GoHealth (GOCO) Expected to Announce Quarterly Earnings on Thursday

GoHealth (NASDAQ:GOCO) is expected to announce its earnings results before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of $1.16 per share and revenue of $326.56 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

GoHealth Stock Performance

GOCO opened at $13.75 on Wednesday. The firm has a market cap of $316.37 million, a P/E ratio of -3.93 and a beta of 1.68. GoHealth has a 1-year low of $7.27 and a 1-year high of $21.00. The company has a 50 day simple moving average of $15.90 and a two-hundred day simple moving average of $12.50. 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% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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 hedge funds and other institutional investors.

About GoHealth

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.