Goosehead Insurance - GSHD Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Goosehead Insurance in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GSHD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GSHD, but not buy additional shares or sell existing shares.
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7 brokerages have issued twelve-month price objectives for Goosehead Insurance's stock. Their GSHD share price forecasts range from $57.00 to $181.00. On average, they anticipate the company's stock price to reach $115.33 in the next twelve months. This suggests a possible upside of 218.8% from the stock's current price.
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Goosehead Insurance's stock was trading at $130.08 at the beginning of the year. Since then, GSHD shares have decreased by 72.2% and is now trading at $36.18.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our GSHD earnings forecast.

Goosehead Insurance, Inc (NASDAQ:GSHD) released its earnings results on Wednesday, July, 27th. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.04. The firm earned $53 million during the quarter, compared to the consensus estimate of $50.93 million. Goosehead Insurance had a net margin of 1.36% and a negative trailing twelve-month return on equity of 3.53%. The firm's quarterly revenue was up 38.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 EPS.

Goosehead Insurance updated its FY 2022 earnings guidance on Wednesday, October, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $194.00 million-$205.00 million, compared to the consensus revenue estimate of $201.73 million.

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.

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).

(GSHD) raised $128 million in an initial public offering on Friday, April 27th 2018. The company issued 8,500,000 shares at $14.00-$16.00 per share. J.P. Morgan and BofA Merrill Lynch served as the underwriters for the IPO and Keefe, Bruyette & Woods (A Stifel Company) and William Blair were co-managers.

Goosehead Insurance trades on the NASDAQ under the ticker symbol "GSHD."

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.
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One share of GSHD stock can currently be purchased for approximately $36.18.

Goosehead Insurance (NASDAQ:GSHD) has a market capitalization of $1.35 billion and generates $151.31 million in revenue each year. The company earns $5.40 million in net income (profit) each year or $0.11 on an earnings per share basis.

The company employs 1,290 workers across the globe.

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.