About Gogo Inflight Internet (NASDAQ:GOGO)
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
Industry Communication services, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:GOGO
CUSIPN/A
Phone312-517-5000
Debt
Debt-to-Equity Ratio-5.22%
Current Ratio1.87%
Quick Ratio1.73%
Price-To-Earnings
Trailing P/E Ratio-4.14
Forward P/E Ratio-4.56
P/E GrowthN/A
Sales & Book Value
Annual Sales$699.09 million
Price / Sales1.12
Cash FlowN/A
Price / CashN/A
Book Value($2.21) per share
Price / Book-4.07
Profitability
EPS (Most Recent Fiscal Year)($2.17)
Net Income$-171,990,000.00
Net Margins-24.60%
Return on EquityN/A
Return on Assets-12.95%
Miscellaneous
Employees1,244
Outstanding Shares86,840,000
Gogo Inflight Internet (NASDAQ:GOGO) Frequently Asked Questions
What is Gogo Inflight Internet's stock symbol?
Gogo Inflight Internet trades on the NASDAQ under the ticker symbol "GOGO."
How were Gogo Inflight Internet's earnings last quarter?
Gogo Inflight Internet (NASDAQ:GOGO) released its quarterly earnings results on Thursday, February, 22nd. The technology company reported ($0.52) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.48) by $0.04. The technology company earned $188 million during the quarter, compared to analyst estimates of $181.44 million. The firm's revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period last year, the business earned ($0.34) EPS. View Gogo Inflight Internet's Earnings History.
When is Gogo Inflight Internet's next earnings date?
What price target have analysts set for GOGO?
9 equities research analysts have issued 12 month price objectives for Gogo Inflight Internet's stock. Their forecasts range from $6.00 to $19.00. On average, they anticipate Gogo Inflight Internet's stock price to reach $13.80 in the next year. View Analyst Ratings for Gogo Inflight Internet.
Are investors shorting Gogo Inflight Internet?
Gogo Inflight Internet saw a increase in short interest in the month of April. As of April 13th, there was short interest totalling 29,166,239 shares, an increase of 1.1% from the March 30th total of 29,497,089 shares. Based on an average daily volume of 983,680 shares, the short-interest ratio is presently 29.7 days. Currently, 52.0% of the shares of the company are short sold.
Who are some of Gogo Inflight Internet's key competitors?
Some companies that are related to Gogo Inflight Internet include Inmarsat (IMASY), Magyar Telekom (MYTAY), Intelsat (I), Boingo Wireless (WIFI), Orbcomm (ORBC), Calix (CALX), B Communications (BCOM), Hawaiian Telcom (HCOM), RigNet (RNET), Remark (MARK), Global Eagle Entertainment (ENT), Lithium (LTUM), DropCar (DCAR), Plaintree Systems (PTEEF) and Directview (DIRV).
Who are Gogo Inflight Internet's key executives?
Gogo Inflight Internet'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 Inflight Internet been receiving favorable news coverage?
News coverage about GOGO stock has been trending somewhat positive on Tuesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gogo Inflight Internet earned a coverage optimism score of 0.12 on Accern's scale. They also assigned press coverage about the technology company an impact score of 45.04 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
How do I buy shares of Gogo Inflight Internet?
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 Inflight Internet's stock price today?
One share of GOGO stock can currently be purchased for approximately $8.99.
How big of a company is Gogo Inflight Internet?
Gogo Inflight Internet has a market capitalization of $787.67 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 Inflight Internet employs 1,244 workers across the globe.
How can I contact Gogo Inflight Internet?
Gogo Inflight Internet'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 Inflight Internet (GOGO)
MarketBeat's community ratings are surveys of what our community members think about Gogo Inflight Internet 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.
