Is There A Value in Anthem Inc. (NYSE:ANTM) And Gogo Inc. (NASDAQ:GOGO)

The shares of Anthem Inc. (NYSE:ANTM) has been pegged with a rating of Neutral by Mizuho in its latest research note that was published on October 18, 2019. Mizuho wasn’t the only research firm that published a report of Anthem Inc., with other equities research analysts also giving their opinion on the stock. The stock had earned Buy rating from Citigroup Markets when it published its report on May 10, 2019. That day the Citigroup set price target on the stock to $325. The stock was given Overweight rating by Stephens in its report released on January 31, 2019, the day when the price target on the stock was placed at 350. RBC Capital Mkts was of a view that ANTM is Outperform in its latest report on January 31, 2019. Morgan Stanley thinks that ANTM is worth Overweight rating. This was contained in the firm’s report on January 31, 2019 in which the stock’s price target was also moved to 391.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 19 advised investors to purchase the stock. The consensus currently stands at a Buy while its average price target is $342.23. The price of the stock the last time has raised by 26.51% from its 52-Week high price while it is -30.76% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 42.61.

The shares of the company added by 9.92% during the trading session on Wednesday, reaching a low of $187.04 while ending the day at $216.37. During the trading session, a total of 3.52 million shares were traded which represents a -65.89% decline from the average session volume which is 2.12 million shares. ANTM had ended its last session trading at $196.84. Anthem Inc. currently has a market cap of $56.25 billion, while its P/E ratio stands at 11.73, while its P/E earnings growth sits at 0.72, with a beta of 0.88. ANTM 52-week low price stands at $171.03 while its 52-week high price is $312.48.

The company in its last quarterly report recorded $3.88 earnings per share which is below the predicted by most analysts. The Anthem Inc. generated 4.94 billion in revenue during the last quarter. In the second quarter last year, the firm recorded $4.87 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -55.41%. Anthem Inc. has the potential to record 22.30 EPS for the current fiscal year, according to equities analysts.

Investment analysts at ROTH Capital published a research note on May 13, 2019 where it informed investors and clients that Gogo Inc. (NASDAQ:GOGO) is now rated as Buy. Their price target on the stock stands at $10. Even though the stock has been trading at $3.15/share, analysts expect it to down by -27.30% to reach $5.38/share. It started the day trading at $3.15 and traded between $2.25 and $2.29 throughout the trading session.

A look at its technical shows that GOGO’s 50-day SMA is 4.19 while its 200-day SMA stands at 4.95. The stock has a high of $7.23 for the year while the low is $1.54. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 32.87 M shorted shares, the short percentage went higher by 6.10%, as 34.88M ANTM shares were shorted. At the moment, only 65.89% of Gogo Inc. shares were sold short. The company’s average trading volume currently stands at 2.59M shares, which means that the short-interest ratio is just 12.71 days. Over the past seven days, the company moved, with its shift of 9.57%. Looking further, the stock has dropped -65.04% over the past 90 days while it lost -63.99% over the last six months.

North Peak Capital Management LLC meanwhile bought more GOGO shares in the recently filed quarter, changing its stake to $22,566,522 worth of shares.

Similarly, The Vanguard Group, Inc. increased its Gogo Inc. shares by 10.38% during the recently filed quarter. After buying 5,755,585 shares in the last quarter, the firm now controls 541,129 shares of Gogo Inc. which are valued at $20,777,662. In the same vein, BlackRock Fund Advisors increased its Gogo Inc. shares by during the most recent reported quarter. The firm bought 18,940 shares during the quarter which increased its stakes to 3,706,904 shares and is now valued at $13,381,923. Following these latest developments, around 0.30% of Gogo Inc. stocks are owned by institutional investors and hedge funds.