NASDAQ:GSHD

Goosehead Insurance (GSHD) Stock Forecast, Price & News

$71.99

-1.58 (-2.15%)

(As of 10/3/2023 ET)

Compare

Today's Range: $71.97
▼
$74.45
50-Day Range: $58.46
▼
$78.47
52-Week Range: $29.23
▼
$79.40

Volume: 236,255 shs
Average Volume: 325,040 shs
Market Capitalization: $1.72 billion

P/E Ratio: 276.90
Dividend Yield: N/A
Price Target: $75.43

Goosehead Insurance MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 4.8% Upside
$75.43 Price Target
Short Interest: Bearish
10.97% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.89
Upright™ Environmental Score
News Sentiment: 0.07
Based on 6 Articles This Week
Insider Trading: Selling Shares
$10.97 M Sold Last Quarter
Proj. Earnings Growth: 75.51%
From $0.49 to $0.86 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.73 out of 5 stars

Finance Sector

763rd out of 872 stocks

Insurance Agents, Brokers, & Service Industry

14th out of 18 stocks

1.4

Analyst's Opinion

Consensus Rating
Goosehead Insurance has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $75.43, Goosehead Insurance has a forecasted upside of 4.8% from its current price of $71.99.
Amount of Analyst Coverage
Goosehead Insurance has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
10.97% of the float of Goosehead Insurance has been sold short.
Short Interest Ratio / Days to Cover
Goosehead Insurance has a short interest ratio ("days to cover") of 7.6.
Change versus previous month
Short interest in Goosehead Insurance has recently increased by 16.59%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Goosehead Insurance does not currently pay a dividend.
Dividend Growth
Goosehead Insurance does not have a long track record of dividend growth.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Goosehead Insurance has received a 19.90% net impact score from Upright. Goosehead Insurance seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is driven by its "Services of insurance agents and brokers" and "Insurance comparison websites" products. See details.
Environmental Sustainability
The Environmental Impact score for Goosehead Insurance is -0.89.

2.3

News and Social Media Coverage

News Sentiment
Goosehead Insurance has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Goosehead Insurance this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for GSHD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
11 people have added Goosehead Insurance to their MarketBeat watchlist in the last 30 days. This is an increase of 120% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Goosehead Insurance insiders have sold 3,352.71% more of their company's stock than they have bought. Specifically, they have bought $317,750.00 in company stock and sold $10,970,990.00 in company stock.
Percentage Held by Insiders
42.50% of the stock of Goosehead Insurance is held by insiders. A high percentage of insider ownership can be a sign of company health.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Goosehead Insurance are expected to grow by 75.51% in the coming year, from $0.49 to $0.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Goosehead Insurance is 276.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 110.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of Goosehead Insurance is 276.90, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 60.25.
Price to Earnings Growth Ratio
Goosehead Insurance has a PEG Ratio of 3.73. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

About Goosehead Insurance (NASDAQ:GSHD) Stock

Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. It offers homeowner's, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services. The company has 2,125 franchise locations. Goosehead Insurance, Inc. was founded in 2003 and is headquartered in Westlake, Texas.

GSHD Price History

30 days | 90 days | 365 days | Advanced Chart

GSHD Stock News Headlines

October 3, 2023 | finance.yahoo.com

Clearcover Announces Partner-Centric API Integration

October 3, 2023 | msn.com

JP Morgan Maintains Goosehead Insurance Inc - (GSHD) Neutral Recommendation

October 4, 2023 | Edge On The Street (Ad)

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October 3, 2023 | americanbankingnews.com

Goosehead Insurance (NASDAQ:GSHD) PT Raised to $60.00

September 26, 2023 | americanbankingnews.com

Goosehead Insurance, Inc (NASDAQ:GSHD) Given Average Recommendation of "Moderate Buy" by Brokerages

September 24, 2023 | americanbankingnews.com

Lanni Romney Sells 7,500 Shares of Goosehead Insurance, Inc (NASDAQ:GSHD) Stock

September 21, 2023 | markets.businessinsider.com

GooseHead Insurance’s Buy Rating: A Promising Path to Revenue Resurgence and Stabilization

September 20, 2023 | nasdaq.com

BMO Capital Upgrades Goosehead Insurance Inc - (GSHD)

