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Earnings
Goosehead Insurance tightens FY21 revenue view to $149M-$155M from $144M-$155M » 16:05
10/27/21
10/27
16:05
10/27/21
16:05
GSHD

Goosehead Insurance

$149.14 /

-5.36 (-3.47%)

Consensus $152.69M. The…

Consensus $152.69M. The company said, "Total written premiums placed for 2021 are expected to be between $1.54 billion and $1.56 billion, representing organic growth of 43% on the low end of the range to 45% on the high end of the range. Prior guidance issued was for organic premium growth between 40% and 45%. Total revenues for 2021 are expected to be between $149 million and $155 million, representing organic growth of 27% on the low end of the range to 32% on the high end of the range. Prior guidance issued was for organic premium growth between 25% and 33%."

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GSHD Goosehead Insurance
$149.14 /

-5.36 (-3.47%)

GSHD Goosehead Insurance
$149.14 /

-5.36 (-3.47%)

10/18/21
Fly Intel: Top five analyst downgrades
10/18/21 BofA
Goosehead Insurance downgraded to Underperform on valuation at BofA
10/18/21 BofA
Goosehead Insurance downgraded to Underperform from Neutral at BofA
10/06/21 Keefe Bruyette
Goosehead price target raised to $181 from $140 at Keefe Bruyette
GSHD Goosehead Insurance
$149.14 /

-5.36 (-3.47%)

Earnings
Goosehead Insurance reports Q3 adjusted EPS 26c, consensus 15c » 16:03
10/27/21
10/27
16:03
10/27/21
16:03
GSHD

Goosehead Insurance

$149.11 /

-5.39 (-3.49%)

Reports Q3 revenue…

Reports Q3 revenue $41.68M, consensus $39.82M. "Goosehead delivered an exceptional third quarter with strong premium and Core Revenue growth, significant talent additions, a 92 net promoter score and industry leading client retention of 89% - all against a very strong year ago comparison," stated Mark Jones, chairman and CEO. "We are extremely excited to have launched our Digital Agent Platform during the third quarter and have received a tremendously favorable response from our clients, agents and carrier partners around the potential for this powerful and highly differentiated tool to drive growth and enhance the client experience. Leveraging agent-informed artificial intelligence across nearly 30 million of our prior quotes, individuals can run highly accurate home, auto, flood, condo and renter's quotes online from multiple carriers in less than 60 seconds by entering as little as 3 data points. This is an incredibly effortless client experience as evidenced by an average 96 net promoter score on business generated through the Digital Agent Platform thus far. We are continuing to accelerate our work on deeper carrier technology integrations and expect to unveil a quote-to-issue shopping experience with multiple carriers during 2022, all while maintaining in the background the critical benefits that knowledgeable agents provide to clients. The significant investments we are making in our people and technology platform are clearly expanding our already powerful and substantial competitive moat in the marketplace."

ShowHide Related Items >><<
GSHD Goosehead Insurance
$149.11 /

-5.39 (-3.49%)

GSHD Goosehead Insurance
$149.11 /

-5.39 (-3.49%)

10/18/21
Fly Intel: Top five analyst downgrades
10/18/21 BofA
Goosehead Insurance downgraded to Underperform on valuation at BofA
10/18/21 BofA
Goosehead Insurance downgraded to Underperform from Neutral at BofA
10/06/21 Keefe Bruyette
Goosehead price target raised to $181 from $140 at Keefe Bruyette
GSHD Goosehead Insurance
$149.11 /

-5.39 (-3.49%)

Downgrade
Fly Intel: Top five analyst downgrades » 09:54
10/18/21
10/18
09:54
10/18/21
09:54
DIS

Disney

$172.15 /

-4.275 (-2.42%)

, SUM

Summit Materials

$32.96 /

-0.49 (-1.46%)

, GSHD

Goosehead Insurance

$155.00 /

-8.51 (-5.20%)

, ED

Consolidated Edison

$72.60 /

-1.935 (-2.60%)

, DOW

Dow Inc.

