Goosehead Stock Financials

GSHD
 Stock
  

USD 40.86  0.46  1.14%   

Goosehead Insurance Revenue Per Employee is projected to decrease significantly based on the last few years of reporting. The past year's Revenue Per Employee was at 117,844. The current year Average Assets is expected to grow to about 255 M, whereas Earnings before Tax are forecasted to decline to about 3.1 M.
  
With this module, you can analyze Goosehead financials for your investing period. You should be able to track the changes in Goosehead Insurance individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Goosehead Most Recent Estimates

Quarterly Earnings Growth YOY
(0.53) 
EPS Estimate Next Quarter
0.17
Diluted Eps
0.01
EPS Estimate Current Year
0.56
EPS Estimate Next Year
0.9
EPS Estimate Current Quarter
0.19
Understanding current and past Goosehead Insurance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goosehead Insurance's financial statements are interrelated, with each one affecting the others. For example, an increase in Goosehead Insurance's assets may result in an increase in income on the income statement.

Revenues

163.26 Million

The financial analysis of Goosehead Insurance is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Goosehead Insurance includes many different criteria found on its balance sheet. For example, investors should never minimize Goosehead Insurance's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Goosehead Insurance's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Goosehead Insurance.

Goosehead Insurance Cash

Chance Of Financial Distress
Less than 24
Goosehead Insurance has less than 24 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Goosehead Insurance stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Goosehead Insurance's official financial statements usually reflect Goosehead Insurance's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Goosehead Insurance. For example, before you start analyzing numbers published by Goosehead accountants, it's critical to develop an understanding of what Goosehead Insurance's liquidity, profitability, and earnings quality are in the context of the Insurance space in which it operates.
Please note, the presentation of Goosehead Insurance's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Goosehead Insurance's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Goosehead Insurance's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Goosehead Insurance. Please utilize our Beneish M Score to check the likelihood of Goosehead Insurance's management to manipulate its earnings.

Goosehead Insurance Company Summary

Goosehead Insurance competes with Arch Capital, Aegon NV, American International, Hartford Financial, and Old Republic. Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. Goosehead Insurance, Inc. was founded in 2003 and is headquartered in Westlake, Texas. Goosehead Insurance operates under InsuranceDiversified classification in the United States and is traded on NASDAQ Exchange. It employs 1238 people.
Specialization
Financial Services, Insurance-Diversified
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0001726978
ISINUS38267D1090
RegionNorth America
Business AddressBuilding 4, Westlake,
SectorInsurance
IndustryFinancials
BenchmarkNYSE Composite
Websitewww.goosehead.com
Phone214 838 5500
CurrencyUSD - US Dollar
You should never invest in Goosehead Insurance without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Goosehead Stock, because this is throwing your money away. Analyzing the key information contained in Goosehead Insurance's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Goosehead Insurance Key Financial Ratios

Generally speaking, Goosehead Insurance's financial ratios allow both analysts and investors to convert raw data from Goosehead Insurance's financial statements into concise, actionable information that can be used to evaluate the performance of Goosehead Insurance over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Goosehead Insurance reports annually and quarterly.

Goosehead Insurance Key Balance Sheet Accounts

201720182019202020212022 (projected)
Long Term Debt48.16 M45.95 M42.16 M79.41 M118.36 M127.71 M
Total Assets16.71 M34.8 M64.63 M185.84 M267.8 M288.94 M
Current Assets7.72 M22.84 M26.73 M50.65 M47.81 M40.78 M
Assets Non Current8.99 M11.96 M37.9 M135.19 M219.99 M237.35 M
Cash and Equivalents4.95 M18.64 M14.34 M24.91 M28.53 M30.78 M
Total Debt48.66 M48.45 M46.16 M119.04 M174.96 M188.78 M
Debt Current500 K2.5 M4 M6.7 M9.27 M10 M
Debt Non Current48.16 M45.95 M42.16 M112.34 M165.7 M178.78 M
Deferred Revenue1.06 M530 K2.77 M4.23 M6.05 M6.53 M
Shareholders Equity(41.13 M)82.59 M(9.01 M)(4.88 M)(14.02 M)(14.39 M)
Total Liabilities57.84 M(47.8 M)73.64 M190.71 M281.82 M304.07 M
Current Liabilities5.77 M7.81 M13.41 M20.36 M27.78 M22.2 M

