Goosehead Insurance
Market Cap
US$1.6b
Last Updated
2019/08/18 01:14 UTC
Data Sources
Company Financials +
Executive Summary
Goosehead Insurance, Inc. focuses on operating as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States.
Snowflake
Fundamentals
Exceptional growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Goosehead Insurance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-5.8%
NasdaqGS:GSHD
-1.5%
US Insurance
-1.0%
US Market
1 Year Return
63.5%
NasdaqGS:GSHD
8.4%
US Insurance
-0.4%
US Market
GSHD outperformed the Insurance industry which returned 8.4% over the past year.
GSHD outperformed the Market in United States of America which returned -0.4% over the past year.
Share holder returns
| GSHD | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.8% | -1.5% | -1.0% |
| 30 Day | -2.0% | -3.1% | -3.3% |
| 90 Day | 8.5% | 2.3% | 0.8% |
| 1 Year | 66.2%63.5% | 11.0%8.4% | 1.9%-0.4% |
| 3 Year | n/a | 44.7%33.9% | 39.4%30.4% |
| 5 Year | n/a | 66.5%46.8% | 54.2%37.1% |
Price Volatility Vs. Market
How volatile is Goosehead Insurance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Goosehead Insurance (NASDAQ:GSHD) Is Using Debt In A Risky Way1 month ago | Simply Wall St
Goosehead Insurance (NASDAQ:GSHD) Seems To Be Really Weighed Down By Its Debt3 months ago | Simply Wall St
The Goosehead Insurance (NASDAQ:GSHD) Share Price Has Gained 98% And Shareholders Are Hoping For MoreValuation
Is Goosehead Insurance undervalued based on future cash flows and its price relative to the stock market?
165.03x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Unable to calculate intrinsic value for Goosehead Insurance to establish if it is available at moderate discount.
Unable to calculate intrinsic value for Goosehead Insurance to establish if it is available at substantial discount.
Price Based on Earnings
Goosehead Insurance is overvalued based on earnings compared to the US Insurance industry average.
Goosehead Insurance is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Goosehead Insurance is poor value based on expected growth next year.
Price Based on Value of Assets
Goosehead Insurance is overvalued based on assets compared to the US Insurance industry average.
Next Steps
Future Growth
How is Goosehead Insurance expected to perform in the next 1 to 3 years based on estimates from 3 analysts?
55.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Goosehead Insurance's revenue is expected to grow significantly at over 20% yearly.
Goosehead Insurance's earnings are expected to grow significantly at over 20% yearly.
Goosehead Insurance's revenue growth is expected to exceed the United States of America market average.
Goosehead Insurance's earnings growth is expected to exceed the United States of America market average.
Goosehead Insurance's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Goosehead Insurance is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Next Steps
Past Performance
How has Goosehead Insurance performed over the past 5 years?
42.7%
Last years revenue growth
Earnings and Revenue History
Past Earnings Growth Analysis
Insufficient data to establish if Goosehead Insurance's year on year earnings growth rate was positive over the past 5 years.
Goosehead Insurance has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
Goosehead Insurance has become profitable in the last year making it difficult to compare the US Insurance industry average.
Return on Equity
It is difficult to establish if Goosehead Insurance has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
Return on Assets
Goosehead Insurance used its assets more efficiently than the US Insurance industry average last year based on Return on Assets.
Return on Capital Employed
Unable to establish if Goosehead Insurance improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Next Steps
Financial Health
How is Goosehead Insurance's financial position?
Financial Position Analysis
Goosehead Insurance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Goosehead Insurance's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Goosehead Insurance has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
Irrelevant to check if Goosehead Insurance's debt level has increased considering it has negative shareholder equity.
Debt is well covered by operating cash flow (28.7%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 5.3x coverage).
Balance Sheet
High level of physical assets or inventory.
Goosehead Insurance has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Next Steps
Dividend
What is Goosehead Insurance's current dividend yield, its reliability and sustainability?