$57.93 /

-1.015 (-1.72%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Disney (DIS) downgraded to Equal Weight from Overweight at Barclays with analyst Kannan Venkateshwar saying the growth of Disney+ has slowed significantly despite the launch of new franchise titles and Star+. 2. Summit Materials (SUM) downgraded to Sector Perform from Outperform at RBC Capital with analyst Mike Dahl saying at its current valuation of 10.7-times expected FY22 EBITDA, the stock now better reflects the potential for infrastructure and further portfolio optimization, with cost inflation creating near-term risks to earnings. 3. Goosehead Insurance (GSHD) downgraded to Underperform from Neutral at BofA with analyst Joshua Shanker calling his change in rating "heavily valuation-driven" with the shares having more than doubled from a mid-May trough. 4. Consolidated Edison (ED) downgraded to Underperform from Neutral at BofA with analyst Julien Dumoulin-Smith saying the stock has recently re-rated with a 2% increase over the past 30 days vs. a decline of 3% for the broader Utilities index, the analyst tells investors in a research note. 5. Dow Inc. (DOW) downgraded to Underperform from Peer Perform at Wolfe Research with analyst Josh Silverstein saying the downgrade reflects the analyst's cautious petrochemical view, which stems from his bullish natural gas, methane and propane outlook. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
SUM Summit Materials
$32.96 /

-0.49 (-1.46%)

GSHD Goosehead Insurance
$155.00 /

-8.51 (-5.20%)

ED Consolidated Edison
$72.60 /

-1.935 (-2.60%)

DOW Dow Inc.
$57.93 /

-1.015 (-1.72%)

DIS Disney
$172.15 /

-4.275 (-2.42%)

DIS Disney
$172.15 /

-4.275 (-2.42%)

10/18/21 MoffettNathanson
Disney price target lowered to $180 from $185 at MoffettNathanson
10/18/21 Barclays
Barclays downgrades Disney on slowing of streaming growth
10/18/21 Barclays
Disney downgraded to Equal Weight from Overweight at Barclays
09/28/21 Wells Fargo
Wells Fargo cuts Disney target, sees 'wood to chop' to hit sub outlook
SUM Summit Materials
$32.96 /

-0.49 (-1.46%)

10/18/21 RBC Capital
Summit Materials cut to Sector Perform at RBC Capital on valuation
10/18/21 RBC Capital
Summit Materials downgraded to Sector Perform from Outperform at RBC Capital
08/09/21 DA Davidson
Summit Materials price target raised to $35 from $30 at DA Davidson
06/25/21 Citi
Citi sees infrastructure framework as 'tailwind' for infrastructure companies
GSHD Goosehead Insurance
$155.00 /

-8.51 (-5.20%)

10/18/21 BofA
Goosehead Insurance downgraded to Underperform on valuation at BofA
10/18/21 BofA
Goosehead Insurance downgraded to Underperform from Neutral at BofA
10/06/21 Keefe Bruyette
Goosehead price target raised to $181 from $140 at Keefe Bruyette
10/05/21 Piper Sandler
Goosehead Insurance price target raised to $160 from $155 at Piper Sandler
ED Consolidated Edison
$72.60 /

-1.935 (-2.60%)

10/18/21 BofA
Consolidated Edison downgraded to Underperform from Neutral at BofA
10/18/21 BofA
Consolidated Edison downgraded to Underperform from Neutral at BofA
10/07/21 Mizuho
Consolidated Edison price target lowered to $75 from $78 at Mizuho
07/20/21
Fly Intel: Top five analyst downgrades
DOW Dow Inc.
$57.93 /

-1.015 (-1.72%)

10/18/21 Wolfe Research
Dow downgraded to Underperform on margin squeeze at Wolfe Research
10/18/21 Wolfe Research
Dow Inc. downgraded to Underperform from Peer Perform at Wolfe Research
10/12/21 Mizuho
Dow Inc. initiated with a Neutral at Mizuho
10/05/21 Redburn
Dow Inc. initiated with a Neutral at Redburn
SUM Summit Materials
$32.96 /

-0.49 (-1.46%)

GSHD Goosehead Insurance
$155.00 /

-8.51 (-5.20%)

ED Consolidated Edison
$72.60 /

-1.935 (-2.60%)

DOW Dow Inc.
$57.93 /

-1.015 (-1.72%)

