NASDAQ:GOGO - Gogo Stock Price, News, & Analysis

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$5.00 -1.57 (-23.90 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$6.57
Today's Range$5.00 - $5.97
52-Week Range$3.52 - $11.75
Volume11.42 million shs
Average Volume1.69 million shs
Market Capitalization$583.35 million
P/E Ratio-2.30
Dividend YieldN/A
Beta0.82
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Communication services, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:GOGO
Previous Symbol
CUSIPN/A
Phone312-517-5000

Debt

Debt-to-Equity RatioN/A
Current Ratio2.08
Quick Ratio1.33

Price-To-Earnings

Trailing P/E Ratio-2.30
Forward P/E Ratio-2.40
P/E GrowthN/A

Sales & Book Value

Annual Sales$699.09 million
Price / Sales0.63
Cash FlowN/A
Price / CashN/A
Book Value($2.99) per share
Price / Book-1.67

Profitability

EPS (Most Recent Fiscal Year)($2.17)
Net Income$-171,990,000.00
Net Margins-16.60%
Return on EquityN/A
Return on Assets-10.92%

Miscellaneous

Employees1,244
Outstanding Shares87,460,000
Market Cap$583.35 million
OptionableOptionable

Gogo (NASDAQ:GOGO) Frequently Asked Questions

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 quarterly earnings data on Tuesday, November, 6th. The technology company reported ($0.47) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.71) by $0.24. The technology company had revenue of $217.26 million for the quarter, compared to analysts' expectations of $212.01 million. The company's revenue for the quarter was up 25.7% on a year-over-year basis. During the same quarter last year, the company earned ($0.57) earnings per share. View Gogo's Earnings History.

When is Gogo's next earnings date?

Gogo is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Gogo.

What guidance has Gogo issued on next quarter's earnings?

Gogo updated its FY 2018 earnings guidance on Tuesday, November, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $865-935 million, compared to the consensus revenue estimate of $894.69 million.

What price target have analysts set for GOGO?

7 analysts have issued 1-year price targets for Gogo's stock. Their predictions range from $2.00 to $15.00. On average, they anticipate Gogo's share price to reach $8.50 in the next year. This suggests a possible upside of 70.0% from the stock's current price. View Analyst Price Targets for Gogo.

What is the consensus analysts' recommendation for Gogo?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gogo in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gogo.

Has Gogo been receiving favorable news coverage?

News stories about GOGO stock have been trending positive this week, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gogo earned a media sentiment score of 2.1 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Gogo?

Gogo saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 32,343,037 shares, a decrease of 9.6% from the October 15th total of 35,772,952 shares. Based on an average daily volume of 1,811,502 shares, the days-to-cover ratio is currently 17.9 days. Currently, 57.6% of the company's stock are sold short. View Gogo's Current Options Chain.

Who are some of Gogo's key competitors?

Who are Gogo's key executives?

Gogo's management team includes the folowing people:
  • Mr. Oakleigh B. Thorne, Pres, CEO & Director (Age 60)
  • Mr. Barry L. Rowan, CFO & Exec. VP (Age 61)
  • Mr. Jonathan B. Cobin, Chief Strategy Officer & Exec. VP of Corp. Devel. (Age 45)
  • Mr. John Wade, Pres of Commercial Aviation Division (Age 55)
  • Mr. Anand K. Chari, Strategic Technology Advisor (Age 51)

Who are Gogo's major shareholders?

Gogo's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Valinor Management L.P. (4.97%), Elk Creek Partners LLC (3.83%), Frontier Capital Management Co. LLC (2.90%), Gamco Investors INC. ET AL (1.58%), Gabelli Funds LLC (1.56%) and Capital International Investors (1.38%). 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.

Which major investors are selling Gogo stock?

GOGO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Gabelli Funds LLC, Blair William & Co. IL, Frontier Capital Management Co. LLC, Credit Suisse AG and Arthur M. Cohen & Associates LLC. View Insider Buying and Selling for Gogo.

Which major investors are buying Gogo stock?

GOGO stock was bought by a variety of institutional investors in the last quarter, including Elk Creek Partners LLC, Capital International Investors, Valinor Management L.P., Jefferies Group LLC, S. Muoio & CO. LLC, GSA Capital Partners LLP, First Midwest Bank Trust Division and Gamco Investors INC. ET AL. 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.

How do I buy shares of 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.

What is Gogo's stock price today?

One share of GOGO stock can currently be purchased for approximately $5.00.

How big of a company is Gogo?

Gogo has a market capitalization of $583.35 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 employs 1,244 workers across the globe.

What is Gogo's official website?

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

How can I contact Gogo?

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]


MarketBeat Community Rating for Gogo (NASDAQ GOGO)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  247 (Vote Outperform)
Underperform Votes:  335 (Vote Underperform)
Total Votes:  582
MarketBeat's community ratings are surveys of what our community members think about Gogo 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.
This page was last updated on 11/16/2018 by MarketBeat.com Staff

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