Equities analysts predict that Goosehead Insurance coverage, Inc (NASDAQ:GSHD) will report earnings of $0.10 per share for the present quarter, in line with Zacks. Three analysts have issued estimates for Goosehead Insurance coverage’s earnings, with the best EPS estimate coming in at $0.13 and the bottom estimate coming in at $0.08. Goosehead Insurance coverage reported earnings per share of $0.19 throughout the identical quarter final 12 months, which might counsel a damaging year-over-year development price of 47.4%. The corporate is scheduled to report its subsequent earnings outcomes after the market closes on Wednesday, February twenty third.
In accordance with Zacks, analysts count on that Goosehead Insurance coverage will report full 12 months earnings of $0.52 per share for the present monetary 12 months, with EPS estimates starting from $0.49 to $0.56. For the subsequent 12 months, analysts count on that the corporate will publish earnings of $0.83 per share, with EPS estimates starting from $0.64 to $0.97. Zacks’ earnings per share averages are a imply common based mostly on a survey of sell-side analysts that that present protection for Goosehead Insurance coverage.
GSHD has been the subject of a number of current analyst stories. Truist Monetary diminished their goal value on Goosehead Insurance coverage from $135.00 to $95.00 and set a “maintain” ranking on the inventory in a analysis report on Tuesday, February 1st. JMP Securities minimize their value goal on Goosehead Insurance coverage from $170.00 to $160.00 and set a “market outperform” ranking on the inventory in a report on Friday, January 14th. William Blair restated an “outperform” ranking on shares of Goosehead Insurance coverage in a report on Monday, January twenty fourth. Zacks Funding Analysis downgraded Goosehead Insurance coverage from a “maintain” ranking to a “promote” ranking in a report on Wednesday, January twelfth. Lastly, TheStreet downgraded Goosehead Insurance coverage from a “b” ranking to a “c+” ranking in a report on Wednesday, October twenty seventh. Two analysis analysts have rated the inventory with a promote ranking, two have given a maintain ranking and 5 have issued a purchase ranking to the corporate. Based mostly on knowledge from MarketBeat, the corporate presently has a median ranking of “Maintain” and a median goal value of $145.00.
GSHD opened at $90.22 on Friday. The agency has a market cap of $3.34 billion, a P/E ratio of 237.43, a PEG ratio of 4.22 and a beta of 0.65. Goosehead Insurance coverage has a 52 week low of $78.86 and a 52 week excessive of $181.30. The enterprise’s fifty day easy shifting common is $108.83 and its 200 day easy shifting common is $132.27.
In associated information, COO Michael C. Colby offered 801 shares of the agency’s inventory in a transaction that occurred on Wednesday, December twenty ninth. The inventory was offered at a median value of $130.15, for a complete worth of $104,250.15. The sale was disclosed in a submitting with the SEC, which is accessible by the SEC web site. Additionally, main shareholder & Robyn Jones Descendants Mark offered 6,040 shares of the agency’s inventory in a transaction that occurred on Thursday, December sixteenth. The inventory was offered at a median value of $140.30, for a complete worth of $847,412.00. The disclosure for this sale may be discovered right here. Within the final quarter, insiders offered 46,138 shares of firm inventory valued at $6,350,863. Insiders personal 51.97% of the corporate’s inventory.
Institutional traders have lately made modifications to their positions within the enterprise. Allspring World Investments Holdings LLC purchased a brand new stake in shares of Goosehead Insurance coverage within the 4th quarter price $94,106,000. Wasatch Advisors Inc. raised its stake in shares of Goosehead Insurance coverage by 94.1% within the 4th quarter. Wasatch Advisors Inc. now owns 1,145,046 shares of the corporate’s inventory price $148,948,000 after shopping for an extra 555,090 shares within the final quarter. Capital Worldwide Buyers purchased a brand new stake in shares of Goosehead Insurance coverage within the 2nd quarter price $63,713,000. Wells Fargo & Firm MN grew its holdings in shares of Goosehead Insurance coverage by 108.1% within the 2nd quarter. Wells Fargo & Firm MN now owns 800,829 shares of the corporate’s inventory price $101,945,000 after buying an extra 415,991 shares over the past quarter. Lastly, Capital Analysis World Buyers grew its holdings in shares of Goosehead Insurance coverage by 165.2% within the 4th quarter. Capital Analysis World Buyers now owns 306,471 shares of the corporate’s inventory price $39,866,000 after buying an extra 190,902 shares over the past quarter. 99.18% of the inventory is at the moment owned by hedge funds and different institutional traders.
About Goosehead Insurance coverage
Goosehead Insurance coverage, Inc is a holding firm, which engages within the provision of unbiased private strains of insurance coverage. It operates by the Company Channel and Franchise Channel segments. The Company Channel section consists of company-owned and financed operations with workers who’re employed, educated, and managed by the corporate.
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