0.31%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Unable to evaluate Goosehead Insurance's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Goosehead Insurance's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Goosehead Insurance has not reported any payouts.
Unable to verify if Goosehead Insurance's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Goosehead Insurance has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of Goosehead Insurance's dividends in 3 years as they are not expected to pay a notable one for United States of America.
Next Steps
Management
What is the CEO of Goosehead Insurance's salary, the management and board of directors tenure and is there insider trading?
5.6yrs
Average management tenure
CEO
Mark Jones (57yo)
16.6yrs
Tenure
US$2,377,990
Compensation
Mr. Mark E. Jones serves as Chief Executive Officer of Goosehead Insurance, Inc. since co-founding the company in 2003 and also serves as Chairman of the Board since March 2018. Prior to leading GooseHead, ...
CEO Compensation Analysis
Mark's remuneration is lower than average for companies of similar size in United States of America.
Mark's compensation has increased in line with Goosehead Insurance recently becoming profitable.
Management Age and Tenure
5.6yrs
Average Tenure
38yo
Average Age
The average tenure for the Goosehead Insurance management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
1.4yrs
Average Tenure
56yo
Average Age
The average tenure for the Goosehead Insurance board of directors is less than 3 years, this suggests a new board.
Insider Trading
Goosehead Insurance individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | President & COO |
| Shares | 2,287 |
| Max Price | US$44.15 |
| Entity | Individual |
| Role | President & COO |
| Shares | 42,100 |
| Max Price | US$45.53 |
| Entity | Individual |
| Role | Co-Founder Chairman of the Board |
| Shares | 13,516 |
| Max Price | US$46.27 |
| Entity | Individual |
| Shares | 921 |
| Max Price | US$21.68 |
Ownership Breakdown
Management Team
Mark Colby (34yo)
Chief Financial Officer
- Tenure: 3.6yrs
- Compensation: $762.58k
Patrick Langston (37yo)
VP & General Counsel
- Tenure: 5.6yrs
- Compensation: $437.19k
Michael Colby (38yo)
President & COO
- Tenure: 3.6yrs
- Compensation: $1.33m
Robyn Mary Jones (56yo)
Co-Founder & Vice Chairman
- Tenure: 16.6yrs
Drew Burks
Chief Information Officer
Julia Jordan
Managing Director
Jared Sinclair
Managing Director
Brian Pattillo
Managing Director
Mark Jones (57yo)
Co-Founder
- Tenure: 16.6yrs
- Compensation: $2.38m
Garrett Edson
Senior Vice President
Board Members
Rusty Reid (56yo)
Director
- Tenure: 1.4yrs
- Compensation: $360.00k
Mark Jones (57yo)
Co-Founder
- Tenure: 1.4yrs
- Compensation: $2.38m
Mark Miller (53yo)
Director
- Tenure: 1.4yrs
- Compensation: $360.00k
Peter Lane (54yo)
Lead Independent Director
- Compensation: $360.00k
Robyn Mary Jones (56yo)
Co-Founder & Vice Chairman
- Tenure: 1.4yrs
Company Information
Goosehead Insurance, Inc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Goosehead Insurance, Inc
- Ticker: GSHD
- Exchange: NasdaqGS
- Founded: 2003
- Industry: insurance brokers
- Sector: insurance
- Implied Market Cap: US$1.579b
- Market Cap: US$658.635m
- Shares outstanding: 36.31m
- Website: Click here
Number of Employees
Location
- Goosehead Insurance, Inc
- Building 4
- Suite 4500
- Westlake
- Texas
- 76262
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GSHD | NasdaqGS (Nasdaq Global Select) | Yes | Class A Common Stock | US | USD | Apr 2018 |
| 2OX | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Apr 2018 |
Biography
Goosehead Insurance, Inc. focuses on operating as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates through tw ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/18 01:14 |
| End of Day Share Price | 2019/08/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.