Gogo Company Profile (NASDAQ:GOGO)

About Gogo (NASDAQ:GOGO)

Gogo logoGogo Inc. is a holding company. The Company is a provider of in-flight broadband connectivity and connectivity-enabled services to commercial and business aviation. The Company 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 air-to-ground (ATG) and satellite connectivity and entertainment services to commercial aircraft flying routes generally within North America. The CA-ROW segment offers satellite connectivity and entertainment services, using 2Ku and Ku solutions, to commercial aircraft flying routes outside of North America. The Company's BA segment offers a suite of integrated equipment, network and Internet connectivity products and services to the business aviation market. As of December 31, 2016, it provided services on 2,943 commercial aircraft. The Company offers a package of airborne equipment for its ATG-4/ATG and satellite services.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Wireless Telecommunications Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:GOGO
  • CUSIP: N/A
  • Web: www.gogoair.com
Capitalization:
  • Market Cap: $1.08 billion
  • Outstanding Shares: 86,714,000
Average Prices:
  • 50 Day Moving Avg: $13.44
  • 200 Day Moving Avg: $12.33
  • 52 Week Range: $8.56 - $14.76
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -7.80
  • P/E Growth: -0.53
Sales & Book Value:
  • Annual Revenue: $645.47 million
  • Price / Sales: 1.67
  • Book Value: ($1.34) per share
  • Price / Book: -9.25
Profitability:
  • EBIDTA: $74.39 million
  • Net Margins: -22.58%
  • Return on Assets: -11.62%
Debt:
  • Debt-to-Equity Ratio: -7.56%
  • Current Ratio: 2.01%
  • Quick Ratio: 1.82%
Misc:
  • Average Volume: 692,533 shs.
  • Beta: 1.76
  • Short Ratio: 42.16
 

Frequently Asked Questions for Gogo (NASDAQ:GOGO)

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) issued its earnings results on Monday, August, 7th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.49) by $0.07. The firm had revenue of $172.80 million for the quarter, compared to analysts' expectations of $167.63 million. The business's quarterly revenue was up 17.2% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.31) EPS. View Gogo's Earnings History.

When will Gogo make its next earnings announcement?

Gogo is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Gogo.

Where is Gogo's stock going? Where will Gogo's stock price be in 2017?

6 brokerages have issued 12 month target prices for Gogo's stock. Their forecasts range from $6.75 to $19.00. On average, they anticipate Gogo's share price to reach $13.69 in the next year. View Analyst Ratings for Gogo.

Who are some of Gogo's key competitors?

Who are Gogo's key executives?

Gogo's management team includes the folowing people:

  • Ronald T. LeMay, Executive Chairman of the Board
  • Michael J. Small, President, Chief Executive Officer, Director
  • Barry L. Rowan, Chief Financial Officer, Executive Vice President
  • John Wade, Chief Operating Officer, Executive Vice President
  • Anand K. Chari, Executive Vice President and Chief Technology Officer
  • Marguerite M Elias, Executive Vice President, General Counsel and Secretary
  • Jonathan B. Cobin, Executive Vice President - Global Airline Group
  • Michael P Bayer, Senior Vice President, Chief Accounting Officer, Controller
  • Karen Jackson, Senior Vice President - Human Resource
  • Arbela Takhsh, Senior Vice President - Quality Assurance

Who owns Gogo stock?

Gogo's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.33%), Hodges Capital Management Inc. (4.11%), Harbour Capital Advisors LLC (2.66%), Capital World Investors (2.56%), Elk Creek Partners LLC (1.87%) and Frontier Capital Management Co. LLC (1.82%). Company insiders that own Gogo stock include Arbela Takhsh, Charles C Townsend, Michael Small, Oakleigh Thorne and Robert H Mundheim. View Institutional Ownership Trends for Gogo.

Who sold Gogo stock? Who is selling Gogo stock?

Gogo's stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Capital World Investors, Wells Fargo & Company MN, Elk Creek Partners LLC, Daiwa Securities Group Inc., Engineers Gate Manager LP, Intrinsic Edge Capital Management LLC and OZ Management LP. View Insider Buying and Selling for Gogo.

