GoHealth Inc. (GOCO) saw an uptrend of 2.77% in the recent trading with $15.22 being its most recent. The current price level -42.02% lower than the highest price of $26.25 marked by the stock while trading over the past 52-weeks, whereas it is 52.05% higher than the lowest price of $10.01 the company dropped to over past 52-weeks. The latest news story on GOCO appeared in Insider Monkey under the title “Is GOCO A Good Stock To Buy Now?” on Dec-16-20.
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Squeezing the time span to 30 day period shows us the stock is currently trading -7.01% below one month high and is +17.89% above of the lowest during that time. Looking into the simple moving average, GoHealth Inc. (GOCO)’s stock stands at a SMA-50 of $12.75 while that of 5-day is reading $15.06.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. GoHealth Inc. (GOCO) last released financial results for the quarter that ended 9/29/2020, posting a surprise factor of -6,400.00% for net revenue. During the reported three-month period, company’s sales were $163.36 billion while analysts on average were estimating the same to be $436.41 million.
The perspective of GoHealth Inc. (NASDAQ:GOCO)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.01 for stock’s EPS in the current quarter. 7 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.65.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 321.18 million. GOCO does have institutional investors; and they hold $1856.84 of the stock.
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, GOCO declared 32,953,201 shares have been sold in 5 insider transactions over the past three months.
As on Sep 29, 2020, Centerbridge Partners, L.P. was the top most holder in GoHealth Inc. (NASDAQ:GOCO) with an ownership of 40.68 million shares of the company or 48.33% of the stake worth $529.9 million. The filing also reveals Price (T.Rowe) Associates Inc as the second largest holder in the company with a control over 6.90% of the outstanding shares. Its stake is worth $75.69 million for having 5.81 million shares in hand.
Viking Global Investors, L.P. also came holding a key position in the company during the recent quarter and it now holds 5.57% of the outstanding shares. With this there are now 122 institutions which have possession in GOCO’s shares.
Investors are for sure keenly observing the recommendations of analysts at Wall Street about the GoHealth Inc. And review of current evaluations agreed by the analysts discloses a Buy rating for GOCO. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.90 for the stock. Lower value of between 0 and 2 implies a Buy recommendation whereas the value in the range of 2 to 3 suggests Hold while above 3 recommends the investors to Sell the stock. Currently, the stock has been recommended as Strong Buy by 11 of the Wall Street analysts.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, GoHealth Inc. has a debt to equity ratio of 1.19. The count was 92.34 for long-term debt to equity ratio.