October 4, 2023 | Wall Street Fundamentals (Ad)

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September 13, 2023 | finance.yahoo.com

Stocks To Buy: Insurance Leader Goosehead Nears Entry After S&P 600 Inclusion

September 13, 2023 | finance.yahoo.com

One Goosehead Insurance Insider Raised Their Stake In The Previous Year

September 7, 2023 | benzinga.com

Goosehead Insurance 10% Owner Sold $707K In Company Stock

August 29, 2023 | finance.yahoo.com

Why Jackson Financial Stock Triumphed on Tuesday

August 29, 2023 | finance.yahoo.com

Goosehead Insurance Inc's Meteoric Rise: Unpacking the 26% Surge in Just 3 Months

August 29, 2023 | finanznachrichten.de

S&P Dow Jones Indices: Goosehead Insurance and Jackson Financial Set to Join S&P SmallCap 600

August 28, 2023 | finance.yahoo.com

Goosehead Insurance and Jackson Financial Set to Join S&P SmallCap 600

August 24, 2023 | finance.yahoo.com

Goosehead Insurance Introduces an Agency Launch Program to Champion Aspiring Entrepreneurs

August 16, 2023 | msn.com

Goosehead Insurance: Growing Quickly But At An Unappealing Price Still

August 14, 2023 | finance.yahoo.com

Goosehead Insurance (GSHD) Reported Solid Returns in Q2

August 2, 2023 | msn.com

Goosehead Insurance Inc - (GSHD) Price Target Increased by 12.48% to 74.33

July 29, 2023 | msn.com

BMO Capital Maintains Goosehead Insurance Inc - (GSHD) Market Perform Recommendation

July 28, 2023 | finance.yahoo.com

Q2 2023 Goosehead Insurance Inc Earnings Call

July 27, 2023 | markets.businessinsider.com

Bank of America Securities Remains a Sell on GooseHead Insurance (GSHD)

July 27, 2023 | finance.yahoo.com

Goosehead Insurance, Inc. Announces Second Quarter 2023 Results

July 27, 2023 | seekingalpha.com

Goosehead Insurance Non-GAAP EPS of $0.41 beats by $0.13, revenue of $69.28M beats by $4.05M

July 27, 2023 | msn.com

Goosehead (GSHD) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

July 19, 2023 | morningstar.com

Goosehead Insurance Inc Class A

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GSHD Company Calendar

Last Earnings: 7/26/2023
Today: 10/04/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Insurance agents, brokers, & service
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:GSHD
CUSIP: N/A
CIK: 1726978
Web: www.goosehead.com
Phone: (214) 838-5500
Fax: N/A
Employees: 1,427
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $75.43
High Stock Price Forecast: $100.00
Low Stock Price Forecast: $50.00
Forecasted Upside/Downside: +4.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.26
Trailing P/E Ratio: 276.90
Forward P/E Ratio: 146.92
P/E Growth: 3.73
Net Income: $560,000.00
Net Margins: 2.50%
Pretax Margin: 6.92%
Return on Equity: -28.63%
Return on Assets: 2.63%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.40
Quick Ratio: 1.40

Sales & Book Value

Annual Sales: $209.39 million
Price / Sales: 8.22
Cash Flow: $0.20 per share
Price / Cash Flow: 359.56
Book Value: ($0.90) per share
Price / Book: -79.99

Miscellaneous

Outstanding Shares: 23,900,000
Free Float: 13,742,000
Market Cap: $1.72 billion
Optionable: Optionable
Beta: 1.17

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Key Executives

Mr. Mark E. Jones (Age 61)
Co-Founder, Chairman & CEO
Comp: $1.92M

Ms. Robyn Mary Elizabeth Jones (Age 60)
Co-Founder & Vice Chairman

Mr. Mark K. Miller (Age 57)
Pres, COO & Director
Comp: $574.68k

Mr. Mark E. Jones Jr. (Age 31)
Chief Financial Officer
Comp: $334.4k

Mr. Justin Ricketts
Exec. VP of Technology & Partnerships

Mr. Matt Walker
Managing Director of IT Security & Compliance

John O'Connor
Gen. Counsel & Corp. Sec.

