Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

How to buy Gogo stock | 10.64

Own Gogo stock in just a few minutes.

Posted

Fact checked

Gogo Inc is a telecom services business based in the US. Gogo shares (GOGO) are listed on the NASDAQ and all prices are listed in US Dollars. Gogo employs 1,115 staff and has a trailing 12-month revenue of around USD$703.6 million.

How to buy shares in Gogo

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Gogo. Find the stock by name or ticker symbol: GOGO. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Gogo reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$10.64, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Gogo, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Gogo. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Gogo's share price?

Since the stock market crash in March caused by coronavirus, Gogo's share price has had significant positive movement.

Its last market close was USD$10.64, which is 53.29% up on its pre-crash value of USD$4.97 and 590.91% up on the lowest point reached during the March crash when the shares fell as low as USD$1.54.

If you had bought USD$1,000 worth of Gogo shares at the start of February 2020, those shares would have been worth USD$620.43 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$2,050.12.

Gogo share price

Use our graph to track the performance of GOGO stocks over time.

Gogo shares at a glance

Information last updated 2020-10-20.
Latest market closeUSD$10.64
52-week rangeUSD$1.33 - USD$11.97
50-day moving average USD$9.6391
200-day moving average USD$4.4564
Wall St. target priceUSD$11.5
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-2.463

Compare trading platforms

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Vanguard
$0
Stocks, Mutual funds, ETFs, Forex
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Sofi Invest
$0
Stocks
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Tastyworks
$0
Stocks, Options, ETFs, Futures
Stocks & ETFs: $1/contract to open, $0 to close, $10 max/leg
Futures: $2.50/contract to open, $0 to close
0%
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, Index funds, ETFs, Futures, Cash
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Gogo stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Gogo price performance over time

Historical closes compared with the close of $10.64 from 2020-10-19

1 week (2020-10-22) 12.83%
1 month (2020-09-29) 8.46%
3 months (2020-07-29) 228.40%
6 months (2020-04-29) 537.13%
1 year (2019-10-29) 65.22%
2 years (2018-10-29) 75.58%
3 years (2017-10-27) 6.51%
5 years (2015-10-29) -25.39%

Is Gogo under- or over-valued?

Valuing Gogo stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Gogo's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Gogo's EBITDA

Gogo's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$97 million.

The EBITDA is a measure of a Gogo's overall financial performance and is widely used to measure a its profitability.

Gogo financials

Revenue TTM USD$703.6 million
Gross profit TTM USD$403.2 million
Return on assets TTM -2.26%
Return on equity TTM 0%
Profit margin -30.7%
Book value $-4.129
Market capitalisation USD$866.8 million

TTM: trailing 12 months

Shorting Gogo shares

There are currently 19.6 million Gogo shares held short by investors – that's known as Gogo's "short interest". This figure is 8.9% down from 21.5 million last month.

There are a few different ways that this level of interest in shorting Gogo shares can be evaluated.

Gogo's "short interest ratio" (SIR)

Gogo's "short interest ratio" (SIR) is the quantity of Gogo shares currently shorted divided by the average quantity of Gogo shares traded daily (recently around 13.1 million). Gogo's SIR currently stands at 1.49. In other words for every 100,000 Gogo shares traded daily on the market, roughly 1490 shares are currently held short.

However Gogo's short interest can also be evaluated against the total number of Gogo shares, or, against the total number of tradable Gogo shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Gogo's short interest could be expressed as 0.23% of the outstanding shares (for every 100,000 Gogo shares in existence, roughly 230 shares are currently held short) or 0.366% of the tradable shares (for every 100,000 tradable Gogo shares, roughly 366 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Gogo.

Find out more about how you can short Gogo stock.

Gogo share dividends

We're not expecting Gogo to pay a dividend over the next 12 months.

Gogo share price volatility

Over the last 12 months, Gogo's shares have ranged in value from as little as $1.33 up to $11.97. A popular way to gauge a stock's volatility is its "beta".

GOGO.US volatility(beta: 1.19)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Gogo's is 1.1864. This would suggest that Gogo's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Gogo overview

Gogo Inc., through its subsidiaries, provides inflight broadband connectivity and wireless entertainment services to the aviation industry in the United States and internationally. It operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA). The CA-NA segment offers inflight connectivity and wireless digital entertainment solutions to commercial airline passengers flying routes that generally begin and end within North America. The CA-ROW segment provides inflight connectivity and wireless digital entertainment solutions to passengers flying on foreign-based commercial airlines and flights outside of North America for North American based commercial airlines. The BA segment offers equipment for inflight connectivity, including voice and data services to the business aviation market. Its services include Gogo Biz, an inflight broadband service that utilizes air-to-ground (ATG) network and ATG spectrum; Passenger Entertainment, an inflight entertainment service; and satellite-based voice and data services through strategic alliances with satellite companies. This segment serves aircraft manufacturers, owners, and operators, as well as government and military entities. Gogo Inc. was founded in 1991 and is headquartered in Chicago, Illinois.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site