GoHealth (GOCO) Expected to Announce Quarterly Earnings on Thursday

GoHealth (NASDAQ:GOCO) is expected to announce its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $1.16 per share and revenue of $326.56 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

GoHealth Stock Down 5.2 %

GOCO stock opened at $17.00 on Tuesday. GoHealth has a twelve month low of $7.27 and a twelve month high of $20.00. The company has a market cap of $389.40 million, a PE ratio of -4.86 and a beta of 1.67. The business’s 50-day simple moving average is $15.31 and its 200 day simple moving average is $11.94. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.72.

Institutional Investors Weigh In On GoHealth

A hedge fund recently raised its stake in GoHealth stock. Bank of America Corp DE raised its stake in shares of GoHealth, Inc. (NASDAQ:GOCO) by 22.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,831 shares of the company’s stock after purchasing an additional 1,452 shares during the quarter. Bank of America Corp DE’s holdings in GoHealth were worth $105,000 as of its most recent filing with the Securities and Exchange Commission. 24.21% of the stock is owned by institutional investors and hedge funds.

About GoHealth

GoHealth, Inc operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs.