Brokerages forecast that Gaia Inc (NASDAQ:GAIA) will post ($0.48) earnings per share for the current quarter, Zacks reports. Two analysts have issued estimates for Gaia’s earnings. The highest EPS estimate is ($0.42) and the lowest is ($0.56). Gaia posted earnings of ($0.39) per share during the same quarter last year, which indicates a negative year-over-year growth rate of 23.1%. The company is scheduled to issue its next quarterly earnings report on Monday, May 6th.

On average, analysts expect that Gaia will report full-year earnings of ($1.09) per share for the current fiscal year, with EPS estimates ranging from ($1.19) to ($0.95). For the next year, analysts forecast that the company will post earnings of ($0.15) per share, with EPS estimates ranging from ($0.21) to ($0.03). Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Gaia.

Gaia (NASDAQ:GAIA) last posted its quarterly earnings data on Monday, March 4th. The company reported ($0.62) EPS for the quarter, missing the consensus estimate of ($0.58) by ($0.04). The firm had revenue of $12.38 million for the quarter, compared to analysts’ expectations of $13.08 million. Gaia had a negative return on equity of 35.28% and a negative net margin of 77.08%.

Several research analysts have commented on the stock. Lake Street Capital dropped their price objective on shares of Gaia to $20.00 and set a “buy” rating for the company in a research note on Tuesday, March 5th. ValuEngine lowered shares of Gaia from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 4th. B. Riley set a $24.00 price objective on shares of Gaia and gave the stock a “buy” rating in a research note on Tuesday, March 5th. Finally, Zacks Investment Research raised shares of Gaia from a “sell” rating to a “hold” rating in a research note on Friday, January 4th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $21.80.

NASDAQ GAIA traded down $0.14 on Thursday, hitting $9.56. 108,484 shares of the stock were exchanged, compared to its average volume of 109,429. The company has a quick ratio of 2.65, a current ratio of 2.65 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $168.26 million, a price-to-earnings ratio of -4.88 and a beta of 1.04. Gaia has a 52-week low of $8.45 and a 52-week high of $22.75.

Hedge funds and other institutional investors have recently bought and sold shares of the business. FNY Investment Advisers LLC boosted its stake in shares of Gaia by 62.3% during the fourth quarter. FNY Investment Advisers LLC now owns 3,267 shares of the company’s stock valued at $33,000 after purchasing an additional 1,254 shares during the period. Bank of America Corp DE boosted its stake in shares of Gaia by 146.0% during the fourth quarter. Bank of America Corp DE now owns 9,896 shares of the company’s stock valued at $102,000 after purchasing an additional 5,873 shares during the period. Shepherd Kaplan Krochuk LLC purchased a new stake in shares of Gaia during the fourth quarter valued at $155,000. Rhumbline Advisers boosted its stake in shares of Gaia by 41.2% during the fourth quarter. Rhumbline Advisers now owns 16,994 shares of the company’s stock valued at $176,000 after purchasing an additional 4,958 shares during the period. Finally, Bank of Montreal Can boosted its stake in shares of Gaia by 25,564.1% during the fourth quarter. Bank of Montreal Can now owns 20,018 shares of the company’s stock valued at $208,000 after purchasing an additional 19,940 shares during the period. 48.01% of the stock is owned by institutional investors.

Gaia Company Profile

Gaia, Inc operates a digital video subscription service and online community that caters underserved subscribers worldwide. The company has a digital content library of approximately 8,000 titles available to its subscribers on Internet-connected devices. Its subscribers have access to a library of films, documentaries, interviews, yoga classes, transformation related content, and others for digital streaming.

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Earnings History and Estimates for Gaia (NASDAQ:GAIA)

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