DIS Disney
$172.15 /

-4.275 (-2.42%)

  • 16
    Jun
  • 02
    Dec
SUM Summit Materials
$32.96 /

-0.49 (-1.46%)

DIS Disney
$172.15 /

-4.275 (-2.42%)

DOW Dow Inc.
$57.93 /

-1.015 (-1.72%)

DIS Disney
$172.15 /

-4.275 (-2.42%)

DOW Dow Inc.
$57.93 /

-1.015 (-1.72%)

DIS Disney
$172.15 /

-4.275 (-2.42%)

Downgrade
Goosehead Insurance downgraded to Underperform on valuation at BofA » 06:46
10/18/21
10/18
06:46
10/18/21
06:46
GSHD

Goosehead Insurance

$163.43 /

-3.265 (-1.96%)

BofA analyst Joshua…

BofA analyst Joshua Shanker downgraded Goosehead Insurance to Underperform from Neutral with a $154 price target, calling his change in rating "heavily valuation-driven" with the shares having more than doubled from a mid-May trough. He presumes this correlates with optimism regarding the company's digital agent platform launched in August, but the digital platform does not change his outlook in the nearer-term, Shanker said. In the near-term, he is modeling declining agent productivity due to a combination of a higher proportion of more junior agents and "unsustainably" high 2020 contingent commission levels that seem unlikely to revert to prior-year levels.

ShowHide Related Items >><<
GSHD Goosehead Insurance
$163.43 /

-3.265 (-1.96%)

GSHD Goosehead Insurance
$163.43 /

-3.265 (-1.96%)

10/18/21 BofA
Goosehead Insurance downgraded to Underperform from Neutral at BofA
10/06/21 Keefe Bruyette
Goosehead price target raised to $181 from $140 at Keefe Bruyette
10/05/21 Piper Sandler
Goosehead Insurance price target raised to $160 from $155 at Piper Sandler
09/09/21 JMP Securities
Goosehead Insurance initiated with an Outperform at JMP Securities
GSHD Goosehead Insurance
$163.43 /

-3.265 (-1.96%)

Downgrade
Goosehead Insurance downgraded to Underperform from Neutral at BofA » 06:07
10/18/21
10/18
06:07
10/18/21
06:07
GSHD

Goosehead Insurance

$163.43 /

-3.265 (-1.96%)

BofA downgraded Goosehead…

BofA downgraded Goosehead Insurance to Underperform from Neutral with a $154 price target.

ShowHide Related Items >><<
GSHD Goosehead Insurance
$163.43 /

-3.265 (-1.96%)

GSHD Goosehead Insurance
$163.43 /

-3.265 (-1.96%)

10/06/21 Keefe Bruyette
Goosehead price target raised to $181 from $140 at Keefe Bruyette
10/05/21 Piper Sandler
Goosehead Insurance price target raised to $160 from $155 at Piper Sandler
09/09/21 JMP Securities
Goosehead Insurance initiated with an Outperform at JMP Securities
09/08/21
Fly Intel: Top five analyst initiations
GSHD Goosehead Insurance
$163.43 /

-3.265 (-1.96%)

Recommendations
Goosehead price target raised to $181 from $140 at Keefe Bruyette » 05:42
10/06/21
10/06
05:42
10/06/21
05:42
GSHD

Goosehead Insurance

$159.35 /

+7.63 (+5.03%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Meyer Shields raised the firm's price target on Goosehead Insurance to $181 from $140 and keeps an Outperform rating on the shares. The analyst expects "sustained and very rapid" revenue growth, likely augmented in the near-term by rising personal property insurance rates, to keep boosting Goosehead shares over the next 12 months.

