Keefe Bruyette Lowers PT on Goosehead Insurance (GSHD), Keeps an Outperform Rating

​Goosehead Insurance, Inc. (NASDAQ:GSHD) is one of the Oversold Financial Stocks to Buy According to Hedge Funds. On October 6, Keefe Bruyette analyst Tommy McJoynt lowered the firm’s price target on Goosehead Insurance, Inc. (NASDAQ:GSHD) from $120 to $102, while keeping an Outperform rating on the stock.

​The company delivered strong results in its fiscal second quarter of 2025. Its revenue of $94.03 million grew 20.41% year-over-year and was ahead of the consensus by $353,580. This was driven by an 18% increase in Total Written Premium, which reached $1.2 billion. However, the EPS of $0.49 fell slightly short of the expectations by $0.01.

​During the earnings call, management highlighted that they are building new go-to-market partnerships and are also engaged in developing new technologies to engage with clients. They expect full-year Total Written Premiums to reach between $4.38 billion and $4.65 billion, representing a growth of 15% to 22% year-over-year. Moreover, the revenue for the year is expected to be between the range of $350 million and $385 million.

​Goosehead Insurance, Inc. (NASDAQ:GSHD) is an independent personal lines insurance company. The company also offers an online Digital Agent as an online quoting platform.

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Disclosure: None. This article is originally published at Insider Monkey.