Citizens JMP raised the firm’s price target on Goosehead Insurance (GSHD) to $150 from $125 and keeps an Outperform rating on the shares. Goosehead’s operating EPS handily beat consensus estimates, with the beat driven by better-than-expected contingent commissions for the corporate channel, the analyst tells investors in a research note. The firm believes Goosehead continues to have a very long runway for strong growth at attractive and expanding margins, and finds the risk/reward highly attractive at current levels.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GSHD:
- Goosehead Insurance Reports Strong 2024 Financial Growth
- Goosehead Insurance reports Q4 adjusted EPS 79c, consensus 40c
- Goosehead Insurance sees FY25 revenue $350M-$385M, consensus $374.09M
- GSHD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Goosehead Insurance price target raised to $125 from $115 at JMP Securities
Questions or Comments about the article? Write to editor@tipranks.com