Gogo Inflight Internet (NASDAQ:GOGO) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Gogo Inflight Internet in the last 12 months. Their average twelve-month price target is $13.80, suggesting that the stock has a possible upside of 53.50%. The high price target for GOGO is $19.00 and the low price target for GOGO is $6.00. There are currently 2 sell ratings, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Buy |
| Consensus Rating Score: | 2.22 | 2.22 | 2.50 | 2.50 |
| Ratings Breakdown: | 2 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $13.80 | $13.80 | $14.35 | $14.35 |
| Price Target Upside: | 53.50% upside | 47.91% upside | 21.82% upside | 21.82% upside |
Gogo Inflight Internet (NASDAQ:GOGO) Consensus Price Target History
Gogo Inflight Internet (NASDAQ:GOGO) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
Gogo Inflight Internet (NASDAQ:GOGO) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Gogo Inflight Internet (NASDAQ GOGO) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 37.30%
Institutional Ownership Percentage: 77.35%
Gogo Inflight Internet (NASDAQ GOGO) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 3/8/2018 | Charles C Townsend | Director | Buy | 100,000 | $9.32 | $932,000.00 | |  |
| 11/27/2017 | Michele Coleman Mayes | Director | Buy | 900 | $10.29 | $9,261.00 | 900 | |
| 11/6/2017 | Michael Small | Insider | Buy | 100,000 | $8.79 | $879,000.00 | 398,224 | |
| 11/11/2016 | Michael Small | Insider | Buy | 50,000 | $8.94 | $447,000.00 | 294,832 | |
| 11/8/2016 | Robert H. Mundheim | Director | Buy | 15,000 | $9.42 | $141,300.00 | | |
| 11/7/2016 | Charles C Townsend | Director | Buy | 300,000 | $9.69 | $2,907,000.00 | | |
| 8/30/2016 | Arbela Takhsh | SVP | Sell | 1,785 | $11.99 | $21,402.15 | 13,311 | |
| 8/30/2016 | Charles C Townsend | Director | Buy | 52,867 | $11.84 | $625,945.28 | | |
| 8/12/2016 | Oakleigh Thorne | Director | Buy | 31,971 | $11.24 | $359,354.04 | | |
| 8/11/2016 | Robert H. Mundheim | Director | Buy | 8,500 | $11.53 | $98,005.00 | | |
| 8/8/2016 | Charles C Townsend | Director | Buy | 200,000 | $10.73 | $2,146,000.00 | | |
| 8/8/2016 | Michael Small | Insider | Buy | 50,000 | $10.37 | $518,500.00 | 244,832 | |
| 11/12/2015 | Charles C Townsend | Director | Buy | 1,100 | $15.99 | $17,589.00 | | |
| 4/16/2015 | John Wade | EVP | Sell | 10,000 | $22.00 | $220,000.00 | | |
| 3/17/2015 | Jonathan B Cobin | SVP | Sell | 12,980 | $21.35 | $277,123.00 | | |
| 3/6/2015 | Oakleigh Thorne | Director | Buy | 4,980 | $20.04 | $99,799.20 | | |
| 3/5/2015 | Anand K Chari | EVP | Sell | 43,260 | $20.00 | $865,200.00 | | |
| 3/5/2015 | Michael Small | CEO | Sell | 30,000 | $20.00 | $600,000.00 | | |
| 8/14/2014 | Oakleigh Thorne | Director | Buy | 8,298 | $14.56 | $120,818.88 | | |
| 6/23/2014 | Niels Steenstrup | SVP | Sell | 42,875 | $19.50 | $836,062.50 | | |
| 5/29/2014 | John Wade | EVP | Sell | 5,000 | $18.00 | $90,000.00 | | |
| 5/28/2014 | John Wade | EVP | Sell | 31,700 | $17.02 | $539,534.00 | | |
| 5/28/2014 | Niels Steenstrup | SVP | Sell | 1,674 | $17.50 | $29,295.00 | | |
| 5/15/2014 | Charles Townsend | Director | Buy | 100,000 | $12.89 | $1,289,000.00 | | |
| 5/14/2014 | Michael Small | CEO | Buy | 30,000 | $12.96 | $388,800.00 | 117,919 | |
| 5/14/2014 | Oakleigh Thorne | Director | Buy | 13,001 | $13.46 | $174,993.46 | | |
| 6/26/2013 | Jonathan B Cobin | SVP | Buy | 1,000 | $17.00 | $17,000.00 | | |
| 6/26/2013 | Michael Small | CEO | Buy | 20,000 | $17.00 | $340,000.00 | | |
(Data available from 1/1/2013 forward)
Gogo Inflight Internet (NASDAQ GOGO) News Headlines
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Gogo Inflight Internet (NASDAQ:GOGO) SEC Filings
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Gogo Inflight Internet (NASDAQ:GOGO) Income Statement, Balance Sheet and Cash Flow Statement
Gogo Inflight Internet (NASDAQ GOGO) Stock Chart for Tuesday, April, 24, 2018
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