At the time of writing, Goosehead Insurance Inc [GSHD] stock is trading at $84.34, down -0.83%. An important factor to consider is whether the stock is rising or falling in short-term value. The GSHD shares have gain 5.03% over the last week, with a monthly amount drifted -3.19%, and not 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 August 22, 2024, when BMO Capital Markets downgraded its rating to a Market Perform but kept the price target unchanged to $90 for it. Previously, TD Cowen downgraded its rating to Hold on August 15, 2024, and dropped its price target to $94. On January 10, 2024, TD Cowen initiated with a Outperform rating and assigned a price target of $105 on the stock. UBS started tracking the stock assigning a Buy rating and suggested a price target of $84 on October 17, 2023. BMO Capital Markets upgraded its rating to a Outperform and raised its price target to $90 on September 20, 2023. Credit Suisse started tracking with a Outperform rating for this stock on February 06, 2023, and assigned it a price target of $72. In a note dated January 20, 2023, BMO Capital Markets initiated an Market Perform rating and provided a target price of $39 on this stock.
For the past year, the stock price of Goosehead Insurance Inc fluctuated between $50.47 and $92.76. 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 $84.34 at the most recent close of the market. An investor can expect a potential drop of -3.37% based on the average GSHD price forecast.
Analyzing the GSHD fundamentals
According to Goosehead Insurance Inc [NASDAQ:GSHD], the company’s sales were 276.59M for trailing twelve months, which represents an 12.72% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.67.
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 83.17 points at the first support level, and at 82.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 85.37, and for the 2nd resistance point, it is at 86.41.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 7.38, the price to book ratio is 51.33 and price to earnings (TTM) ratio is 118.50.
Transactions by insiders
Recent insider trading involved Jones Mark Evan, Executive Chairman, that happened on Aug 26 ’24 when 8977.0 shares were sold. Executive Chairman, Jones Mark Evan completed a deal on Aug 21 ’24 to sell 14030.0 shares. Meanwhile, Executive Chairman Jones Mark Evan sold 200.0 shares on Aug 20 ’24.
