With 1.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.03 million shares. The 52-week range on GOGO shows that it touched its highest point at $13.16 and its lowest point at $6.17 during that stretch. It currently has a 1-year price target of $13.75. Beta for the stock currently stands at 0.97.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GOGO was up-trending over the past week, with a rise of 4.71%, but this was up by 47.54% over a month. Three-month performance surged to 61.48% while six-month performance rose 50.03%. The stock gained 4.52% in the past year, while it has gained 37.33% so far this year. A look at the trailing 12-month EPS for GOGO yields -0.04 with Next year EPS estimates of 0.74. For the next quarter, that number is 0.11. This implies an EPS growth rate of 353.33% for this year and 63.97% for next year.
Float and Shares Shorts:
At present, 131.76 million GOGO shares are outstanding with a float of 72.68 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GOGO since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.38889 being high and $0.32083 being low. For GOGO, this leads to a yearly average estimate of $0.35.
