The GEO Group, Inc. (GEO) Forms $22.22 Double Bottom; Gogo (GOGO) Sentiment Is 1.29

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Gogo Inc (GOGO) investors sentiment increased to 1.29 in Q4 2017. It’s up 0.34, from 0.95 in 2017Q3. The ratio has increased, as 63 investment professionals increased and started new stock positions, while 49 sold and decreased their holdings in Gogo Inc. The investment professionals in our database now have: 62.18 million shares, up from 56.73 million shares in 2017Q3. Also, the number of investment professionals holding Gogo Inc in top ten stock positions increased from 1 to 2 for an increase of 1. Sold All: 22 Reduced: 27 Increased: 39 New Position: 24.

The GEO Group, Inc. (GEO) formed double bottom with $20.89 target or 6.00% below today’s $22.22 share price. The GEO Group, Inc. (GEO) has $2.71B valuation. The stock increased 0.05% or $0.01 during the last trading session, reaching $22.22. About 309,936 shares traded. The GEO Group, Inc. (NYSE:GEO) has declined 34.79% since April 19, 2017 and is downtrending. It has underperformed by 46.34% the S&P500.

The stock decreased 4.44% or $0.43 during the last trading session, reaching $9.25. About 1.02 million shares traded. Gogo Inc. (GOGO) has declined 18.49% since April 19, 2017 and is downtrending. It has underperformed by 30.04% the S&P500.

Gogo Inc., through its subsidiaries, provides in-flight connectivity and wireless in-cabin digital entertainment solutions to the aviation industry in the United States and internationally. The company has market cap of $803.31 million. The firm operates through three divisions: Commercial Aviation North America , Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA). It currently has negative earnings. The CA-NA segment provides in-flight connectivity and wireless digital entertainment solutions to commercial airline passengers flying routes that generally begin and end within North America.

Since January 1, 0001, it had 1 insider purchase, and 0 insider sales for $931,780 activity.

Analysts await Gogo Inc. (NASDAQ:GOGO) to report earnings on May, 3. They expect $-0.56 EPS, down 7.69% or $0.04 from last year’s $-0.52 per share. After $-0.52 actual EPS reported by Gogo Inc. for the previous quarter, Wall Street now forecasts 7.69% negative EPS growth.

Stelliam Investment Management Lp holds 3.91% of its portfolio in Gogo Inc. for 8.39 million shares. Marathon Asset Management Lp owns 802,451 shares or 3.46% of their US portfolio. Moreover, Hodges Capital Management Inc. has 1.76% invested in the company for 2.13 million shares. The New York-based Shannon River Fund Management Llc has invested 1.36% in the stock. Elk Creek Partners Llc, a Colorado-based fund reported 1.74 million shares.

Ratings analysis reveals 50% of Gogo’s analysts are positive. Out of 2 Wall Street analysts rating Gogo, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. GOGO was included in 2 notes of analysts from August 18, 2016. The stock of Gogo Inc. (NASDAQ:GOGO) earned “Buy” rating by Guggenheim on Wednesday, January 25. The firm has “Hold” rating given on Thursday, August 18 by Standpoint Research.

Analysts await The GEO Group, Inc. (NYSE:GEO) to report earnings on May, 1. They expect $0.43 EPS, down 15.69% or $0.08 from last year’s $0.51 per share. GEO’s profit will be $52.41 million for 12.92 P/E if the $0.43 EPS becomes a reality. After $0.67 actual EPS reported by The GEO Group, Inc. for the previous quarter, Wall Street now forecasts -35.82% negative EPS growth.

Gogo Inc. (NASDAQ:GOGO) Institutional Positions Chart