GTT Communications Company Profile (NYSE:GTT)

About GTT Communications (NYSE:GTT)

GTT Communications logoGTT Communications, Inc. provides cloud networking services to a range of clients. The Company offers a portfolio of global communications services, wide area network (WAN) services; Internet services; managed network and security services, and voice and unified communication services. It provides Layer 2 (Ethernet) and Layer 3 (multiprotocol label switching (MPLS)) WAN solutions for multinational clients. It offers customers with high-bandwidth global Internet connectivity and Internet protocol (IP) transit with availability and packet delivery. The Company offers managed network services, including managed equipment, managed security services and managed remote access. Its Session Initiation Protocol (SIP) Trunking service is an enterprise-built unified communications offering that integrates voice, video and chat onto a single IP connection. As of December 31, 2016, it had provided services to multinational enterprises, carriers and government customers in over 100 countries.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Cloud Computing Services
  • Sub-Industry: N/A
  • Symbol: NYSE:GTT
  • CUSIP: N/A
  • Web: www.gtt.net
Capitalization:
  • Market Cap: $1.34309 billion
  • Outstanding Shares: 41,262,000
Average Prices:
  • 50 Day Moving Avg: $30.81
  • 200 Day Moving Avg: $28.02
  • 52 Week Range: $16.40 - $34.20
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 32.60
  • P/E Growth: -8.68
Sales & Book Value:
  • Annual Revenue: $579.62 million
  • Price / Sales: 2.41
  • Book Value: $5.26 per share
  • Price / Book: 6.44
Profitability:
  • EBIDTA: $128.11 million
  • Net Margins: -2.15%
  • Return on Equity: 4.57%
  • Return on Assets: 0.72%
Debt:
  • Debt-to-Equity Ratio: 4.40%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.95%
Misc:
  • Average Volume: 255,591 shs.
  • Beta: 1.41
  • Short Ratio: 8.95
 

Frequently Asked Questions for GTT Communications (NYSE:GTT)

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 results on Thursday, May, 4th. The company reported ($0.42) EPS for the quarter, missing the consensus estimate of ($0.12) by $0.30. The business earned $182.40 million during the quarter, compared to analyst estimates of $179.16 million. GTT Communications had a negative net margin of 2.15% and a positive return on equity of 4.57%. GTT Communications's quarterly revenue was up 46.6% on a year-over-year basis. View GTT Communications' Earnings History.

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

6 brokers have issued 12 month price targets for GTT Communications' shares. Their predictions range from $28.00 to $40.00. On average, they expect GTT Communications' share price to reach $34.83 in the next twelve months. View Analyst Ratings for GTT Communications.

Who are some of GTT Communications' key competitors?

Who are GTT Communications' key executives?

GTT Communications' management team includes the folowing people:

  • H. Brian Thompson, Executive Chairman of the Board
  • Richard D. Calder Jr., Chief Executive Officer, Director
  • Michael T. Sicoli, Chief Financial Officer
  • Christopher T. McKee, Executive Vice President - Corporate Development, General Counsel, Corporate Secretary
  • Layne Levine, chief revenue officer
  • Rhodric C. Hackman, Lead Independent Director
  • Nicola Adamo, Independent Director
  • S. Joseph Bruno, Independent Director
  • Howard E. Janzen, Independent Director
  • Elizabeth Satin, Independent Director

Who owns GTT Communications stock?

GTT Communications' stock is owned by many different of institutional and retail investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (4.70%), Dimensional Fund Advisors LP (3.92%), Vanguard Group Inc. (2.69%), Emerald Advisers Inc. PA (2.38%), Pembroke Management LTD (2.21%) and Emerald Mutual Fund Advisers Trust (2.13%). Company insiders that own GTT Communications stock include Chris Mckee, Elizabeth Satin, Howard E Janzen, Morgan E Obrien, Nicola Adamo, Richard Calder and Theodore B Smith III. View Institutional Ownership Trends for GTT Communications.

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 Kalmar Investments Inc. DE, Lyon Street Capital LLC, Driehaus Capital Management LLC, Granahan Investment Management Inc. MA, Wells Fargo & Company MN, AlphaOne Investment Services LLC, Nationwide Fund Advisors and Pembroke Management LTD. Company insiders that have sold GTT Communications stock in the last year include Chris Mckee, Howard E Janzen and Richard Calder. View Insider Buying and Selling for GTT Communications.

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 Bank of New York Mellon Corp, Kennedy Capital Management Inc., EAM Investors LLC, State of Tennessee Treasury Department, Renaissance Technologies LLC, Vanguard Group Inc., FMR LLC and Formula Growth Ltd.. Company insiders that have bought GTT Communications stock in the last two years include Elizabeth Satin, Nicola Adamo and Theodore B Smith III. View Insider Buying and Selling for GTT Communications.

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.

What is GTT Communications' stock price today?

One share of GTT Communications stock can currently be purchased for approximately $33.90.


