Goosehead Insurance offers home insurance products, such as homeowners insurances, condo insurances, renter’s insurances, mobile home insurances, landlord protection products, and builder’s risk policies; auto insurance products for car, motorcycle, RV, classic car, and boat/watercraft; and life and business insurance products. It also provides franchising opportunities. The company was founded in 2012 and is based in Irving, Texas.
GSHD Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for GSHD, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Goosehead Insurance Inc ranked in the 12th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Goosehead Insurance Inc ended up being:
The business' balance sheet suggests that 4% of the company's capital is sourced from debt; this is greater than merely 13.61% of the free cash flow producing stocks we're observing.
As a business, Goosehead Insurance Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than only 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as GSHD, try BEN, GEC, AIG, ERIE, and TRUP.
Introduction Goosehead Insurance (GSHD) is a small but fast-growing insurance company with a big emphasis on how they are using technology in all aspects of their business to improve the customer, employee, and independent insurance agent experience. They are pursuing a strategy whereby they are selling their products and services...
Goosehead Insurance, Inc. (GSHD) Q2 2020 Earnings Conference Call July 30, 2020 4:30 PM ET Company Participants Dan Farrell – Vice President-Capital Markets Mark Jones – Chairman and Chief Executive Officer Mark Colby – Chief Financial Officer Michael Colby – President and Chief Operating Officer Conference Call Participants Mark Dwelle...
With us today are Mark Jones, Chairman and Chief Executive Officer of Goosehead; Michael Colby, President and Chief Operating Officer; and Mark Colby, Chief Financial Officer. By now, everyone should have access to our earnings announcement, which was released prior to this call, which may also be found on our website at ir.gooseheadinsurance.com.
- Second Quarter Revenues Were $29.9 Million - - Total Written Premiums Grew 41% - - Total Franchises and Corporate Sales Headcount Grew 48% and 49%, Respectively - - Net Income of $7.4 Million, Adjusted EBITDA of $9.8 Million and Adjusted EBITDA Margin of 33% - - Special Dividend of $42 Million Declared - - Raising 2020 Outlook for Total Written Premiums and Revenues -WESTLAKE, Texas, July 30, 2020 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD), a rapidly growing independent personal lines insurance agency, today announced results for the second quarter ended June 30, 2020. Beginning with the fourth quarter and full year 2019, the Company began reporting results under accounting standard ASC 606. The Company is using the mod...