NASDAQ:GOGO - Gogo Stock Price, News, & Analysis

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$4.96 -0.03 (-0.60 %)
(As of 03/20/2019 11:57 AM ET)
Previous Close$4.99
Today's Range$4.93 - $5.02
52-Week Range$2.64 - $9.74
Volume15,094 shs
Average Volume1.59 million shs
Market Capitalization$434.30 million
P/E Ratio-2.72
Dividend YieldN/A
Beta1.3
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.

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Industry, Sector and Symbol

Industry Communication services, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:GOGO
CUSIPN/A
Phone312-517-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$893.76 million
Cash Flow$0.1083 per share
Book Value($3.07) per share

Profitability

Net Income$-162,030,000.00

Miscellaneous

Employees1,153
Market Cap$434.30 million
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, hitting the Thomson Reuters' consensus estimate of ($0.74). The technology company earned $217.22 million during the quarter, compared to analyst estimates of $214.50 million. The business's revenue for the quarter was up 15.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.52) EPS. View Gogo's Earnings History.

When is Gogo's next earnings date?

Gogo is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for Gogo.

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 (EPS) 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?

5 brokerages 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 $6.50 in the next twelve months. This suggests a possible upside of 31.0% from the stock's current price. View Analyst Price Targets for Gogo.

What is the consensus analysts' recommendation for Gogo?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 sell rating, 3 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?

Media coverage about GOGO stock has been trending somewhat positive on Wednesday, InfoTrie 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 companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gogo earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.

Are investors shorting Gogo?

Gogo saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 31,878,874 shares, an increase of 4.4% from the February 15th total of 30,527,647 shares. Based on an average trading volume of 2,380,076 shares, the days-to-cover ratio is presently 13.4 days. Approximately 56.9% of the company's stock are sold short. View Gogo's Current Options Chain.

Who are some of Gogo's key competitors?

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), Transocean (RIG), Athabasca Oil (ATH), Twitter (TWTR), Netflix (NFLX) and Advanced Micro Devices (AMD).

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 acquired 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 $4.96.

How big of a company is Gogo?

Gogo has a market capitalization of $434.30 million and generates $893.76 million in revenue each year. The technology company earns $-162,030,000.00 in net income (profit) each year or ($1.83) on an earnings per share basis. Gogo employs 1,153 workers across the globe.

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]


MarketBeat Community Rating for Gogo (NASDAQ GOGO)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  263 (Vote Outperform)
Underperform Votes:  359 (Vote Underperform)
Total Votes:  622
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.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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