GOGO - Gogo Inc Stock Price, Fair Value and News

8.14USD+0.02 (+0.25%)Market Closed

Market Summary

USD8.14+0.02

Market Closed

0.25%

GOGO Alerts

1 major insider buys recently.

GOGO Stock Price

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GOGO RSI Chart

GOGO Valuation

Market Cap

1.0B

Price/Earnings (Trailing)

7.16

Price/Sales (Trailing)

2.62

EV/EBITDA

10.12

Price/Free Cashflow

16.63

GOGO Price/Sales (Trailing)

GOGO Profitability

EBT Margin

24.55%

Return on Equity

357.71%

Return on Assets

18.64%

Free Cashflow Yield

6.01%

GOGO Fundamentals

GOGO Revenue

Revenue (TTM)

397.6M

Rev. Growth (Yr)

-9.57%

Rev. Growth (Qtr)

-0.14%

GOGO Earnings

Earnings (TTM)

145.7M

Earnings Growth (Yr)

-47.72%

Earnings Growth (Qtr)

-30.82%

Breaking Down GOGO Revenue

Last 7 days

-7.0%

Last 30 days

-7.4%

Last 90 days

-8.1%

Trailing 12 Months

-43.1%

How does GOGO drawdown profile look like?

GOGO Financial Health

Current Ratio

4.37

Debt/Equity

14.43

Debt/Cashflow

0.13

GOGO Investor Care

Shares Dilution (1Y)

0.12%

Diluted EPS (TTM)

1.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	409.9M	415.3M	407.9M	397.6M
2022	354.6M	370.1M	388.2M	404.1M
2021	272.7M	300.4M	321.1M	335.7M
2020	309.4M	292.8M	277.9M	269.7M
2019	732.5M	576.3M	440.4M	309.0M
2018	765.5M	820.2M	864.5M	893.8M
2017	620.2M	645.5M	671.1M	699.1M
2016	527.1M	553.5M	574.3M	596.5M
2015	428.3M	450.0M	472.3M	500.9M
2014	353.1M	373.2M	391.8M	408.5M
2013	250.0M	271.6M	299.1M	328.1M
2012	178.5M	196.8M	215.2M	233.5M
2011	0	0	0	160.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Gogo Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 02, 2024	jackson karen	acquired	-	-	46,155	for. evp, chf people exp. off
Apr 02, 2024	jackson karen	sold (taxes)	-113,036	8.36	-13,521	for. evp, chf people exp. off
Mar 29, 2024	aguirre sergio a.	sold (taxes)	-70,380	8.78	-8,016	president and coo
Mar 29, 2024	jackson karen	acquired	-	-	12,934	evp, chief people exp. officer
Mar 29, 2024	thorne oakleigh	acquired	-	-	43,017	ceo and chairman
Mar 29, 2024	jackson karen	sold (taxes)	-33,267	8.78	-3,789	evp, chief people exp. officer
Mar 29, 2024	aguirre sergio a.	acquired	-	-	18,323	president and coo
Mar 29, 2024	betjemann jessica	acquired	-	-	7,139	evp and cfo
Mar 29, 2024	betjemann jessica	sold (taxes)	-27,762	8.78	-3,162	evp and cfo
Mar 24, 2024	jackson karen	acquired	-	-	5,949	evp, chief people exp. officer

Which funds bought or sold GOGO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	Concurrent Investment Advisors, LLC	new	-	154,412	154,412	0.01%
Apr 15, 2024	Future Financial Wealth Managment LLC	new	-	8,780	8,780	-%
Apr 15, 2024	OLD NATIONAL BANCORP /IN/	unchanged	-	-14,877	96,755	-%
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-111	-	-%
Apr 11, 2024	Ballentine Partners, LLC	sold off	-100	-139,693	-	-%
Apr 11, 2024	TEALWOOD ASSET MANAGEMENT INC	added	95.61	440,000	1,073,000	0.48%
Apr 10, 2024	Laurus Investment Counsel Inc.	unchanged	-	-316,499	2,456,660	0.86%
Apr 10, 2024	Yarbrough Capital, LLC	unchanged	-	-38,510	250,458	0.01%
Apr 05, 2024	GAMMA Investing LLC	reduced	-77.15	-3,655	1,071	-%
Apr 05, 2024	CWM, LLC	added	171	6,000	10,000	-%

Are Funds Buying or Selling GOGO?

