How to Buy Gohealth Stock
Gohealth Inc
GoHealth, Inc. operates as a health insurance marketplace and Medicare focused digital health company in the United States.
Gohealth stock last closed at $10.15, up 1.4% from the previous day, and has increased 32.16% in one year. It has overperformed other stocks in the Insurance Brokers industry by 0.17 percentage points. Gohealth stock is currently +27.51% from its 52-week low of $7.96, and -55.58% from its 52-week high of $22.85.
As of Apr 26, 2024, there are 22.48M GOCO shares outstanding. The market cap of GOCO is $228.19M. In the past 24 hours, 10,266 GOCO shares were traded.
How to Buy Gohealth Stock
Wondering how to invest in Gohealth stock? Here's how.
- Decide where to buy Gohealth stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Gohealth stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your method of payment and add your info.
- Evaluate Gohealth stock: The Gohealth ticker symbol is GOCO. Is Gohealth stock a good investment? Should you buy shares of GOCO? How do GOCO's underlying business fundamentals look? Do top analysts think Gohealth is a good buy? Why has GOCO's stock price moved recently? (Hint: Our stock research website can help you figure out if GOCO is a good stock to buy).
- Execute your GOCO trade: Decide if you will purchase GOCO shares at the current market price or use a limit order to buy GOCO shares at a given price.
- Get updates on your investment in GOCO: Create a watchlist to important updates regarding your investment in Gohealth stock.
Step 1: Decide where to buy Gohealth stock
You need an online brokerage account to access the NASDAQ market and buy GOCO stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you can invest in GOCO stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on a mobile trading app, you need to deposit funds:
Check out the walkthrough below to see the process of depositing money into your new investment account.
Step 4: Evaluate Gohealth stock
After you have selected the best place to buy Gohealth stock, it's critical to research their stock prior to buying, so you can comprehend the risk as well as the opportunity.
Gohealth stock quick numbers
GOCO Fundamentals
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on GOCO's stock page.
What is the fair value of GOCO stock?
You can use many financial metrics, analyses, models, and charts to gauge GOCO's true value.
Using relative valuations methods:
- GOCO could be undervalued based on its P/B ratio of 0.99x, relative to Insurance Brokers industry P/B ratio of 6.69x
You can access additional valuation analysis on GOCO's stock here.
A quick look at GOCO Financials
Positive Financial Indicators:
- GOCO profit margin has gone up from -23.5% to -8.6% in the past year.
- There are more short-term assets than short-term liabilities on the GOCO balance sheet.
- GOCO's operating cash flow of $109.14M allows it to safely service it's debt of $543.05M.
Negative Financial Indicators:
- GOCO has a relatively high debt to equity ratio of 4.74.
- There are more long-term liabilities than short-term assets on the GOCO balance sheet.
- GOCO earnings of $6.37M is not sufficient to cover its interest payments.
Is Gohealth stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who research GOCO, the consensus analyst rating on GOCO is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Gohealth stock forecast page.
GOCO Technical Indicators
GOCO Performance Metrics
Last year, GOCO revenue was $734.67M. Over the past 3 year, GOCO's revenue has increased by -54.58% per year. This was slower than the Insurance Brokers industry average of 8.36%.
Dig into GOCO's earnings and revenue performance here.
What are GOCO executives and large shareholders up to?
In the last 12 months, insiders at GOCO have bought more shares than they have sold.
Vijay Kotte, Chief Executive Officer of GOCO, was the latest GOCO insider to sell. They sold $156,268.80 worth of GOCO stock on Apr 10, 2024.
Dig into more about who owns GOCO stock here.
Can I get consistent income from GOCO stock?
No, Gohealth doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your GOCO trade
There are 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 usually sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, place a limit order.
Press the Open button and eToro will execute your order.
If you require more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in GOCO
Now that you own some GOCO shares, you'll want to keep up with your investment.
Make a watchlist to get the latest updates about your GOCO stock.
GOCO Feed
How to Buy Stock in Gohealth
To reiterate, here are the 6 steps for buying Gohealth stock:
- Decide where to buy Gohealth stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Gohealth stock
- Execute your GOCO trade
- Get updates on your investment in GOCO
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Gohealth, create your watchlist below.
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