GoHealth (GOCO) Stock Price, News & Analysis

Company Overview

GoHealth, Inc. operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs. It provides Medicare plans, including Medicare Advantage, Medicare Supplement and Prescription Drug, and Medicare Special Needs Plans. The company also offers partner marketing services. It sells its products through carriers and online platform, as well as independent and external agencies. The company was founded in 2001 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $11.03 to $11.47
• 50-Day Range: $8.28 to $13.36
• 52-Week Range: $7.27 to $16.44
• Volume: 8,195 shs
• Average Volume: 32,250 shs
• Market Capitalization: $258.88 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $13.00
• Consensus Rating: Hold

GoHealth Stock Analysis - MarketRank™

GoHealth scored higher than 40% of companies evaluated by MarketBeat, and ranked 718th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

GoHealth has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

GoHealth has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for GoHealth are expected to grow in the coming year, from ($5.50) to ($3.91) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GoHealth is -3.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of GoHealth is -3.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

GoHealth has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.53% of the float of GoHealth has been sold short.

Short Interest Ratio / Days to Cover

GoHealth has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in GoHealth has recently decreased by 3.86%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GoHealth does not currently pay a dividend.

Dividend Growth

GoHealth does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.53% of the float of GoHealth has been sold short.

Short Interest Ratio / Days to Cover

GoHealth has a short interest ratio ("days to cover") of 8.9.

Change versus previous month

Short interest in GoHealth has recently decreased by 3.86%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

GoHealth has a news sentiment score of 1.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for GoHealth this week, compared to 1 article on an average week.

Search Interest

2 people have searched for GOCO on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, GoHealth insiders have not sold or bought any company stock.

Percentage Held by Insiders

35.01% of the stock of GoHealth is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 24.21% of the stock of GoHealth is held by institutions.

GOCO Stock Analysis - Frequently Asked Questions

How have GOCO shares performed this year?

GoHealth's stock was trading at $13.34 at the beginning of the year. Since then, GOCO stock has decreased by 15.3% and is now trading at $11.30.
View the best growth stocks for 2024 here.

How were GoHealth's earnings last quarter?

GoHealth, Inc. (NASDAQ:GOCO) issued its earnings results on Thursday, May, 9th. The company reported ($0.89) EPS for the quarter, missing analysts' consensus estimates of ($0.84) by $0.05. The company earned $185.60 million during the quarter, compared to analysts' expectations of $184 million. GoHealth had a negative net margin of 4.32% and a negative trailing twelve-month return on equity of 17.17%.

When did GoHealth IPO?

GoHealth (GOCO) raised $750 million in an initial public offering on Wednesday, July 15th 2020. The company issued 39,500,000 shares at a price of $18.00-$20.00 per share. Goldman Sachs, BofA Securities and Morgan Stanley acted as the underwriters for the IPO and Barclays, Credit Suisse, Evercore ISI, RBC Capital Markets, William Blair, Cantor, SunTrust Robinson Humphrey and Loop Capital Markets were co-managers.

Who are GoHealth's major shareholders?

GoHealth's top institutional investors include Geode Capital Management LLC (0.45%), Empowered Funds LLC (0.10%), Barclays PLC (0.04%) and Barclays PLC (0.04%). Insiders that own company stock include Cayman Gp Ltd Ccp III, Blizzard Holdings C LP Cb, Vijay Kotte and Jason Schulz.
View institutional ownership trends.

How do I buy shares of GoHealth?

Shares of GOCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of GoHealth own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GoHealth investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Invesco QQQ (QQQ), Tesla (TSLA), Netflix (NFLX) and Intel (INTC).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/13/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Insurance agents, brokers, & service
• Sub-Industry: Insurance
• Current Symbol: NASDAQ:GOCO
• CUSIP: N/A
• CIK: 1808220
• Web: www.gohealth.com
• Phone: 312-386-8200
• Fax: N/A
• Employees: 2,530
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $13.00
• High Stock Price Target: $13.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +15.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.50)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-63,260,000.00
• Net Margins: -4.32%
• Pretax Margin: -9.81%
• Return on Equity: -17.17%
• Return on Assets: -4.58%

Debt

• Debt-to-Equity Ratio: 1.72
• Current Ratio: 1.18
• Quick Ratio: 1.18

Sales & Book Value

• Annual Sales: $734.67 million
• Price / Sales: 0.35
• Cash Flow: $2.84 per share
• Price / Cash Flow: 3.98
• Book Value: $18.06 per share
• Price / Book: 0.63

Miscellaneous

• Outstanding Shares: 22,910,000
• Free Float: 14,887,000
• Market Cap: $258.88 million
• Optionable: Not Optionable
• Beta: 1.66