GTT Communications Company Profile (NYSE:GTT)

About GTT Communications

GTT Communications logoGTT Communications, Inc. is a provider of cloud networking services. The Company offers a portfolio of global communications services, including EtherCloud wide area network services; Internet services; managed network and security services, and voice and unified communication services. The Company provides Layer 2 (Ethernet) and Layer 3 (multiprotocol label switching (MPLS)) solutions to meet the needs of multinational clients. The Company offers customers high-bandwidth global Internet connectivity and IP transit with availability and packet delivery. It offers managed network services, including managed equipment, managed security services and managed secure access. Its Tier 1 Internet protocol (IP) network delivers connectivity for its clients around the world. It provides services to multinational enterprises, carriers and government customers in over 100 countries. The Company's global network assets are deployed in North America, South America, Europe, Asia and Australia.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Communication Services
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: GTT
  • CUSIP:
Key Metrics:
  • Previous Close: $29.00
  • 50 Day Moving Average: $28.37
  • 200 Day Moving Average: $24.32
  • 52-Week Range: $13.22 - $29.75
  • Trailing P/E Ratio: 32.73
  • Foreward P/E Ratio: 116.00
  • P/E Growth: 4.30
  • Market Cap: $1.08B
  • Outstanding Shares: 37,198,000
  • Beta: 1.7
Profitability:
  • Net Margins: 6.74%
  • Return on Equity: 1.77%
  • Return on Assets: 0.34%
Debt:
  • Debt-to-Equity Ratio: 3.29%
  • Current Ratio: 1.42%
  • Quick Ratio: 1.42%
Additional Links:
Companies Related to GTT Communications:

Analyst Ratings

Consensus Ratings for GTT Communications (NYSE:GTT) (?)
Ratings Breakdown: 5 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $32.60 (12.41% upside)

Analysts' Ratings History for GTT Communications (NYSE:GTT)
Show:
DateFirmActionRatingPrice TargetDetails
2/9/2017BTIG ResearchInitiated CoverageBuy$36.00View Rating Details
12/12/2016SunTrust Banks, Inc.Initiated CoverageBuy$32.00View Rating Details
11/11/2016Jefferies Group LLCReiterated RatingBuy$28.00 -> $30.00View Rating Details
9/28/2016Drexel HamiltonSet Price TargetBuy$28.00View Rating Details
9/23/2016Pacific CrestSet Price TargetBuy$37.00View Rating Details
2/8/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperformView Rating Details
1/7/2016StephensInitiated CoverageOverweight$28.00View Rating Details
11/16/2015NatixisLower Price TargetBuy$65.00 -> $56.00View Rating Details
10/12/2015Cowen and CompanyInitiated CoverageOutperform$31.00View Rating Details
6/22/2015Craig HallumReiterated RatingBuy$26.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for GTT Communications (NYSE:GTT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/1/2017        
5/5/2016Q116$0.02$0.02$123.34 million$124.40 millionViewN/AView Earnings Details
3/3/2016Q415($0.07)$0.76$114.35 million$114.80 millionViewN/AView Earnings Details
11/5/2015Q315$0.04$0.05$97.12 million$97.00 millionViewN/AView Earnings Details
8/6/2015Q215($0.06)($0.32)$95.23 million$95.08 millionViewN/AView Earnings Details
5/7/2015Q1$0.03$63.50 million$62.40 millionViewListenView Earnings Details
3/10/2015Q414($0.08)($0.25)$62.96 million$62.70 millionViewN/AView Earnings Details
11/11/2014Q314$0.02($0.23)$49.20 millionViewN/AView Earnings Details
8/7/2014($0.05)$0.04ViewListenView Earnings Details
5/9/2014Q1 14($0.13)($0.41)ViewListenView Earnings Details
3/18/2014Q413($0.09)($0.16)$46.22 million$46.11 millionViewListenView Earnings Details
11/14/2013Q313($0.09)($0.19)$47.00 million$45.10 millionViewListenView Earnings Details
8/14/2013Q2 2013($0.46)$40.10 million$39.73 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for GTT Communications (NYSE:GTT)
Current Year EPS Consensus Estimate: $0.27 EPS
Next Year EPS Consensus Estimate: $0.25 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.00$0.14$0.06
Q2 20165$0.06$0.23$0.11
Q3 20165$0.09$0.28$0.15
Q4 20165$0.10$0.17$0.12
Q1 20172$0.11$0.12$0.12
Q2 20172$0.11$0.11$0.11
Q3 20172$0.13$0.13$0.13
Q4 20172$0.14$0.15$0.15
Q1 20181$0.13$0.13$0.13
Q2 20181$0.14$0.14$0.14
Q3 20181$0.16$0.16$0.16
(Data provided by Zacks Investment Research)