Goosehead Insurance Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Goosehead Insurance's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Consolidated Income8.68 M(18.67 M)10.38 M18.75 M8.3 M7.47 M
Cost of Revenue24.54 M58.26 M41.72 M66.82 M93.04 M78.29 M
Gross Profit18.17 M1.89 M35.77 M50.2 M58.27 M47.68 M
Interest Expense2.47 M4.27 M2.39 M2.31 M2.85 M2.92 M
Net Income8.68 M(8.9 M)3.57 M9.29 M5.4 M4.44 M
Operating Expenses10.56 M15.82 M21.7 M30.25 M49.6 M53.52 M
Operating Income7.61 M(13.93 M)14.07 M19.94 M8.67 M8.57 M
Revenues42.71 M60.15 M77.49 M117.01 M151.31 M163.26 M

Goosehead Insurance Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Goosehead Insurance. It measures of how well Goosehead is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Goosehead Insurance brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Goosehead had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Goosehead Insurance has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(6.45 M)(2.24 M)(4.1 M)(10.37 M)(15.41 M)(15.81 M)
Depreciation Amortization and Accretion876 K2.52 M2.15 M17.19 M11.07 M9.13 M
Net Cash Flow or Change in Cash and Cash Equivalents1.17 M13.64 M(3.75 M)10.98 M4.24 M5.03 M
Issuance Repayment of Debt Securities19.62 M(1.26 M)(2.5 M)36.32 M39.58 M32.45 M
Net Cash Flow from Financing(6.24 M)5.59 M(20.91 M)(3.33 M)(15.83 M)(16.24 M)
Net Cash Flow from Investing(6.13 M)(2.18 M)(4.08 M)(10.33 M)(15.38 M)(15.78 M)
Net Cash Flow Investment Acquisitions and Disposals434 K22 K19 K35 K32 K32.84 K
Net Cash Flow from Operations13.54 M10.28 M21.24 M24.64 M35.44 M38.24 M

Goosehead Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Goosehead Insurance's current stock value. Our valuation model uses many indicators to compare Goosehead Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goosehead Insurance competition to find correlations between indicators driving Goosehead Insurance's intrinsic value. More Info.
Goosehead Insurance is rated below average in gross profit category among related companies. It is one of the top stocks in z score category among related companies . The ratio of Gross Profit to Z Score for Goosehead Insurance is about  4,142,204 . Goosehead Insurance Gross Profit is projected to increase significantly based on the last few years of reporting. The past year's Gross Profit was at 58.27 Million. Comparative valuation analysis is a catch-all model that can be used if you cannot value Goosehead Insurance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Goosehead Insurance's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Goosehead Insurance's earnings, one of the primary drivers of an investment's value.

Goosehead Insurance Systematic Risk

Goosehead Insurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goosehead Insurance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Goosehead Insurance correlated with the market. If Beta is less than 0 Goosehead Insurance generally moves in the opposite direction as compared to the market. If Goosehead Insurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goosehead Insurance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goosehead Insurance is generally in the same direction as the market. If Beta > 1 Goosehead Insurance moves generally in the same direction as, but more than the movement of the benchmark.
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About Goosehead Insurance Financials

What exactly are Goosehead Insurance Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Goosehead Insurance's income statement, its balance sheet, and the statement of cash flows. Potential Goosehead Insurance investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Goosehead Insurance investors may use each financial statement separately, they are all related. The changes in Goosehead Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Goosehead Insurance's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Goosehead Insurance is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Goosehead has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Goosehead Insurance December 3, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Goosehead Insurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goosehead Insurance. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goosehead Insurance based on widely used predictive technical indicators. In general, we focus on analyzing Goosehead Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goosehead Insurance's daily price indicators and compare them against related drivers.
Information Ratio(0.06)
Maximum Drawdown27.56
Value At Risk(6.93)
Potential Upside7.49
Please check Risk vs Return Analysis. Note that the Goosehead Insurance information on this page should be used as a complementary analysis to other Goosehead Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Goosehead Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goosehead Insurance. If investors know Goosehead will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goosehead Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.53) 
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.0091
The market value of Goosehead Insurance is measured differently than its book value, which is the value of Goosehead that is recorded on the company's balance sheet. Investors also form their own opinion of Goosehead Insurance's value that differs from its market value or its book value, called intrinsic value, which is Goosehead Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goosehead Insurance's market value can be influenced by many factors that don't directly affect Goosehead Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goosehead Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine Goosehead Insurance value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goosehead Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.