GOGO Stock Analysis

GOGO -  USA Stock  

USD 11.01  0.26  2.31%

The latest bullish price patterns experienced by current Gogo shareholders may raise some interest from institutional investors. The stock closed today at a share price of 11.01 on 1,430,100 in trading volume. The company executives have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in May. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.95. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Gogo Inc partners.
Please check Risk vs Return Analysis.

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The Gogo stock analysis report makes it easy to digest most publicly released information about Gogo and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. GOGO stock analysis module also helps to analyze the Gogo price relationship with some important fundamental indicators such as market cap and management efficiency.

GOGO Stock Analysis Notes

About 28.0% of the company shares are held by company insiders. The company recorded a loss per share of 2.08. Gogo Inc had not issued any dividends in recent years. Gogo Inc., through its subsidiaries, provides inflight broadband connectivity and wireless entertainment services to the aviation industry in the United States and internationally. Gogo Inc. was founded in 1991 and is headquartered in Chicago, Illinois. Gogo operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 347 people. To learn more about Gogo Inc call Michael Small at 303 301-3271 or check out www.gogoair.com.

Gogo Quarterly Cost of Revenue

22.38 MillionShare

Gogo Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Gogo's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Gogo Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Gogo Inc has very high historical volatility over the last 90 days
Gogo Inc has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 272.66 M. Net Loss for the year was (45.05 M) with profit before overhead, payroll, taxes, and interest of 185.35 M.
Gogo Inc currently holds about 455.15 M in cash with (146.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.15.
Roughly 64.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: How Much Of Gogo Inc. Do Insiders Own - Simply Wall St

Gogo Inc Upcoming and Recent Events

Earnings reports are used by Gogo to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Gogo previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report9th of August 2021
Next Earnings Report8th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End10th of March 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

GOGO Largest EPS Surprises

Earnings surprises can significantly impact Gogo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2014-11-10
2014-09-30-0.26-0.29-0.0311 
2021-05-06
2021-03-31-0.1205-0.090.030525 
2015-05-07
2015-03-31-0.28-0.240.0414 
View All Earnings Estimates

Gogo SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Gogo prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Gogo investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Gogo Inc specific information freely available to individual and institutional investors to make a timely investment decision.
1st of June 2021
Submission of Matters to a Vote of Security Holders
View
25th of May 2021
Unclassified Corporate Event
View
6th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
3rd of May 2021
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Termination of a Material Definitive Agreement. Entry into a Material Definitive Agreement
View
16th of April 2021
Results of Operations and Financial Condition
View
13th of April 2021
Financial Statements and Exhibits. Other Events. Unclassified Corporate Event. Unregistered Sales of Equity Securities. Entry into a Material Definitive Agreement
View
6th of April 2021
Regulation FD Disclosure
View
1st of April 2021
Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Completion of Acquisition or Disposition of Assets
View

Gogo Thematic Classifications

In addition to having Gogo stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Communication IdeaCommunication
USA Equities from Communication industry as classified by Fama & French

GOGO Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Gogo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gogo Inc backward and forwards among themselves. Gogo's institutional investor refers to the entity that pools money to purchase Gogo's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Gtcr LlcDebt105.7 M185 M
Gtcr LlcCommon Shares12.7 M122.4 M
Tenzing Global Management LlcCommon Shares4.3 M41.5 M
Mudrick Capital Management LpCommon SharesM38.2 M
Blackrock IncCommon Shares3.9 M37.9 M
Vanguard Group IncCommon Shares3.8 M37 M
Group One Trading LpCall Options3.5 M33.7 M
D E Shaw Co IncCommon Shares3.3 M31.9 M
Jpmorgan Chase CoCommon Shares2.2 M20.8 M
Susquehanna International Group LlpPut Options1.4 M13.1 M
Note, although Gogo's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

GOGO Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.28 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 these looking for more risk prefer small-cap and mid-cap equities.

