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 - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GOGO
  • CUSIP: N/A
  • Web: www.gogoair.com
Capitalization:
  • Market Cap: $1.04731 billion
  • Outstanding Shares: 86,411,000
Average Prices:
  • 50 Day Moving Avg: $11.69
  • 200 Day Moving Avg: $11.16
  • 52 Week Range: $8.20 - $13.69
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -8.24
  • P/E Growth: -0.49
Sales & Book Value:
  • Annual Revenue: $620.21 million
  • Price / Sales: 1.69
  • Book Value: ($0.89) per share
  • Price / Book: -13.62
Profitability:
  • EBIDTA: $78.98 million
  • Net Margins: -22.86%
  • Return on Assets: -10.22%
Debt:
  • Debt-to-Equity Ratio: -11.42%
  • Current Ratio: 2.48%
  • Quick Ratio: 2.26%
Misc:
  • Average Volume: 850,746 shs.
  • Beta: 1.79
  • Short Ratio: 24.07
 
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) released its earnings results on Thursday, May, 4th. The company reported ($0.52) earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of ($0.52). The firm earned $165.41 million during the quarter, compared to analysts' expectations of $160.04 million. Gogo's revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter last year, the company posted ($0.31) earnings per share. View Gogo's Earnings History.

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

7 equities research analysts have issued twelve-month price targets for Gogo's stock. Their forecasts range from $8.00 to $19.00. On average, they anticipate Gogo's share price to reach $14.83 in the next twelve months. View Analyst Ratings for Gogo.

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, 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 a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.12%) and Fox Run Management L.L.C. (0.02%). 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 bought Gogo stock? Who is buying Gogo stock?

Gogo's stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. 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 $12.12.


MarketBeat Community Rating for Gogo (NASDAQ GOGO)
Community Ranking:  2.3 out of 5 ( )
Outperform Votes:  101 (Vote Outperform)
Underperform Votes:  123 (Vote Underperform)
Total Votes:  224
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, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $14.83 (22.39% upside)

