Stock analysts at StockNews.com started coverage on shares of Gaia (NASDAQ:GAIA – Get Free Report) in a research note issued on Friday. The brokerage set a “buy” rating on the stock.
Separately, Lake Street Capital raised their price target on shares of Gaia from $6.00 to $7.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th.
Read Our Latest Research Report on Gaia
Gaia Stock Performance
Gaia (NASDAQ:GAIA – Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. The company had revenue of $22.16 million for the quarter. Gaia had a negative return on equity of 6.90% and a negative net margin of 7.23%. On average, equities analysts forecast that Gaia will post -0.24 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Gaia
Several hedge funds have recently bought and sold shares of GAIA. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Gaia in the 3rd quarter valued at $49,000. Dimensional Fund Advisors LP increased its stake in shares of Gaia by 4.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 338,638 shares of the company’s stock valued at $1,493,000 after purchasing an additional 13,865 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Gaia by 13.9% during the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock worth $872,000 after buying an additional 21,870 shares during the period. Finally, Peapod Lane Capital LLC acquired a new position in Gaia during the fourth quarter worth $2,804,000. 40.53% of the stock is currently owned by institutional investors.
Gaia Company Profile
Gaia, Inc operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally. The company has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet connected devices.
See Also
- Five stocks we like better than Gaia
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- How Growth Investors Find High-Growth Stocks and Maximize Returns
- Where to Find Earnings Call Transcripts
- Meta’s AI & Smart Glasses Could Drive 20%+ Upside in 2025
- What is the NASDAQ Stock Exchange?
- NVIDIA’s Slide Continues: Can Retail Investors Stop the Fall?
Receive News & Ratings for Gaia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gaia and related companies with MarketBeat.com's FREE daily email newsletter.