Shares of Goosehead Insurance, Inc (NASDAQ:GSHD – Get Free Report) have been given an average rating of “Moderate Buy” by the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $84.88.
A number of analysts have commented on the stock. BMO Capital Markets dropped their price target on shares of Goosehead Insurance from $95.00 to $90.00 and set an “outperform” rating on the stock in a research report on Thursday, March 28th. JPMorgan Chase & Co. boosted their price target on shares of Goosehead Insurance from $61.00 to $62.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Truist Financial dropped their price target on shares of Goosehead Insurance from $75.00 to $70.00 and set a “hold” rating on the stock in a research report on Thursday, March 28th. TD Cowen started coverage on shares of Goosehead Insurance in a research report on Wednesday, January 10th. They set an “outperform” rating and a $105.00 price target on the stock. Finally, JMP Securities reiterated a “market outperform” rating and issued a $100.00 target price on shares of Goosehead Insurance in a report on Monday.
Get Our Latest Stock Analysis on Goosehead Insurance
Insider Transactions at Goosehead Insurance
Institutional Trading of Goosehead Insurance
A number of institutional investors and hedge funds have recently made changes to their positions in GSHD. Kayne Anderson Rudnick Investment Management LLC increased its position in Goosehead Insurance by 7.9% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,897,246 shares of the company’s stock worth $151,236,000 after purchasing an additional 212,130 shares in the last quarter. Vanguard Group Inc. increased its position in Goosehead Insurance by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 2,369,254 shares of the company’s stock worth $179,589,000 after purchasing an additional 36,676 shares in the last quarter. BlackRock Inc. increased its position in Goosehead Insurance by 9.2% during the 2nd quarter. BlackRock Inc. now owns 1,569,036 shares of the company’s stock worth $98,677,000 after purchasing an additional 131,733 shares in the last quarter. Wasatch Advisors Inc. increased its position in Goosehead Insurance by 30.7% during the 1st quarter. Wasatch Advisors Inc. now owns 1,496,815 shares of the company’s stock worth $117,605,000 after purchasing an additional 351,769 shares in the last quarter. Finally, Durable Capital Partners LP increased its position in Goosehead Insurance by 24.4% during the 1st quarter. Durable Capital Partners LP now owns 932,444 shares of the company’s stock worth $73,262,000 after purchasing an additional 182,952 shares in the last quarter.
Goosehead Insurance Stock Performance
Shares of GSHD stock opened at $56.50 on Friday. The company’s fifty day simple moving average is $72.94 and its 200-day simple moving average is $73.11. Goosehead Insurance has a 52 week low of $51.06 and a 52 week high of $92.76. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 4.02. The company has a market cap of $2.14 billion, a PE ratio of 99.12, a P/E/G ratio of 3.98 and a beta of 1.28.
Goosehead Insurance (NASDAQ:GSHD – Get Free Report) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.01). The company had revenue of $63.01 million for the quarter, compared to analyst estimates of $68.18 million. Goosehead Insurance had a negative return on equity of 392.58% and a net margin of 5.41%. As a group, equities research analysts anticipate that Goosehead Insurance will post 0.83 EPS for the current year.
About Goosehead Insurance
Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner's, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.
Read More
- Five stocks we like better than Goosehead Insurance
- What is Put Option Volume?
- United Airlines Soars on Earnings Beat
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- J.B. Hunt Hits the Skids: Lower Prices to Come
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for Goosehead Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goosehead Insurance and related companies with MarketBeat.com's FREE daily email newsletter.