NASDAQ:GOGO - Gogo Stock Price, News & Analysis

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

Gogo Inc (NASDAQ:GOGO) posted its earnings results on Thursday, August, 8th. The technology company reported ($0.47) EPS for the quarter, beating analysts' consensus estimates of ($0.59) by $0.12. The technology company had revenue of $213.70 million for the quarter, compared to analysts' expectations of $199.62 million. The company's revenue for the quarter was down 6.1% on a year-over-year basis. During the same period last year, the business posted ($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 12 month price objectives for Gogo's stock. Their forecasts range from $1.50 to $10.00. On average, they anticipate Gogo's stock price to reach $6.1667 in the next year. This suggests a possible upside of 61.9% 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.

News coverage about GOGO stock has trended positive this week, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gogo earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for Gogo.

Gogo saw a decline in short interest in the month of 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 stock 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), Transocean (RIG), Athabasca Oil (ATH) and Netflix (NFLX).

Gogo's stock is owned by many different of retail and institutional 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 purchased 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 First Midwest Bank Trust Division. 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 $3.81.

Gogo has a market capitalization of $335.54 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]