GOGO Profitablity

Gogo's profitability indicators refer to fundamental financial ratios that showcase Gogo's ability to generate income relative to its revenue or operating costs. If, let's say, Gogo is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Gogo's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Gogo's profitability requires more research than a typical breakdown of Gogo's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (63.43) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 30.37 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.3.
Last ReportedProjected for 2021
Return on Investment 12.41  13.39 
Return on Average Assets(0.26) (0.28) 
Return on Average Equity 0.43  0.44 
Return on Invested Capital(0.08) (0.09) 
Return on Sales(0.46) (0.50) 

Management Efficiency

The entity has return on total asset (ROA) of 5.51 % which means that it generated profit of $5.51 on every $100 spent on asset. This is normal as compared to the sector avarege. Gogo management efficiency ratios could be used to measure how well gogo inc manages its routine affairs as well as how well it operates its assets and liabilities. Gogo Return on Investment is quite stable at the moment as compared to the past year. The company's current value of Return on Investment is estimated at 13.39. Return on Average Equity is expected to rise to 0.44 this year, although the value of Return on Average Assets will most likely fall to (0.28) . Gogo Net Current Assets as percentage of Total Assets are quite stable at the moment as compared to the past year. The company's current value of Net Current Assets as percentage of Total Assets is estimated at 11.29. Asset Turnover is expected to rise to 0.34 this year, although the value of Current Assets will most likely fall to about 503.4 M.
Last ReportedProjected for 2021
Book Value per Share(7.79) (8.41) 
Enterprise Value over EBIT(15.00) (16.18) 
Enterprise Value over EBITDA(16.95) (17.39) 
Price to Book Value(1.28) (1.32) 
Tangible Assets Book Value per Share 7.55  7.75 
Enterprise Value1.9 B1.6 B
Tangible Asset Value620.9 M805.2 M

Technical Drivers

As of the 19th of June, Gogo retains the Market Risk Adjusted Performance of 0.1076, downside deviation of 4.17, and Risk Adjusted Performance of 0.0313. Gogo technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Gogo Inc, which can be compared to its competitors. Please check out Gogo Inc information ratio, as well as the relationship between the potential upside and kurtosis to decide if Gogo is priced fairly, providing market reflects its last-minute price of 11.01 per share. Given that Gogo Inc has jensen alpha of 0.0814, we strongly advise you to confirm Gogo Inc's regular market performance to make sure the company can sustain itself at a future point.

Gogo Inc Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. View also all equity analysis or get more info about mavp overlap studies indicator.

Gogo Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Gogo insiders, such as employees or executives, is commonly permitted as long as it does not rely on Gogo's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Gogo insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Gogo Predictive Daily Indicators

Gogo intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Gogo stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Gogo Forecast Models

Gogo time-series forecasting models is one of many Gogo's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Gogo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Gogo Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Gogo stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling GOGO shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Gogo. By using and applying GOGO Stock analysis, traders can create a robust methodology for identifying GOGO entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 28.31  30.54 
EBITDA Margin(0.41) (0.42) 
Gross Margin 0.69  0.68 
Profit Margin(0.93) (1.00) 
Gogo Inc., through its subsidiaries, provides inflight broadband connectivity and wireless entertainment services to the aviation industry in the United States and internationally. Gogo Inc. was founded in 1991 and is headquartered in Chicago, Illinois. Gogo operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 347 people.

Current GOGO Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. GOGO analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. GOGO analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
13.2Hold5Odds
Gogo Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most GOGO analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand GOGO stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Gogo Inc, talking to its executives and customers, or listening to GOGO conference calls.
GOGO Analyst Advice Details

GOGO Stock Analysis Indicators

Gogo Inc stock analysis indicators help investors evaluate how Gogo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Gogo shares will generate the highest return on investment. By understating and applying Gogo stock analysis, traders can identify Gogo position entry and exit signals to maximize returns.
Quick Ratio4.52
Fifty Two Week Low2.42
Revenue Growth4.10%
Shares Short Prior Month13.73M
Average Daily Volume Last 10 Day2.05M
Average Daily Volume In Three Month1.94M
Shares Percent Shares Out12.98%
Gross Margins68.01%
Short Percent Of Float21.32%
Forward Price Earnings24.40
Float Shares45.34M
Fifty Two Week High17.23
Enterprise Value To Ebitda20.76
Fifty Day Average12.10
Two Hundred Day Average11.46
Enterprise Value To Revenue7.43
Please check Risk vs Return 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Gogo Inc 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 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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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 Inc underlying business (such as 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 Gogo value 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.