In a report released on April 5, Scott Heleniak from RBC Capital maintained a Buy rating on GooseHead Insurance (GSHD – Research Report), with a price target of $88.00. The company’s shares closed yesterday at $60.03.
Heleniak covers the Financial sector, focusing on stocks such as Chubb, American International Group, and Arch Capital Group. According to TipRanks, Heleniak has an average return of 17.7% and an 82.81% success rate on recommended stocks.
GooseHead Insurance has an analyst consensus of Moderate Buy, with a price target consensus of $82.00, a 36.60% upside from current levels. In a report released on March 28, Piper Sandler also maintained a Buy rating on the stock with a $88.00 price target.
Based on GooseHead Insurance’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $71.03 million and a net profit of $6.93 million. In comparison, last year the company earned a revenue of $57.69 million and had a net profit of $1.98 million
Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is neutral on the stock. Last month, Mark & Robyn Jones Descendants Trust 2014, a Major Shareholder at GSHD sold 50,000.00 shares for a total of $3,793,342.57.
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 price target lowered to $90 from $95 at BMO Capital
- Goosehead Insurance price target lowered to $70 from $75 at Truist
- Goosehead Insurance price target raised to $88 from $85 at Piper Sandler
- Goosehead Insurance COO buys $369.3K in common stock
- Goosehead Insurance price target lowered to $85 from $89 at Piper Sandler
