GoHealth (GOCO) Expected to Announce Quarterly Earnings on Thursday

GoHealth (NASDAQ:GOCO) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $225.91 million for the quarter.

GoHealth Stock Down 7.4 %

Shares of GoHealth stock opened at $7.18 on Wednesday. The stock’s 50-day moving average is $11.82 and its 200 day moving average is $13.10. GoHealth has a one year low of $7.17 and a one year high of $21.00. The firm has a market cap of $165.20 million, a price-to-earnings ratio of -2.05 and a beta of 1.71. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.18 and a quick ratio of 1.18.

Hedge Funds Weigh In On GoHealth

A hedge fund recently raised its stake in GoHealth stock. Bank of America Corp DE increased its stake in shares of GoHealth, Inc. (NASDAQ:GOCO) by 22.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,831 shares of the company’s stock after acquiring an additional 1,452 shares during the quarter. Bank of America Corp DE’s holdings in GoHealth were worth $105,000 at the end of the most recent quarter. 24.21% of the stock is currently owned by institutional investors and hedge funds.

GoHealth Company Profile

GoHealth, Inc operates as a health insurance marketplace and Medicare-focused digital health company in the United States. The company operates a technology platform that leverages machine-learning algorithms of insurance behavioral data to optimize the process for helping individuals find the health insurance plan for their specific needs.