Dividends

Dividend History for GTT Communications (NYSE:GTT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for GTT Communications (NYSE:GTT)
Insider Ownership Percentage: 29.86%
Institutional Ownership Percentage: 56.98%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/1/2017Chris MckeeGeneral CounselSell7,000$27.63$193,410.00View SEC Filing  
2/1/2017Richard CalderInsiderSell10,000$27.62$276,200.00View SEC Filing  
11/1/2016Chris MckeeGeneral CounselSell7,000$21.65$151,550.00View SEC Filing  
11/1/2016Richard CalderInsiderSell10,000$21.65$216,500.00View SEC Filing  
10/3/2016Chris MckeeGeneral CounselSell7,000$23.23$162,610.00View SEC Filing  
10/3/2016Richard CalderInsiderSell10,000$23.24$232,400.00View SEC Filing  
9/1/2016Richard CalderInsiderSell10,000$21.23$212,300.00View SEC Filing  
8/1/2016Chris MckeeGeneral CounselSell7,000$20.19$141,330.00View SEC Filing  
8/1/2016Richard CalderInsiderSell10,000$20.17$201,700.00View SEC Filing  
7/12/2016Chris MckeeEVPSell56,000$20.05$1,122,800.00View SEC Filing  
7/12/2016Richard CalderCEOSell80,000$20.04$1,603,200.00View SEC Filing  
6/1/2016Nicola AdamoDirectorBuy5,000$17.99$89,950.00View SEC Filing  
3/17/2016Morgan E ObrienDirectorSell25,000$15.48$387,000.00View SEC Filing  
12/1/2015Morgan E ObrienDirectorSell30,000$20.90$627,000.00View SEC Filing  
11/12/2015Theodore B Smith IIIDirectorBuy1,001$19.79$19,809.79View SEC Filing  
11/11/2015Theodore B Smith IIIDirectorBuy1,500$19.82$29,730.00View SEC Filing  
11/9/2015Theodore B Smith IIIDirectorBuy3,000$19.56$58,680.00View SEC Filing  
6/9/2015Howard E JanzenDirectorSell34,762$21.62$751,554.44View SEC Filing  
6/4/2015Howard E JanzenDirectorSell15,238$22.07$336,302.66View SEC Filing  
3/30/2015Theodore B Smith IIIDirectorBuy15,000$18.35$275,250.00View SEC Filing  
10/7/2013J Carlo CannellMajor ShareholderSell4,832$5.39$26,044.48View SEC Filing  
10/2/2013J Carlo CannellMajor ShareholderSell18,069$5.41$97,753.29View SEC Filing  
8/1/2013J Carlo CannellMajor ShareholderSell6,485$4.46$28,923.10View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for GTT Communications (NYSE:GTT)
DateHeadline
News IconWatching the Levels for GTT Communications, Inc. (NYSE:GTT) - Midway Monitor (NYSE:GTT)
midwaymonitor.com - February 14 at 11:49 PM
News IconMarket View: Looking at the Technicals for GTT Communications, Inc. (NYSE:GTT) - Searcy News (NYSE:GTT)
searcysentinel.com - February 9 at 11:27 PM
News IconStock Spotlight: Checking on Shares of GTT Communications, Inc. (NYSE:GTT) - Midway Monitor (NYSE:GTT)
midwaymonitor.com - February 9 at 4:18 AM
capitalcube.com logoGTT Communications, Inc. – Value Analysis (NYSE:GTT) : February 6, 2017 (NYSE:GTT)
www.capitalcube.com - February 6 at 5:37 PM
News IconPoor GTT phone, internet service affecting businesses in Essequibo (NYSE:GTT)
www.stabroeknews.com - February 6 at 10:56 AM
News IconDeclaration Networks Group chooses GTT to enhance local broadband networks (NYSE:GTT)
www.financial-news.co.uk - February 3 at 6:06 PM
capitalcube.com logoGTT Communications, Inc. breached its 50 day moving average in a Bearish Manner : GTT-US : February 3, 2017 (NYSE:GTT)
www.capitalcube.com - February 3 at 6:06 PM
businesswire.com logoGTT Receives 2017 INTERNET TELEPHONY Product of the Year Award - Business Wire (press release) (NYSE:GTT)
