GoHealth Inc Q3 2024 Earnings Revenue Surpasses Estimates at 118. ...

GOCO Stock  USD 12.78  0.10  0.79%   
About 67 percent of all GoHealth's investors are curious in acquiring. The analysis of the overall prospects from investing in GoHealth suggests that quite a few traders are, at the present time, confidant. GoHealth's investing sentiment overview a quick insight into current market opportunities from investing in GoHealth. Many technical investors use GoHealth stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
  
Revenue Reported at 118.3 million for Q3 2024, exceeding analyst estimates of 106.92 million, but down from 132.0 million in the same period last year.Net

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GoHealth Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards GoHealth can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

GoHealth Fundamental Analysis

We analyze GoHealth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoHealth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoHealth 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.

Short Ratio

Short Ratio Comparative Analysis

GoHealth is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

GoHealth Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with GoHealth stock to make a market-neutral strategy. Peer analysis of GoHealth could also be used in its relative valuation, which is a method of valuing GoHealth by comparing valuation metrics with similar companies.

Peers

GoHealth Related Equities

HUIZHuize Holding   5.38   
0%
100.0%
WTWWillis Towers   2.11   
0%
39.0%
ERIEErie Indemnity   1.98   
0%
36.0%
AJGArthur J   1.44   
0%
26.0%
AONAon PLC   1.33   
0%
24.0%
SLQTSelectquote   1.00   
0%
18.0%
MMCMarsh McLennan   0.66   
0%
12.0%
BROBrown Brown   0.62   
0%
11.0%
EHTHEHealth   0.48   
0%
8.0%
CRVLCorVel Corp   0.81   
15.0%
0%
TIRXTian Ruixiang   2.67   
49.0%
0%
When determining whether GoHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoHealth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gohealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gohealth Stock:
Check out GoHealth Hype Analysis, GoHealth Correlation and GoHealth Performance.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Property & Casualty Insurance space 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 GoHealth. If investors know GoHealth 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 GoHealth 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
4.241
Earnings Share
(3.29)
Revenue Per Share
69.776
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.03)
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth'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 GoHealth's market value can be influenced by many factors that don't directly affect GoHealth'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 GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth'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.