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:
We started the process of determining a valid price forecast for Goosehead Insurance Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Goosehead Insurance Inc ranked in the 33th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for GSHD, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 96. Notably, its equity weight is greater than 92.09% of US equities in the Financial Services sector yielding a positive free cash flow.
The business' balance sheet suggests that 4% of the company's capital is sourced from debt; this is greater than merely 11.9% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
WLTW, BSIG, L, WD, and AON can be thought of as valuation peers to GSHD, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
Shares of Goosehead Insurance Inc (NASDAQ:GSHD) rose by 0.4% from the previous closing price. A Form 4 filing filed with the SEC on Tuesday, June 30 showed that President and Colby Michael C. sold 9,019 shares at an average price of $75.20. The transaction moved the executive's stake in Goosehead Insurance Inc. to 63,631 shares.The Importance of Insider Transactions While transactions from an insider shouldn't be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, i...
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BELMONT, Calif.--(BUSINESS WIRE)-- #Cloud--RingCentral, Inc. (NYSE:RNG), a leading provider of global enterprise cloud communications, collaboration, and contact center solutions, today announced that Goosehead Insurance, Inc. (NASDAQ: GSHD) a rapidly growing independent personal lines insurance agency, is using RingCentral’s cloud communications solutions to enable their entire organization to work from anywhere, using any device. Leveraging RingCentral Office®, a Unified Communications as a Service (U
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.