www.businesswire.com - February 1 at 4:17 AM
News IconEarnings Parade Rolls On, What Are Analysts Saying About GTT Communications, Inc. (NYSE:GTT)? - Wall Street Beacon (NYSE:GTT)
wsbeacon.com - February 1 at 4:17 AM
businesswire.com logoDeclaration Networks Group, Inc. Selects GTT to Enhance Local Broadband Networks with Tier 1 Global IP Services (NYSE:GTT)
www.businesswire.com - January 31 at 6:14 PM
finance.yahoo.com logoGTT Receives 2017 INTERNET TELEPHONY Product of the Year Award (NYSE:GTT)
finance.yahoo.com - January 31 at 6:14 PM
News IconStocks Wilt on Friday But Pull Off Positive Week, How Did This One Fare: GTT Communications, Inc. (NYSE:GTT) - Wall Street Beacon (NYSE:GTT)
wsbeacon.com - January 30 at 11:37 AM
News IconTracking the Numbers for GTT Communications, Inc. (NYSE:GTT) - The Tribune (NYSE:GTT)
lakecitytribune.com - January 30 at 11:37 AM
News IconGoing The Extra Mile: Stock With Track Record & Upside: GTT Communications, Inc. (NYSE:GTT) - Wall Street Beacon (NYSE:GTT)
wsbeacon.com - January 28 at 5:42 PM
News IconAnalyst Consensus Estimates & Projections are in For Shares of GTT Communications, Inc. (NYSE:GTT) - Aiken Advocate (NYSE:GTT)
aikenadvocate.com - January 28 at 5:42 PM
News IconEmerald Mutual Fund Advisers Trust Boosts Position by $25574767 in GTT Communications Inc (GTT) - Highland Mirror (NYSE:GTT)
www.highlandmirror.com - January 28 at 5:42 PM
News IconInvestor Update: Tracking Shares of GTT Communications, Inc. (NYSE:GTT) - The Tribune (NYSE:GTT)
lakecitytribune.com - January 25 at 4:32 AM
News IconPulling Back the Curtain on Analysts Long-Term Stock Predictions For GTT Communications, Inc. (NYSE:GTT) - Aiken Advocate (NYSE:GTT)
aikenadvocate.com - January 25 at 4:32 AM
News IconAs Gtt Communications INC Com (GTT) Shares Rose, Weatherbie Capital LLC Has Upped Its Position - The Randolph Guide (NYSE:GTT)
randolphguide.com - January 25 at 4:32 AM
realistinvestor.com logoGTT Communications, Inc. (NYSE:GTT) Mean Rating At $1 - RealistInvestor.com (NYSE:GTT)
www.realistinvestor.com - January 24 at 4:00 AM
News IconEarnings in Full Force, Analysts Take Aim at GTT Communications, Inc. (NYSE:GTT) - Wall Street Beacon (NYSE:GTT)
wsbeacon.com - January 24 at 4:00 AM
News IconGearing Up For a Bull Run? Analysts Weigh in on GTT Communications, Inc. (NYSE:GTT) - Wall Street Beacon (NYSE:GTT)
wsbeacon.com - January 22 at 3:31 AM
News IconWill The Needle Move For GTT Communications, Inc. (NYSE:GTT) Shares This Earnings Season? - Wall Street Beacon (NYSE:GTT)
wsbeacon.com - January 17 at 3:35 PM
News IconMarkets End Mostly Higher, How Did This Stock Fare: GTT Communications, Inc. (NYSE:GTT) - Wall Street Beacon (NYSE:GTT)
wsbeacon.com - January 14 at 10:38 PM
biz.yahoo.com logoGTT COMMUNICATIONS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material De (NYSE:GTT)
biz.yahoo.com - January 13 at 6:45 PM
News IconGTT acquires Hibernia Networks (NYSE:GTT)
www.financial-news.co.uk - January 11 at 6:08 PM
News IconPolter completes Berlin move (NYSE:GTT)
www.newsoneplace.com - January 10 at 6:31 PM
businesswire.com logoGTT Completes Acquisition of Hibernia Networks | Business Wire - Business Wire (press release) (NYSE:GTT)
