Goosehead Stock Today

GSHD
 Stock
  

USD 37.06  0.07  0.19%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
Goosehead Insurance is trading at 37.06 as of the 6th of October 2022, a 0.19 percent up since the beginning of the trading day. The stock's lowest day price was 35.0. Goosehead Insurance has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Goosehead Insurance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of November 2020 and ending today, the 6th of October 2022. Click here to learn more.
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. The company has 20.12 M outstanding shares of which 2.56 M shares are currently shorted by private and institutional investors with about 9.03 trading days to cover. More on Goosehead Insurance

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Follow Valuation Odds of Bankruptcy
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Goosehead Insurance Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Goosehead Insurance's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Goosehead Insurance or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Goosehead Insurance generated a negative expected return over the last 90 days
Goosehead Insurance has high historical volatility and very poor performance
Goosehead Insurance is unlikely to experience financial distress in the next 2 years
Latest headline from www.digitaljournal.com: Insurance Franchise Market 2022 Leading Manufacturers, Business Demand, Regions, Dynamics and Share Forecast to 2028 with Fastest Growing Countries Data 112 Pages Report - Digital Journal
Chairman of the Board, CEOMark Jones
Average Analyst Recommendation
Analysts covering Goosehead Insurance report their recommendations after researching Goosehead Insurance's financial statements, talking to executives and customers, or listening in on Goosehead Insurance's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Goosehead Insurance. The Goosehead consensus assessment is calculated by taking the average forecast from all of the analysts covering Goosehead Insurance.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Goosehead Insurance's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Goosehead Insurance (GSHD) is traded on NASDAQ Exchange in USA and employs 1,238 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Goosehead Insurance's market, we take the total number of its shares issued and multiply it by Goosehead Insurance's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Goosehead Insurance conducts business under Financial Services sector and is part of Insurance—Diversified industry. The entity has 20.12 M outstanding shares of which 2.56 M shares are currently shorted by private and institutional investors with about 9.03 trading days to cover. Goosehead Insurance currently holds about 31.12 M in cash with 25.54 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51.
Check Goosehead Insurance Probability Of Bankruptcy
Ownership
Goosehead Insurance secures a total of 20.12 Million outstanding shares. The majority of Goosehead Insurance outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Goosehead Insurance to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Goosehead Insurance. Please pay attention to any change in the institutional holdings of Goosehead Insurance as this could imply that something significant has changed or about to change at the company. Also note that almost two million twelve thousand invesors are currently shorting Goosehead Insurance expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Goosehead Ownership Details

Goosehead Stock Price Odds Analysis

What are Goosehead Insurance's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Goosehead Insurance jumping above the current price in 90 days from now is more than 93.0%. The Goosehead Insurance probability density function shows the probability of Goosehead Insurance stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.6691. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Goosehead Insurance will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Goosehead Insurance is significantly underperforming DOW.
  Odds Below 37.06HorizonTargetOdds Above 37.06
6.84%90 days
 37.06 
93.13%
Based on a normal probability distribution, the odds of Goosehead Insurance to move above the current price in 90 days from now is more than 93.0 (This Goosehead Insurance probability density function shows the probability of Goosehead Stock to fall within a particular range of prices over 90 days) .

Goosehead Stock 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.
InstituionSecurity TypeTotal SharesValue
Wasatch Advisors IncCommon SharesM137.4 M
Kayne Anderson Rudnick Investment Management LlcCommon Shares1.9 M86.4 M
View Goosehead Insurance Diagnostics

Goosehead Insurance Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Goosehead Insurance market risk premium is the additional return an investor will receive from holding Goosehead Insurance long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Goosehead Insurance. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Goosehead Insurance's alpha and beta are two of the key measurements used to evaluate Goosehead Insurance's performance over the market, the standard measures of volatility play an important role as well.

Goosehead Stock Against Markets

Picking the right benchmark for Goosehead Insurance stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Goosehead Insurance stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Goosehead Insurance is critical whether you are bullish or bearish towards Goosehead Insurance at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Goosehead Insurance without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Goosehead Insurance Corporate Executives

Elected by the shareholders, the Goosehead Insurance's board of directors comprises two types of representatives: Goosehead Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Goosehead. The board's role is to monitor Goosehead Insurance's management team and ensure that shareholders' interests are well served. Goosehead Insurance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Goosehead Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.

Invested in Goosehead Insurance?

The danger of trading Goosehead Insurance is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Goosehead Insurance is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Goosehead Insurance. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Goosehead Insurance is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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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.
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.