Analysts' Ratings History for Gogo (NASDAQ:GOGO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
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
1/25/2017GuggenheimInitiated CoverageBuy$14.00N/AView Rating Details
9/30/2016William BlairReiterated RatingOutperformN/AView Rating Details
8/31/2016Standpoint ResearchUpgradeHold -> Buy$16.00N/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 7/24/2015 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
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: ($1.67)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.62)($0.50)($0.55)
Q2 20173($0.50)($0.48)($0.49)
Q3 20173($0.50)($0.46)($0.48)
Q4 20173($0.49)($0.27)($0.41)
Q1 20181($0.51)($0.51)($0.51)
Q2 20181($0.39)($0.39)($0.39)
Q3 20181($0.38)($0.38)($0.38)
Q4 20181($0.39)($0.39)($0.39)
Q1 20191($0.44)($0.44)($0.44)
(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: 37.70%
Institutional Ownership Percentage: 64.62%
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)
Source:
DateHeadline
americanbankingnews.com logoGogo Inc. (GOGO) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - July 23 at 4:58 PM
americanbankingnews.com logo$168.35 Million in Sales Expected for Gogo Inc. (GOGO) This Quarter
www.americanbankingnews.com - July 16 at 9:00 AM
americanbankingnews.com logo Brokerages Anticipate Gogo Inc. (NASDAQ:GOGO) to Announce -$0.48 Earnings Per Share
www.americanbankingnews.com - July 14 at 12:03 PM
prnewswire.com logoGogo Inc. to Report Second Quarter 2017 Financial Results on ... - PR Newswire (press release)
www.prnewswire.com - July 14 at 2:23 AM
finance.yahoo.com logoGogo Inc. to Report Second Quarter 2017 Financial Results on August 7, 2017
finance.yahoo.com - July 14 at 2:23 AM
americanbankingnews.com logoGogo Inc. (NASDAQ:GOGO) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 10 at 6:23 PM
streetinsider.com logoForm 4 Gogo Inc. For: Jun 30 Filed by: JONES HUGH W - StreetInsider.com
www.streetinsider.com - July 7 at 2:05 AM
americanbankingnews.com logoGogo Inc. (NASDAQ:GOGO) Downgraded to Sell at Zacks Investment Research
www.americanbankingnews.com - July 6 at 12:26 AM
americanbankingnews.com logoZacks: Brokerages Expect Gogo Inc. (GOGO) Will Post Earnings of -$0.48 Per Share
www.americanbankingnews.com - June 20 at 7:21 AM
americanbankingnews.com logoGogo Inc. (GOGO) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 13 at 6:42 PM
prnewswire.com logoGogo 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
finance.yahoo.com logoGogo Inc. to Participate in the William Blair Growth Stock Conference on June 14, 2017
finance.yahoo.com - June 9 at 10:06 AM
streetinsider.com logoGOGO: Within One Decree of Annihilation
www.streetinsider.com - June 8 at 6:29 PM
americanbankingnews.com logoGogo Inc (GOGO) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 6 at 8:33 PM
finance.yahoo.com logoGogo, Inc. – Value Analysis (NASDAQ:GOGO) : June 6, 2017
finance.yahoo.com - June 6 at 5:56 PM
finance.yahoo.com logoGogo Reaches 200 Installations of its 2Ku Technology
finance.yahoo.com - June 6 at 7:47 AM
finance.yahoo.com logoGogo, Inc. breached its 50 day moving average in a Bearish Manner : GOGO-US : June 5, 2017
finance.yahoo.com - June 5 at 10:49 AM
finance.yahoo.com logoGogo Business Aviation and Rockwell Collins Bring Airshow® Moving Map to Business Aviation
finance.yahoo.com - June 5 at 10:49 AM
finance.yahoo.com logoGogo Inc. (GOGO)
finance.yahoo.com - May 31 at 10:31 PM
thestreet.com logoGogo Stock Climbs on Positive Coverage Initiation at Raymond ... - TheStreet.com
www.thestreet.com - May 31 at 5:27 PM
finance.yahoo.com logoGogo Stock Climbs on Positive Coverage Initiation at Raymond James
finance.yahoo.com - May 31 at 5:27 PM
finance.yahoo.com logoAnalysts' Actions -- Gogo, iRobot, Eli Lilly, VMware and More
finance.yahoo.com - May 31 at 8:59 AM
americanbankingnews.com logoRaymond James Financial, Inc. Initiates Coverage on Gogo Inc (GOGO)
www.americanbankingnews.com - May 31 at 8:40 AM
americanbankingnews.com logo Analysts Expect Gogo Inc (GOGO) Will Post Quarterly Sales of $168.39 Million
www.americanbankingnews.com - May 27 at 10:05 AM
finance.yahoo.com logo3 Stocks With TrueCar-Like Return Potential
finance.yahoo.com - May 26 at 6:11 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Gogo Inc (GOGO) to Announce -$0.49 Earnings Per Share
www.americanbankingnews.com - May 25 at 7:54 AM
finance.yahoo.com logoGogo Business Aviation Launches SCS Smart Cabin Systems
finance.yahoo.com - May 22 at 11:13 AM
finance.yahoo.com logoEBACE: Gogo brings personal touch to IFE
finance.yahoo.com - May 22 at 11:13 AM
americanbankingnews.com logoGogo Inc (GOGO) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 19 at 8:00 PM
prnewswire.com logoK5-Aviation is Gogo's First 2Ku Business Aviation Customer in Europe - PR Newswire (press release)
www.prnewswire.com - May 16 at 10:41 PM
prnewswire.com logoStudy: Millennials Expect Same Wi-Fi Experience in the Air as at Home - PR Newswire (press release)
www.prnewswire.com - May 16 at 10:41 PM
finance.yahoo.com logoStudy: Millennials Expect Same Wi-Fi Experience in the Air as at Home
finance.yahoo.com - May 16 at 11:30 AM
americanbankingnews.com logoGogo Inc (GOGO) Short Interest Down 2.3% in April
www.americanbankingnews.com - May 16 at 8:56 AM
finance.yahoo.com logoK5-Aviation is Gogo's First 2Ku Business Aviation Customer in Europe
finance.yahoo.com - May 15 at 11:16 AM
fool.com logoHere's Why Shares of Gogo Inc. Grew Nearly 15% Last Month - Motley Fool
www.fool.com - May 10 at 10:39 PM
finance.yahoo.com logoGogo Inc. to Participate in the J.P. Morgan Global Technology, Media & Telecom Conference on May 23, 2017
finance.yahoo.com - May 10 at 11:48 AM
finance.yahoo.com logoHere's Why Shares of Gogo Inc. Grew Nearly 15% Last Month
finance.yahoo.com - May 8 at 5:16 PM
finance.yahoo.com logoETFs with exposure to Gogo, Inc. : May 8, 2017
finance.yahoo.com - May 8 at 5:16 PM
americanbankingnews.com logoGogo Inc (GOGO) Releases Quarterly Earnings Results, Meets Expectations
www.americanbankingnews.com - May 8 at 4:40 PM
fool.com logoHere's Why Shares of Gogo Inc. Grew Nearly 15% Last Month
www.fool.com - May 8 at 9:37 AM
finance.yahoo.com logoQuarterly Reports for Gogo Inc. and Sierra Wireless Thrill the Street
finance.yahoo.com - May 8 at 8:24 AM
americanbankingnews.com logoGogo Inc (GOGO) PT Raised to $19.00
www.americanbankingnews.com - May 7 at 7:30 AM
News IconBRIEF-Gogo Qtrly loss per share $0.52
www.businessinsider.com - May 5 at 10:46 PM
finance.yahoo.com logoYou might hate Gogo now, but faster in-flight Wi-Fi is coming
finance.yahoo.com - May 5 at 5:42 PM
finance.yahoo.com logoGogo, Inc. :GOGO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017
finance.yahoo.com - May 5 at 5:42 PM
americanbankingnews.com logoMacquarie Weighs in on Gogo Inc's Q1 2017 Earnings (GOGO)
www.americanbankingnews.com - May 5 at 7:16 AM
seekingalpha.com logoGogo's (GOGO) CEO Michael Small on Q1 2017 Results - Earnings ... - Seeking Alpha
seekingalpha.com - May 4 at 10:41 PM
finance.yahoo.com logoGogo Plans to Add Faster Wi-Fi to Planes
finance.yahoo.com - May 4 at 10:41 PM
finance.yahoo.com logoEdited Transcript of GOGO earnings conference call or presentation 4-May-17 12:30pm GMT
finance.yahoo.com - May 4 at 10:41 PM
investorplace.com logoWhy Gogo Inc (GOGO) Stock Is Soaring Today - Investorplace.com
investorplace.com - May 4 at 5:38 PM

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Chart

Gogo (GOGO) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by MarketBeat.com Staff