Who bought Gogo stock? Who is buying Gogo stock?

Gogo's stock was bought by a variety of institutional investors in the last quarter, including Harbour Capital Advisors LLC, Quantitative Investment Management LLC, GSA Capital Partners LLP, Numeric Investors LLC, Vanguard Group Inc., Nomura Holdings Inc., Cornerstone Capital Management Holdings LLC. and State Street Corp. Company insiders that have bought Gogo stock in the last two years include Charles C Townsend, Michael Small, Oakleigh Thorne and Robert H Mundheim. View Insider Buying and Selling for Gogo.

How do I buy Gogo stock?

Shares of Gogo can be purchased through any online brokerage account. Popular online brokerages 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 $12.40.


MarketBeat Community Rating for Gogo (NASDAQ GOGO)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  151 (Vote Underperform)
Total Votes:  277
MarketBeat's community ratings are surveys of what our community members think about Gogo and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Gogo (NASDAQ:GOGO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $13.69 (10.38% upside)

Analysts' Ratings History for Gogo (NASDAQ:GOGO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/19/2017Northland SecuritiesInitiated CoverageUnder Perform -> Under Perform$6.75HighView Rating Details
8/4/2017Standpoint ResearchDowngradeBuy -> HoldMediumView Rating Details
5/31/2017Raymond James Financial, Inc.Initiated CoverageOutperform -> Outperform$15.00MediumView Rating Details
5/7/2017Dougherty & CoBoost Price TargetBuy$17.50 -> $19.00LowView Rating Details
1/25/2017GuggenheimInitiated CoverageBuy$14.00N/AView Rating Details
9/30/2016William BlairReiterated RatingOutperformN/AView Rating Details
8/5/2016J P Morgan Chase & CoLower Price TargetOverweight$18.00 -> $17.00N/AView Rating Details
7/28/2016Morgan StanleyLower Price TargetUnderweight$11.00 -> $8.00N/AView Rating Details
2/23/2016MacquarieReiterated RatingNeutral$19.00 -> $13.00N/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Gogo (NASDAQ:GOGO)
Earnings by Quarter for Gogo (NASDAQ:GOGO)
Earnings History by Quarter for Gogo (NASDAQ GOGO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017        
8/7/2017Q2 2017($0.49)($0.56)$167.63 million$172.80 millionViewListenView Earnings Details
5/4/2017Q1 2017($0.52)($0.52)$160.04 million$165.41 millionViewListenView Earnings Details
2/27/2017Q416($0.46)($0.34)$152.03 million$160.00 millionViewListenView Earnings Details
11/3/2016Q316($0.45)($0.42)$146.77 million$147.30 millionViewListenView Earnings Details
8/4/2016Q216($0.40)($0.31)$141.46 million$147.50 millionViewListenView Earnings Details
5/6/2016Q116($0.42)($0.31)$138.04 million$141.70 millionViewListenView Earnings Details
2/25/2016Q415($0.41)($0.43)$131.94 million$137.80 millionViewListenView Earnings Details
11/5/2015Q315($0.41)($0.37)$124.15 million$126.40 millionViewListenView Earnings Details
8/6/2015Q215($0.31)($0.32)$122.06 million$121.20 millionViewListenView Earnings Details
5/7/2015Q115($0.28)($0.24)$112.39 million$115.50 millionViewListenView Earnings Details
2/26/2015Q414($0.31)($0.28)$106.50 million$109.20 millionViewListenView Earnings Details
11/10/2014Q3($0.26)($0.29)$103.70 million$104.00 millionViewListenView Earnings Details
