GTT Communications, Inc. provides cloud networking services to multinational enterprises, carriers, and government customers worldwide. The company provides private, public, and hybrid cloud network solutions; high bandwidth-Internet connectivity and IP transit, as well as broadband and wireless access services; managed equipment and security services; and voice and unified communications services consisting of SIP trunking and enterprise PBX services. It also offers video transport services for the transmission of live events, sport, entertainment, and news to broadcasters and cable programming providers; and network access services. The company's IP network consists of approximately 600 points of presence. GTT Communications, Inc. markets its products and services through a network of direct sales force and indirect sales channels. The company was formerly known as Global Telecom & Technology, Inc. and changed its name to GTT Communications, Inc. in January 2014. GTT Communications, Inc. was founded in 2005 and is headquartered in McLean, Virginia.
Industry, Sector and Symbol
Industry Telephone communication, except radio
Sub-IndustryN/A
SectorComputer and Technology
Phone703-442-5500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.49 billion
Profitability
Miscellaneous
Employees3,200
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable
GTT Communications (NYSE:GTT) Frequently Asked Questions
What is GTT Communications' stock symbol?
GTT Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTT."
How were GTT Communications' earnings last quarter?
GTT Communications Inc (NYSE:GTT) posted its quarterly earnings data on Thursday, November, 8th. The technology company reported ($0.43) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.61) by $0.18. The technology company earned $448.60 million during the quarter, compared to the consensus estimate of $456.19 million. GTT Communications had a negative return on equity of 15.23% and a negative net margin of 16.33%. The firm's quarterly revenue was up 121.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.23) earnings per share. View GTT Communications' Earnings History.
When is GTT Communications' next earnings date?
What price target have analysts set for GTT?
7 brokers have issued 1-year target prices for GTT Communications' stock. Their forecasts range from $5.00 to $54.00. On average, they expect GTT Communications' share price to reach $41.00 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Price Targets for GTT Communications.
What is the consensus analysts' recommendation for GTT Communications?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GTT Communications in the last year. There are currently 1 sell rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for GTT Communications.
Has GTT Communications been receiving favorable news coverage?
Headlines about GTT stock have been trending somewhat positive on Tuesday, InfoTrie reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. GTT Communications earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future.
Who are some of GTT Communications' key competitors?
Some companies that are related to GTT Communications include TELE2 AB/ADR (TLTZY), Zayo Group (ZAYO), KT (KT), GCI Liberty (GLIBA), Turkcell Iletisim Hizmetleri A.S. (TKC), Telekom Austria (TKAGY), PLDT (PHI), PCCW (PCCWY), Spark New Zealand (SPKKY), Telephone & Data Systems (TDS), Rostelecom OJSC (ROSYY), Telecom Argentina (TEO), Vonage (VG), DeNA (DNACF) and Shenandoah Telecommunications (SHEN).
What other stocks do shareholders of GTT Communications own?
Who are GTT Communications' key executives?
GTT Communications' management team includes the folowing people:
- Mr. H. Brian Thompson, Founder and Exec. Chairman (Age 80)
- Mr. Richard D. Calder Jr., Chief Exec. Officer, Pres and Director (Age 55)
- Mr. Michael T. Sicoli, Chief Financial Officer (Age 48)
- Mr. Christopher T. McKee, Exec. VP of Corp. Devel., Gen. Counsel & Company Sec. (Age 51)
- Mr. Robert Burris, Sr. VP of Global Engineering & Operations
Who are GTT Communications' major shareholders?
GTT Communications' stock is owned by a number of of retail and institutional investors. Top institutional investors include Spruce House Investment Management LLC (19.93%), BlackRock Inc. (5.04%), Dimensional Fund Advisors LP (2.82%), Dimensional Fund Advisors LP (2.82%), MFN Partners Management LP (1.83%) and Nantahala Capital Management LLC (1.62%). Company insiders that own GTT Communications stock include Charles James Greig, Chris Mckee, Elizabeth Satin, H Brian Thompson, Howard E Janzen, Mark Davis Santarossa, Mcmullen Family Trust, Michael Sicoli, Nicola Adamo, Richard Calder, S Joseph Bruno, Spruce House Partnership Lp and Theodore B Smith III. View Institutional Ownership Trends for GTT Communications.
Which major investors are selling GTT Communications stock?
GTT stock was sold by a variety of institutional investors in the last quarter, including Trafelet Brokaw Capital Management L.P., Spitfire Capital LLC, Boston Financial Mangement LLC, Emerald Mutual Fund Advisers Trust, Bislett Management LLC, Emerald Advisers LLC, First Trust Advisors LP and Pembroke Management LTD. Company insiders that have sold GTT Communications company stock in the last year include Chris Mckee, Michael Sicoli, Richard Calder and S Joseph Bruno. View Insider Buying and Selling for GTT Communications.
Which major investors are buying GTT Communications stock?
GTT stock was bought by a variety of institutional investors in the last quarter, including Spruce House Investment Management LLC, MFN Partners Management LP, Nantahala Capital Management LLC, Phoenician Capital LLC, Zweig DiMenna Associates LLC, Norges Bank, BlackRock Inc. and Millennium Management LLC. Company insiders that have bought GTT Communications stock in the last two years include Charles James Greig, Elizabeth Satin, H Brian Thompson, Mark Davis Santarossa, Mcmullen Family Trust, Nicola Adamo, Spruce House Partnership Lp and Theodore B Smith III. View Insider Buying and Selling for GTT Communications.
How do I buy shares of GTT Communications?
Shares of GTT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is GTT Communications' stock price today?
One share of GTT stock can currently be purchased for approximately $33.36.
How big of a company is GTT Communications?
GTT Communications has a market capitalization of $1.86 billion and generates $1.49 billion in revenue each year. The technology company earns $-243,400,000.00 in net income (profit) each year or ($1.59) on an earnings per share basis. GTT Communications employs 3,200 workers across the globe.
What is GTT Communications' official website?
How can I contact GTT Communications?
GTT Communications' mailing address is 7900 TYSONS ONE PLACE SUITE 1450, MCLEAN VA, 22102. The technology company can be reached via phone at 703-442-5500 or via email at [email protected]
MarketBeat Community Rating for GTT Communications (NYSE GTT)
MarketBeat's community ratings are surveys of what our community members think about GTT Communications and other stocks. Vote "Outperform" if you believe GTT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GTT will underperform the S&P 500 over the long term. You may vote once every thirty days.
