BidaskClub upgraded shares of Gaia (NASDAQ:GAIA) from a buy rating to a strong-buy rating in a research note published on Saturday, March 17th.
A number of other equities analysts have also recently commented on GAIA. TheStreet cut Gaia from a c rating to a d+ rating in a report on Friday, February 2nd. Lake Street Capital reiterated a buy rating and set a $20.00 price target (up previously from $17.00) on shares of Gaia in a report on Tuesday, February 27th. Three equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of $21.67.
Shares of NASDAQ:GAIA traded up $0.05 during midday trading on Friday, hitting $15.65. The company had a trading volume of 91,730 shares, compared to its average volume of 227,824. Gaia has a 12 month low of $10.35 and a 12 month high of $17.70. The firm has a market capitalization of $273.92, a P/E ratio of -9.97 and a beta of 0.73.
Gaia (NASDAQ:GAIA) last announced its quarterly earnings data on Monday, February 26th. The company reported ($0.37) earnings per share for the quarter. The company had revenue of $8.43 million during the quarter. Gaia had a negative net margin of 82.26% and a negative return on equity of 28.29%. sell-side analysts predict that Gaia will post -1.63 earnings per share for the current year.
Several large investors have recently modified their holdings of the company. Millennium Management LLC boosted its holdings in shares of Gaia by 82.8% during the fourth quarter. Millennium Management LLC now owns 55,656 shares of the company’s stock worth $690,000 after acquiring an additional 25,202 shares during the period. Deutsche Bank AG boosted its holdings in shares of Gaia by 14.1% during the fourth quarter. Deutsche Bank AG now owns 91,628 shares of the company’s stock worth $1,134,000 after acquiring an additional 11,343 shares during the period. Geode Capital Management LLC raised its position in shares of Gaia by 35.1% in the fourth quarter. Geode Capital Management LLC now owns 138,771 shares of the company’s stock valued at $1,720,000 after buying an additional 36,047 shares in the last quarter. Suntrust Banks Inc. acquired a new stake in shares of Gaia in the fourth quarter valued at approximately $136,000. Finally, BlackRock Inc. raised its position in shares of Gaia by 0.9% in the fourth quarter. BlackRock Inc. now owns 776,008 shares of the company’s stock valued at $9,623,000 after buying an additional 6,882 shares in the last quarter. Institutional investors own 32.02% of the company’s stock.
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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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