Gogo Inc., through its subsidiaries, provides inflight broadband connectivity and wireless entertainment services to the aviation industry in the United States and internationally.
Slightly overvalued with concerning outlook.
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's share price has been volatile over the past 3 months.
7 Day Return
US Wireless Telecom
1 Year Return
US Wireless Telecom
Return vs Industry: GOGO matched the US Wireless Telecom industry which returned 27.9% over the past year.
Return vs Market: GOGO exceeded the US Market which returned 20.3% over the past year.
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
3 weeks ago | Simply Wall StDoes The Gogo Inc. (NASDAQ:GOGO) Share Price Fall With The Market?
1 month ago | Simply Wall StInvestors Who Bought Gogo (NASDAQ:GOGO) Shares A Year Ago Are Now Up 101%
Is Gogo undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GOGO ($5.05) is trading below our estimate of fair value ($86.88)
Significantly Below Fair Value: GOGO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GOGO is unprofitable, so we can't compare its PE Ratio to the 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.
How is Gogo forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GOGO is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GOGO is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GOGO is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: GOGO's revenue (8.3% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: GOGO's revenue (8.3% per year) is forecast to grow slower than 20% 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
How has Gogo performed over the past 5 years?
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 -15.1% 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 (-39.1%).
Return on Equity
High ROE: GOGO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
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.
Inventory Level: GOGO has a high level of physical assets or inventory.
Debt Coverage by Assets: GOGO has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 sufficient cash runway for more than 3 years 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.
What is Gogo's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GOGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GOGO's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Oakleigh Thorne (61yo)
Mr. Oakleigh B. 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. ...
CEO Compensation Analysis
Compensation vs Market: Oakleigh's total compensation ($USD5.19M) is above average for companies of similar size in the US market ($USD1.66M).
Compensation vs Earnings: Oakleigh's compensation has increased whilst the company is unprofitable.
|CFO & Executive VP||2.8yrs||US$1.15m||0.040% $177.0k|
|Executive VP||0yrs||US$932.22k||0.046% $203.8k|
|Chief Strategy Officer & Executive VP of Corporate Development||1.8yrs||US$1.01m||0.037% $164.1k|
|President of Commercial Aviation Division||1.8yrs||US$1.12m||0.037% $165.8k|
|Chief Accounting Officer||4.7yrs||no data||0.0014% $6.1k|
|Vice President of Investor Relations||1.8yrs||no data||no data|
|Senior Vice President of Human Resources||5.1yrs||no data||0.019% $82.6k|
|Senior Vice President of Business Aviation Solutions||0yrs||no data||no data|
|President of Business Aviation Division||1.8yrs||no data||0.011% $47.6k|
Experienced Management: GOGO's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Chairman of the Board||13.6yrs||US$264.95k||2.04% $9.1m|
|Independent Director||3.5yrs||US$189.95k||0.057% $252.5k|
|Independent Director||13.7yrs||US$189.95k||0.010% $45.1k|
|Independent Director||7.9yrs||US$204.95k||0.14% $635.0k|
|Independent Director||3.5yrs||US$198.23k||0.0010% $4.5k|
|Independent Director||10.1yrs||US$189.95k||3.99% $17.8m|
|Independent Director||9.9yrs||US$209.95k||0.010% $45.4k|
|Independent Director||5.7yrs||US$189.95k||0.0017% $7.6k|
Experienced Board: GOGO's board of directors are considered experienced (9.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gogo Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Gogo Inc.
- Ticker: GOGO
- Exchange: NasdaqGS
- Founded: 1991
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: US$445.197m
- Shares outstanding: 88.16m
- Website: https://www.gogoair.com
Number of Employees
- Gogo Inc.
- 111 North Canal Street
- Suite 1500
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GOGO||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jun 2013|
|G0G||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2013|
|0IYQ||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jun 2013|
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 AVANCE, 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. The company was founded in 1991 and is headquartered in Chicago, Illinois.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 02:27|
|End of Day Share Price||2020/02/19 00:00|
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.