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
Check Earnings Report
Company Research
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
Show less
Read more
Impact Snapshot
Event Time:
GSHD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GSHD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GSHD alerts
High impacting Goosehead Insurance, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
GSHD
News
- Goosehead Insurance, Inc (NASDAQ: GSHD) had its price target raised by analysts at TD Cowen from $94.00 to $130.00. They now have a "hold" rating on the stock.MarketBeat
- Goosehead Insurance, Inc (NASDAQ: GSHD) had its price target raised by analysts at BMO Capital Markets from $90.00 to $120.00. They now have a "market perform" rating on the stock.MarketBeat
- 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
GSHD
Earnings
- 10/23/24 - Beat
GSHD
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/13/24 - Form SC
- GSHD's page on the SEC website