8/11/2014Q214($0.22)($0.22)$99.40 million$99.50 millionViewListenView Earnings Details
5/12/2014Q114($0.25)($0.20)$94.58 million$95.70 millionViewListenView Earnings Details
3/13/2014Q413($0.27)($0.26)$85.68 million$92.60 millionViewListenView Earnings Details
11/11/2013Q313($0.31)($0.22)$76.80 million$85.40 millionViewListenView Earnings Details
8/7/2013Q2 2013($0.37)($0.23)$73.18 million$79.40 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Gogo (NASDAQ:GOGO)
2017 EPS Consensus Estimate: ($1.93)
2018 EPS Consensus Estimate: ($1.68)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.62)($0.50)($0.55)
Q2 20173($0.50)($0.48)($0.49)
Q3 20173($0.54)($0.46)($0.50)
Q4 20173($0.49)($0.27)($0.39)
Q1 20181($0.51)($0.51)($0.51)
Q2 20181($0.39)($0.39)($0.39)
Q3 20182($0.40)($0.38)($0.39)
Q4 20182($0.39)($0.38)($0.39)
Q1 20192($0.44)($0.29)($0.37)
Q2 20191($0.28)($0.28)($0.28)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Gogo (NASDAQ:GOGO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Gogo (NASDAQ:GOGO)
Insider Ownership Percentage: 37.70%
Institutional Ownership Percentage: 66.51%
Insider Trades by Quarter for Gogo (NASDAQ:GOGO)
Institutional Ownership by Quarter for Gogo (NASDAQ:GOGO)
Insider Trades by Quarter for Gogo (NASDAQ:GOGO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/11/2016Michael SmallInsiderBuy50,000$8.94$447,000.00View SEC Filing  
11/8/2016Robert H. MundheimDirectorBuy15,000$9.42$141,300.00View SEC Filing  
11/7/2016Charles C TownsendDirectorBuy300,000$9.69$2,907,000.00View SEC Filing  
8/30/2016Arbela TakhshSVPSell1,785$11.99$21,402.15View SEC Filing  
8/30/2016Charles C TownsendDirectorBuy52,867$11.84$625,945.28View SEC Filing  
8/12/2016Oakleigh ThorneDirectorBuy31,971$11.24$359,354.04View SEC Filing  
8/11/2016Robert H. MundheimDirectorBuy8,500$11.53$98,005.00View SEC Filing  
8/8/2016Charles C TownsendDirectorBuy200,000$10.73$2,146,000.00View SEC Filing  
8/8/2016Michael SmallInsiderBuy50,000$10.37$518,500.00View SEC Filing  
11/12/2015Charles C TownsendDirectorBuy1,100$15.99$17,589.00View SEC Filing  
4/16/2015John WadeEVPSell10,000$22.00$220,000.00View SEC Filing  
3/17/2015Jonathan B CobinSVPSell12,980$21.35$277,123.00View SEC Filing  
3/6/2015Oakleigh ThorneDirectorBuy4,980$20.04$99,799.20View SEC Filing  
3/5/2015Anand K ChariEVPSell43,260$20.00$865,200.00View SEC Filing  
3/5/2015Michael SmallCEOSell30,000$20.00$600,000.00View SEC Filing  
8/14/2014Oakleigh ThorneDirectorBuy8,298$14.56$120,818.88View SEC Filing  
6/23/2014Niels SteenstrupSVPSell42,875$19.50$836,062.50View SEC Filing  
5/29/2014John WadeEVPSell5,000$18.00$90,000.00View SEC Filing  
5/28/2014John WadeEVPSell31,700$17.02$539,534.00View SEC Filing  
5/28/2014Niels SteenstrupSVPSell1,674$17.50$29,295.00View SEC Filing  
5/15/2014Charles TownsendDirectorBuy100,000$12.89$1,289,000.00View SEC Filing  
5/14/2014Michael SmallCEOBuy30,000$12.96$388,800.00View SEC Filing  
5/14/2014Oakleigh ThorneDirectorBuy13,001$13.46$174,993.46View SEC Filing  
6/26/2013Jonathan B CobinSVPBuy1,000$17.00$17,000.00View SEC Filing  
6/26/2013Michael SmallCEOBuy20,000$17.00$340,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Gogo (NASDAQ:GOGO)
Latest Headlines for Gogo (NASDAQ:GOGO)
Source:
DateHeadline
prnewswire.com logoGogo Inc. Announces Launch of $100 Million Senior Secured Notes Offering - PR Newswire (press release)
