How to Buy Gogo Stock
Gogo Inc
Gogo Inc. , through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally.
Gogo stock last closed at $14.75, up 1.58% from the previous day, and has decreased 16.53% in one year. It has overperformed other stocks in the Telecom Services industry by 0.23 percentage points. Gogo stock is currently +27.48% from its 52-week low of $11.57, and -37.74% from its 52-week high of $23.69.
As of Mar 20, 2023, there are 127.91M shares of GOGO outstanding. The market capitalization of GOGO is $1.89B. In the last 24 hours, 440,844 GOGO shares were traded.
How to Buy Gogo Stock
Not sure how to invest in Gogo stock? Here's how.
- Figure out where to buy Gogo stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Gogo stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your method of payment and add your information.
- Evaluate Gogo stock: The Gogo ticker symbol is GOGO. Is Gogo stock a good investment? Should you buy shares of GOGO? How do GOGO's underlying business fundamentals look? Do top analysts think Gogo is a good buy? Why has GOGO's stock price moved recently? (Hint: Our stock analysis website can help you figure out if GOGO is a good stock to buy).
- Execute your GOGO trade: Decide if you will purchase GOGO shares at the current market price or use a limit order to buy GOGO shares at a particular price.
- Get the latest news on your GOGO position: Create a watchlist to keep tabs on your investment in Gogo stock.
Step 1: Figure out where to buy Gogo stock
You need a brokerage account in order to access the NASDAQ market and buy GOGO stock.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you can invest in GOGO today.
How to Create a New Account on eToro
- Click here to get started.
- Input your personal details to create your new trading account.
- Submit your application by clicking the "Create Account" button.
Step 3: Deposit money your investment account
Now that you have filled out your info on one of the best stock apps, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your brokerage account.
Step 4: Evaluate Gogo stock
Once you have identified the best place to buy Gogo stock, it's critical to analyze their stock before you invest, so you can wrap your head around the risk and upside.
Gogo shares quick numbers
GOGO Overview
WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on GOGO's stock page.
Is GOGO stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GOGO's fair value.
Using relative valuations metrics:
- GOGO may be undervalued based on its P/E ratio of 19.67x, relative to Telecom Services industry P/E ratio of 98.68x
- GOGO could be overvalued based on its PEG ratio of 1.29x
You can do more valuation analysis on GOGO's stock here.
GOGO Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the GOGO balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the GOGO balance sheet.
- GOGO's operating cash flow of $103.41M allows it to safely service it's debt of $776.66M.
- Total GOGO debt is still negative.
- GOGO debt to equity ratio of -8.46 is negative.
- GOGO profit margin has gone down from 45.5% to 22.8% in the past year.
- GOGO earnings of $144.59M is not sufficient to cover its interest payments.
Is Gogo stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who track GOGO, the consensus analyst rating on Gogo is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest GOGO Analyst Ratings
Landon Park, a top 25% analyst from Morgan Stanley upgrades GOGO to a hold rating and raises their GOGO price target from $14.00 to $15.00, on Nov 1, 2022.
You can dig deeper into what analysts are projecting on the Gogo stock forecast page.
Metrics for Advanced GOGO Traders
How is GOGO performing as a company?
Last year, GOGO earnings were $92.06M. Over the past 1 years, GOGO's earnings have gone up by -48.63% per year. This was slower than the Telecom Services industry average of -1.28%.
Last year, GOGO revenue was $404.07M. In the past five year, GOGO's revenue has grown by -10.38% per year. This was slower than the Telecom Services industry average of -3.36%.
Dive into GOGO's earnings and revenue performance here.
Are GOGO insiders buying or selling the stock?
In the last 12 months, executives and large shareholders at GOGO have bought more shares than they have sold.
Sergio A. Aguirre, President and COO of GOGO, was the latest GOGO insider to sell. They sold $47,959.56 worth of GOGO shares on Mar 17, 2023.
Get more info about who owns GOGO stock here.
Does GOGO stock generate passive income?
No, Gogo doesn't provide an income stream by paying out dividends.
What others are saying about GOGO
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your GOGO trade
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Click the Open button and your broker will execute your order.
If you want additional help investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your GOGO position
Now that you own some shares in GOGO, you'll want to stay up-to-date on your new investment.
Create a watchlist to get notified of important updates regarding your GOGO stock.
GOGO Feed
How to Buy Stock in Gogo
To reiterate, here are the 6 steps to buy Gogo stock:
- Figure out where to buy Gogo stock
- Create your brokerage account
- Deposit money your investment account
- Evaluate Gogo stock
- Execute your GOGO trade
- Get the latest news on your GOGO position
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Gogo, create your watchlist below.
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