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GoHealth Shares Up 10 percent Since Q3 Report


GoHealth Inc. (NASDAQ:GOCO) shares are up more than 10% since the company reported Q3 results on Nov 10, with EPS of ($0.23) coming in better than the Street estimate of ($0.26), while revenue of $133.05 million missed the Street estimate of $137.57 million.
RBC Capital provided their views post results, noting that the company enters AEP (Annual Enrollment period) with a longer-tenured sales force, which has improved close rates and operating efficiency. According to the analysts, Encompass Connect appears to be gaining traction and should result in less revenue volatility and more predictable cash flow. The analysts reiterated their Sector Perform rating and a price target of $1.00.









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