NasdaqGS:GOGO

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Executive Summary

Gogo Inc., through its subsidiaries, provides inflight broadband connectivity and wireless entertainment services to the aviation industry in the United States and internationally. More Details


Snowflake Analysis

Moderate growth potential with weak fundamentals.


Similar Companies

Share Price & News

How has Gogo's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GOGO is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: GOGO's weekly volatility has decreased from 17% to 12% over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-8.6%

GOGO

1.6%

US Wireless Telecom

0.9%

US Market


1 Year Return

78.8%

GOGO

56.9%

US Wireless Telecom

22.1%

US Market

Return vs Industry: GOGO exceeded the US Wireless Telecom industry which returned 56.9% over the past year.

Return vs Market: GOGO exceeded the US Market which returned 22.1% over the past year.


Shareholder returns

GOGOIndustryMarket
7 Day-8.6%1.6%0.9%
30 Day19.3%17.9%10.2%
90 Day0.8%13.7%9.7%
1 Year78.8%78.8%57.3%56.9%24.8%22.1%
3 Year-7.7%-7.7%81.3%77.3%48.6%38.7%
5 Year-42.0%-42.0%182.5%170.2%99.6%77.6%

Long-Term Price Volatility Vs. Market

How volatile is Gogo's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gogo undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: GOGO ($10.12) is trading above our estimate of fair value ($6.9)

Significantly Below Fair Value: GOGO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GOGO is unprofitable, so we can't compare its PE Ratio to the US Wireless Telecom industry average.

PE vs Market: GOGO is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GOGO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GOGO has negative assets, so we can't compare its PB Ratio to the US Wireless Telecom industry average.


Next Steps

Future Growth

How is Gogo forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

109.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GOGO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: GOGO is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GOGO's is expected to become profitable in the next 3 years.

Revenue vs Market: GOGO's revenue is expected to decline over the next 3 years (-12.2% per year).

High Growth Revenue: GOGO's revenue is forecast to decline over the next 3 years (-12.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GOGO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Gogo performed over the past 5 years?

-4.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GOGO is currently unprofitable.

Growing Profit Margin: GOGO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GOGO is unprofitable, and losses have increased over the past 5 years at a rate of 4.1% per year.

Accelerating Growth: Unable to compare GOGO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GOGO is unprofitable, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (77.1%).


Return on Equity

High ROE: GOGO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Gogo's financial position?


Financial Position Analysis

Short Term Liabilities: GOGO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GOGO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GOGO has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GOGO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GOGO has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if GOGO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Gogo current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GOGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GOGO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GOGO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GOGO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GOGO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Oakleigh Thorne (62 yo)

2.75yrs

Tenure

US$2,675,891

Compensation

Mr. Oakleigh Thorne has been President and Chief Executive Officer of Gogo Inc. since March 4, 2018. Mr. Thorne serves as the Chairman and Chief Executive Officer of TBG Information Investors, LLC. Mr. Tho...


CEO Compensation Analysis

Compensation vs Market: Oakleigh's total compensation ($USD2.68M) is about average for companies of similar size in the US market ($USD2.60M).

Compensation vs Earnings: Oakleigh's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Oakleigh Thorne
President2.75yrsUS$2.68m0.44%
$ 3.8m
Barry Rowan
CFO & Executive VP3.58yrsUS$2.27m0.11%
$ 909.9k
Marguerite Elias
Executive VPno dataUS$1.09m0.053%
$ 453.9k
Michael Bayer
Chief Accounting Officer5.5yrsno data0.026%
$ 222.2k
William Davis
Vice President of Investor Relations2.58yrsno datano data
Karen Jackson
Executive VP & Chief People Experience Officer5.83yrsno data0.038%
$ 329.1k
Andrew Geist
Senior Vice President of Business Aviation Solutionsno datano datano data
Sergio Aguirre
President of Business Aviation Division2.58yrsno data0%
$ 0
Anand Chari
Strategic Technology Advisor2.58yrsUS$1.21mno data

2.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: GOGO's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Oakleigh Thorne
President2.75yrsUS$2.68m0.44%
$ 3.8m
Ronald LeMay
Independent Chairman of the Board14.42yrsUS$289.97k2.11%
$ 18.2m
Hugh Jones
Independent Director4.33yrsUS$214.97k0.059%
$ 506.0k
Robert Crandall
Independent Director14.5yrsUS$214.97k0.010%
$ 90.4k
Robert Mundheim
Independent Director8.75yrsUS$229.97k0.15%
$ 1.3m
Michele Mayes
Independent Director4.33yrsUS$224.97k0.0011%
$ 9.1k
Charles Townsend
Independent Director10.92yrsUS$214.97k4.16%
$ 35.8m
Harris Williams
Independent Director10.75yrsUS$234.97k0.011%
$ 91.0k
Christopher Payne
Independent Director6.5yrsUS$214.97k0.0018%
$ 15.2k

10.8yrs

Average Tenure

70yo

Average Age

Experienced Board: GOGO's board of directors are seasoned and experienced ( 10.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GOGO insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gogo Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gogo Inc.
  • Ticker: GOGO
  • Exchange: NasdaqGS
  • Founded: 1991
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: US$862.728m
  • Shares outstanding: 85.25m
  • Website: https://www.gogoair.com

Number of Employees


Location

  • Gogo Inc.
  • 111 North Canal Street
  • Suite 1500
  • Chicago
  • Illinois
  • 60606
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GOGONasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 2013
G0GDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2013
0IYQLSE (London Stock Exchange)YesCommon StockGBUSDJun 2013

Biography

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 thre...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/05 00:10
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.