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GSHD Goosehead Insurance
$159.35 /

+7.63 (+5.03%)

GSHD Goosehead Insurance
$159.35 /

+7.63 (+5.03%)

10/05/21 Piper Sandler
Goosehead Insurance price target raised to $160 from $155 at Piper Sandler
09/09/21 JMP Securities
Goosehead Insurance initiated with an Outperform at JMP Securities
09/08/21
Fly Intel: Top five analyst initiations
09/08/21 Truist
Goosehead Insurance initiated with a Hold at Truist
GSHD Goosehead Insurance
$159.35 /

+7.63 (+5.03%)

Recommendations
Goosehead Insurance price target raised to $160 from $155 at Piper Sandler » 06:09
10/05/21
10/05
06:09
10/05/21
06:09
GSHD

Goosehead Insurance

$151.78 /

-1.845 (-1.20%)

Piper Sandler analyst…

Piper Sandler analyst Paul Newsome raised the firm's price target on Goosehead Insurance to $160 from $155 and keeps an Overweight rating on the shares after hosting meetings with management. The meetings reinforced the view that Goosehead "will remain a rare growth story in insurance brokerage," Newsome tells investors in a research note. The analyst left feeling confident that the roughly 40% core organic revenue growth seen so far this year "can continue for the foreseeable future."

ShowHide Related Items >><<
GSHD Goosehead Insurance
$151.78 /

-1.845 (-1.20%)

GSHD Goosehead Insurance
$151.78 /

-1.845 (-1.20%)

09/09/21 JMP Securities
Goosehead Insurance initiated with an Outperform at JMP Securities
09/08/21
Fly Intel: Top five analyst initiations
09/08/21 Truist
Goosehead Insurance initiated with a Hold at Truist
09/08/21 Truist
Goosehead Insurance initiated with a Hold at Truist
GSHD Goosehead Insurance
$151.78 /

-1.845 (-1.20%)

Conference/Events
Goosehead Insurance management to meet with Piper Sandler » 04:55
10/04/21
10/04
04:55
10/04/21
04:55
GSHD

Goosehead Insurance

$153.62 /

+1.06 (+0.69%)

Meeting to be held in New…

Meeting to be held in New York on October 4 hosted by Piper Sandler.

ShowHide Related Items >><<
GSHD Goosehead Insurance
$153.62 /

+1.06 (+0.69%)

GSHD Goosehead Insurance
$153.62 /

+1.06 (+0.69%)

09/09/21 JMP Securities
Goosehead Insurance initiated with an Outperform at JMP Securities
09/08/21
Fly Intel: Top five analyst initiations
09/08/21 Truist
Goosehead Insurance initiated with a Hold at Truist
09/08/21 Truist
Goosehead Insurance initiated with a Hold at Truist
GSHD Goosehead Insurance
$153.62 /

+1.06 (+0.69%)

Conference/Events
Goosehead Insurance management to meet with Piper Sandler » 12:53
10/01/21
10/01
12:53
10/01/21
12:53
GSHD

Goosehead Insurance

$150.45 /

-2.11 (-1.38%)

Meeting to be held in New…

Meeting to be held in New York on October 4 hosted by Piper Sandler.

ShowHide Related Items >><<
GSHD Goosehead Insurance
$150.45 /

-2.11 (-1.38%)

GSHD Goosehead Insurance
$150.45 /

-2.11 (-1.38%)

09/09/21 JMP Securities
Goosehead Insurance initiated with an Outperform at JMP Securities
09/08/21
Fly Intel: Top five analyst initiations
09/08/21 Truist
Goosehead Insurance initiated with a Hold at Truist
09/08/21 Truist
Goosehead Insurance initiated with a Hold at Truist
GSHD Goosehead Insurance
$150.45 /

-2.11 (-1.38%)

Conference/Events
Goosehead Insurance management to meet with JMP Securities » 04:55
09/14/21
09/14
04:55
09/14/21
04:55
GSHD

Goosehead Insurance

$147.28 /

-5.91 (-3.86%)

Meetings to be held in…

Meetings to be held in Boston on September 13-14 hosted by JMP Securities.

ShowHide Related Items >><<
GSHD Goosehead Insurance
$147.28 /

-5.91 (-3.86%)

GSHD Goosehead Insurance
$147.28 /

-5.91 (-3.86%)

09/09/21 JMP Securities
Goosehead Insurance initiated with an Outperform at JMP Securities
09/08/21
Fly Intel: Top five analyst initiations
09/08/21 Truist
Goosehead Insurance initiated with a Hold at Truist
09/08/21 Truist
Goosehead Insurance initiated with a Hold at Truist
GSHD Goosehead Insurance
$147.28 /

-5.91 (-3.86%)

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