www.businesswire.com - January 10 at 2:30 AM
uk.finance.yahoo.com logoGTT Completes Acquisition of Hibernia Networks (NYSE:GTT)
uk.finance.yahoo.com - January 9 at 9:29 PM
realistinvestor.com logoResearch Analysts Set GTT Communications, Inc. (NYSE:GTT) Price Target at $31 - RealistInvestor.com (NYSE:GTT)
www.realistinvestor.com - January 9 at 3:26 AM
streetinsider.com logoForm 4 GTT Communications, Inc. For: Dec 31 Filed by: JANZEN HOWARD E - StreetInsider.com (NYSE:GTT)
www.streetinsider.com - January 6 at 4:37 AM
tmcnet.com logoGTT to Sponsor and Speak at PTC'17 (NYSE:GTT)
www.tmcnet.com - January 5 at 6:33 PM
finance.yahoo.com logoGTT to Sponsor and Speak at PTC’17 (NYSE:GTT)
finance.yahoo.com - January 5 at 6:33 PM
investornewswire.com logoGTT Communications, Inc. (NYSE:GTT) Strong Buy Recommendations At 8 - Investor Newswire (NYSE:GTT)
www.investornewswire.com - December 29 at 10:44 PM
marketexclusive.com logoGTT COMMUNICATIONS,INC. (NYSE:GTT) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive (NYSE:GTT)
marketexclusive.com - December 26 at 10:52 AM
biz.yahoo.com logoGTT COMMUNICATIONS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi (NYSE:GTT)
biz.yahoo.com - December 22 at 5:50 PM
finance.yahoo.com logoGTT Communications (GTT) Catches Eye: Stock Jumps 5.5% (NYSE:GTT)
finance.yahoo.com - December 20 at 10:45 AM
realistinvestor.com logoMean Rating Of GTT Communications, Inc. (NYSE:GTT) At $1 - RealistInvestor.com (NYSE:GTT)
www.realistinvestor.com - December 19 at 11:54 AM
News IconWhat The Charts Are Saying About GTT Communications, Inc. (NYSE:GTT) - The Business Journal (NYSE:GTT)
belmontbusinessjournal.com - December 17 at 5:51 PM
streetinsider.com logoForm 8-K GTT Communications, Inc. For: Dec 16 - StreetInsider.com (NYSE:GTT)
www.streetinsider.com - December 17 at 5:51 PM
reuters.com logoBRIEF-GTT Communications says pricing, lender allocations completed with respect to proposed new credit agreement - SEC filing (NYSE:GTT)
www.reuters.com - December 16 at 11:08 PM
capitalcube.com logoETFs with exposure to GTT Communications, Inc. : December 16, 2016 (NYSE:GTT)
us.rd.yahoo.com - December 16 at 6:06 PM
News IconGTT Expands US Network with 4 new PoPs (NYSE:GTT)
channelvisionmag.com - December 15 at 6:09 PM
4-traders.com logoGTT Communications : Prices USD300 Million in Private Offering of Senior Notes Due 2024 (NYSE:GTT)
www.4-traders.com - December 15 at 6:09 PM
finance.yahoo.com logoGTT Expands Reach in U.S. With New Points of Presence (NYSE:GTT)
finance.yahoo.com - December 15 at 6:09 PM
us.rd.yahoo.com logoCoverage initiated on GTT Communications by SunTrust (NYSE:GTT)
us.rd.yahoo.com - December 13 at 6:03 PM
reuters.com logoBRIEF-Gtt Communications Inc priced private offering of $300 mln aggregate principal amount of senior notes due 2024 (NYSE:GTT)
www.reuters.com - December 8 at 6:13 PM
biz.yahoo.com logoGTT COMMUNICATIONS, INC. Files SEC form 8-K, Other Events (NYSE:GTT)
biz.yahoo.com - December 8 at 6:13 PM
insidermonkey.com logoWhat Smart Money Thinks of GTT Communications Inc (GTT)? (NYSE:GTT)
www.insidermonkey.com - December 8 at 10:53 AM
capitalcube.com logoETFs with exposure to GTT Communications, Inc. : December 2, 2016 (NYSE:GTT)
www.capitalcube.com - December 2 at 5:28 PM

