Gogo Inc Stock Fundamentals
GOGO Stock | USD 8.78 0.11 1.27% |
Gogo Inc fundamentals help investors to digest information that contributes to Gogo's financial success or failures. It also enables traders to predict the movement of Gogo Stock. The fundamental analysis module provides a way to measure Gogo'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 Gogo stock.
At this time, Gogo's EBIT is very stable compared to the past year. As of the 29th of March 2024, Research Development is likely to grow to about 64.4 M, while Depreciation And Amortization is likely to drop about 15.9 M. Gogo | Select Account or Indicator |
Gogo Price To Earning Analysis
Gogo's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
More About Price To Earning | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 67.5M | 38.9M | 36.0M | 64.3M | Depreciation And Amortization | 15.6M | 14.8M | 16.7M | 15.9M |
P/E | = | Market Value Per ShareEarnings Per Share |
Current Gogo Price To Earning | 6.19 X |
Most of Gogo's fundamental indicators, such as Price To Earning, 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, Gogo Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Gogo Retained Earnings
Based on the latest financial disclosure, Gogo Inc has a Price To Earning of 6.19 times. This is 92.76% lower than that of the Wireless Telecommunication Services sector and 87.63% lower than that of the Communication Services industry. The price to earning for all United States stocks is 78.45% higher than that of the company.
Gogo Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Gogo's current stock value. Our valuation model uses many indicators to compare Gogo value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gogo competition to find correlations between indicators driving Gogo's intrinsic value. More Info.Gogo Inc is one of the top stocks in return on asset category among related companies. It is one of the top stocks in number of shares shorted category among related companies making about 113,193,327 of Number Of Shares Shorted per Return On Asset. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Gogo by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Gogo's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Gogo's earnings, one of the primary drivers of an investment's value.Gogo Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gogo'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 Gogo could also be used in its relative valuation, which is a method of valuing Gogo by comparing valuation metrics of similar companies.Gogo is currently under evaluation in net income category among related companies.
Gogo 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.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 Fundamentals
Return On Asset | 0.1 | ||||
Profit Margin | 0.37 % | ||||
Operating Margin | 0.25 % | ||||
Current Valuation | 1.66 B | ||||
Shares Outstanding | 128.07 M | ||||
Shares Owned By Insiders | 27.64 % | ||||
Shares Owned By Institutions | 70.11 % | ||||
Number Of Shares Shorted | 11.4 M | ||||
Price To Earning | 6.19 X | ||||
Price To Book | 27.58 X | ||||
Price To Sales | 2.83 X | ||||
Revenue | 397.58 M | ||||
Gross Profit | 268.17 M | ||||
EBITDA | 140.87 M | ||||
Net Income | 145.68 M | ||||
Cash And Equivalents | 180.08 M | ||||
Cash Per Share | 1.40 X | ||||
Total Debt | 678.09 M | ||||
Debt To Equity | 8.56 % | ||||
Current Ratio | 3.27 X | ||||
Book Value Per Share | 0.32 X | ||||
Cash Flow From Operations | 78.97 M | ||||
Short Ratio | 10.10 X | ||||
Earnings Per Share | 1.09 X | ||||
Price To Earnings To Growth | (0.43) X | ||||
Target Price | 14.0 | ||||
Number Of Employees | 457 | ||||
Beta | 1.07 | ||||
Market Capitalization | 1.12 B | ||||
Total Asset | 781.54 M | ||||
Retained Earnings | (1.21 B) | ||||
Working Capital | 242.6 M | ||||
Current Asset | 468.01 M | ||||
Current Liabilities | 197.58 M | ||||
Z Score | 0.3 | ||||
Net Asset | 781.54 M |
About Gogo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gogo Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gogo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gogo Inc 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.Last Reported | Projected for 2024 | ||
Current Deferred Revenue | 1 M | 952.8 K | |
Total Revenue | 397.6 M | 454.3 M | |
Cost Of Revenue | 149.7 M | 214.4 M | |
Ebit Per Revenue | 0.31 | 0.33 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Gogo Piotroski F Score and Gogo Altman Z Score analysis. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Stocks Directory Find actively traded stocks across global markets | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
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.