NASDAQ:GOGO - Gogo Stock Price, News & Analysis

$3.88
-0.17 (-4.20 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$3.87
Now: $3.88
$4.12
50-Day Range
$3.80
MA: $4.26
$4.83
52-Week Range
$2.64
Now: $3.88
$7.82
Volume1.42 million shs
Average Volume1.87 million shs
Market Capitalization$341.71 million
P/E RatioN/A
Dividend YieldN/A
Beta0.97
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. Read More…

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$0.1062 per share
Book Value($4.13) per share

Profitability

Net Income$-162,030,000.00

Miscellaneous

Employees1,153
Market Cap$341.71 million
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 Thursday, August, 8th. The technology company reported ($0.47) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.59) by $0.12. The technology company earned $213.70 million during the quarter, compared to analysts' expectations of $199.62 million. The firm's revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.47) EPS. View Gogo's Earnings History.

When is Gogo's next earnings date?

Gogo is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Gogo.

What guidance has Gogo issued on next quarter's earnings?

Gogo issued an update on its FY 2019 earnings guidance on Thursday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $800-850 million, compared to the consensus revenue estimate of $822.44 million.

What price target have analysts set for GOGO?

4 Wall Street analysts have issued twelve-month price objectives for Gogo's stock. Their forecasts range from $1.50 to $10.00. On average, they anticipate Gogo's share price to reach $6.1667 in the next twelve months. This suggests a possible upside of 58.9% from the stock's current price. View Analyst Price Targets for Gogo.

What is the consensus analysts' recommendation for 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.

Has Gogo been receiving favorable news coverage?

Press coverage about GOGO stock has been trending positive on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gogo earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Gogo.

Are investors shorting Gogo?

Gogo saw a decline in short interest in July. As of July 31st, there was short interest totalling 32,414,600 shares, a decline of 6.9% from the June 30th total of 34,831,900 shares. Based on an average daily volume of 1,550,000 shares, the short-interest ratio is currently 20.9 days. Approximately 57.9% of the company's shares are short sold. 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), Advanced Micro Devices (AMD), Twitter (TWTR), Athabasca Oil (ATH), Tesla (TSLA) and Transocean (RIG).

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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.21%), BlackRock Inc. (4.52%), North Peak Capital Management LLC (3.88%), Stelliam Investment Management LP (3.76%), Bank of America Corp DE (2.41%) and Tenzing Global Management LLC (1.96%). 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 BlackRock Inc., Stelliam Investment Management LP, Penn Capital Management Co. Inc., Bank of New York Mellon Corp, Russell Investments Group Ltd., Gabelli Funds LLC, Gamco Investors INC. ET AL and JPMorgan Chase & Co.. View Insider Buying and Selling for Gogo.

Which major investors are buying Gogo stock?

GOGO stock was bought by a variety of institutional investors in the last quarter, including North Peak Capital Management LLC, Carlson Capital L P, Tenzing Global Management LLC, Morgan Stanley, Bank of America Corp DE, Vanguard Group Inc., Premier Asset Management LLC and Hodges Capital Management Inc.. 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 $3.88.

How big of a company is Gogo?

Gogo has a market capitalization of $341.70 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.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]


MarketBeat Community Rating for Gogo (NASDAQ GOGO)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  288 (Vote Outperform)
Underperform Votes:  391 (Vote Underperform)
Total Votes:  679
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 8/24/2019 by MarketBeat.com Staff

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