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What is GTT Communications' stock symbol?

GTT Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTT."

Where is GTT Communications' stock going? Where will GTT Communications' stock price be in 2017?

5 analysts have issued 12-month price objectives for GTT Communications' shares. Their forecasts range from $28.00 to $37.00. On average, they expect GTT Communications' share price to reach $32.60 in the next year.

When will GTT Communications announce their earnings?

GTT Communications is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.

Who owns GTT Communications stock?

GTT Communications' stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.27%), Trafelet Brokaw Capital Management L.P. (2.36%), Lyon Street Capital LLC (1.33%), State Street Corp (1.20%), Federated Investors Inc. PA (0.99%) and Castleark Management LLC (0.96%). Company insiders that own GTT Communications stock include Chris Mckee, Howard E Janzen, Morgan E Obrien, Nicola Adamo, Richard Calder and Theodore B Smith III.

Who sold GTT Communications stock? Who is selling GTT Communications stock?

GTT Communications' stock was sold by a variety of institutional investors in the last quarter, including Lyon Street Capital LLC, Wall Street Associates, AlphaOne Investment Services LLC, Nicholas Investment Partners LP, S Squared Technology LLC, Allianz Asset Management AG, Loomis Sayles & Co. L P and Commerzbank Aktiengesellschaft FI. Company insiders that have sold GTT Communications stock in the last year include Chris Mckee, Morgan E Obrien and Richard Calder.

Who bought GTT Communications stock? Who is buying GTT Communications stock?

GTT Communications' stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Osterweis Capital Management Inc., Renaissance Technologies LLC, State Street Corp, Castleark Management LLC, Trafelet Brokaw Capital Management L.P., Dimensional Fund Advisors LP and AQR Capital Management LLC. Company insiders that have bought GTT Communications stock in the last two years include Nicola Adamo and Theodore B Smith III.

How do I buy GTT Communications stock?

Shares of GTT Communications can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of GTT Communications stock cost?

One share of GTT Communications stock can currently be purchased for approximately $29.00.

GTT Communications (NYSE:GTT) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for GTT Communications (NYSE:GTT)

Earnings History Chart

Earnings by Quarter for GTT Communications (NYSE:GTT)

Dividend History Chart

Dividend Payments by Quarter for GTT Communications (NYSE:GTT)

Last Updated on 2/20/2017 by MarketBeat.com Staff