Goosehead Insurance (GSHD) Announces Earnings Results

Goosehead Insurance (NASDAQ:GSHD) posted its quarterly earnings data on Wednesday. The company reported $0.08 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.08, Bloomberg Earnings reports. The firm had revenue of $14.59 million for the quarter, compared to analysts’ expectations of $14.60 million.

Goosehead Insurance opened at $17.11 on Thursday, according to MarketBeat Ratings. Goosehead Insurance has a one year low of $10.78 and a one year high of $17.94.

GSHD has been the topic of a number of analyst reports. Keefe, Bruyette & Woods initiated coverage on shares of Goosehead Insurance in a report on Tuesday, May 22nd. They set a “buy” rating and a $20.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on shares of Goosehead Insurance in a report on Tuesday, May 22nd. They set an “overweight” rating and a $20.00 price objective on the stock. Bank of America initiated coverage on Goosehead Insurance in a research note on Tuesday, May 22nd. They set a “buy” rating and a $19.00 target price on the stock. Finally, William Blair initiated coverage on Goosehead Insurance in a research note on Wednesday, May 23rd. They set an “outperform” rating on the stock.

About Goosehead Insurance

Goosehead Insurance, Inc is a holding company, which engages in the provision of independent personal lines insurance agency. It operates through Corporate Channel, and Franchise Channel segments. The Corporate Channel segment consists of company-owned and financed operations with employees who are hired, trained and managed by the company.

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