Goosehead Insurance (NASDAQ:GSHD) Research Coverage Started at Keefe, Bruyette & Woods

Investment analysts at Keefe, Bruyette & Woods initiated coverage on shares of Goosehead Insurance (NASDAQ:GSHD) in a report released on Tuesday, May 22nd, Marketbeat.com reports. The firm set a “buy” rating and a $20.00 price target on the stock. Keefe, Bruyette & Woods’ price objective would indicate a potential downside of 16.94% from the company’s current price.

GSHD stock traded up $1.81 during midday trading on Tuesday, hitting $24.08. 373,500 shares of the company’s stock were exchanged, compared to its average volume of 153,803. Goosehead Insurance has a 1-year low of $10.78 and a 1-year high of $25.00.

Goosehead Insurance (NASDAQ:GSHD) last announced its quarterly earnings results on Wednesday, June 6th. The company reported $0.08 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.08. The business had revenue of $14.59 million for the quarter, compared to analysts’ expectations of $14.60 million. equities research analysts anticipate that Goosehead Insurance will post 0.28 earnings per share for the current fiscal year.

Goosehead Insurance Company Profile

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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