Gogo Inc Stock Today

GOGO Stock  USD 8.14  0.03  0.37%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Gogo is selling at 8.14 as of the 28th of November 2024; that is 0.37 percent decrease since the beginning of the trading day. The stock's open price was 8.17. Gogo has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Gogo Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Telecommunication Services
IPO Date
21st of June 2013
Category
Communication Services
Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado. Gogo operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. The company has 125.78 M outstanding shares of which 16.75 M shares are currently shorted by private and institutional investors with about 13.34 trading days to cover. More on Gogo Inc

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Gogo Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentWilliam Davis
Thematic IdeaCommunication (View all Themes)
Old Names[U.S. Global GO GOLD and Precious Metal Miners ETF, GOGO Lead Tech AB]
Business ConcentrationWireless Telecommunication Services, Telecommunication Services, Communication Services, NASDAQ Composite, SP Small-Cap 600, Communication, Communication Services, Wireless Telecommunication Services, Telecom Services, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.40.5087
Significantly Down
Pretty Stable
Total Current Liabilities68.4 M72 M
Notably Down
Pretty Stable
Non Current Liabilities Total823.2 M668.8 M
Fairly Up
Slightly volatile
Total Assets856.7 M781.5 M
Significantly Up
Slightly volatile
Total Current Assets370.8 M314.6 M
Fairly Up
Slightly volatile
Debt Levels
Gogo can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gogo's financial leverage. It provides some insight into what part of Gogo's total assets is financed by creditors.
Liquidity
Gogo Inc currently holds 678.09 M in liabilities with Debt to Equity (D/E) ratio of 8.56, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Gogo Inc has a current ratio of 3.2, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Gogo's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

(7.82 Million)
Gogo Inc (GOGO) is traded on NASDAQ Exchange in USA. It is located in 105 Edgeview Drive, Broomfield, CO, United States, 80021 and employs 457 people. Gogo is listed under Wireless Telecommunication Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.03 B. Gogo Inc conducts business under Wireless Telecommunication Services sector and is part of Communication Services industry. The entity has 125.78 M outstanding shares of which 16.75 M shares are currently shorted by private and institutional investors with about 13.34 trading days to cover. Gogo Inc currently holds about 180.08 M in cash with 78.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.4.
Check Gogo Probability Of Bankruptcy
Ownership Allocation
Gogo Inc has a total of 125.78 Million outstanding shares. The majority of Gogo Inc outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Gogo to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Gogo Inc. Please pay attention to any change in the institutional holdings of Gogo Inc as this could imply that something significant has changed or is about to change at the company. Also note that almost one million seven hundred eighty-six thousand sixty-two invesors are currently shorting Gogo expressing very little confidence in its future performance.
Check Gogo Ownership Details

Gogo Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
1.5 M
D. E. Shaw & Co Lp2024-09-30
1.4 M
Tenzing Global Management Llc2024-09-30
1.3 M
Jpmorgan Chase & Co2024-06-30
1.2 M
Dimensional Fund Advisors, Inc.2024-09-30
987.6 K
Scp Investment, Lp2024-09-30
960 K
Ewing Morris & Co Investment Partners Ltd2024-06-30
944.8 K
Millennium Management Llc2024-06-30
814.8 K
Northern Trust Corp2024-09-30
700.5 K
Gtcr Llc2024-09-30
31.7 M
Blackrock Inc2024-06-30
9.8 M
View Gogo Diagnostics

Gogo Historical Income Statement

At this time, Gogo's EBIT is very stable compared to the past year. As of the 28th of November 2024, Research Development is likely to grow to about 64.4 M, while Depreciation And Amortization is likely to drop about 15.9 M. View More Fundamentals

Gogo Stock Against Markets

Gogo Corporate Management

Crystal GordonGeneral VPProfile
Andrew GeistSenior SolutionsProfile
Gustavo NaderChief OfficerProfile
Anand ChariStrategic AdvisorProfile
When determining whether Gogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gogo'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 Gogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gogo Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Wireless Telecommunication Services 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 Gogo. If investors know Gogo 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 Gogo 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
(0.50)
Earnings Share
0.43
Revenue Per Share
3.139
Quarterly Revenue Growth
0.026
Return On Assets
0.0847
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'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 Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment 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.