Gogo Inc. (GOGO) – The Long Game That Investors Are Missing

TOWNSEND CHARLES C, Director, added 35,611 shares of Gogo Inc. (GOGO) to its portfolio at the rate of $5.66 per share valuing $201,708 on May 14. The insider has now 1,054,267 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Gogo Inc. (GOGO) was $4.59. Currently, the 1st Resistance Point for this stock is $4.69, with a 2nd Resistance Point sitting at $4.80. Meanwhile, this company’s stock has a 1st Support Level at $4.41 and a 2nd Support Level at $4.24. Gogo Inc. (GOGO) stock has gained $0.39, or 9.29%, in the past five days. In the last full month, these shares have gained $0.20, or 4.56%. In the past three months, this stock’s price has risen by $0.43, or 10.34%. This year-to-date, Gogo Inc. (GOGO) shares have gained $1.60, or 53.51%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Gogo Inc. (GOGO) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”

In the most recently-reported fiscal quarter, which ended in Mar-19, Gogo Inc. (GOGO) reported earnings of -$0.25 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.50 per share, representing a 0.25 difference and -50.00% surprise. In the previous quarter ending in Dec-18, the reported earnings of -$0.74 represented a 0 difference from the consensus estimate calling for -$0.74 per share, which was a -0.54% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is -$0.59 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was -$0.45 and the low estimate was -$0.73. In the year-ago quarter, Gogo Inc. (GOGO) generated per-share earnings of -$0.47. If the analysts are correct about the current quarter’s earnings, the growth will be -25.53% .

Turning our focus now to insider trading activity, there have been 5 purchases (102,625 shares in total) and 12 sale (7,538 shares in total) in the last 3 months. In the last 6 months, there have been 18 insider buys amounting to 515,090 shares and 27 insider sales amounting to 15,239 shares. In the past full year, 18 insider purchases were made (involving 515,090 shares) and 29 insider sell-offs equivalent to 15,939 shares.

Moving onto liquidity, Gogo Inc. (GOGO) has a Current Ratio of 1.95, a Quick Ratio of 1.31 and a Cash Ratio of 0.75. Looking at this company’s capital structure, its Total Debt to Total Capital is 135.50, and its Total Debt to Total Assets is now 81.08. Looking even further ahead into the future, its Long-Term Debt to Total Capital is 135.42.