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How to Buy Goosehead Insurance Stock

Goosehead Insurance Inc

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 stock last closed at $56.19, down 0.93% from the previous day, and has decreased 6.79% in one year. It has underperformed other stocks in the Insurance - Diversified industry by 0.3 percentage points. Goosehead Insurance stock is currently +11.33% from its 52-week low of $50.47, and -39.42% from its 52-week high of $92.76.

There are currently 37.99M GSHD shares outstanding. The market capitalization of GSHD is $2.13B. In the last 24 hours, 331,681 GSHD shares were traded.

How to Buy Goosehead Insurance Stock

Wondering how to invest in Goosehead Insurance stock? Here's how.
  1. Choose where to buy Goosehead Insurance stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Goosehead Insurance stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your investment account: Choose your payment method and add your information.
  4. Evaluate Goosehead Insurance stock: The Goosehead Insurance ticker symbol is GSHD. Is Goosehead Insurance stock a good investment? Should you buy shares of GSHD? How do GSHD's underlying business fundamentals look? Do top analysts think Goosehead Insurance is a good buy? Why has GSHD's stock price moved recently? (Hint: Our stock market research website can help you understand if GSHD is a good stock to buy).
  5. Place your GSHD trade: Decide if you will purchase GSHD shares at the current market price or use a limit order to buy GSHD shares at a given price.
  6. Watch your investment in GSHD: Create a watchlist to important notifications about your investment in Goosehead Insurance shares.

Step 1: Choose where to buy Goosehead Insurance stock

You need an online brokerage account to access the NASDAQ market and buy GSHD stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal details so you are able to invest in GSHD stock today.

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  1. Send your information by hitting the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have filled out your info on stock market apps, you can securely and quickly fund your account:

Check out this video walkthrough if you need help transferring money into your brokerage account.

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Step 4: Evaluate Goosehead Insurance stock

Once you have decided on the best place to buy Goosehead Insurance stock, it's important to analyze their stock before you buy, so you truly comprehend the risk as well as the opportunity.

Goosehead Insurance Metrics

GSHD Price
$56.19
1w %
-3.4%
1y %
-6.79%
5y %
26.93%
P/E
85.14x
P/B
31.7x
P/S
5.26x
PEG
1.98x
Revenue
$267.78M
Earnings
$16.04M
Fore. Rev. Growth
19.83%
Fore. Earn. Growth
42.9%
Market Cap
$2.13B
Next Earnings
Jul 24, 2024
Next Dividend
N/A

Goosehead Insurance Overview

WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.

You can see all of the due diligence checks on GSHD's stock page.

Is GSHD stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge GSHD's fair value.

Using relative valuations ratios:

  • GSHD may be overvalued based on its P/E ratio of 85.14x, relative to Insurance - Diversified industry P/E ratio of 11.93x
  • GSHD could be overvalued based on its P/B ratio of 31.7x, relative to Insurance - Diversified industry P/B ratio of 1.54x
  • GSHD may be overvalued based on its PEG ratio of 1.98x

You can access more valuation research on GSHD's stock here.

A look at GSHD Cashflows and Balance Sheet

Positive Health Checks:

  • GSHD profit margin has gone up from 1.2% to 6% in the past year.
  • There are more short-term assets than short-term liabilities on the GSHD balance sheet.
  • GSHD's operating cash flow of $63.26M allows it to safely service it's debt of $139.55M.

Negative Health Checks:

  • Total GSHD debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the GSHD balance sheet.
  • GSHD earnings of $23.29M is not enough to cover its interest payments.
  • GSHD has a relatively high debt to equity ratio of 5.02.

Is Goosehead Insurance stock a Buy, Hold, or Sell, according to analysts?

Out of 9 Wall Street analysts who give recommendations on GSHD, the consensus analyst rating on GSHD is a Buy

Please note that analyst forecasts are not recommendations, nor are they financial advice.

Latest GSHD Analyst Ratings

Mark Dwelle, a top 2% analyst from RBC Capital maintains GSHD with a buy rating and lowers their GSHD price target from $88.00 to $80.00, on Apr 25, 2024.

Meyer Shields, a top 8% analyst from Keefe, Bruyette & Woods maintains GSHD with a buy rating and lowers their GSHD price target from $93.00 to $85.00, on Apr 25, 2024.

Paul Newsome, a top 9% analyst from Piper Sandler maintains GSHD with a strong buy rating and lowers their GSHD price target from $88.00 to $65.00, on Apr 25, 2024.

Matthew Carletti, a top 2% analyst from JMP Securities reiterates GSHD with a buy rating and maintains their GSHD price target from $100.00 to $100.00, on Apr 15, 2024.

You can dig deeper into what analysts are projecting on the Goosehead Insurance stock forecast page.

GSHD Momentum

SMA10
58.36
SMA20
60.81
SMA50
60.01
SMA100
67.51
SMA200
70.21
MACD
-1.36
MACD Signal
-0.79
MACD Histogram
-0.57
RSI
33.53
Stochastic %K
10.53
Stochastic %D
15.02
StochRSI %K
3.32
StochRSI %D
6.78

GSHD Growth Metrics

Last year, GSHD earnings were $16.04M. During the past 4 year, GSHD's earnings have gone up by 82.12% per year. This was faster than the Insurance - Diversified industry average of 23.77%.

Last year, GSHD revenue was $267.78M. Over the past 5 year, GSHD's revenue has increased by 31.27% per year. This was faster than the Insurance - Diversified industry average of 8.98%.

You can research GSHD's earnings and revenue performance here.

What are GSHD executives and large shareholders up to?

Over the past 12 months, insiders at GSHD have sold more shares than they have bought.

Waded Cruzado, Director of GSHD, was the latest GSHD insider to buy. They bought $17,400.00 worth of GSHD stock on May 2, 2024.

Research more about who owns GSHD shares here.

Does GSHD stock generate passive income?

No, Goosehead Insurance doesn't provide an income stream by paying out dividends.

GSHD Social Trading Data

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your GSHD trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount, use a limit order.

Press the Open Trade button and eToro will execute the order.

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Step 6: Watch your investment in GSHD

Now that you own some GSHD stock, you'll want to keep up with your shares.

Start a watchlist to get notified of the latest news about your GSHD stock.

GSHD Feed

How to Buy Stock in Goosehead Insurance

To summarize, here are the 6 steps to buy stock in Goosehead Insurance:

  1. Choose where to buy Goosehead Insurance stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Evaluate Goosehead Insurance stock
  5. Place your GSHD trade
  6. Watch your investment in GSHD

If you require a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Goosehead Insurance, click below.

NASDAQ: GSHD
$56.19-0.53 (-0.93%)
Updated Jun 21, 2024
Open eToro Account
NASDAQ: GSHD
$56.19-0.53 (-0.93%)
Updated Jun 21, 2024
Open eToro Account

FAQ

How much does it cost to buy one Goosehead Insurance share?

As of Jun 21, 2024, it costs $56.19 to buy one share of Goosehead Insurance stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.178 shares of GSHD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Goosehead Insurance stock?

According to 9 Wall Street analysts who monitor Goosehead Insurance, their consensus recommendation is to buy Goosehead Insurance stock.

What is the best way to buy Goosehead Insurance stock?

One way to place an order for Goosehead Insurance stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.