Goosehead Insurance (GSHD) to Release Earnings on Wednesday

Goosehead Insurance (NASDAQ:GSHD) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.24 per share and revenue of $78.59 million for the quarter.

Goosehead Insurance Price Performance

NASDAQ GSHD opened at $98.45 on Tuesday. The company has a debt-to-equity ratio of 37.70, a quick ratio of 1.55 and a current ratio of 1.55. The business’s fifty day moving average is $114.66 and its 200 day moving average is $111.19. The company has a market capitalization of $3.67 billion, a PE ratio of 136.74, a price-to-earnings-growth ratio of 5.17 and a beta of 1.48. Goosehead Insurance has a fifty-two week low of $50.47 and a fifty-two week high of $130.39.

Insider Activity

In other news, Chairman Mark Evan Jones sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $119.04, for a total value of $4,761,600.00. Following the completion of the sale, the chairman now directly owns 38,951 shares of the company’s stock, valued at $4,636,727.04. This trade represents a 50.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, major shareholder & Robyn Jones Descendants Mark sold 19,600 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $123.09, for a total value of $2,412,564.00. Following the transaction, the insider now directly owns 132,349 shares in the company, valued at approximately $16,290,838.41. This represents a 12.90 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 308,812 shares of company stock worth $37,392,258. 48.35% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Goosehead Insurance from $90.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, April 8th. Piper Sandler dropped their price target on shares of Goosehead Insurance from $132.00 to $122.00 and set an “overweight” rating for the company in a research report on Wednesday, April 9th. Bank of America raised their price objective on shares of Goosehead Insurance from $39.00 to $43.00 and gave the company an “underperform” rating in a research report on Tuesday, February 25th. UBS Group increased their price target on Goosehead Insurance from $120.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Finally, Keefe, Bruyette & Woods boosted their price objective on Goosehead Insurance from $110.00 to $127.00 and gave the company an “outperform” rating in a research report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $110.10.

About Goosehead Insurance

Goosehead Insurance, Inc operates as a holding company for Goosehead Financial, LLC that engages in the provision of personal lines insurance agency services in the United States. The company offers homeowner’s, automotive, dwelling property, flood, wind, earthquake, excess liability or umbrella, motorcycle, recreational vehicle, general liability, property, and life insurance products and services.