NASDAQ:GOGO - Gogo Stock Price, News & Analysis

Gogo trades on the NASDAQ under the ticker symbol "GOGO."

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.

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

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.

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.

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.

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.

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.

Some companies that are related to Gogo include Boingo Wireless (WIFI), ORBCOMM (ORBC), Calix (CALX), Directview (DIRV), RigNet (RNET), Global Eagle Entertainment (ENT), B Communications (BCOM), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Plaintree Systems (PTEEF), China Teletech (CNCT), Towerstream (TWER) and RadioIO (RAIO).

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).

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.

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.

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.

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.

One share of GOGO stock can currently be purchased for approximately $3.88.

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.

The official website for Gogo is http://www.gogoair.com/.

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]