-$0.27 EPS Expected for Gaia Inc (NASDAQ:GAIA) This Quarter
Analysts expect Gaia Inc (NASDAQ:GAIA) to report ($0.27) earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have issued estimates for Gaia’s earnings, with the highest EPS estimate coming in at ($0.24) and the lowest estimate coming in at ($0.31). Gaia reported earnings per share of ($0.58) in the same quarter last year, which indicates a positive year over year growth rate of 53.4%. The company is scheduled to announce its next quarterly earnings results on Monday, November 4th.
On average, analysts expect that Gaia will report full-year earnings of ($1.10) per share for the current fiscal year, with EPS estimates ranging from ($1.19) to ($1.02). For the next fiscal year, analysts expect that the business will report earnings of ($0.50) per share, with EPS estimates ranging from ($0.63) to ($0.41). Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that follow Gaia.
Gaia (NASDAQ:GAIA) last issued its quarterly earnings results on Monday, August 5th. The company reported ($0.25) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.31) by $0.06. Gaia had a negative net margin of 66.00% and a negative return on equity of 39.97%. The company had revenue of $13.16 million for the quarter, compared to the consensus estimate of $13.09 million.
In other Gaia news, Director Paul Howard Sutherland bought 15,000 shares of the firm’s stock in a transaction dated Wednesday, August 7th. The shares were purchased at an average price of $6.28 per share, for a total transaction of $94,200.00. Following the transaction, the director now directly owns 89,057 shares of the company’s stock, valued at approximately $559,277.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Jirka Rysavy bought 105,879 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were acquired at an average price of $7.14 per share, for a total transaction of $755,976.06. The disclosure for this purchase can be found here. 34.83% of the stock is owned by company insiders.
Several large investors have recently made changes to their positions in the company. FNY Investment Advisers LLC lifted its position in shares of Gaia by 46.3% during the 1st quarter. FNY Investment Advisers LLC now owns 4,781 shares of the company’s stock valued at $43,000 after buying an additional 1,514 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in shares of Gaia by 24.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 14,812 shares of the company’s stock valued at $112,000 after buying an additional 2,901 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Gaia by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 297,525 shares of the company’s stock valued at $3,082,000 after buying an additional 3,093 shares in the last quarter. Marshall Wace North America L.P. lifted its position in shares of Gaia by 76.1% during the 1st quarter. Marshall Wace North America L.P. now owns 7,498 shares of the company’s stock valued at $69,000 after buying an additional 3,240 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of Gaia by 2.7% during the 2nd quarter. Northern Trust Corp now owns 128,042 shares of the company’s stock valued at $971,000 after buying an additional 3,335 shares in the last quarter. Hedge funds and other institutional investors own 43.29% of the company’s stock.
NASDAQ:GAIA traded down $0.35 during midday trading on Wednesday, hitting $7.40. The company’s stock had a trading volume of 12,495 shares, compared to its average volume of 106,265. Gaia has a fifty-two week low of $5.68 and a fifty-two week high of $17.80. The company’s 50 day simple moving average is $6.88. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.43. The company has a market capitalization of $133.89 million, a price-to-earnings ratio of -3.81 and a beta of 1.20.
Gaia, Inc operates a digital video subscription service and online community that caters underserved subscriber base 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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