GoHealth is a holding company. Through its subsidiaries, Co. is a health insurance marketplace and Medicare-focused digital health company. Co. operates its business in four segments: Medicare-Internal; Medicare-External; Individual and Family Plans (IFP) and Other-Internal; and IFP and Other-External. The Medicare segments focus on sales of Medicare Advantage, Medicare Supplement, Medicare prescription drug plans, and Medicare Special Needs Plans for multiple health plan partners. The IFP and Other Segments focus on sales of individual and family plans, dental plans, vision plans and other ancillary plans to individuals who are not Medicare-eligible. We show 13 historical shares outstanding datapoints in our GOCO shares outstanding history coverage, used to compute GOCO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GOCO market cap history over the course of time is important for investors
interested in comparing GOCO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of GOCO versus a peer is one thing; comparing
GOCO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like GOCO can fluctuate over the course of history.
With this page we aim to empower investors researching GOCO by allowing them to research the GOCO market cap history. |
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Video: The Importance of Market Cap
