Gogo Inc Stock Today
| GOGO Stock | USD 8.37 0.13 1.58% |
Performance0 of 100
| Odds Of DistressLess than 1
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Gogo is selling at 8.37 as of the 19th of April 2024; that is 1.58% increase since the beginning of the trading day. The stock's open price was 8.24. Gogo has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Gogo Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Telecommunication Services | IPO Date 21st of June 2013 | Category Communication Services |
Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado. Gogo operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. The company has 128.07 M outstanding shares of which 11.65 M shares are currently shorted by private and institutional investors with about 10.24 trading days to cover. More on Gogo Inc
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Follow Valuation Options Odds of Bankruptcy
Financial Report 1st of May 2024
Gogo Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Gogo's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Gogo or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Michael Small | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Communication (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [U.S. Global GO GOLD and Precious Metal Miners ETF, GOGO Lead Tech AB] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Wireless Telecommunication Services, Telecommunication Services, Communication Services, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Communication, Communication Services, Wireless Telecommunication Services, Telecom Services, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Gogo report their recommendations after researching Gogo's financial statements, talking to executives and customers, or listening in on Gogo's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Gogo Inc. The Gogo consensus assessment is calculated by taking the average forecast from all of the analysts covering Gogo. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Gogo's profitability, liquidity, and operating efficiency, Gogo Inc is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Gogo Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Gogo's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Gogo's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gogo's financial leverage. It provides some insight into what part of Gogo's total assets is financed by creditors.
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Gogo Inc (GOGO) is traded on NASDAQ Exchange in USA. It is located in 105 Edgeview Drive, Broomfield, CO, United States, 80021 and employs 457 people. Gogo is listed under Wireless Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gogo's market, we take the total number of its shares issued and multiply it by Gogo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Gogo Inc conducts business under Wireless Telecommunication Services sector and is part of Communication Services industry. The entity has 128.07 M outstanding shares of which 11.65 M shares are currently shorted by private and institutional investors with about 10.24 trading days to cover.
Gogo Inc currently holds about 180.08 M in cash with 78.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.4.
Check Gogo Probability Of Bankruptcy
Ownership AllocationGogo secures a total of 128.07 Million outstanding shares. The majority of Gogo Inc outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Gogo to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Gogo Inc. Please pay attention to any change in the institutional holdings of Gogo Inc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Gogo Ownership Details
Gogo Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Gogo jumping above the current price in 90 days from now is about 81.7%. The Gogo Inc probability density function shows the probability of Gogo stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.8417. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Gogo will likely underperform. Additionally, gogo Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Gogo to move above the current price in 90 days from now is about 81.7 (This Gogo Inc probability density function shows the probability of Gogo Stock to fall within a particular range of prices over 90 days) .
Gogo Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Gogo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Gogo's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Gogo's value.| Instituion | Recorded On | Shares | |
| Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 1.5 M | |
| Geode Capital Management, Llc | 2023-12-31 | 1.5 M | |
| Lb Partners Llc | 2023-12-31 | 1.4 M | |
| Scp Investment, Lp | 2023-12-31 | 1.3 M | |
| Jpmorgan Chase & Co | 2023-12-31 | 879.6 K | |
| Northern Trust Corp | 2023-12-31 | 727.6 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 632.3 K | |
| Deutsche Bank Ag | 2023-12-31 | 583.8 K | |
| Kennedy Capital Management Inc | 2023-12-31 | 548.5 K | |
| Gtcr Llc | 2023-12-31 | 31.7 M | |
| Blackrock Inc | 2023-12-31 | 10.3 M |
Gogo Historical Income Statement
Gogo Inc Income Statement is one of the three primary financial statements used for reporting Gogo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Gogo Inc revenue and expense. Gogo Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Gogo's EBIT is very stable compared to the past year. As of the 19th of April 2024, Research Development is likely to grow to about 64.4 M, while Depreciation And Amortization is likely to drop about 15.9 M. View More FundamentalsGogo Stock Against Markets
Picking the right benchmark for Gogo stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Gogo stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Gogo is critical whether you are bullish or bearish towards Gogo Inc at a given time. Please also check how Gogo's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Gogo without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Gogo Corporate Directors
Gogo corporate directors refer to members of a Gogo board of directors. The board of directors generally takes responsibility for the Gogo's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Gogo's board members must vote for the resolution. The Gogo board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Harris Williams | Independent Director | Profile | |
| Charles Townsend | Independent Director | Profile | |
| Christopher Payne | Director | Profile | |
| Michele Mayes | Director | Profile |
How to buy Gogo Stock?
Before investing in Gogo, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Gogo. To buy Gogo stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Gogo. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Gogo stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Gogo Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Gogo Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Gogo Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Gogo Stock please use our How to Invest in Gogo guide.
Already Invested in Gogo Inc?
The danger of trading Gogo Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Gogo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Gogo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Gogo Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Gogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gogo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gogo Inc Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Gogo Inc information on this page should be used as a complementary analysis to other Gogo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Gogo Stock analysis
When running Gogo's price analysis, check to measure Gogo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gogo is operating at the current time. Most of Gogo's value examination focuses on studying past and present price action to predict the probability of Gogo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gogo's price. Additionally, you may evaluate how the addition of Gogo to your portfolios can decrease your overall portfolio volatility.
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Is Gogo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gogo. If investors know Gogo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gogo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.47) | Earnings Share 1.09 | Revenue Per Share 3.064 | Quarterly Revenue Growth (0.1) | Return On Assets 0.1007 |
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gogo's market value can be influenced by many factors that don't directly affect Gogo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.