FY2021 EPS Estimates for GoHealth, Inc. (NASDAQ:GOCO) Decreased by William Blair

GoHealth, Inc. (NASDAQ:GOCO) – Equities research analysts at William Blair lowered their FY2021 earnings per share estimates for GoHealth in a report released on Thursday, May 13th. William Blair analyst A. Klauber now anticipates that the company will post earnings per share of $0.62 for the year, down from their prior estimate of $0.63. William Blair also issued estimates for GoHealth’s Q4 2021 earnings at $0.70 EPS and FY2022 earnings at $0.98 EPS.

GoHealth (NASDAQ:GOCO) last released its earnings results on Wednesday, May 12th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). The company had revenue of $204.20 million for the quarter, compared to the consensus estimate of $176.41 million. The business’s quarterly revenue was up 44.8% on a year-over-year basis.

A number of other research analysts also recently issued reports on GOCO. Credit Suisse Group dropped their target price on shares of GoHealth from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Monday, March 15th. Raymond James lowered their price objective on shares of GoHealth from $18.00 to $15.00 and set an “outperform” rating on the stock in a report on Monday, March 22nd. Morgan Stanley upped their price objective on shares of GoHealth from $13.00 to $14.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, Truist lowered their price objective on shares of GoHealth from $26.00 to $20.00 and set a “buy” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $19.82.

GoHealth stock opened at $11.44 on Friday. GoHealth has a 12-month low of $9.82 and a 12-month high of $26.25. The firm’s fifty day moving average is $11.84 and its 200 day moving average is $12.75.

In other GoHealth news, COO Shane E. Cruz sold 75,000 shares of the stock in a transaction dated Monday, April 26th. The shares were sold at an average price of $12.17, for a total transaction of $912,750.00. Following the completion of the transaction, the chief operating officer now owns 167,843 shares in the company, valued at $2,042,649.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Anita Pramoda bought 10,370 shares of the business’s stock in a transaction on Friday, March 12th. The shares were acquired at an average price of $9.99 per share, with a total value of $103,596.30. Following the transaction, the director now directly owns 22,275 shares of the company’s stock, valued at $222,527.25. The disclosure for this purchase can be found here.

A number of large investors have recently modified their holdings of the business. Treasurer of the State of North Carolina boosted its position in GoHealth by 5.8% during the first quarter. Treasurer of the State of North Carolina now owns 16,130 shares of the company’s stock worth $189,000 after purchasing an additional 880 shares during the period. Rhumbline Advisers boosted its position in GoHealth by 5.5% during the fourth quarter. Rhumbline Advisers now owns 33,214 shares of the company’s stock worth $454,000 after purchasing an additional 1,740 shares during the period. Public Employees Retirement System of Ohio boosted its position in GoHealth by 14.6% during the first quarter. Public Employees Retirement System of Ohio now owns 23,361 shares of the company’s stock worth $273,000 after purchasing an additional 2,982 shares during the period. Rafferty Asset Management LLC boosted its position in GoHealth by 28.9% during the first quarter. Rafferty Asset Management LLC now owns 22,164 shares of the company’s stock worth $259,000 after purchasing an additional 4,963 shares during the period. Finally, Northern Trust Corp boosted its position in GoHealth by 1.9% during the first quarter. Northern Trust Corp now owns 294,994 shares of the company’s stock worth $3,449,000 after purchasing an additional 5,591 shares during the period. Hedge funds and other institutional investors own 26.55% of the company’s stock.

GoHealth Company Profile

GoHealth, Inc operates as a health insurance marketplace and Medicare focused digital health company in the United States. It operates through four segments: MedicareÂInternal; MedicareÂExternal; Individual and Family Plans (IFP) and OtherÂInternal; and Individual and Family Plans and OtherÂExternal.

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Earnings History and Estimates for GoHealth (NASDAQ:GOCO)

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