Equities research analysts predict that Gaia Inc (NASDAQ:GAIA) will announce sales of $14.68 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Gaia’s earnings. The lowest sales estimate is $14.66 million and the highest is $14.70 million. Gaia reported sales of $12.38 million during the same quarter last year, which indicates a positive year over year growth rate of 18.6%. The business is scheduled to issue its next earnings report on Monday, March 2nd.

According to Zacks, analysts expect that Gaia will report full year sales of $53.97 million for the current financial year, with estimates ranging from $53.96 million to $53.99 million. For the next fiscal year, analysts anticipate that the business will report sales of $69.79 million, with estimates ranging from $69.52 million to $70.05 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Gaia.

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

Several equities analysts have weighed in on the company. Zacks Investment Research cut Gaia from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. ValuEngine raised Gaia from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd.

NASDAQ:GAIA traded up $0.02 during trading hours on Friday, hitting $8.76. 11,915 shares of the company traded hands, compared to its average volume of 108,728. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.26. The firm’s 50-day simple moving average is $8.12 and its 200-day simple moving average is $7.29. Gaia has a one year low of $5.50 and a one year high of $12.17. The company has a market cap of $160.68 million, a PE ratio of -4.47 and a beta of 1.18.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp increased its holdings in Gaia by 4.2% in the 3rd quarter. State Street Corp now owns 186,820 shares of the company’s stock worth $1,221,000 after acquiring an additional 7,558 shares during the last quarter. Tower Research Capital LLC TRC bought a new stake in Gaia in the 3rd quarter worth approximately $28,000. Russell Investments Group Ltd. bought a new stake in Gaia in the 3rd quarter worth approximately $117,000. California Public Employees Retirement System lifted its position in Gaia by 5.8% in the 3rd quarter. California Public Employees Retirement System now owns 134,305 shares of the company’s stock worth $878,000 after buying an additional 7,400 shares during the last quarter. Finally, FNY Investment Advisers LLC lifted its position in Gaia by 69.0% in the 3rd quarter. FNY Investment Advisers LLC now owns 8,081 shares of the company’s stock worth $52,000 after buying an additional 3,300 shares during the last quarter. 45.54% of the stock is owned by institutional investors.

Gaia Company Profile

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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Earnings History and Estimates for Gaia (NASDAQ:GAIA)

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