Goosehead Insurance's Upcoming Franchise Acceleration Is Now Overvalued (Rating Downgrade) [Seeking Alpha]
Goosehead Insurance, Inc. - Class A (GSHD)
Last goosehead insurance, inc. - class a earnings: 4/30 04:05 pm
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Source: Seeking Alpha
Play 9min Summary Goosehead Insurance has reported slower growth in recent quarters, including the recently reported Q3, due to a prolonged franchisee rationalization process. The rationalization process seems to be nearing its end, and Goosehead's raised 2024 outlook suggests rapidly accelerating Q4 revenue growth already. Despite the likely upcoming growth acceleration, the prior growth hiccup and GSHD stock's rally have made the stock overvalued by a moderate margin. ElementalImaging/E+ via Getty Images Goosehead Insurance, Inc NASDAQ: GSHD ), the insurance broker with a primarily franchising-based business model, recently reported its Q3 results that showed fair, but slower growth. The company's prior franchisee rationalization process has been prolonged, creating a considerable growth hiccup in recent quarters while investors wait for the return of franchisee growth. The raised 2024 outlook and Goosehead's expectation of 2025 franchisee growth look to accelerate th
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GSHD
News
- AXAHY or GSHD: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Goosehead Insurance, Inc (NASDAQ: GSHD) had its price target raised by analysts at Piper Sandler from $103.00 to $122.00. They now have an "overweight" rating on the stock.MarketBeat
- Goosehead Insurance Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Goosehead Insurance, Inc (NASDAQ: GSHD) had its price target raised by analysts at JMP Securities from $100.00 to $115.00. They now have a "market outperform" rating on the stock.MarketBeat
- Goosehead Insurance, Inc (NASDAQ: GSHD) had its price target raised by analysts at Royal Bank of Canada from $95.00 to $109.00. They now have an "outperform" rating on the stock.MarketBeat
GSHD
Earnings
- 10/23/24 - Beat
GSHD
Sec Filings
- 11/8/24 - Form 4
- 11/7/24 - Form 144
- 11/6/24 - Form 144
- GSHD's page on the SEC website