FY2018 EPS Estimates for Gaia Inc (GAIA) Decreased by Analyst

Gaia Inc (NASDAQ:GAIA) – Analysts at B. Riley decreased their FY2018 EPS estimates for Gaia in a research note issued on Tuesday, November 6th. B. Riley analyst E. Wold now expects that the company will post earnings per share of ($1.81) for the year, down from their prior estimate of ($1.59). B. Riley also issued estimates for Gaia’s Q4 2018 earnings at ($0.48) EPS, Q1 2019 earnings at ($0.55) EPS, Q2 2019 earnings at ($0.20) EPS, Q3 2019 earnings at ($0.30) EPS, Q4 2019 earnings at ($0.31) EPS and FY2019 earnings at ($1.36) EPS.

Gaia (NASDAQ:GAIA) last issued its quarterly earnings results on Monday, November 5th. The company reported ($0.58) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.41) by ($0.17). The firm had revenue of $11.39 million for the quarter, compared to the consensus estimate of $11.27 million. Gaia had a negative net margin of 70.92% and a negative return on equity of 29.70%.

A number of other brokerages have also issued reports on GAIA. BidaskClub raised Gaia from a “hold” rating to a “buy” rating in a research note on Friday, July 20th. Zacks Investment Research raised Gaia from a “hold” rating to a “strong-buy” rating and set a $18.00 price target for the company in a research note on Wednesday, October 10th. Finally, Lake Street Capital increased their price target on Gaia to $28.00 and gave the company a “buy” rating in a research note on Tuesday, August 7th. Two research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $23.80.

Shares of NASDAQ GAIA opened at $12.37 on Thursday. The firm has a market cap of $248.72 million, a price-to-earnings ratio of -7.88 and a beta of 0.68. Gaia has a 1 year low of $11.32 and a 1 year high of $22.75.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royce & Associates LP boosted its stake in shares of Gaia by 32.3% during the 2nd quarter. Royce & Associates LP now owns 388,100 shares of the company’s stock worth $7,859,000 after acquiring an additional 94,700 shares in the last quarter. P.A.W. Capital Corp boosted its stake in shares of Gaia by 10.0% during the 3rd quarter. P.A.W. Capital Corp now owns 220,000 shares of the company’s stock worth $3,388,000 after acquiring an additional 20,000 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Gaia during the 2nd quarter worth $332,000. Unterberg Capital LLC boosted its stake in shares of Gaia by 20.0% during the 3rd quarter. Unterberg Capital LLC now owns 300,000 shares of the company’s stock worth $4,620,000 after acquiring an additional 50,000 shares in the last quarter. Finally, FMR LLC boosted its stake in shares of Gaia by 1.7% during the 2nd quarter. FMR LLC now owns 1,197,253 shares of the company’s stock worth $24,244,000 after acquiring an additional 19,993 shares in the last quarter. 43.22% of the stock is owned by institutional investors and hedge funds.

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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