Goosehead Insurance Stock Today

GSHD Stock  USD 121.31  2.86  2.41%   

Performance

18 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Goosehead Insurance is trading at 121.31 as of the 14th of November 2024, a 2.41 percent increase since the beginning of the trading day. The stock's lowest day price was 119.22. Goosehead Insurance has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for Goosehead Insurance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of October 2024 and ending today, the 14th of November 2024. Click here to learn more.
Business Domain
Insurance
IPO Date
27th of April 2018
Category
Financial Services
Classification
Financials
Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. Goosehead Insurance, Inc. was founded in 2003 and is headquartered in Westlake, Texas. Goosehead Insurance operates under InsuranceDiversified classification in the United States and is traded on NASDAQ Exchange. The company has 24.39 M outstanding shares of which 3.7 M shares are currently shorted by private and institutional investors with about 13.12 trading days to cover. More on Goosehead Insurance

Moving together with Goosehead Stock

  0.73AEG Aegon NV ADRPairCorr
  0.89EQH Axa Equitable HoldingsPairCorr

Moving against Goosehead Stock

  0.55FGF Fundamental Global TrendingPairCorr

Goosehead Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman of the Board, CEOMark Jones
Business ConcentrationInsurance Brokers, Insurance - Diversified, Financial Services, NASDAQ Composite, SP Small-Cap 600, NASDAQ Financial 100, Financials, Insurance, Insurance—Diversified, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.70.7362
Notably Down
Slightly volatile
Gross Profit Margin0.290.4159
Way Down
Very volatile
Net Debt83.5 M99.2 M
Fairly Down
Slightly volatile
Non Current Liabilities Total312.1 M297.2 M
Sufficiently Up
Slightly volatile
Total Assets372.6 M354.9 M
Sufficiently Up
Slightly volatile
Total Current Assets48.5 M74.6 M
Way Down
Slightly volatile
Total Cash From Operating Activities27 M50.8 M
Way Down
Slightly volatile
Debt Levels
Goosehead Insurance 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 Goosehead Insurance's financial leverage. It provides some insight into what part of Goosehead Insurance's total assets is financed by creditors.
Liquidity
Goosehead Insurance currently holds 143.22 M in liabilities. Goosehead Insurance has a current ratio of 1.91, which is within standard range for the sector. Note, when we think about Goosehead Insurance's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

(1.78 Million)
Goosehead Insurance (GSHD) is traded on NASDAQ Exchange in USA. It is located in Building 4, Westlake, TX, United States, 76262 and employs 1,415 people. Goosehead Insurance is listed under Insurance Brokers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.5 B. Goosehead Insurance conducts business under Insurance sector and is part of Financials industry. The entity has 24.39 M outstanding shares of which 3.7 M shares are currently shorted by private and institutional investors with about 13.12 trading days to cover. Goosehead Insurance currently holds about 46.11 M in cash with 50.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.18.
Check Goosehead Insurance Probability Of Bankruptcy
Ownership Allocation
The majority of Goosehead Insurance outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Goosehead Insurance to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Goosehead Insurance. Please pay attention to any change in the institutional holdings of Goosehead Insurance as this could imply that something significant has changed or is about to change at the company.
Check Goosehead Ownership Details

Goosehead Stock Institutional Holders

InstituionRecorded OnShares
3g Capital Partners Ltd2024-06-30
462.3 K
Morgan Stanley - Brokerage Accounts2024-06-30
436.7 K
American Century Companies Inc2024-06-30
420.9 K
Dimensional Fund Advisors, Inc.2024-06-30
393.1 K
Akre Capital Management, Llc2024-06-30
366.1 K
Riverbridge Partners Llc2024-09-30
329.5 K
Capital Research & Mgmt Co - Division 32024-06-30
264.1 K
Goldman Sachs Group Inc2024-06-30
246.1 K
Northern Trust Corp2024-06-30
239.5 K
Blackrock Inc2024-06-30
3.7 M
Kayne Anderson Rudnick Investment Management Llc2024-06-30
3.4 M
View Goosehead Insurance Diagnostics

Goosehead Insurance Historical Income Statement

At present, Goosehead Insurance's Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 24.9 M, whereas Interest Income is forecasted to decline to about 851.6 K. View More Fundamentals

Goosehead Stock Against Markets

Goosehead Insurance Corporate Management

David LakampChief OfficerProfile
Patrick LangstonVP, OfficerProfile
Matt WalkerManaging ComplianceProfile
Daniel FarrellVice MarketsProfile
When determining whether Goosehead Insurance is a strong investment it is important to analyze Goosehead Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Goosehead Insurance's future performance. For an informed investment choice regarding Goosehead Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goosehead Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Insurance Brokers 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 Goosehead Insurance. If investors know Goosehead 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 Goosehead Insurance 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
0.051
Earnings Share
0.72
Revenue Per Share
11.444
Quarterly Revenue Growth
0.1
Return On Assets
0.0637
The market value of Goosehead Insurance is measured differently than its book value, which is the value of Goosehead that is recorded on the company's balance sheet. Investors also form their own opinion of Goosehead Insurance's value that differs from its market value or its book value, called intrinsic value, which is Goosehead Insurance'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 Goosehead Insurance's market value can be influenced by many factors that don't directly affect Goosehead Insurance'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 Goosehead Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goosehead Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goosehead Insurance'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.