Are funds buying GOGO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GOGO

No. of Funds

GOGO Alerts

1 major insider buys recently.

Unveiling Gogo Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 26, 2024	blackrock inc.	8.0%	10,264,011	SC 13G/A
Feb 14, 2023	sancarin s.l.	2.32%	2,958,245	SC 13G
Feb 03, 2023	blackrock inc.	7.7%	9,773,039	SC 13G
Dec 16, 2022	sancarin s.l.	5.74%	7,300,688	SC 13G
May 10, 2022	thorndale farm, inc.	24.46%	27,118,600	SC 13D/A
May 25, 2021	mudrick capital management, l.p.	1.0%	351,000	SC 13G/A
Apr 13, 2021	silver (equity) holdings, lp	12.0%	12,674,482	SC 13D/A
Apr 01, 2021	silver (equity) holdings, lp	14.7%	12,674,482	SC 13D/A
Feb 16, 2021	north peak capital management, llc	0%	0	SC 13G/A
Feb 12, 2021	mudrick capital management, l.p.	3.3%	0	SC 13G/A

Recent SEC filings of Gogo Inc

View All Filings

Date Filed	Form Type	Document
Apr 04, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 02, 2024	8-K	Current Report
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading

Peers (Alternatives to Gogo Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TMUS	189.7B	78.6B	-1.24%	6.19%	22.8	2.41	-1.27%	221.12%
VZ	167.2B	134.0B	0.71%	0.79%	14.4	1.25	-2.09%	-45.36%
T	115.1B	122.4B	-5.63%	-18.70%	7.99	0.94	1.40%	268.93%
CHTR	38.4B	54.6B	-11.37%	-25.59%	8.12	0.7	1.08%	-10.13%
MID-CAP
CCOI	3.0B	940.9M	-3.10%	-10.17%	2.34	3.17	56.92%	24646.23%
IDCC	2.5B	549.6M	-5.65%	33.30%	11.52	4.49	20.05%	128.48%
GSAT	2.4B	223.8M	-12.24%	25.24%	-95.77	10.58	50.71%	90.38%
CABO	2.2B	1.7B	-8.13%	-44.39%	8.14	1.3	-1.64%	14.23%
SMALL-CAP
ATUS	884.9M	9.2B	-27.34%	-38.41%	16.63	0.1	-4.26%	-72.66%
ATEX	595.0M	3.5M	-7.11%	0.63%	37.6	168.14	115.01%	136.91%
CNSL	496.5M	1.1B	-0.70%	11.46%	-2	0.45	-6.81%	-232.03%
ATNI	416.4M	762.2M	-15.12%	-33.20%	-29.79	0.55	5.03%	51.69%
CXDO	111.7M	53.2M	-12.19%	183.33%	-308.59	2.1	41.66%	98.98%
DISH	-	15.3B	-	-100.00%	-	-	-8.30%	-150.86%

