Equities research analysts forecast that Gaia Inc (NASDAQ:GAIA) will report sales of $13.09 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Gaia’s earnings, with estimates ranging from $13.08 million to $13.09 million. Gaia posted sales of $10.46 million during the same quarter last year, which suggests a positive year over year growth rate of 25.1%. The company is scheduled to report its next quarterly earnings report after the market closes on Monday, August 5th.

On average, analysts expect that Gaia will report full-year sales of $55.46 million for the current year, with estimates ranging from $55.03 million to $55.89 million. For the next fiscal year, analysts anticipate that the company will post sales of $73.21 million, with estimates ranging from $67.90 million to $78.52 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Gaia.

Gaia (NASDAQ:GAIA) last posted its quarterly earnings data on Monday, April 29th. The company reported ($0.36) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.48) by $0.12. Gaia had a negative return on equity of 38.97% and a negative net margin of 73.85%. The firm had revenue of $12.47 million during the quarter, compared to analysts’ expectations of $12.76 million.

A number of research firms have recently issued reports on GAIA. Zacks Investment Research cut Eisai from a “strong-buy” rating to a “hold” rating in a report on Wednesday. ValuEngine cut Yext from a “strong-buy” rating to a “buy” rating in a report on Friday, May 10th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Gaia presently has a consensus rating of “Hold” and a consensus price target of $17.33.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Rhumbline Advisers boosted its stake in Gaia by 41.2% during the fourth quarter. Rhumbline Advisers now owns 16,994 shares of the company’s stock worth $176,000 after buying an additional 4,958 shares in the last quarter. California Public Employees Retirement System boosted its stake in Gaia by 4.2% during the fourth quarter. California Public Employees Retirement System now owns 52,405 shares of the company’s stock worth $543,000 after buying an additional 2,100 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Gaia by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 297,525 shares of the company’s stock worth $3,082,000 after buying an additional 3,093 shares in the last quarter. Geode Capital Management LLC boosted its stake in Gaia by 7.6% during the fourth quarter. Geode Capital Management LLC now owns 153,122 shares of the company’s stock worth $1,586,000 after buying an additional 10,842 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Gaia by 146.0% during the fourth quarter. Bank of America Corp DE now owns 9,896 shares of the company’s stock worth $102,000 after buying an additional 5,873 shares in the last quarter. Hedge funds and other institutional investors own 42.83% of the company’s stock.

Shares of GAIA traded up $0.29 during midday trading on Wednesday, reaching $6.06. The stock had a trading volume of 89,487 shares, compared to its average volume of 122,404. The business has a 50-day moving average price of $7.18. Gaia has a 12-month low of $5.70 and a 12-month high of $21.65. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $108.47 million, a P/E ratio of -3.09 and a beta of 1.26.

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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