Zacks: Analysts Expect Gaia Inc (NASDAQ:GAIA) to Post -$0.19 EPS

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Wall Street analysts expect Gaia Inc (NASDAQ:GAIA) to report earnings of ($0.19) per share for the current quarter, Zacks reports. Two analysts have issued estimates for Gaia’s earnings, with the highest EPS estimate coming in at ($0.16) and the lowest estimate coming in at ($0.25). Gaia posted earnings of ($0.62) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 69.4%. The firm is scheduled to report its next quarterly earnings report on Monday, March 2nd.

According to Zacks, analysts expect that Gaia will report full-year earnings of ($1.04) per share for the current fiscal year, with EPS estimates ranging from ($1.09) to ($1.01). For the next fiscal year, analysts anticipate that the business will post earnings of ($0.47) per share, with EPS estimates ranging from ($0.55) to ($0.36). Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow Gaia.

Gaia (NASDAQ:GAIA) last posted its quarterly earnings data on Monday, November 4th. The company reported ($0.23) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.27) by $0.04. The company had revenue of $13.66 million for the quarter, compared to analysts’ expectations of $13.66 million. Gaia had a negative return on equity of 34.55% and a negative net margin of 51.13%.

GAIA has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded Gaia from a “buy” rating to a “hold” rating in a research report on Thursday, November 7th. ValuEngine raised shares of Gaia from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.

Shares of Gaia stock opened at $8.43 on Friday. The stock has a 50 day moving average of $7.94 and a 200 day moving average of $7.29. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market capitalization of $154.98 million, a price-to-earnings ratio of -4.30 and a beta of 1.18. Gaia has a fifty-two week low of $5.50 and a fifty-two week high of $13.14.

Several institutional investors and hedge funds have recently added to or reduced their stakes in GAIA. Marshall Wace North America L.P. grew its stake in shares of Gaia by 76.1% in the first 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. FMR LLC boosted its stake in shares of Gaia by 20.7% in the first quarter. FMR LLC now owns 1,758,793 shares of the company’s stock valued at $16,093,000 after purchasing an additional 302,072 shares during the period. Creative Planning purchased a new position in shares of Gaia in the second quarter valued at approximately $274,000. P.A.W. Capital Corp grew its holdings in shares of Gaia by 20.0% in the second quarter. P.A.W. Capital Corp now owns 300,000 shares of the company’s stock valued at $2,274,000 after purchasing an additional 50,000 shares in the last quarter. Finally, AWM Investment Company Inc. increased its stake in Gaia by 121.7% during the 2nd quarter. AWM Investment Company Inc. now owns 716,180 shares of the company’s stock worth $5,429,000 after buying an additional 393,206 shares during the period. Institutional investors and hedge funds own 45.54% of the company’s stock.

About Gaia

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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