Gogo Inc News

Latest updates

Gogo Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-0.1%	98.00	98.00	103	99.00	108	105	98.00	93.00	92.00	87.00	82.00	74.00	78.00	67.00	55.00	71.00	86.00	81.00	71.00	71.00	217
Costs and Expenses	12.8%	73.00	65.00	69.00	67.00	69.00	69.00	65.00	58.00	60.00	56.00	53.00	46.00	62.00	44.00	38.00	50.00	-88.77	54.00	204	188	-486
S&GA Expenses	14.7%	8.00	7.00	8.00	7.00	7.00	6.00	6.00	6.00	7.00	6.00	5.00	4.00	4.00	4.00	3.00	4.00	-1.98	5.00	13.00	12.00	-20.89
EBITDA Margin	-4.3%	0.37*	0.39*	0.38*	0.38*	0.39*	0.39*	0.39*	0.18*	0.16*	0.11*	0.09*	0.34*	-	-	-	-	-	-	-	-	-
Interest Expenses	2.8%	8.00	8.00	8.00	9.00	9.00	9.00	10.00	11.00	11.00	11.00	16.00	29.00	32.00	31.00	31.00	31.00	31.00	31.00	36.00	33.00	31.00
Income Taxes	-31.1%	5.00	7.00	-63.83	4.00	3.00	8.00	1.00	2.00	-187	0.00	-	0.00	-0.36	-0.06	0.00	0.00	-	0.00	0.00	0.00	0.00
Earnings Before Taxes	-30.9%	19.00	28.00	26.00	25.00	31.00	28.00	23.00	24.00	21.00	20.00	-66.12	-5.85	-16.44	-8.95	-14.06	-9.25	7.00	-2.70	-83.66	-16.59	50.00
EBT Margin	-8.3%	0.25*	0.27*	0.26*	0.26*	0.26*	0.25*	0.24*	0.00*	-0.09*	-0.21*	-0.32*	-0.17*	-	-	-	-	-	-	-	-	-
Net Income	-30.8%	14.00	21.00	90.00	20.00	28.00	20.00	22.00	22.00	219	11.00	-69.25	-7.68	1.00	-80.12	-85.98	-84.78	-22.35	-22.89	-83.96	-16.80	-59.69
Net Income Margin	-5.9%	0.37*	0.39*	0.38*	0.22*	0.23*	0.73*	0.74*	0.51*	0.45*	-0.20*	-0.52*	-0.63*	-	-	-	-	-	-	-	-	-
Free Cashflow	58.5%	24.00	15.00	8.00	15.00	23.00	10.00	16.00	10.00	29.00	25.00	-15.90	24.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.9%	782	767	746	759	760	729	724	685	648	443	352	688	674	984	1,065	1,191	1,215	1,280	1,282	1,297	1,265
Current Assets	9.7%	315	287	257	335	324	290	300	271	250	240	188	530	512	819	390	466	425	479	478	492	586
Cash Equivalents	61.4%	139	86.00	97.00	163	151	152	164	153	146	133	109	455	436	117	156	214	178	218	182	189	191
Inventory	0.6%	63.00	63.00	60.00	54.00	49.00	47.00	43.00	36.00	34.00	30.00	27.00	29.00	28.00	35.00	130	123	35.00	133	152	147	193
Net PPE	-2.8%	98.00	101	104	105	105	99.00	85.00	72.00	64.00	58.00	59.00	62.00	63.00	64.00	463	506	69.00	553	550	565	512
Liabilities	1.0%	741	734	736	847	861	857	869	966	968	1,003	929	1,319	1,315	1,632	1,634	1,678	1,614	1,663	1,646	1,581	1,534
Current Liabilities	15.2%	72.00	63.00	62.00	73.00	84.00	78.00	92.00	188	189	220	188	109	438	456	292	271	253	284	270	271	300
Long Term Debt	-0.2%	588	589	590	689	690	691	692	694	695	696	697	1,164	828	1,127	1,119	1,125	1,101	1,096	1,092	1,030	1,025
LT Debt, Current	0%	7.00	7.00	7.00	7.00	7.00	7.00	7.00	110	110	109	109	-	341	-	-	-	-	-	-	-	-
LT Debt, Non Current	-0.2%	588	589	590	689	690	691	692	694	695	696	697	1,164	828	1,127	1,119	1,125	1,101	1,096	1,092	1,030	1,025
Shareholder's Equity	21.4%	41.00	34.00	9.00	-	-101	-	-	-	-320	-	-	-	-641	-	-	-	-	-	-	-	-
Retained Earnings	1.2%	-1,213	-1,228	-1,249	-1,339	-1,359	-1,387	-1,407	-1,429	-1,451	-1,670	-1,681	-1,612	-1,629	-1,630	-1,550	-1,464	-1,376	-1,355	-1,332	-1,248	-1,228
Additional Paid-In Capital	0.4%	1,402	1,396	1,392	1,386	1,386	1,384	1,379	1,259	1,258	1,240	1,234	1,080	1,089	1,087	1,085	1,082	979	975	971	968	963
Shares Outstanding	-0.3%	128	129	129	129	128	127	129	112	111	110	110	92.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	1,106,885	-	-	-	1,054,416	-	-	-	542,629	-	-	-	164,359	-	-	-	227	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	40.0%	26,152	18,677	15,627	18,514	31,466	27,699	26,374	17,866	30,342	26,754	-14,973	24,574	-15,802	21,498	-25,073	23,890	-14,293	-4,114	11,691	-6,156	93,788
Share Based Compensation	6.2%	5,559	5,235	5,453	5,041	4,964	4,690	5,404	4,007	3,201	5,403	2,892	1,849	-475	3,739	3,164	2,322	-1,067	4,066	4,318	4,327	-3,995
Cashflow From Investing	221.7%	33,264	-27,331	22,364	1,559	-31,289	-19,179	-10,895	-9,055	-4,656	-1,178	-9,753	-702	-2,627	-1,293	-4,194	-876	-1,153	36,565	-14,269	11,707	163,015
Cashflow From Financing	-171.7%	-6,553	-2,412	-104,024	-7,445	-1,736	-20,409	-4,364	-1,879	-4,814	-1,295	-321,608	-3,320	28,438	1,801	-4,865	19,105	670	-663	-2,097	-740	31,199
Buy Backs	-	4,822	-	-	-	-	18,375	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

