Gogo Inc. (NASDAQ:GOGO)
Raymond James Downgrades Gogo Inc. (NASDAQ:GOGO)’s stock to Market Perform with no specific Price Target. This rating was issued on 7/24/18. The stock recently closed its previous session at $5.43 by showing a percentage change of -1.99% from its previous day closing price of $5.54.
Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.
Several investment firms issued their expert ratings on Gogo Inc. (NASDAQ:GOGO) in which William Blair Downgrades Gogo Inc. (NASDAQ:GOGO) to Market Perform with no specific Price Target on 7/17/18. Morgan Stanley Maintains the stock to Underweight on 5/30/18 by stationing a price target of $3. UBS Downgrades the company’s stock to Neutral on 5/21/18 with no specific Price Target. Guggenheim Downgrades Gogo Inc. (NASDAQ:GOGO) to Neutral with no specific Price Target.
Gogo Inc. (NASDAQ:GOGO) currently has a consensus Price Target of $3.83. While some analysts have a High Price target for the stock of $7 and a Low Price Target of $1.5.
Several sell side analysts reviewed their recommendations on Gogo Inc. (NASDAQ:GOGO) where 0 analyst have rated the stock as Strong Buy, 0 analysts said it’s a Buy, 4 rated the stock as Hold, 2 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)
Zacks Investment Research also rated the stock with a value of 3.47. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.
In the last Quarter, Gogo Inc. (NASDAQ:GOGO) reported its Actual EPS of $-0.47/share. The analysts offering Earnings Estimates for the company were believing that Gogo Inc. (NASDAQ:GOGO) could bring EPS of $-0.75/share. The difference between Actual EPS and Estimated EPS was 0.28 Percent. Thus the company showed an Earnings Surprise of 37.3 Percent.
Gogo Inc. (NASDAQ:GOGO) has a market capitalization of 474.32 Million. The stock traded with the volume of 1.27 Million shares in the last trading session. The stock touched its high share price of $11.97 on 12/27/17 and the stock also touched its Lowest price in the last 52-weeks of trading on 07/16/18 as $3.52. The company has a 1 Year high price target of $6.83. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of 1.12%. The Moving Average SMA50 is 14.8% while SMA200 is -21.6%.
Gogo Inc. (NASDAQ:GOGO) is currently showing its ROA (Return on Assets) of -11.2%. The Return on Investment (ROI) is at -7.3% while it’s Return on Equity (ROE) value stands at 78.8%. The stock currently shows its YTD (Year to Date) performance of -51.86 percent while its Weekly performance value is -3.38%. The Monthly and Yearly performances are 11.27 percent and -53.55 percent respectively. The Relative Volume value measured for Gogo Inc. (NASDAQ:GOGO) is 0.74. The Average Volume (3 months) is 1.73 Million.
The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. GOGO has P/E (Price to Earnings ttm) value of 0, Forward P/E of 0, P/C (Price to cash per share) of 1.81 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of -5.1 percent.
Gogo is the leading provider of in-flight connectivity and wireless entertainment solutions for the global aviation industry. They currently provide services on approximately 9,600 aircraft, which represents more than 20% of the world’s total commercial and business jet aircraft. Gogo has partnerships with 14 commercial airlines and is installed on more than 2,500 commercial aircraft. Nearly 7,000 business aircraft are also flying with its solutions, including the world’s largest fractional ownership fleets. Gogo also is a factory option at every major business aircraft manufacturer. Gogo is headquartered in Chicago, IL, with additional facilities in Broomfield, CO, and various locations overseas.