www.prnewswire.com - September 20 at 8:57 PM
finance.yahoo.com logoGogo Inc. Announces Pricing of $100 Million Senior Secured Notes Offering
finance.yahoo.com - September 20 at 8:56 PM
finance.yahoo.com logoGogo Inc. Announces Launch of $100 Million Senior Secured Notes Offering
finance.yahoo.com - September 20 at 3:54 PM
finance.yahoo.com logoGogo Intermediate Holdings LLC -- Moody's rates Gogo's senior secured notes B2
finance.yahoo.com - September 20 at 3:54 PM
finance.yahoo.com logoGogo Inc. Announces Successful Consent Solicitation with Respect to Senior Secured Notes due 2022
finance.yahoo.com - September 20 at 3:54 PM
americanbankingnews.com logoVodafone Group PLC (VOD) versus Gogo (GOGO) Financial Contrast
www.americanbankingnews.com - September 20 at 8:08 AM
finance.yahoo.com logoGogo Business Aviation Goes Global with High-Speed Satellite Connectivity Service
finance.yahoo.com - September 19 at 7:11 PM
finance.yahoo.com logoGogo' 'Grossly Overpriced,' Given Competition, Says Northland
finance.yahoo.com - September 19 at 7:11 PM
americanbankingnews.com logoGogo Inc. (GOGO) Now Covered by Analysts at Northland Securities
www.americanbankingnews.com - September 19 at 8:58 AM
finance.yahoo.com logoYour first trade for Thursday, September 14
finance.yahoo.com - September 15 at 12:52 AM
reuters.com logoBRIEF-GOGO INC ANNOUNCES CONSENT SOLICITATION WITH RESPECT TO SENIOR SECURED NOTES DUE 2022
www.reuters.com - September 15 at 12:52 AM
prnewswire.com logoGogo Inc. Announces Consent Solicitation with Respect to Senior Secured Notes due 2022 - PR Newswire (press release)
www.prnewswire.com - September 14 at 7:52 PM
finance.yahoo.com logoGogo Inc. Announces Consent Solicitation with Respect to Senior Secured Notes due 2022
finance.yahoo.com - September 14 at 7:52 PM
nasdaq.com logoGogo Scales New 52-Week High: What's Driving the Stock? - Nasdaq
www.nasdaq.com - September 7 at 7:19 PM
zacks.com logoGogo Scales New 52-Week High: What's Driving the Stock?
www.zacks.com - September 6 at 7:03 PM
finance.yahoo.com logoGogo Scales New 52-Week High: What's Driving the Stock?
finance.yahoo.com - September 6 at 7:03 PM
americanbankingnews.com logoGogo Inc. (GOGO) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - September 3 at 10:56 AM
prnewswire.com logoGogo Inc. to Participate in the Cowen Transportation Conference on September 6, 2017 - PR Newswire (press release)
www.prnewswire.com - August 30 at 12:41 AM
finance.yahoo.com logoGogo Inc. to Participate in the Cowen Transportation Conference on September 6, 2017
finance.yahoo.com - August 29 at 7:38 PM
americanbankingnews.com logoGogo Inc. (GOGO) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - August 29 at 6:36 PM
americanbankingnews.com logoGogo Inc (GOGO) Raised to Strong-Buy at BidaskClub
www.americanbankingnews.com - August 26 at 4:56 PM
bizjournals.com logoAlaska Airlines plans faster in-flight WiFi; Delta tests video service
www.bizjournals.com - August 26 at 3:37 AM
finance.yahoo.com logoGogo Business Aviation's 4G Service Takes Flight
finance.yahoo.com - August 25 at 6:19 AM
americanbankingnews.com logo$173.37 Million in Sales Expected for Gogo Inc. (GOGO) This Quarter
www.americanbankingnews.com - August 25 at 3:00 AM
americanbankingnews.com logo Analysts Anticipate Gogo Inc. (GOGO) to Post -$0.50 Earnings Per Share
