Gogo Inc. (NASDAQ:GOGO – Free Report) – Analysts at Roth Capital issued their FY2026 earnings per share estimates for Gogo in a report issued on Tuesday, November 5th. Roth Capital analyst S. Searle forecasts that the technology company will earn $0.59 per share for the year. The consensus estimate for Gogo’s current full-year earnings is $0.35 per share.
Gogo (NASDAQ:GOGO – Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.06). Gogo had a net margin of 16.59% and a return on equity of 145.01%. The firm had revenue of $102.10 million for the quarter, compared to analyst estimates of $99.02 million. During the same period last year, the company earned $0.20 EPS. The company’s revenue was down 1.1% compared to the same quarter last year.
View Our Latest Analysis on GOGO
Gogo Trading Down 1.1 %
Shares of GOGO opened at $7.93 on Friday. The company has a quick ratio of 3.16, a current ratio of 3.95 and a debt-to-equity ratio of 11.25. Gogo has a 12-month low of $6.17 and a 12-month high of $11.17. The firm has a market capitalization of $1.01 billion, a PE ratio of 15.55 and a beta of 1.10. The stock’s fifty day simple moving average is $7.12 and its 200-day simple moving average is $8.51.
Institutional Investors Weigh In On Gogo
Several large investors have recently modified their holdings of the business. Quest Partners LLC bought a new stake in shares of Gogo in the third quarter worth about $158,000. Royce & Associates LP increased its holdings in shares of Gogo by 39.4% in the third quarter. Royce & Associates LP now owns 123,910 shares of the technology company’s stock worth $890,000 after acquiring an additional 35,025 shares in the last quarter. Olympiad Research LP bought a new stake in shares of Gogo in the third quarter worth about $318,000. Van ECK Associates Corp increased its holdings in shares of Gogo by 44.0% in the third quarter. Van ECK Associates Corp now owns 43,439 shares of the technology company’s stock worth $311,000 after acquiring an additional 13,283 shares in the last quarter. Finally, Brighton Jones LLC bought a new stake in shares of Gogo in the third quarter worth about $72,000. 69.60% of the stock is currently owned by institutional investors.
Gogo Company Profile
Gogo Inc, together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. It offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as production operations functions.
Featured Articles
- Five stocks we like better than Gogo
- Business Services Stocks Investing
- L3Harris: Positioned for Gains With Trump’s Defense Policies
- Profitably Trade Stocks at 52-Week Highs
- Is First Solar’s Earnings Drop a Golden Buying Opportunity?
- Using the MarketBeat Dividend Yield Calculator
- Take-Two Interactive’s 2024 Comeback: New Highs Expected in 2025
Receive News & Ratings for Gogo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gogo and related companies with MarketBeat.com's FREE daily email newsletter.