Goosehead Insurance Inc [GSHD] stock prices are up 15.90% to $122.45 at the moment. 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 4.38% over the last week, with a monthly amount glided 21.39%, and seem to be holding up well over a long-time horizon.
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.
The stock price of Goosehead Insurance Inc [GSHD] has been fluctuating between $47.59 and $122.96 over the past year. Currently, Wall Street analysts expect the stock to reach $120.5 within the next 12 months. Goosehead Insurance Inc [NASDAQ: GSHD] shares were valued at $122.45 at the most recent close of the market. An investor can expect a potential drop of -1.59% based on the average GSHD price forecast.
Analyzing the GSHD fundamentals
The Goosehead Insurance Inc [NASDAQ:GSHD] reported sales of 314.50M for trailing twelve months, representing a surge of 49.05%. Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.6 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.56.
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 114.47 points at the first support level, and at 106.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 128.97, and for the 2nd resistance point, it is at 135.48.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 14.45, the price to book ratio is 51.14 and price to earnings (TTM) ratio is 105.98.
Transactions by insiders
Recent insider trading involved Miller Mark, President and CEO, that happened on Nov 07 ’24 when 58327.0 shares were sold. President and CEO, Miller Mark completed a deal on Nov 06 ’24 to sell 3295.0 shares. Meanwhile, Officer Miller Mark bought 58327.0 shares on Nov 07 ’24.