GOGO Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Total revenue	$ 397,577	$ 404,067	$ 335,716
Operating expenses:
Cost of service revenue (exclusive of items shown below)	69,568	64,427	56,103
Cost of equipment revenue (exclusive of items shown below)	63,383	71,473	46,092
Engineering, design and development	36,683	29,587	24,874
Sales and marketing	29,797	25,471	20,985
General and administrative	57,280	58,203	51,554
Depreciation and amortization	16,701	12,580	15,482
Total operating expenses	273,412	261,741	215,090
Operating income	124,165	142,326	120,626
Other expense (income):
Interest income	(7,403)	(2,386)	(191)
Interest expense	33,056	38,872	67,472
Loss on extinguishment of debt and settlement of convertible notes	2,224	0	83,961
Other (income) expense, net	(1,315)	123	25
Total other expense	26,562	36,609	151,267
Income (loss) from continuing operations before income taxes	97,603	105,717	(30,641)
Income tax (benefit) provision	(48,075)	13,658	(187,230)
Net income from continuing operations	145,678	92,059	156,589
Net loss from discontinued operations, net of tax	0	0	(3,854)
Net income	$ 145,678	$ 92,059	$ 152,735
Net income (loss) attributable to common stock per share - basic:
Continuing operations	$ 1.12	$ 0.75	$ 1.5
Discontinued operations	0	0	(0.04)
Net income attributable to common stock per share - basic	1.12	0.75	1.46
Net income attributable to common stock per share - diluted:
Continuing operations	1.09	0.71	1.28
Discontinued operations	0	0	0
Net income attributable to common stock per share - diluted	$ 1.09	$ 0.71	$ 1.28
Basic - Weighted-average common shares outstanding	129,753	123,268	103,400
Diluted - Weighted-average common shares outstanding	133,283	133,923	127,205
Service [Member]
Revenue:
Total revenue	$ 318,015	$ 296,329	$ 259,583
Product [Member]
Revenue:
Total revenue	$ 79,562	$ 107,738	$ 76,133

