Q316($0.45)($0.42)$146.77 million$147.30 millionViewListenView Earnings Details
8/4/2016Q216($0.40)($0.31)$141.46 million$147.50 millionViewListenView Earnings Details
5/6/2016Q116($0.42)($0.31)$138.04 million$141.70 millionViewListenView Earnings Details
2/25/2016Q415($0.41)($0.43)$131.94 million$137.80 millionViewListenView Earnings Details
11/5/2015Q315($0.41)($0.37)$124.15 million$126.40 millionViewListenView Earnings Details
8/6/2015Q215($0.31)($0.32)$122.06 million$121.20 millionViewListenView Earnings Details
5/7/2015Q115($0.28)($0.24)$112.39 million$115.50 millionViewListenView Earnings Details
2/26/2015Q414($0.31)($0.28)$106.50 million$109.20 millionViewListenView Earnings Details
11/10/2014Q3($0.26)($0.29)$103.70 million$104.00 millionViewListenView Earnings Details
8/11/2014Q214($0.22)($0.22)$99.40 million$99.50 millionViewListenView Earnings Details
5/12/2014Q114($0.25)($0.20)$94.58 million$95.70 millionViewListenView Earnings Details
3/13/2014Q413($0.27)($0.26)$85.68 million$92.60 millionViewListenView Earnings Details
11/11/2013Q313($0.31)($0.22)$76.80 million$85.40 millionViewListenView Earnings Details
8/7/2013Q2 2013($0.37)($0.23)$73.18 million$79.40 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gogo (NASDAQ:GOGO)
2017 EPS Consensus Estimate: ($1.93)
2018 EPS Consensus Estimate: ($1.68)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.62)($0.50)($0.55)
Q2 20173($0.50)($0.48)($0.49)
Q3 20173($0.54)($0.46)($0.50)
Q4 20173($0.49)($0.27)($0.39)
Q1 20181($0.51)($0.51)($0.51)
Q2 20181($0.39)($0.39)($0.39)
Q3 20182($0.40)($0.38)($0.39)
Q4 20182($0.39)($0.38)($0.39)
Q1 20192($0.44)($0.29)($0.37)
Q2 20191($0.28)($0.28)($0.28)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Gogo (NASDAQ:GOGO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Gogo (NASDAQ:GOGO)
Insider Ownership Percentage: 37.30%
Institutional Ownership Percentage: 66.50%
Insider Trades by Quarter for Gogo (NASDAQ:GOGO)
Institutional Ownership by Quarter for Gogo (NASDAQ:GOGO)
Insider Trades by Quarter for Gogo (NASDAQ:GOGO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/11/2016Michael SmallInsiderBuy50,000$8.94$447,000.00View SEC Filing  
11/8/2016Robert H. MundheimDirectorBuy15,000$9.42$141,300.00View SEC Filing  
11/7/2016Charles C TownsendDirectorBuy300,000$9.69$2,907,000.00View SEC Filing  
8/30/2016Arbela TakhshSVPSell1,785$11.99$21,402.15View SEC Filing  
8/30/2016Charles C TownsendDirectorBuy52,867$11.84$625,945.28View SEC Filing  
8/12/2016Oakleigh ThorneDirectorBuy31,971$11.24$359,354.04View SEC Filing  
8/11/2016Robert H. MundheimDirectorBuy8,500$11.53$98,005.00View SEC Filing  
8/8/2016Charles C TownsendDirectorBuy200,000$10.73$2,146,000.00View SEC Filing  
8/8/2016Michael SmallInsiderBuy50,000$10.37$518,500.00View SEC Filing  
11/12/2015Charles C TownsendDirectorBuy1,100$15.99$17,589.00View SEC Filing  
4/16/2015John WadeEVPSell10,000$22.00$220,000.00View SEC Filing  
3/17/2015Jonathan B CobinSVPSell12,980$21.35$277,123.00View SEC Filing  
3/6/2015Oakleigh ThorneDirectorBuy4,980$20.04$99,799.20View SEC Filing  
3/5/2015Anand K ChariEVPSell43,260$20.00$865,200.00View SEC Filing  
3/5/2015Michael SmallCEOSell30,000$20.00$600,000.00View SEC Filing  
8/14/2014Oakleigh ThorneDirectorBuy8,298$14.56$120,818.88View SEC Filing  
6/23/2014Niels SteenstrupSVPSell42,875$19.50$836,062.50View SEC Filing  
5/29/2014John WadeEVPSell5,000$18.00$90,000.00View SEC Filing  
5/28/2014John WadeEVPSell31,700$17.02$539,534.00View SEC Filing  
5/28/2014Niels SteenstrupSVPSell1,674$17.50$29,295.00View SEC Filing  
5/15/2014Charles TownsendDirectorBuy100,000$12.89$1,289,000.00View SEC Filing  
5/14/2014Michael SmallCEOBuy30,000$12.96$388,800.00View SEC Filing  
5/14/2014Oakleigh ThorneDirectorBuy13,001$13.46$174,993.46View SEC Filing  
6/26/2013Jonathan B CobinSVPBuy1,000$17.00$17,000.00View SEC Filing  
6/26/2013Michael SmallCEOBuy20,000$17.00$340,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Gogo (NASDAQ:GOGO)
Latest Headlines for Gogo (NASDAQ:GOGO)
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Chart

Gogo (GOGO) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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