Gogo Inc

Company Profile

Gogo Inc had its IPO on 2013-06-21 under the ticker symbol GOGO.

The company operates in the Communication Services sector and Telecom Services industry. Gogo Inc has a staff strength of 422 employees.

Stock update

Shares of Gogo Inc opened at $11.63 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $11.63 - $12, and closed at $11.71.

This is a -1.43% slip from the previous day's closing price.

A total volume of 822,923 shares were traded at the close of the day’s session.

In the last one week, shares of Gogo Inc have slipped by -0.26%.

Gogo Inc's Key Ratios

Gogo Inc has a market cap of $1.53 billion, indicating a price to book ratio of 0 and a price to sales ratio of 5.1078.

In the last 12-months Gogo Inc’s revenue was $415.30 million with a gross profit of $268.17 million and an EBITDA of $153.63 million. The EBITDA ratio measures Gogo Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Gogo Inc’s operating margin was 33.95% while its return on assets stood at 12% with a return of equity of 0%.

In Q2, Gogo Inc’s quarterly earnings growth was a positive 294.1% while revenue growth was a positive 5.5%.

Gogo Inc’s PE and PEG Ratio

Forward PE

18.7266

Trailing PE

9.9832

PEG

-0.43

Its diluted EPS in the last 12-months stands at $1.19 per share while it has a forward price to earnings multiple of 18.7266 and a PEG multiple of -0.43. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Gogo Inc’s profitability.

Gogo Inc stock is trading at a EV to sales ratio of 6.7279 and a EV to EBITDA ratio of 17.3819. Its price to sales ratio in the trailing 12-months stood at 5.1078.

Gogo Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$745.51 million

Total Liabilities

$62.41 million

Operating Cash Flow

$22.36 million

Capital Expenditure

$8.77 million

Dividend Payout Ratio

0%

Gogo Inc ended 2024 with $745.51 million in total assets and $0 in total liabilities. Its intangible assets were valued at $745.51 million while shareholder equity stood at $9.21 million.

Gogo Inc ended 2024 with $0 in deferred long-term liabilities, $62.41 million in other current liabilities, 14000.00 in common stock, $-1249271000.00 in retained earnings and $600000.00 in goodwill. Its cash balance stood at $97.20 million and cash and short-term investments were $97.20 million. The company’s total short-term debt was $7,250,000 while long-term debt stood at $590.05 million.

Gogo Inc’s total current assets stands at $256.76 million while long-term investments were $0 and short-term investments were $97.20 million. Its net receivables were $50.59 million compared to accounts payable of $17.35 million and inventory worth $60.25 million.

In 2024, Gogo Inc's operating cash flow was $22.36 million while its capital expenditure stood at $8.77 million.

Comparatively, Gogo Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$11.71

52-Week High

$17.94

52-Week Low

$11.01

Analyst Target Price

$18.5

Gogo Inc stock is currently trading at $11.71 per share. It touched a 52-week high of $17.94 and a 52-week low of $17.94. Analysts tracking the stock have a 12-month average target price of $18.5.

Its 50-day moving average was $14.24 and 200-day moving average was $14.96 The short ratio stood at 6.12 indicating a short percent outstanding of 0%.

Around 2747.9% of the company’s stock are held by insiders while 6719.4% are held by institutions.