KORE Group (NYSE:KORE) & Gogo (NASDAQ:GOGO) Head to Head Contrast

KORE Group (NYSE:KORE) and Gogo (NASDAQ:GOGO) are both small-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, earnings, risk, valuation, analyst recommendations and dividends.

Volatility & Risk

KORE Group has a beta of 2.5, meaning that its stock price is 150% more volatile than the S&P 500. Comparatively, Gogo has a beta of 1.13, meaning that its stock price is 13% more volatile than the S&P 500.

Profitability

This table compares KORE Group and Gogo’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
KORE Group	-57.97%	-123.65%	-14.99%
Gogo	38.61%	229.65%	10.80%

Earnings and Valuation

This table compares KORE Group and Gogo’s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
KORE Group	$276.61 million	0.09	-$167.04 million	($9.40)	-0.15
Gogo	$397.58 million	3.03	$145.68 million	$1.17	8.09

Gogo has higher revenue and earnings than KORE Group. KORE Group is trading at a lower price-to-earnings ratio than Gogo, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

57.5% of KORE Group shares are owned by institutional investors. Comparatively, 69.6% of Gogo shares are owned by institutional investors. 30.6% of KORE Group shares are owned by company insiders. Comparatively, 26.0% of Gogo shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and recommmendations for KORE Group and Gogo, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
KORE Group	0	2	3	0	2.60
Gogo	0	2	2	0	2.50

KORE Group presently has a consensus target price of $14.70, suggesting a potential upside of 935.21%. Gogo has a consensus target price of $15.30, suggesting a potential upside of 61.56%. Given KORE Group’s stronger consensus rating and higher probable upside, equities analysts plainly believe KORE Group is more favorable than Gogo.

Summary

Gogo beats KORE Group on 9 of the 14 factors compared between the two stocks.

About KORE Group

KORE Group Holdings, Inc. provides Internet of Things (IoT) services and solutions worldwide. It offers connectivity and location-based services, device solutions, and managed and professional services that are used in the development and support of IoT technology for the business market. The company's products include IoT connectivity-as-a-service; connectivity enablement-as-a-service; device management services; and security location based services. It serves customers in healthcare, fleet and vehicle management, asset management, communication services, and industrial/manufacturing sectors. KORE Group Holdings, Inc. was founded in 2002 and is headquartered in Atlanta, Georgia.

About Gogo

Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. It offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as production operations functions. The company offers voice and data, in-flight entertainment, and other services. In addition, it engages in the development, deployment, and operation of networks, towers, and data center infrastructure to support in-flight connectivity services, as well as in the provision of telecommunications connections to the internet. The company sells its products primarily to aircraft operators and original equipment manufacturers of business aviation aircraft through a distribution network of independent dealers. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado. As of May 2024, Gogo Inc. claims that “Gogo is the only company in North America with a complete, certified airborne 5G network, meaning that all components within the network (including onboard equipment) are 5G native.”