www.americanbankingnews.com - August 23 at 8:24 PM
finance.yahoo.com logoAlaska Airlines Selects Gogo's 2Ku Inflight Connectivity Solution for its Entire Boeing and Airbus Fleet
finance.yahoo.com - August 23 at 12:47 AM
americanbankingnews.com logoGogo Inc. Expected to Earn Q3 2017 Earnings of ($0.46) Per Share (GOGO)
www.americanbankingnews.com - August 21 at 3:16 AM
americanbankingnews.com logoGogo Inc. (GOGO) Upgraded to Buy by BidaskClub
www.americanbankingnews.com - August 20 at 7:00 PM
finance.yahoo.com logoETFs with exposure to Gogo, Inc. : August 18, 2017
finance.yahoo.com - August 18 at 7:00 PM
americanbankingnews.com logoGogo Inc. (GOGO) Forecasted to Earn Q1 2019 Earnings of ($0.29) Per Share
www.americanbankingnews.com - August 14 at 9:24 AM
nasdaq.com logoGogo Inc. (GOGO) Q2 Loss Wider Than Expected, Revenues Top - Nasdaq
www.nasdaq.com - August 11 at 12:54 AM
finance.yahoo.com logoGogo Inc. (GOGO) Q2 Loss Wider Than Expected, Revenues Top
finance.yahoo.com - August 11 at 12:54 AM
americanbankingnews.com logoGogo Inc. Forecasted to Earn Q3 2017 Earnings of ($0.54) Per Share (NASDAQ:GOGO)
www.americanbankingnews.com - August 10 at 7:06 AM
prnewswire.com logoGogo Announces Second Quarter 2017 Financial Results - PR Newswire (press release)
www.prnewswire.com - August 9 at 7:22 PM
barrons.com logoGogo Slides On Mixed 2Q Earnings - Barron's
www.barrons.com - August 8 at 11:53 PM
finance.yahoo.com logoGogo, Inc. :GOGO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 8 at 6:50 PM
finance.yahoo.com logoGogo Slides On Mixed 2Q Earnings
finance.yahoo.com - August 8 at 6:50 PM
News IconBRIEF-Gogo reports Q2 loss of $‍0.56 /shr
www.businessinsider.com - August 8 at 5:01 AM
finance.yahoo.com logoEdited Transcript of GOGO earnings conference call or presentation 7-Aug-17 12:30pm GMT
finance.yahoo.com - August 8 at 5:01 AM
americanbankingnews.com logoGogo Inc. (GOGO) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - August 8 at 12:34 AM
nasdaq.com logoEarnings Reaction History: Gogo Inc., 33.3% Follow-Through Indicator, 6.4% Sensitive - Nasdaq
www.nasdaq.com - August 7 at 11:58 PM
investorplace.com logoGogo Inc (GOGO) Shares Sink on Q2 Earnings Miss - Investorplace.com
investorplace.com - August 7 at 11:58 PM
seekingalpha.com logoGogo's (GOGO) CEO Michael Small on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 7 at 6:55 PM
finance.yahoo.com logoGogo Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 7 at 6:55 PM
finance.yahoo.com logoGogo reports 2Q loss
finance.yahoo.com - August 7 at 6:55 PM
investorplace.com logoGogo Inc (GOGO) Shares Sink on Q2 Earnings Miss
investorplace.com - August 7 at 11:56 AM
americanbankingnews.com logoGogo Inc. (NASDAQ:GOGO) Expected to Post Quarterly Sales of $168.24 Million
www.americanbankingnews.com - August 7 at 9:08 AM
americanbankingnews.com logoGogo Inc. (NASDAQ:GOGO) Releases Earnings Results, Misses Estimates By $0.07 EPS
www.americanbankingnews.com - August 7 at 8:50 AM
americanbankingnews.com logoGogo Inc. (GOGO) Upgraded at BidaskClub
www.americanbankingnews.com - August 5 at 2:56 PM
finance.yahoo.com logoGogo, Inc. – Value Analysis (NASDAQ:GOGO) : August 5, 2017
finance.yahoo.com - August 5 at 12:26 AM

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Gogo (GOGO) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff