GoHealth Inc. (NASDAQ: GOCO) shares are -28.52% down in the year-to-date (YTD) period and have moved 3.57% or $0.48 higher in the latest trading session. If we look at the shorter duration, its week performance is -10.32% and -21.63% over the month.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
On August 10, 2020, RBC Capital Mkts recommended the GOCO stock is a Outperform, while earlier, William Blair had Initiated the stock as a Outperform on August 11, 2020. 10 analysts offering the recommendations for the stock have a consensus rating of 1.90 to suggest that the GOCO stock is a “Strong Buy. 0 of the 10 analysts rate the stock as a “Sell”, while 0 has rated it as “Underweight”. 9 recommend buying, with 0 rating it as an Overweight.
The stock currently trades at $13.91 and analysts tracking its performance over the next 12 months have a consensus estimate price target of $23.44. The forecasts give the GoHealth Inc. stock a price target range of $27.00 on the higher side while at least one analyst think the stock could plunge to a low of $18.00. The two limits represent an upside potential of 48.48% or 22.72%.
Analysts also offered guidance for the next financial quarter, with their average projected EPS at between $0.42 and $0.69. Wall Street estimates earnings per share to be at an average of $0.8 for the next year.
Insider Transactions Summary
According to SEC data, total insider shares purchases at the company stands at 6 over the last 12 months, while SEC filings reveal that there have been 5 insider sales over the same period. Insiders have purchases 97,621 shares while those sold by company executives and officers stand at 32,953,201. The last 3 months have seen insiders trade a total of 97,621 and 32,953,201 in purchases and sales respectively.
Sesen Bio Inc. (NASDAQ:SESN), on the other hand, is trading around $1.03 with a market cap of $119.78M and analyst research firms have a positive stance on its shares. Some analysts are even forecasting -$0.05 per share in earnings this year on a short term (1 year) basis.
Let us briefly look at the Sesen Bio Inc. (SESN) financials, with a focus on its operating details as indicated in its earnings report for the last quarter.
Company balance sheet and cash flow
SESN’s operating expenses over the recent quarter were at -$26.34 million. This represented a 199.94% of the company’s total revenues which amounted $26.36 million. With this in place, we can see that the company’s diluted EPS declined -$0.24 on the year-over-year period, shrinking to -$0.67 as given in the last earnings report.
In terms of the balance sheet & cash flow as of (Sep 2020), the total assets figure advanced to $101.21 million from $104.67 million over the previous quarter. The cash flow from operating activities totaled -$18.33 million, significantly lower than the -$16.74 million reported in the year-ago quarter. The company’s free cash flow for the quarter was -$18.33 million.
Insiders have transacted a total of 0 times at Sesen Bio Inc. over the last 6 months, with insider purchases undertaken 0 times and accounting for 0 shares. Insider sales totaled 0 shares over the same period, with these deals completed in 0 transactions. Looking at these numbers, we realize that net purchases over that period are 0.0 shares. Insiders now hold a total of 78.5k shares after the latest sales, with 0.00% net shares purchased.
Insiders own 0.07% of the company shares, while shares held by institutions stand at 18.90% with a share float percentage of 106.34M. Investors are also buoyed by the number of investors in a company, with Sesen Bio Inc. having a total of 54 institutions that hold shares in the company.