GoHealth Inc. (NASDAQ:GOCO) does about 4.02M shares in volume on a normal day but saw 1734785 shares change hands in Friday trading. The company now has a market cap of 4.93B USD and an enterprise value of about $5.65B. Its current market price is $16.82, marking an increase of 7.07% compared to the previous close of $15.71. The 52 week high reached by this stock is $26.25 whilst the lowest price level in 52 weeks is $15.14. The script in recent trading has seen the stock touch a high of $16.9084 and a low of $15.71.
GoHealth Inc. (GOCO) has a 20-day trading average at $18.31 and the current price is -35.92% off the 52-week high compared with 11.10% distance from its 52-week low. If we look at the stock’s price movements over the week, volatility stands at 7.88%, which decreases to 6.97% over 1 month.
10 analysts observing the GoHealth Inc. (GOCO) stock have set the 12-month price targets for the company’s shares at between $17.00 and $27.00. The consensus objective for the share price is $25.00, suggesting that the stock has a potential upside of 32.72% over the period. The median price target is 23.55% away from the current levels at $22.00.
FactSet Research has provided data showing that 10 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 9 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 11, 2020 when William Blair initiated the stock to “Outperform” and issued a price target of . Morgan Stanley initiated its price target at $17.
The current price level is -9.25%, -9.73%, and -9.73% away from its SMA20, SMA50, and SMA200 respectively, with the GOCO price moving above the 50-day SMA on August 14. GoHealth Inc. (GOCO) stock is down -2.49% over the week and -14.84% over the past month. Its price is -13.57% year-to-date.
The company’s next earnings report is expected on 08/19/2020, with forecasts estimating quarterly EPS at -$0.04 and $0.42 for whole year. Expected sales for next quarter are $168.76 million, which analysts say will come at $860.06 million for the current fiscal year and next year at $1.18 billion. In addition, estimates put the company’s current quarterly revenue at an average of $123.98 million.
To reach the target analysts have set, the stock logically needs to grow 32.72 percent from here.
The company has a return on investment of -5.40%. The forward price to earnings ratio is 20.02. Price to sales ratio is 8.06.
Nationwide Multi Cap Portfolio cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.00% position in GoHealth Inc. thanks to 240.0 shares amounting to $4260.0.