Ms. Ann Challis
Chief Marketing Officer

Ms. Dericka Marshall-Dillon
Managing Director of HR

Mr. Michael Patrick Moxley (Age 40)
Chief Service Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GSHD Stock - Frequently Asked Questions

Should I buy or sell Goosehead Insurance stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Goosehead Insurance in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GSHD shares.
View GSHD analyst ratings or view top-rated stocks.
What is Goosehead Insurance's stock price forecast for 2023?: 6 brokers have issued 12 month price objectives for Goosehead Insurance's stock. Their GSHD share price forecasts range from $50.00 to $100.00. On average, they anticipate the company's share price to reach $75.43 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price.
View analysts price targets for GSHD or view top-rated stocks among Wall Street analysts.
How have GSHD shares performed in 2023?: Goosehead Insurance's stock was trading at $34.34 on January 1st, 2023. Since then, GSHD stock has increased by 109.6% and is now trading at $71.99.
View the best growth stocks for 2023 here.
Are investors shorting Goosehead Insurance?: Goosehead Insurance saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,390,000 shares, an increase of 16.6% from the August 31st total of 2,050,000 shares. Based on an average daily trading volume, of 313,300 shares, the short-interest ratio is presently 7.6 days. Approximately 11.0% of the company's shares are short sold.
View Goosehead Insurance's Short Interest.
When is Goosehead Insurance's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our GSHD earnings forecast.
How were Goosehead Insurance's earnings last quarter?: Goosehead Insurance, Inc (NASDAQ:GSHD) posted its earnings results on Wednesday, July, 26th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.11 by $0.14. The company had revenue of $69.28 million for the quarter, compared to the consensus estimate of $66.08 million. Goosehead Insurance had a negative trailing twelve-month return on equity of 28.63% and a net margin of 2.50%.
What ETFs hold Goosehead Insurance's stock?: ETFs with the largest weight of Goosehead Insurance (NASDAQ:GSHD) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS) and Motley Fool Mid-Cap Growth ETF (TMFM).Invesco Dorsey Wright Financial Momentum ETF (PFI).
What guidance has Goosehead Insurance issued on next quarter's earnings?: Goosehead Insurance updated its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $260.00 million-$267.00 million, compared to the consensus revenue estimate of $268.68 million.

What is Mark E. Jones' approval rating as Goosehead Insurance's CEO?: 309 employees have rated Goosehead Insurance Chief Executive Officer Mark E. Jones on Glassdoor.com. Mark E. Jones has an approval rating of 90% among the company's employees.
What other stocks do shareholders of Goosehead Insurance own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Goosehead Insurance investors own include DocuSign (DOCU), Advance Auto Parts (AAP), Fanhua (FANH), General Motors (GM), KeyCorp (KEY), Novavax (NVAX), PayPal (PYPL), Shopify (SHOP), Syneos Health (SYNH) and AbbVie (ABBV).
When did Goosehead Insurance IPO?: (GSHD) raised $128 million in an IPO on Friday, April 27th 2018. The company issued 8,500,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and BofA Merrill Lynch acted as the underwriters for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and William Blair were co-managers.
What is Goosehead Insurance's stock symbol?: Goosehead Insurance trades on the NASDAQ under the ticker symbol "GSHD."
How do I buy shares of Goosehead Insurance?: Shares of GSHD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Goosehead Insurance's stock price today?: One share of GSHD stock can currently be purchased for approximately $71.99.
How much money does Goosehead Insurance make?: Goosehead Insurance (NASDAQ:GSHD) has a market capitalization of $1.72 billion and generates $209.39 million in revenue each year. The company earns $560,000.00 in net income (profit) each year or $0.26 on an earnings per share basis.
How many employees does Goosehead Insurance have?: The company employs 1,427 workers across the globe.
How can I contact Goosehead Insurance?: Goosehead Insurance's mailing address is 1500 SOLANA BLVD BUILDING 4 SUITE 4500, WESTLAKE TX, 76262. The official website for the company is www.goosehead.com. The company can be reached via phone at (214) 838-5500 or via email at ir@goosehead.com.

This page (NASDAQ:GSHD) was last updated on 10/4/2023 by MarketBeat.com Staff

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