GOGO Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Current assets:

Cash and cash equivalents

$ 139,036

$ 150,550

Short-term investments

24,796

Total cash, cash-equivalents and short-term investments

139,036

175,346

Accounts receivable, net of allowances of $2,091 and $1,778, respectively

48,233

54,210

Inventories

^[1]

63,187

49,493

Prepaid expenses and other current assets

64,138

45,100

Total current assets

314,594

324,149

Non-current assets:

Property and equipment, net

98,129

104,595

Intangible assets, net

55,647

49,509

Operating lease right-of-use assets

70,552

75,261

Other non-current assets, net of allowances of $591 and $501, respectively

25,979

43,355

Deferred income taxes

216,638

162,657

Total non-current assets

466,945

435,377

Total assets

781,539

759,526

Current liabilities:

Accounts payable

16,094

13,646

Accrued liabilities

47,649

60,056

Deferred revenue

1,003

3,418

Current portion of long-term debt

7,250

Total current liabilities

71,996

84,370

Non-current liabilities:

Long-term debt

587,501

690,173

Non-current operating lease liabilities

73,047

79,241

Other non-current liabilities

8,270

7,611

Total non-current liabilities

668,818

777,025

Total liabilities

740,814

861,395

Commitments and contingencies (Note 17)

Stockholders equity (deficit)

Common stock, par value $0.0001 per share; 500,000,000 shares authorized at December 31, 2023 and December 31, 2022; 137,632,284 and 136,531,362 shares issued at December 31, 2023 and December 31, 2022, respectively; and 128,462,343 and 127,840,813 shares outstanding at December 31, 2023 and December 31, 2022, respectively

Additional paid-in capital

1,402,003

1,385,933

Accumulated other comprehensive income

15,796

30,128

Treasury stock, at cost

(163,197)

(158,375)

Accumulated deficit

(1,213,891)

(1,359,569)

Total stockholders equity (deficit)

40,725

(101,869)

Total liabilities and stockholders’ deficit

$ 781,539

$ 759,526

[1]	See Note 4, “Government Assistance,” for additional information.

About Gogo Inc

Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company operates through Commercial Aviation-North America, Commercial Aviation-Rest of World, and Business Aviation segments. Its platform include networks, antennas, and airborne equipment and software. The company also offers interconnected voice over Internet protocol, and in-flight entertainment services; and voice and data services. In addition, its portfolio comprises of in-flight systems, in-flight services, aviation partner support, engineering, and design and development services; and production operations functions. The company was founded in 1991 and is headquartered in Broomfield, Colorado.

CEO	Mr. Oakleigh Thorne
WEBSITE	gogoair.com
INDUSTRY	Telecom Services
EMPLOYEES	422

Gogo Inc Frequently Asked Questions

What is the ticker symbol for Gogo Inc? What does GOGO stand for in stocks?

GOGO is the stock ticker symbol of Gogo Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Gogo Inc (GOGO)?

As of Tue Apr 16 2024, market cap of Gogo Inc is 1.04 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GOGO stock?

You can check GOGO's fair value in chart for subscribers.

What is the fair value of GOGO stock?

You can check GOGO's fair value in chart for subscribers. The fair value of Gogo Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Gogo Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GOGO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Gogo Inc a good stock to buy?

The fair value guage provides a quick view whether GOGO is over valued or under valued. Whether Gogo Inc is cheap or expensive depends on the assumptions which impact Gogo Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GOGO.

What is Gogo Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, GOGO's PE ratio (Price to Earnings) is 7.16 and Price to Sales (PS) ratio is 2.62. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GOGO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Gogo Inc's stock?

In the past 10 years, Gogo Inc has provided -0.076 (multiply by 100 for percentage) rate of return.