KBW analyst Meyer Shields maintained a Buy rating on GooseHead Insurance (GSHD – Research Report) yesterday and set a price target of $93.00. The company’s shares closed yesterday at $87.31.
According to TipRanks, Shields is a 5-star analyst with an average return of 13.2% and a 73.31% success rate. Shields covers the Financial sector, focusing on stocks such as Aon, Allstate, and American Financial Group.
GooseHead Insurance has an analyst consensus of Moderate Buy, with a price target consensus of $79.80.
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Based on GooseHead Insurance’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $37.69 million and a net profit of $3.67 million. In comparison, last year the company earned a revenue of $53.02 million and had a net profit of $342 thousand
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GSHD in relation to earlier this year. Earlier this month, Desiree Coleman, a Major Shareholder at GSHD sold 38,724.00 shares for a total of $3,110,633.34.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
GooseHead Insurance (GSHD) Company Description:
Goosehead Insurance, Inc. is a holding company, which engages in the provision of independent personal lines insurance agency. It operates through Corporate Channel, and Franchise Channel segments. The Corporate Channel segment consists of company-owned and financed operations with employees who are hired, trained and managed by the company. The Franchise Channel segment focuses in franchisee operations that are owned and managed by Franchisees. The company was founded by Robyn Jones and Mark E. Jones in 2003 and is headquartered in Westlake, TX.
Read More on GSHD:
- Goosehead Insurance Announces Executive Leadership Shift
- Goosehead Insurance, Inc. Announces Fourth Quarter and Full Year 2023 Results
- Goosehead Insurance Announces CEO Transition
- Goosehead Insurance, Inc. to Report Fourth Quarter and Full Year 2023 Results
- Goosehead Insurance appoints Lakamp as new Chief Service Officer
