Gogo Inc. (NASDAQ:GOGO - Free Report) - Stock analysts at Roth Capital issued their Q1 2025 earnings per share estimates for Gogo in a report released on Monday, March 17th. Roth Capital analyst S. Searle forecasts that the technology company will post earnings per share of $0.03 for the quarter. The consensus estimate for Gogo's current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Gogo's Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.51 EPS, Q1 2026 earnings at $0.16 EPS, Q2 2026 earnings at $0.18 EPS, Q3 2026 earnings at $0.19 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.73 EPS.
GOGO has been the subject of several other reports. StockNews.com cut shares of Gogo from a "hold" rating to a "sell" rating in a research report on Monday, March 17th. Roth Mkm cut their price target on Gogo from $15.50 to $13.00 and set a "buy" rating on the stock in a report on Monday, March 17th.
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Gogo Price Performance
GOGO traded up $0.80 on Thursday, reaching $8.22. The stock had a trading volume of 3,251,882 shares, compared to its average volume of 1,103,654. The firm has a 50-day moving average of $7.75 and a 200-day moving average of $7.55. Gogo has a fifty-two week low of $6.17 and a fifty-two week high of $11.00. The company has a current ratio of 3.58, a quick ratio of 2.81 and a debt-to-equity ratio of 11.07. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 19.12 and a beta of 1.01.
Gogo (NASDAQ:GOGO - Get Free Report) last released its quarterly earnings data on Friday, March 14th. The technology company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.03. Gogo had a net margin of 13.94% and a return on equity of 121.96%. The business had revenue of $137.80 million during the quarter, compared to analysts' expectations of $97.80 million. During the same period in the prior year, the company earned $0.11 EPS. The firm's quarterly revenue was up 40.9% compared to the same quarter last year.
Insiders Place Their Bets
In other Gogo news, Director Oakleigh Thorne bought 30,173 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was bought at an average cost of $6.57 per share, with a total value of $198,236.61. Following the completion of the transaction, the director now directly owns 711,341 shares in the company, valued at approximately $4,673,510.37. The trade was a 4.43 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 26.00% of the company's stock.
Hedge Funds Weigh In On Gogo
A number of hedge funds have recently added to or reduced their stakes in the stock. PharVision Advisers LLC purchased a new stake in Gogo in the 4th quarter valued at about $746,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Gogo by 14.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 237,941 shares of the technology company's stock valued at $1,925,000 after acquiring an additional 29,585 shares during the last quarter. Voloridge Investment Management LLC lifted its holdings in Gogo by 76.1% during the fourth quarter. Voloridge Investment Management LLC now owns 581,706 shares of the technology company's stock worth $4,706,000 after acquiring an additional 251,348 shares during the period. Squarepoint Ops LLC lifted its holdings in Gogo by 222.0% during the fourth quarter. Squarepoint Ops LLC now owns 30,506 shares of the technology company's stock worth $247,000 after acquiring an additional 55,506 shares during the period. Finally, Two Sigma Investments LP boosted its position in Gogo by 50.1% in the fourth quarter. Two Sigma Investments LP now owns 101,778 shares of the technology company's stock worth $823,000 after purchasing an additional 33,960 shares during the last quarter. Institutional investors and hedge funds own 69.60% of the company's stock.
About Gogo
(
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Gogo Inc, together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. It offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as production operations functions.
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