Goosehead Insurance Inc (NASDAQ:GSHD) – Research analysts at William Blair increased their Q2 2019 EPS estimates for shares of Goosehead Insurance in a report issued on Tuesday, November 6th. William Blair analyst A. Klauber now expects that the company will post earnings per share of $0.12 for the quarter, up from their prior estimate of $0.11. William Blair also issued estimates for Goosehead Insurance’s Q4 2019 earnings at $0.13 EPS.
Several other research firms also recently issued reports on GSHD. Zacks Investment Research downgraded shares of Goosehead Insurance from a “buy” rating to a “hold” rating in a research report on Tuesday. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $28.00 price target on shares of Goosehead Insurance in a research report on Thursday, August 9th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $25.00.
Goosehead Insurance (NASDAQ:GSHD) last announced its quarterly earnings data on Monday, November 5th. The company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. The company had revenue of $16.05 million for the quarter, compared to analyst estimates of $15.60 million.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Gilder Gagnon Howe & Co. LLC acquired a new stake in Goosehead Insurance in the 2nd quarter valued at $55,822,000. Jennison Associates LLC acquired a new stake in Goosehead Insurance in the 2nd quarter valued at $20,355,000. BlackRock Inc. acquired a new stake in Goosehead Insurance in the 2nd quarter valued at $12,772,000. American Century Companies Inc. acquired a new stake in Goosehead Insurance in the 2nd quarter valued at $5,753,000. Finally, Emerald Mutual Fund Advisers Trust acquired a new stake in Goosehead Insurance in the 2nd quarter valued at $5,297,000. 75.79% of the stock is owned by institutional investors and hedge funds.
Goosehead Insurance Company Profile
Goosehead Insurance, Inc focuses on operating as a holding company for Goosehead Financial, LLC that provides personal lines insurance agency services in the United States. The company operates through two segments, Corporate Channel and Franchise Channel. It offers various insurance products, including homeowner's insurance; auto insurance; other personal lines products, such as flood, wind, and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance comprising motorcycle, recreational vehicle, and other insurance; commercial lines insurance consisting of general liability, property, and auto insurance for small businesses; and life insurance.
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