Gohealth Stock Today

GOCO Stock  USD 11.90  0.40  3.48%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 40

 
High
 
Low
Below Average
GoHealth is selling at 11.90 as of the 23rd of November 2024; that is 3.48% up since the beginning of the trading day. The stock's open price was 11.5. GoHealth has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for GoHealth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of November 2023 and ending today, the 23rd of November 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
15th of July 2020
Category
Financial Services
Classification
Financials
GoHealth, Inc. operates as a health insurance marketplace and Medicare focused digital health company in the United States. GoHealth, Inc. was founded in 2001 and is headquartered in Chicago, Illinois with additional offices in Charlotte, North Carolina, Lindon, Utah, Bratislava, Slovakia, and Kosice, Slovakia. The company has 10.13 M outstanding shares of which 204.15 K shares are currently shorted by private and institutional investors with about 11.43 trading days to cover. More on GoHealth

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GoHealth Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaInsurance Providers (View all Themes)
Old NameGoCo Group plc
Business ConcentrationProperty & Casualty Insurance, Insurance Brokers, Financial Services, NASDAQ Composite, Insurance Providers, Financials, Insurance, Insurance Brokers, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.680.4899
Significantly Up
Slightly volatile
Gross Profit Margin0.580.7836
Way Down
Slightly volatile
Net Debt402.4 M501.5 M
Significantly Down
Slightly volatile
Total Current Liabilities209.2 M370 M
Way Down
Slightly volatile
Non Current Liabilities Total720.3 M674.6 M
Notably Up
Slightly volatile
Total Assets1.7 B1.5 B
Significantly Up
Slightly volatile
Total Current Assets350.1 M476.4 M
Way Down
Slightly volatile
Debt Levels
GoHealth can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GoHealth's financial leverage. It provides some insight into what part of GoHealth's total assets is financed by creditors.
Liquidity
GoHealth currently holds 592.35 M in liabilities with Debt to Equity (D/E) ratio of 0.97, which is about average as compared to similar companies. GoHealth has a current ratio of 1.79, which is within standard range for the sector. Note, when we think about GoHealth's use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

121.92 Million
GoHealth (GOCO) is traded on NASDAQ Exchange in USA. It is located in 222 West Merchandise Mart Plaza, Chicago, IL, United States, 60654 and employs 2,530 people. GoHealth is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 272.58 M. GoHealth conducts business under Insurance sector and is part of Financials industry. The entity has 10.13 M outstanding shares of which 204.15 K shares are currently shorted by private and institutional investors with about 11.43 trading days to cover. GoHealth currently holds about 215.4 M in cash with 109.14 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 24.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check GoHealth Probability Of Bankruptcy
Ownership Allocation
The market capitalization of GoHealth is $272.58 Million. Over half of GoHealth's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check GoHealth Ownership Details

GoHealth Stock Institutional Holders

InstituionRecorded OnShares
Renaissance Technologies Corp2024-09-30
21.6 K
Bridgeway Capital Management, Llc2024-06-30
21 K
Empowered Funds, Llc2024-06-30
21 K
Charles Schwab Investment Management Inc2024-09-30
15.4 K
Susquehanna International Group, Llp2024-06-30
14.8 K
Citadel Advisors Llc2024-06-30
13.3 K
Bank Of New York Mellon Corp2024-06-30
13 K
Amvescap Plc.2024-06-30
12.5 K
Bank Of America Corp2024-06-30
6.2 K
Centerbridge Partners, L.p.2024-06-30
4.2 M
Blackrock Inc2024-06-30
294.6 K
View GoHealth Diagnostics

GoHealth Historical Income Statement

At this time, GoHealth's Income Tax Expense is very stable compared to the past year. As of the 23rd of November 2024, Non Operating Income Net Other is likely to grow to about 108.7 K, while Tax Provision is likely to drop about 63.6 K. View More Fundamentals

GoHealth Stock Against Markets

GoHealth Corporate Management

Michael KelleyChief InsightsProfile
Melissa BalsanChief OfficerProfile
Michael HargisChief OfficerProfile
Shane CruzChief OfficerProfile
Blair KesslerChief OfficerProfile
Jason SchulzExecutive OfficerProfile
Stephen MoffatChief OfficerProfile
When determining whether GoHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoHealth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gohealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gohealth Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GoHealth. If investors know GoHealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GoHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.241
Earnings Share
(3.29)
Revenue Per Share
69.776
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.03)
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GoHealth's market value can be influenced by many factors that don't directly affect GoHealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.