Analysts expect Gaia Inc (NASDAQ:GAIA) to report ($0.41) earnings per share for the current quarter, Zacks reports. Two analysts have provided estimates for Gaia’s earnings, with the highest EPS estimate coming in at ($0.40) and the lowest estimate coming in at ($0.43). Gaia reported earnings per share of ($0.37) in the same quarter last year, which suggests a negative year over year growth rate of 10.8%. The business is scheduled to issue its next quarterly earnings report on Monday, November 5th.

On average, analysts expect that Gaia will report full year earnings of ($1.67) per share for the current financial year, with EPS estimates ranging from ($1.74) to ($1.59). For the next financial year, analysts forecast that the company will report earnings of ($1.26) per share, with EPS estimates ranging from ($1.37) to ($1.16). Zacks’ EPS calculations are an average based on a survey of research firms that follow Gaia.

Gaia (NASDAQ:GAIA) last released its earnings results on Monday, August 6th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.42) by $0.07. Gaia had a negative net margin of 64.31% and a negative return on equity of 25.71%. The company had revenue of $10.46 million during the quarter, compared to the consensus estimate of $10.62 million.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Gaia from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. Roth Capital raised their price target on shares of Gaia from $22.00 to $25.00 and gave the company a “buy” rating in a report on Friday, June 22nd. BidaskClub upgraded shares of Gaia from a “hold” rating to a “buy” rating in a report on Friday, July 20th. Lake Street Capital raised their price target on shares of Gaia to $28.00 and gave the company a “buy” rating in a report on Tuesday, August 7th. Finally, B. Riley raised their price target on shares of Gaia to $26.00 and gave the company a “buy” rating in a report on Thursday, June 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $24.80.

GAIA stock traded down $1.05 during midday trading on Tuesday, reaching $16.45. The company had a trading volume of 149,600 shares, compared to its average volume of 108,210. Gaia has a 1 year low of $10.85 and a 1 year high of $22.75. The company has a market cap of $313.25 million, a price-to-earnings ratio of -11.15 and a beta of 0.77.

Several institutional investors have recently added to or reduced their stakes in GAIA. Deutsche Bank AG raised its holdings in shares of Gaia by 14.1% during the 4th quarter. Deutsche Bank AG now owns 91,628 shares of the company’s stock valued at $1,134,000 after purchasing an additional 11,343 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Gaia by 82.8% during the 4th quarter. Millennium Management LLC now owns 55,656 shares of the company’s stock valued at $690,000 after purchasing an additional 25,202 shares in the last quarter. Unterberg Capital LLC bought a new position in shares of Gaia during the 1st quarter valued at $2,635,000. SG Americas Securities LLC bought a new position in shares of Gaia during the 1st quarter valued at $118,000. Finally, Trexquant Investment LP bought a new position in shares of Gaia during the 1st quarter valued at $349,000. Institutional investors and hedge funds own 42.82% of the company’s stock.

About Gaia

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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