Goosehead Z Score

GSHD
 Stock
  

USD 40.86  0.46  1.14%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please check Goosehead Insurance Piotroski F Score and Goosehead Insurance Valuation analysis.
  
Goosehead Insurance Invested Capital is projected to increase significantly based on the last few years of reporting. The past year's Invested Capital was at 381.71 Million. The current year Invested Capital Average is expected to grow to about 355.5 M, whereas Market Capitalization is forecasted to decline to about 4.3 B. Goosehead Insurance Net Income to Non Controlling Interests is projected to decrease significantly based on the last few years of reporting. The past year's Net Income to Non Controlling Interests was at 2.89 Million. The current year Operating Expenses is expected to grow to about 53.5 M, whereas Cost of Revenue is forecasted to decline to about 78.3 M.

Goosehead Z Score Analysis

Goosehead Insurance's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 2022 (projected)
Interest Expense2.39 M2.31 M2.85 M2.92 M
Gross Profit35.77 M50.2 M58.27 M47.68 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Goosehead Insurance Z Score

    
  13.79  
Most of Goosehead Insurance's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Goosehead Insurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Goosehead Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Goosehead Insurance is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Goosehead Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Goosehead Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Goosehead Insurance's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

According to the company's disclosures, Goosehead Insurance has a Z Score of 13.79. This is much higher than that of the Insurance sector and significantly higher than that of the Financials industry. The z score for all United States stocks is 58.14% lower than that of the firm.

Goosehead Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goosehead Insurance's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Goosehead Insurance could also be used in its relative valuation, which is a method of valuing Goosehead Insurance by comparing valuation metrics of similar companies.
Goosehead Insurance is one of the top stocks in z score category among related companies.

Goosehead Insurance Current Valuation Drivers

We derive many important indicators used in calculating different scores of Goosehead Insurance from analyzing Goosehead Insurance's financial statements. These drivers represent accounts that assess Goosehead Insurance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Goosehead Insurance's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Earnings Before Interest Taxes and Depreciation Amortization EBITDA3.35 M(1.67 M)9.4 M27.75 M17.03 M14.9 M
Earnings Before Interest Taxes and Depreciation Amortization USD3.35 M(1.67 M)9.4 M27.75 M17.03 M14.9 M
Free Cash Flow7.09 M8.03 M17.14 M14.28 M20.04 M17.33 M
Invested Capital54.01 M56.17 M81.67 M257.74 M381.71 M411.84 M
Tangible Asset Value16.49 M34.55 M64.18 M185.29 M265 M285.92 M
Working Capital1.95 M15.03 M13.32 M30.29 M20.04 M18.58 M

Goosehead Insurance Institutional Holders

Institutional Holdings refers to the ownership stake in Goosehead Insurance that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Goosehead Insurance's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Goosehead Insurance's value.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.3 K83 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.3 K107 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.3 K183 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.3 K304 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.9 K295 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.9 K247 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.9 K208 K

Goosehead Fundamentals

About Goosehead Insurance Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Goosehead Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goosehead Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goosehead Insurance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

Goosehead Insurance Investors Sentiment

The influence of Goosehead Insurance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Goosehead. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Goosehead Insurance's public news can be used to forecast risks associated with investment in Goosehead. The trend in average sentiment can be used to explain how an investor holding Goosehead can time the market purely based on public headlines and social activities around Goosehead Insurance. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Goosehead Insurance's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Goosehead Insurance's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Goosehead Insurance's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Goosehead Insurance.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Goosehead Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Goosehead Insurance's short interest history, or implied volatility extrapolated from Goosehead Insurance options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Goosehead Insurance using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Goosehead Insurance Piotroski F Score and Goosehead Insurance Valuation 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Goosehead Insurance price analysis, check to measure Goosehead Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goosehead Insurance is operating at the current time. Most of Goosehead Insurance's value examination focuses on studying past and present price action to predict the probability of Goosehead Insurance's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Goosehead Insurance's price. Additionally, you may evaluate how the addition of Goosehead Insurance to your portfolios can decrease your overall portfolio volatility.
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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.