Gogo Stock Symbol Analysis and Investment Insights

Gogo's stock symbol is GOGO, and it's listed on the NASDAQ stock exchange. This is a significant fact to note, as it affects how you can buy and sell the stock.

The company's primary business is providing in-flight internet and entertainment services to airlines and their passengers. Gogo's services are used by over 2,000 commercial aircraft worldwide.

As of the latest data, Gogo's market capitalization is around $1.5 billion, which is a significant indicator of the company's size and potential. This is a substantial amount of money, and it's essential to consider it when evaluating the stock's value.

Gogo's revenue has been steadily increasing over the years, with a significant spike in 2020 due to the surge in air travel. This growth trend is a positive sign for investors, indicating that the company is performing well.

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The current share price of Gogo is $8.07, a significant drop from its 52-week high of $11.00.

Gogo's stock price has experienced some volatility, with a 1-month change of -9.93% and a 3-month change of -0.86%.

Here's a breakdown of Gogo's performance over the past year:

Gogo's stock has had a remarkable 5-year change of 149.85%, but it's essential to note that its 3-year change has been -39.09%.

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Gogo's stock has skyrocketed, with a 52 Week High of $11.00, a significant increase from its 52 Week Low of $6.17. This volatility can be attributed to various factors, including the company's financial performance.

In 2023, Gogo Inc.'s revenue was $397.58 million, a decrease of -1.61% compared to the previous year's $404.07 million. This decrease in revenue is a notable aspect of the company's financial performance.

The 5 Year Change in Gogo's stock price is a staggering 149.85%, a remarkable increase that far surpasses the S&P's 5 Year Change of 91.99%. This significant difference highlights the unique factors driving Gogo's stock performance.

Here's a comparison of Gogo's stock price performance to the S&P over different time periods:

Gogo's current share price is $8.07, a decrease of -9.93% in the past month and -7.77% in the past year.

Gogo stock has taken a hit, plummeting due to lowered full-year guidance despite decent quarterly results.

Investors are getting nervous, and it's not just the market that's to blame. Morgan Stanley thinks investors are underestimating the competition on the horizon.

Over the past year, Gogo's stock has taken a -5.06% hit, whereas the S&P has seen a +17.58% gain.

Here's a comparison of Gogo's performance against the S&P over different time periods:

Gogo's stock has seen a significant drop since its IPO, with a -50% decline.

Gogo's financial strength is a key aspect to consider when evaluating the stock. The company's quick ratio is 2.61, indicating that it has sufficient liquid assets to cover its short-term liabilities.

In terms of current ratio, Gogo has a ratio of 3.58, which is higher than its competitors, TDS and 300766. This suggests that Gogo has a strong ability to pay its debts and meet its short-term obligations.

Gogo's interest coverage ratio is 1.73, which is lower than TDS's 0.83. This may indicate that Gogo's interest expenses are a significant burden on its cash flow.

Here's a summary of Gogo's financial metrics:

In 2023, Gogo's revenue was $397.58 million, a decrease of -1.61% compared to the previous year's $404.07 million. This decline in revenue may have an impact on the company's financial performance and profitability.

Valuation is a crucial aspect of financial analysis, and it's essential to understand the different metrics used to evaluate a company's worth. Let's take a closer look at the valuation metrics for GOGO, TDS, and 300766.

The Price/Earnings (Normalized) ratio for GOGO is 17.13, which suggests that investors are willing to pay $17.13 for every dollar of earnings. This is a relatively high ratio, indicating that GOGO may be overvalued.

TDS has a significantly higher Price/Earnings (Normalized) ratio of 146.70, which could indicate a potentially overvalued stock. This means investors are willing to pay $146.70 for every dollar of earnings.

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300766's Price/Book Value ratio is 12.48, which is a relatively low ratio. This could indicate that the company's stock is undervalued compared to its book value.

Here's a summary of the valuation metrics for each company:

These metrics provide a snapshot of the companies' valuation, but it's essential to consider other factors, such as growth prospects and industry trends, to make a more informed investment decision.

Gogo Inc. has a strong financial foundation, as evident from its quick ratio of 2.61, which indicates it has sufficient liquid assets to cover its short-term liabilities.

The company's current ratio of 3.58 suggests it has a good balance between its current assets and liabilities, allowing it to meet its short-term obligations.

Gogo Inc.'s interest coverage ratio of 1.73 shows that it has sufficient earnings before interest and taxes (EBIT) to cover its interest expenses, indicating a manageable debt burden.

