Gogo (GOGO) Earns Daily News Impact Rating of 0.08
Media headlines about Gogo (NASDAQ:GOGO) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gogo earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.4283403282912 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Gogo Inc. (NASDAQ:GOGO) Stock Closed Higher Than Its 50 Day Moving Average – First News 24 (firstnewspaper24.com)
- Gogo Inc. (GOGO) is at $14.22 per share and Xcerra Corporation (XCRA) is listed at $9.72 – Stocks Gallery (stocksgallery.com)
- Gogo Inc. (GOGO) is at $14.22 per share and Xcerra Corporation … – Stocks Gallery (stocksgallery.com)
- HOME COMING AFRICA ANNOUNCES SURPRISE ACT! (dailysun.co.za)
- Your first trade for Thursday, September 14 (finance.yahoo.com)
Gogo (GOGO) traded down 0.77% during trading on Friday, reaching $14.11. The company’s stock had a trading volume of 1,017,335 shares. The firm’s market capitalization is $1.22 billion. The firm has a 50-day moving average price of $13.35 and a 200-day moving average price of $12.27. Gogo has a 52 week low of $8.56 and a 52 week high of $14.76.
Gogo (NASDAQ:GOGO) last released its earnings results on Monday, August 7th. The technology company reported ($0.56) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.49) by ($0.07). The firm had revenue of $172.80 million during the quarter, compared to the consensus estimate of $167.63 million. The firm’s quarterly revenue was up 17.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.31) EPS. On average, equities analysts anticipate that Gogo will post ($2.02) EPS for the current fiscal year.
Several equities analysts recently issued reports on GOGO shares. Raymond James Financial, Inc. started coverage on Gogo in a report on Wednesday, May 31st. They set an “outperform” rating and a $15.00 price objective for the company. ValuEngine raised Gogo from a “sell” rating to a “hold” rating in a report on Tuesday, June 6th. Zacks Investment Research cut Gogo from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. BidaskClub cut Gogo from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Finally, Standpoint Research cut Gogo from a “buy” rating to a “hold” rating in a report on Friday, August 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Gogo currently has an average rating of “Buy” and a consensus price target of $15.40.
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Gogo Inc is a holding company. The Company is a provider of in-flight broadband connectivity and connectivity-enabled services to commercial and business aviation. The Company operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW) and Business Aviation (BA).
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