Goosehead Insurance Inc (NASDAQ:GSHD) shares hit a new 52-week high on Tuesday . The company traded as high as $33.28 and last traded at $32.62, with a volume of 5273 shares traded. The stock had previously closed at $31.08.

GSHD has been the subject of a number of recent research reports. Keefe, Bruyette & Woods initiated coverage on shares of Goosehead Insurance in a research note on Tuesday, May 22nd. They set a “buy” rating and a $20.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on shares of Goosehead Insurance in a research note on Tuesday, May 22nd. They issued an “overweight” rating and a $20.00 target price for the company. Bank of America assumed coverage on shares of Goosehead Insurance in a report on Tuesday, May 22nd. They issued a “buy” rating and a $19.00 price target on the stock. William Blair assumed coverage on shares of Goosehead Insurance in a report on Wednesday, May 23rd. They issued an “outperform” rating on the stock. Finally, Zacks Investment Research upgraded shares of Goosehead Insurance from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Wednesday, July 25th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Goosehead Insurance presently has a consensus rating of “Buy” and an average price target of $24.25.

The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of -1.80.

Goosehead Insurance (NASDAQ:GSHD) last announced its quarterly earnings results on Tuesday, August 7th. The company reported ($0.68) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.74). The business had revenue of $14.79 million for the quarter, compared to the consensus estimate of $13.80 million. equities research analysts expect that Goosehead Insurance Inc will post 0.27 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Rhumbline Advisers acquired a new position in shares of Goosehead Insurance during the 2nd quarter valued at $217,000. Thompson Davis & CO. Inc. acquired a new position in shares of Goosehead Insurance during the 2nd quarter valued at $318,000. TD Asset Management Inc. acquired a new position in shares of Goosehead Insurance during the 2nd quarter valued at $367,000. Brighton Jones LLC acquired a new position in shares of Goosehead Insurance during the 2nd quarter valued at $422,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in shares of Goosehead Insurance during the 2nd quarter valued at $457,000. Institutional investors own 75.58% of the company’s stock.

Goosehead Insurance Company Profile (NASDAQ:GSHD)

Goosehead Insurance, Inc focuses on operating as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates through two segments, Corporate Channel and Franchise Channel. It offers various insurance products, including homeowner's insurance; auto insurance; other personal lines products, such as flood, wind, and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance comprising motorcycle, recreational vehicle, and other insurance; commercial lines insurance consisting of general liability, property, and auto insurance for small businesses; and life insurance.

Featured Story: Trading Penny Stocks

Receive News & Ratings for Goosehead Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Goosehead Insurance and related companies with MarketBeat.com's FREE daily email newsletter.