Here's a summary of Gogo Inc.'s financial strength metrics:

Let's take a closer look at the profitability of these companies. GOGO has a Return on Assets (Normalized) of 9.08%, which is significantly higher than TDS's -0.09% and 300766's -0.81%.

A Return on Equity (Normalized) of 149.37% for GOGO is also impressive, but TDS and 300766 are struggling with -0.29% and -0.95% respectively.

In terms of Return on Invested Capital (Normalized), GOGO stands out with a 12.46% return, while 300766 is actually losing -1.54%. TDS, on the other hand, is managing a 1.68% return.

Here's a summary of the Return on Invested Capital (Normalized) for these companies:

Gogo's earnings calls have provided valuable insights into the company's financial performance, such as the period ending September 30, 2021.

Gogo's earnings have been impacted by the accelerating demand for in-flight broadband services, which is a key driver of the company's growth.

Gogo's stock has jumped in response to this accelerating demand, indicating investor confidence in the company's ability to capitalize on this trend.

Gogo Inc has held earnings calls for the periods ending September 30, 2020, and September 30, 2021.

Gogo Inc has shared its earnings results for the periods ending September 30, 2020, and September 30, 2021, providing valuable insights into the company's financial performance. These earnings calls are an essential part of understanding the company's growth and challenges.

In 2020, Gogo Inc reported Q3 Net Income of $10.6 million, indicating a profitable quarter. This is a significant achievement for the company.

Gogo Inc's total revenue for the period ending September 30, 2020, was $100.5 million, representing a 3% year-over-year increase. This growth is a testament to the company's ability to adapt to changing market conditions.

The company's service revenue for the same period was $81.9 million, also up 3% year-over-year. This suggests that Gogo Inc's services are in high demand.

Adjusted EBITDA for the period ending September 30, 2020, was $34.8 million, providing a clear picture of the company's operational efficiency.

In the world of finance, it's not uncommon to see stocks jump in value due to various factors. Gogo stock jumped today.

Demand trends are a major driver of this increase, and for Gogo, the in-flight broadband provider, demand is still accelerating. This means more people are using their services, which is great news for the company.

Gogo's in-flight broadband services are in high demand, and that's causing their stock to rise. It's a classic case of supply and demand, where the demand for their services is outpacing their supply.

The acceleration of demand is a positive trend for Gogo, and it's likely to continue in the future. This could lead to even more growth and success for the company.

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Gogo is launching Gogo 5G in Q4 2024, which is expected to drive significant revenue and EPS growth in 2025 and 2026. This is a major development that could have a positive impact on the company's financial performance.

Recent acquisitions have likely enhanced Gogo's capabilities, but the article doesn't specify what these acquisitions were. Reduced debt levels may also contribute to improved free cash flow in the future.

According to analyst forecasts, the average rating for GOGO stock is "Buy." Analysts are optimistic about the stock's potential.

Three analysts have provided their predictions, and the consensus is clear. Their average rating suggests a strong endorsement of the stock.

The 12-month stock price forecast is $12.17, which is a significant increase. This represents a 50.81% rise from the latest price.

This forecast is based on the collective opinion of the analysts, and it's a promising sign for investors.

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Gogo Inc. is launching Gogo 5G in Q4 2024, which is expected to drive significant revenue and EPS growth in 2025 and 2026.

The introduction of Gogo 5G is a major development for the company, and it's likely to have a positive impact on their bottom line.

Gogo Inc. has made significant progress in reducing their debt levels, which may enhance future free cash flow.

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Gogo is a leading provider of in-flight internet and entertainment services.

Gogo's stock symbol is GOGO and is listed on the NASDAQ stock exchange.

Gogo was founded in 1999 and is headquartered in Chicago, Illinois.

We're a company that's been around for a while, with a history dating back to 2005. Our mission is to provide high-quality products and services that meet the needs of our customers.

Our headquarters is located in a major city, with a team of experienced professionals working together to achieve our goals. We have a strong presence in the market, with a reputation for excellence and a commitment to customer satisfaction.

We take pride in our ability to adapt to changing circumstances, with a flexible approach that allows us to respond quickly to new opportunities and challenges. Our focus is on innovation and improvement, always looking for ways to do things better and more efficiently.

One of our key strengths is our commitment to customer service, with a dedicated team working to ensure that every customer has a positive experience with our company. We believe in building long-term relationships with our customers, based on trust and mutual respect.

Let's take a closer look at the overview of GOGO stock. Earnings are forecast to grow 19.46% per year. This is a significant increase that could be a major draw for investors.

The company's profit margins have taken a hit, though, dropping from 38.9% last year to 13.9% this year. This decline in profit margins is worth keeping an eye on as it could impact the company's overall performance.