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
SymbolNASDAQ:GOGO
CUSIPN/A
Phone312-517-5000
Debt
Debt-to-Equity Ratio-4.44
Current Ratio2.01
Quick Ratio1.43
Price-To-Earnings
Trailing P/E Ratio-2.10
Forward P/E Ratio-2.07
P/E GrowthN/A
Sales & Book Value
Annual Sales$699.09 million
Price / Sales0.57
Cash FlowN/A
Price / CashN/A
Book Value($2.21) per share
Price / Book-2.07
Profitability
EPS (Most Recent Fiscal Year)($2.17)
Net Income$-171,990,000.00
Net Margins-18.42%
Return on EquityN/A
Return on Assets-11.25%
Miscellaneous
Employees1,244
Outstanding Shares87,350,000
Market Cap$372.12 million
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) posted its quarterly earnings results on Wednesday, August, 8th. The technology company reported ($0.47) earnings per share for the quarter, topping the consensus estimate of ($0.74) by $0.27. The technology company had revenue of $227.50 million for the quarter, compared to the consensus estimate of $207.64 million. The firm's revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.56) EPS. View Gogo's Earnings History.
When is Gogo's next earnings date?
What price target have analysts set for GOGO?
7 equities research analysts have issued 12 month price objectives for Gogo's stock. Their forecasts range from $1.50 to $15.00. On average, they expect Gogo's share price to reach $8.3750 in the next twelve months. This suggests a possible upside of 83.3% 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.
Are investors shorting Gogo?
Gogo saw a increase in short interest in July. As of July 31st, there was short interest totalling 33,416,458 shares, an increase of 6.5% from the July 13th total of 31,380,501 shares. Based on an average daily volume of 2,286,689 shares, the days-to-cover ratio is currently 14.6 days. Approximately 59.9% of the shares of the stock 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), Hawaiian Telcom HoldCo (HCOM), RigNet (RNET), Global Eagle Entertainment (ENT), B Communications (BCOM), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Plaintree Systems (PTEEF), China Teletech (CNCT), Towerstream (TWER), Directview (DIRV) and RadioIO (RAIO).
Who are Gogo's key executives?
Gogo's management team includes the folowing people:
- Mr. Oakleigh B. Thorne, Pres, CEO & Director (Age 60)
- Mr. John Wade, Exec. VP & COO (Age 55)
- Mr. Anand K. Chari, Exec. VP of Engineering & CTO (Age 51)
- Mr. Barry L. Rowan, CFO & Exec. VP (Age 61)
- Mr. Michael P. Bayer, Chief Accounting Officer, Sr. VP & Controller (Age 49)
Has Gogo been receiving favorable news coverage?
News stories about GOGO stock have been trending somewhat positive on Friday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Gogo earned a daily sentiment score of 0.02 on Accern's scale. They also assigned media coverage about the technology company an impact score of 47.88 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Gogo.
Who are Gogo's major shareholders?
Gogo's stock is owned by many different of institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (2.98%), Gabelli Funds LLC (2.29%), Bank of America Corp DE (1.96%), Gamco Investors INC. ET AL (1.39%), First Midwest Bank Trust Division (0.50%) and Schwab Charles Investment Management Inc. (0.31%). Company insiders that own Gogo stock include Arbela Takhsh, 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 Harbour Capital Advisors LLC, S. Muoio & CO. LLC, Frontier Capital Management Co. LLC, BNP Paribas Arbitrage SA, Schwab Charles Investment Management Inc. and Cito Capital Group LLC. View Insider Buying and Selling for Gogo.
Which institutional investors are buying Gogo stock?
GOGO stock was bought by a variety of institutional investors in the last quarter, including First Midwest Bank Trust Division, Gabelli Funds LLC, Gamco Investors INC. ET AL, Bank of America Corp DE, Teton Advisors Inc., Russell Investments Group Ltd., Arthur M. Cohen & Associates LLC and Engineers Gate Manager LP. 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 $4.57.
How big of a company is Gogo?
Gogo has a market capitalization of $372.12 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.
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.
