GoHealth (GOCO) to Release Quarterly Earnings on Thursday

GoHealth (NASDAQ:GOCO) will be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.84) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

GoHealth (NASDAQ:GOCO) last announced its quarterly earnings results on Thursday, March 14th. The company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($2.13). The firm had revenue of $276.70 million for the quarter, compared to analyst estimates of $362.38 million. GoHealth had a negative net margin of 8.61% and a negative return on equity of 9.29%. On average, analysts expect GoHealth to post $-5 EPS for the current fiscal year and $-4 EPS for the next fiscal year.

GoHealth Price Performance

GoHealth stock opened at $11.00 on Thursday. The firm has a market cap of $247.28 million, a P/E ratio of -1.52 and a beta of 1.79. The stock’s 50 day moving average is $11.10 and its 200 day moving average is $12.52. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.29 and a quick ratio of 1.29. GoHealth has a one year low of $8.11 and a one year high of $22.85.

Analysts Set New Price Targets

Separately, Royal Bank of Canada dropped their price target on GoHealth from $20.00 to $13.00 and set a “sector perform” rating on the stock in a research report on Wednesday, March 20th.

GoHealth Company Profile

GoHealth, Inc operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs.