Analysts Set GoHealth, Inc. (NASDAQ:GOCO) Price Target at $5.00

Shares of GoHealth, Inc. (NASDAQ:GOCO) have been assigned an average rating of “Hold” from the five brokerages that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $5.00.

GOCO has been the topic of several research reports. Freedom Capital lowered GoHealth from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of GoHealth in a report on Friday, April 24th. Finally, Noble Financial raised GoHealth to a “strong-buy” rating in a report on Wednesday, April 1st.

GoHealth Stock Down 2.3%

NASDAQ GOCO opened at $0.30 on Friday. GoHealth has a 52 week low of $0.28 and a 52 week high of $7.12. The business’s fifty day simple moving average is $0.73 and its 200-day simple moving average is $1.53. The firm has a market cap of $8.60 million, a PE ratio of -0.01 and a beta of 1.19.

GoHealth (NASDAQ:GOCO) last released its quarterly earnings results on Monday, May 18th. The company reported ($2.36) EPS for the quarter, topping the consensus estimate of ($2.40) by $0.04. The business had revenue of $11.91 million during the quarter, compared to analysts’ expectations of $16.90 million. GoHealth had a negative return on equity of 402.70% and a negative net margin of 189.73%. Research analysts expect that GoHealth will post -9.19 EPS for the current year.

Institutional Trading of GoHealth

Large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. acquired a new stake in shares of GoHealth during the fourth quarter valued at $26,000. Benefit Street Partners LLC acquired a new stake in shares of GoHealth during the fourth quarter valued at $29,000. Charles Schwab Investment Management Inc. boosted its stake in shares of GoHealth by 119.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 26,448 shares of the company’s stock valued at $57,000 after acquiring an additional 14,388 shares during the last quarter. American Century Companies Inc. acquired a new stake in shares of GoHealth during the second quarter valued at $63,000. Finally, Franklin Resources Inc. acquired a new stake in shares of GoHealth during the third quarter valued at $66,000. Institutional investors and hedge funds own 24.21% of the company’s stock.

About GoHealth

GoHealth, Inc is a technology-driven health insurance marketplace that connects consumers with a wide range of health insurance plans from leading carriers. Through its digital platform, the company facilitates the comparison, selection and enrollment process for individual and family plans, as well as Medicare Advantage and Medicare Supplement products. By leveraging data analytics and customer support services, GoHealth aims to simplify a traditionally complex market and enable more informed decision-making for policyholders.

The company’s online portal integrates real-time quoting tools, educational resources and access to licensed insurance agents, ensuring that users receive personalized guidance throughout the enrollment journey.