Lake Street Capital analysts recently upgraded Gaia Inc.’s target price from an earlier $18.00 to a revised $20.00, as per their report on the company issued this Tuesday, March 2.
The media and video streaming company was also marked with a revised “Buy” rating by the brokerage. The new PT (price target) issued by Lake Street Capital suggests an 87.97% upside since the company’s previous close.
GAIA stocks traded at $10.64 this Tuesday. The company’s current market capitalization stands at $204.11 million. It has a negative PE ratio of 70.93 along with a beta of 0.76 at the moment. The price-to-earnings-growth ratio (PEG) stands at 13.28. The current ratio is 0.63, the quick ratio at 0.63 and the debt-to-equity ratio at 0.17. The 12-monthly high to low ranges from $12.79 to $4.70. The 50SMA (Simple Moving Average) stands at $9.81 and its 200SMA stands at $10.39.
Gaia (NASDAQ) Technical Stock Analysis
The quarterly earnings report for the previous fiscal quarter was released by the company on the 1st of March. The earnings stood at $0.02 EPS for that quarter that matched the general consensus on the estimated earnings of $0.02. The company’s return on equity currently stands at -3.79% along with a net margin of -4.14%. GAIA stocks had an annual income of $54 million. This is up from the $18.2 million annual income the year before that. Reports suggest that their net profit margin dwells in the negative (-33.15%).
NASDAQ: GAIA has recently been the subject of a lot of reports by equities analysts. Some such as Zacks Investment Research, B. Riley, Roth Capital, TheStreet, and so on have posted reports on this firm over the last few months.
The recent consensus rating of Gaia Inc. stands at “Buy” and the consensus on the target price is $15.63. Several hedge funds have also altered their shareholdings in the company recently.
