Gohealth Stock Analysis

GOCO Stock  USD 5.78  0.24  3.99%   
GoHealth is undervalued with Real Value of 9.71 and Hype Value of 5.99. The main objective of GoHealth stock analysis is to determine its intrinsic value, which is an estimate of what GoHealth is worth, separate from its market price. There are two main types of GoHealth's stock analysis: fundamental analysis and technical analysis.
The GoHealth stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. GoHealth is usually not traded on Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. GoHealth Stock trading window is adjusted to America/New York timezone.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.

GoHealth Stock Analysis Notes

About 14.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.27. Some equities with similar Price to Book (P/B) outperform the market in the long run. GoHealth recorded a loss per share of 0.14. The entity had not issued any dividends in recent years. The firm had 1:15 split on the 18th of November 2022. GoHealth, Inc. operates as a health insurance marketplace and Medicare focused digital health company in the United States. GoHealth, Inc. was founded in 2001 and is headquartered in Chicago, Illinois with additional offices in Charlotte, North Carolina, Lindon, Utah, Bratislava, Slovakia, and Kosice, Slovakia. Gohealth Inc operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 5448 people. To learn more about GoHealth call Vijay Kotte at 312 386 8200 or check out https://www.gohealth.com.

GoHealth Investment Alerts

GoHealth generated a negative expected return over the last 90 days
GoHealth has high historical volatility and very poor performance
The company reported the previous year's revenue of 798.89 M. Net Loss for the year was (7.32 M) with profit before overhead, payroll, taxes, and interest of 702.4 M.
GoHealth currently holds about 215.4 M in cash with (21.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 24.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
GoHealth has a frail financial position based on the latest SEC disclosures
Roughly 14.0% of the company shares are held by company insiders

GoHealth Upcoming and Recent Events

Earnings reports are used by GoHealth to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
21st of March 2024
Upcoming Quarterly Report
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13th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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21st of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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GoHealth Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 143.43 M.

Technical Drivers

As of the 19th of July, GoHealth retains the Coefficient Of Variation of (577.19), risk adjusted performance of (0.15), and Market Risk Adjusted Performance of (0.49). GoHealth technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

GoHealth Price Movement Analysis

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Simple Moving Average indicator is calculated by adding the closing price of GoHealth for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out GoHealth short-term fluctuations and highlight longer-term trends or cycles.

GoHealth Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific GoHealth insiders, such as employees or executives, is commonly permitted as long as it does not rely on GoHealth's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases GoHealth insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

GoHealth Outstanding Bonds

GoHealth issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. GoHealth uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most GoHealth bonds can be classified according to their maturity, which is the date when GoHealth has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

GoHealth Predictive Daily Indicators

GoHealth intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of GoHealth stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

GoHealth Forecast Models

GoHealth's time-series forecasting models are one of many GoHealth's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary GoHealth's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About GoHealth Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how GoHealth prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling GoHealth shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as GoHealth. By using and applying GoHealth Stock analysis, traders can create a robust methodology for identifying GoHealth entry and exit points for their positions.
GoHealth, Inc. operates as a health insurance marketplace and Medicare focused digital health company in the United States. GoHealth, Inc. was founded in 2001 and is headquartered in Chicago, Illinois with additional offices in Charlotte, North Carolina, Lindon, Utah, Bratislava, Slovakia, and Kosice, Slovakia. Gohealth Inc operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 5448 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding GoHealth to your portfolios without increasing risk or reducing expected return.

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When determining whether GoHealth offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GoHealth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gohealth Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gohealth Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GoHealth. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in GoHealth Stock, please use our How to Invest in GoHealth guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GoHealth. If investors know GoHealth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GoHealth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of GoHealth is measured differently than its book value, which is the value of GoHealth that is recorded on the company's balance sheet. Investors also form their own opinion of GoHealth's value that differs from its market value or its book value, called intrinsic value, which is GoHealth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GoHealth's market value can be influenced by many factors that don't directly affect GoHealth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GoHealth's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoHealth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoHealth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.