GoHealth, Inc. (NASDAQ:GOCO) Receives $5.00 Average PT from Analysts

Shares of GoHealth, Inc. (NASDAQ:GOCO) have received an average rating of “Hold” from the five analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $5.00.

A number of brokerages have recently commented on GOCO. Noble Financial raised GoHealth to a “strong-buy” rating in a research note on Wednesday, April 1st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of GoHealth in a research note on Friday, April 24th. Finally, Freedom Capital cut GoHealth from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th.

GoHealth Trading Down 2.3%

Shares of NASDAQ:GOCO opened at $0.30 on Friday. The stock has a market capitalization of $8.60 million, a P/E ratio of -0.01 and a beta of 1.19. GoHealth has a 1-year low of $0.28 and a 1-year high of $7.12. The business has a 50-day moving average price of $0.74 and a two-hundred day moving average price of $1.54.

GoHealth (NASDAQ:GOCO) last announced its quarterly earnings data on Monday, May 18th. The company reported ($2.36) earnings per share for the quarter, topping the consensus estimate of ($2.40) by $0.04. The firm had revenue of $11.91 million during the quarter, compared to analysts’ expectations of $16.90 million. GoHealth had a negative return on equity of 402.70% and a negative net margin of 189.73%. As a group, equities analysts predict that GoHealth will post -9.19 EPS for the current year.

Institutional Trading of GoHealth

A number of institutional investors and hedge funds have recently modified their holdings of GOCO. Goldman Sachs Group Inc. bought a new stake in shares of GoHealth in the 4th quarter valued at about $26,000. Benefit Street Partners LLC bought a new stake in shares of GoHealth in the 4th quarter valued at about $29,000. Charles Schwab Investment Management Inc. increased its stake in shares of GoHealth by 119.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 26,448 shares of the company’s stock valued at $57,000 after acquiring an additional 14,388 shares during the last quarter. American Century Companies Inc. bought a new stake in shares of GoHealth in the 2nd quarter valued at about $63,000. Finally, Franklin Resources Inc. bought a new stake in shares of GoHealth in the 3rd quarter valued at about $66,000. 24.21% of the stock is owned by institutional investors.

GoHealth Company Profile

GoHealth, Inc is a technology-driven health insurance marketplace that connects consumers with a wide range of health insurance plans from leading carriers. Through its digital platform, the company facilitates the comparison, selection and enrollment process for individual and family plans, as well as Medicare Advantage and Medicare Supplement products. By leveraging data analytics and customer support services, GoHealth aims to simplify a traditionally complex market and enable more informed decision-making for policyholders.

The company’s online portal integrates real-time quoting tools, educational resources and access to licensed insurance agents, ensuring that users receive personalized guidance throughout the enrollment journey.