Gohealth Stock Net Income

GOCO Stock  USD 10.14  0.40  4.11%   
GoHealth fundamentals help investors to digest information that contributes to GoHealth's financial success or failures. It also enables traders to predict the movement of GoHealth Stock. The fundamental analysis module provides a way to measure GoHealth's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to GoHealth stock.
Last ReportedProjected for Next Year
Net Loss-299.7 M-314.7 M
Net Loss-133.8 M-127.1 M
Net Loss-63.3 M-66.4 M
Net Loss(6.81)(7.15)
Net Income Per E B T 0.42  0.40 
As of the 23rd of April 2024, Net Loss is likely to drop to about (314.7 M). In addition to that, Net Loss is likely to grow to about (127.1 M).
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

GoHealth Company Net Income Analysis

GoHealth's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current GoHealth Net Income

    
  (63.26 M)  
Most of GoHealth's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, GoHealth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

GoHealth Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for GoHealth is extremely important. It helps to project a fair market value of GoHealth Stock properly, considering its historical fundamentals such as Net Income. Since GoHealth's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of GoHealth's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of GoHealth's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

GoHealth Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(133,350)

GoHealth reported last year Accumulated Other Comprehensive Income of (127,000)
Based on the recorded statements, GoHealth reported net income of (63.26 Million). This is 104.95% lower than that of the Insurance sector and 111.95% lower than that of the Financials industry. The net income for all United States stocks is 111.08% higher than that of the company.

GoHealth Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GoHealth's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of GoHealth could also be used in its relative valuation, which is a method of valuing GoHealth by comparing valuation metrics of similar companies.
GoHealth is currently under evaluation in net income category among related companies.

GoHealth Institutional Holders

Institutional Holdings refers to the ownership stake in GoHealth that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GoHealth'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 GoHealth's value.
Shares
Bridgeway Capital Management, Llc2023-12-31
18.1 K
Empowered Funds, Llc2023-12-31
18.1 K
Renaissance Technologies Corp2023-12-31
13.1 K
Millennium Management Llc2023-12-31
12.7 K
Charles Schwab Investment Management Inc2023-12-31
12.3 K
Bank Of New York Mellon Corp2023-12-31
11.9 K
Zacks Investment Management Inc2023-12-31
10.7 K
Barclays Plc2023-12-31
9.3 K
Bank Of America Corp2023-12-31
9.2 K
Centerbridge Partners, L.p.2023-09-30
4.2 M
Blackrock Inc2023-12-31
294.7 K

GoHealth Fundamentals

About GoHealth Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GoHealth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoHealth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoHealth based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether GoHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoHealth'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 Gohealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gohealth Stock:
Check out GoHealth Piotroski F Score and GoHealth Altman Z Score analysis.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.
Note that the GoHealth information on this page should be used as a complementary analysis to other GoHealth'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 Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for GoHealth Stock analysis

When running GoHealth's price analysis, check to measure GoHealth'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 GoHealth is operating at the current time. Most of GoHealth's value examination focuses on studying past and present price action to predict the probability of GoHealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoHealth's price. Additionally, you may evaluate how the addition of GoHealth to your portfolios can decrease your overall portfolio volatility.
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Is GoHealth'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 GoHealth. If investors know GoHealth 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 GoHealth 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
4.241
Earnings Share
(7.19)
Revenue Per Share
79.065
Quarterly Revenue Growth
2.988
Return On Assets
(0.03)
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.