Gogo Stock Price, News & Analysis (NASDAQ:GOGO)

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

Gogo Inc (NASDAQ:GOGO) issued its quarterly earnings data on Thursday, August, 8th. The technology company reported ($0.47) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.59) by $0.12. The technology company had revenue of $213.70 million for the quarter, compared to the consensus estimate of $199.62 million. Gogo's revenue was down 6.1% compared to the same quarter last year. During the same quarter last year, the business earned ($0.47) earnings per share. 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 updated its FY 2019 earnings guidance on Thursday, August, 8th. The company provided earnings per share (EPS) 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 brokerages have issued twelve-month price objectives for Gogo's shares. Their forecasts range from $1.50 to $10.00. On average, they anticipate Gogo's share price to reach $6.17 in the next year. This suggests a possible upside of 5.1% 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.

Media stories about GOGO stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 0.8 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Gogo.

Gogo saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 33,590,000 shares, an increase of 6.3% from the August 30th total of 31,590,000 shares. Based on an average daily trading volume, of 1,940,000 shares, the short-interest ratio is presently 17.3 days. Approximately 62.0% of the shares of the stock are short sold. View Gogo's Current Options Chain.

Some companies that are related to Gogo include Magyar Telekom Tavkozlesi Nyrt (MYTAY), Boingo Wireless (WIFI), Calix (CALX), ORBCOMM (ORBC), RigNet (RNET), Global Eagle Entertainment (ENT), B Communications (BCOM), Remark (MARK), Lithium Co.. (LTUM), Dropcar (DCAR), Plaintree Systems (PTEEF), China Teletech (CNCT), Directview (DIRV), 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), NVIDIA (NVDA), Twitter (TWTR), Athabasca Oil (ATH) and Tesla (TSLA).

Gogo's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include First Midwest Bank Trust Division (0.16%). Company insiders that own Gogo stock include Charles C Townsend, Hugh W Jones, 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 First Midwest Bank Trust Division. 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, Robinhood, Fidelity and Charles Schwab.

One share of GOGO stock can currently be purchased for approximately $5.87.

Gogo has a market capitalization of $516.53 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]