Gaia (NASDAQ:GAIA) Earns Buy Rating from Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Gaia (NASDAQ:GAIA) in a report released on Friday. The firm set a “buy” rating on the stock.

A number of other equities analysts have also recently commented on the company. Roth Mkm restated a “buy” rating and set a $9.00 target price (down from $10.00) on shares of Gaia in a report on Tuesday, March 11th. Roth Capital raised shares of Gaia to a “strong-buy” rating in a research note on Tuesday, February 11th.

Gaia Stock Performance

Shares of GAIA stock opened at $4.00 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. The firm has a market cap of $100.29 million, a P/E ratio of -14.81 and a beta of 0.78. The firm’s 50 day moving average price is $4.79 and its 200-day moving average price is $5.10. Gaia has a one year low of $2.86 and a one year high of $6.53.

Gaia (NASDAQ:GAIA) last released its quarterly earnings results on Monday, March 10th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01. Gaia had a negative return on equity of 6.90% and a negative net margin of 7.23%. The company had revenue of $24.43 million for the quarter, compared to analysts’ expectations of $24.40 million. As a group, equities research analysts predict that Gaia will post -0.23 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of GAIA. Ameriprise Financial Inc. raised its position in Gaia by 0.3% in the 4th quarter. Ameriprise Financial Inc. now owns 1,114,980 shares of the company’s stock valued at $5,006,000 after purchasing an additional 3,124 shares in the last quarter. Peapod Lane Capital LLC purchased a new stake in shares of Gaia during the fourth quarter worth approximately $2,804,000. Dimensional Fund Advisors LP raised its holdings in Gaia by 7.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company’s stock valued at $1,827,000 after acquiring an additional 27,289 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Gaia by 4.1% in the fourth quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock worth $855,000 after acquiring an additional 7,460 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Gaia by 13.9% in the 3rd quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock valued at $872,000 after purchasing an additional 21,870 shares during the last quarter. 40.53% of the stock is owned by institutional investors and hedge funds.

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.