Goosehead Insurance Inc [GSHD] stock is trading at $84.89, up 29.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GSHD shares have gain 32.06% over the last week, with a monthly amount glided 53.40%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Goosehead Insurance Inc [NASDAQ: GSHD] stock has seen the most recent analyst activity on January 10, 2024, when TD Cowen initiated its Outperform rating and assigned the stock a price target of $105. Previously, UBS started tracking the stock with Buy rating on October 17, 2023, and set its price target to $84. On September 20, 2023, upgrade upgraded it’s rating to Outperform and revised its price target to $90 on the stock. Credit Suisse started tracking the stock assigning a Outperform rating and suggested a price target of $72 on February 06, 2023. BMO Capital Markets initiated its recommendation with a Market Perform and recommended $39 as its price target on January 20, 2023. William Blair downgraded its rating to Mkt Perform for this stock on July 28, 2022. In a note dated October 18, 2021, BofA Securities downgraded an Underperform rating on this stock but restated the target price of $154.
Goosehead Insurance Inc [GSHD] stock has fluctuated between $50.47 and $92.76 over the past year. Currently, Wall Street analysts expect the stock to reach $81.5 within the next 12 months. Goosehead Insurance Inc [NASDAQ: GSHD] shares were valued at $84.89 at the most recent close of the market. An investor can expect a potential drop of -3.99% based on the average GSHD price forecast.
Analyzing the GSHD fundamentals
Goosehead Insurance Inc [NASDAQ:GSHD] reported sales of 276.59M for the trailing twelve months, which represents a growth of 12.72%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.35 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.67.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 76.00 points at the first support level, and at 67.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 90.88, and for the 2nd resistance point, it is at 96.86.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 7.75, the price to book ratio is 51.67 and price to earnings (TTM) ratio is 119.33.
Transactions by insiders
Recent insider trading involved Miller Mark, President and COO, that happened on Apr 29 ’24 when 10000.0 shares were purchased. Member of 10% owner group, Mark & Robyn Jones Descendants completed a deal on Feb 29 ’24 to sell 50000.0 shares. Meanwhile, Director Cruzado Waded bought 250.0 shares on Feb 28 ’24.
