Goosehead Insurance, Inc. Class A Common Stock | GSHD

Daily Technical Analysis of Goosehead Insurance, Inc. Class A Common Stock

Goosehead Insurance had a nice pop today and is currently up 3.40% we'll see if the cash keeps flowing in.

Goosehead Insurance doesn't seem to be at a very clear reversal point in either direction. Goosehead Insurance has looked pretty good over the last few months. It has definitely cuaght a bid and had a nice run. Over the last 3 months, shareholders are no doubt pleased to see a 49.80 percent return. GSHD might find some support at the 71.56 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Goosehead Insurance By Price Target And Rating

The analysts feel fairly neutral on the prospects for Goosehead Insurance but a little more positive than negative. The current Analysts Sentiment Score is 11.71. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. JMP Securities reiterated a rating of Market Outperform on 2024-04-15 and added a price target of $100.00. JPMorgan Chase & Co. provided a price target boost of 1.64% to $62.00 from $61.00 on 2024-04-08. Piper Sandler gave a boost to their price target and moved to $88.00 from $85.00 on 2024-03-28. Truist Financial decided to move down their price target on 2024-03-28 to $70.00 which is a -6.67% decrease. BMO Capital Markets provided a price target decease of -5.26% to $90.00 from $95.00 on 2024-03-28. TD Cowen initiated a rating of Outperform on 2024-01-10 and added a price target of $105.00. UBS Group initiated a rating of Buy on 2023-10-17 and provided a price target of $84.00. Royal Bank of Canada gave a boost to their price target and moved to $80.00 from $72.00 on 2023-07-27.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Goosehead Insurance

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Goosehead Insurance

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.