
Goosehead Insurance (GSHD) Stock Forecast & Price Target
Goosehead Insurance (GSHD) Analyst Ratings
Bulls say
Goosehead Insurance Inc has demonstrated strong revenue growth, reporting a 15.9% increase to $90.4 million, which exceeds initial expectations and reflects robust performance compared to the prior year's $78.0 million. Additionally, the forecasted Renewal Commission of $22.4 million indicates an impressive retention rate improvement to 85%, significantly higher than the previous quarter's 74%. The company’s financial model is characterized by highly recurring revenue and substantial growth in royalty income from franchise renewals, which is projected to increase by a factor of nearly 2.5 times.
Bears say
Goosehead Insurance has experienced a 4% decline in its operating franchise count year-over-year, raising concerns about its growth trajectory. Additionally, the company's anticipated EBITDA profitability has decreased to 30.4% for the third quarter, down from 33.5% in the previous year, indicating potential margin compression. Furthermore, with the stock's valuation significantly surpassing industry norms, there is apprehension that decelerating topline growth may fail to meet investor expectations, particularly in a context of weak mortgage activity.
This aggregate rating is based on analysts' research of Goosehead Insurance and is not a guaranteed prediction by Public.com or investment advice.
Goosehead Insurance (GSHD) Analyst Forecast & Price Prediction
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