MarketBeat Community Rating for GTT Communications (NYSE GTT)
Community Ranking:  3.8 out of 5 (  )
Outperform Votes:  104 (Vote Outperform)
Underperform Votes:  33 (Vote Underperform)
Total Votes:  137
MarketBeat's community ratings are surveys of what our community members think about GTT Communications and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for GTT Communications (NYSE:GTT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $34.83 (2.75% upside)

Analysts' Ratings History for GTT Communications (NYSE:GTT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Cowen and CompanyBoost Price TargetOutperform$36.00 -> $40.00N/AView Rating Details
3/11/2017Jefferies Group LLCReiterated RatingBuy$30.00 -> $36.00N/AView Rating Details
2/9/2017BTIG ResearchInitiated CoverageBuy$36.00N/AView Rating Details
12/12/2016SunTrust Banks, Inc.Initiated CoverageBuy$32.00N/AView Rating Details
9/28/2016Drexel HamiltonSet Price TargetBuy$28.00N/AView Rating Details
9/23/2016Pacific CrestSet Price TargetBuy$37.00N/AView Rating Details
2/8/2016Oppenheimer Holdings, Inc.Reiterated RatingOutperformN/AView Rating Details
1/7/2016StephensInitiated CoverageOverweight$28.00N/AView Rating Details
11/16/2015NatixisLower Price TargetBuy$65.00 -> $56.00N/AView Rating Details
(Data available from 6/27/2015 forward)

Earnings

Earnings History for GTT Communications (NYSE:GTT)
Earnings by Quarter for GTT Communications (NYSE:GTT)
Earnings History by Quarter for GTT Communications (NYSE GTT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017($0.12)($0.42)$179.16 million$182.40 millionViewListenView Earnings Details
3/8/2017Q4 2016$0.11($0.02)$135.24 million$136.50 millionViewListenView Earnings Details
11/9/2016Q316$0.08$0.14$132.86 million$131.85 millionViewListenView Earnings Details
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$0.03$0.05$97.12 million$97.00 millionViewN/AView Earnings Details
8/6/2015Q215($0.06)($0.07)$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($0.15)($0.12)$62.96 million$62.70 millionViewN/AView Earnings Details
11/11/2014Q314$0.02($0.23)$48.69 million$49.16 millionViewN/AView Earnings Details
8/7/2014Q2 2014($0.05)$0.04$47.67 million$48.05 millionViewListenView Earnings Details
5/9/2014Q1 14($0.21)($0.04)$46.07 million$47.47 millionViewListenView 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)
2017 EPS Consensus Estimate: $0.34
2018 EPS Consensus Estimate: ($0.07)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.14)$0.11$0.00
Q2 20174($0.07)$0.15$0.07
Q3 20174($0.05)$0.22$0.11
Q4 20174($0.04)$0.32$0.16
Q1 20181($0.03)($0.03)($0.03)
Q2 20181($0.02)($0.02)($0.02)
Q3 20181($0.01)($0.01)($0.01)
Q4 20181($0.01)($0.01)($0.01)
(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 and Institutional Ownership History for GTT Communications (NYSE:GTT)
Insider Ownership Percentage: 25.70%
Institutional Ownership Percentage: 55.95%
Insider Trades by Quarter for GTT Communications (NYSE:GTT)
Institutional Ownership by Quarter for GTT Communications (NYSE:GTT)
Insider Trades by Quarter for GTT Communications (NYSE:GTT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/1/2017Chris MckeeGeneral CounselSell7,000$32.85$229,950.00View SEC Filing  
6/1/2017Howard E JanzenDirectorSell6,000$32.84$197,040.00View SEC Filing  
6/1/2017Richard CalderInsiderSell10,000$32.86$328,600.00View SEC Filing  
5/10/2017Howard E JanzenDirectorSell12,000$30.00$360,000.00View SEC Filing  
5/1/2017Chris MckeeGeneral CounselSell7,000$27.87$195,090.00View SEC Filing  
5/1/2017Richard CalderInsiderSell10,000$27.87$278,700.00View SEC Filing  
4/3/2017Chris MckeeGeneral CounselSell7,000$23.72$166,040.00View SEC Filing  
4/3/2017Richard CalderInsiderSell10,000$23.73$237,300.00View SEC Filing  
3/13/2017Elizabeth SatinDirectorBuy4,000$24.50$98,000.00View SEC Filing  
3/10/2017Theodore B Smith IIIDirectorBuy7,000$23.87$167,090.00View SEC Filing  
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

Headline Trends for GTT Communications (NYSE:GTT)
Latest Headlines for GTT Communications (NYSE:GTT)
Source:
DateHeadline
americanbankingnews.com logoHead to Head Contrast: Demandware (DWRE) vs. GTT Communications (GTT)
www.americanbankingnews.com - June 27 at 2:39 PM
finance.yahoo.com logoGTT to Acquire Global Capacity
finance.yahoo.com - June 26 at 7:18 PM
americanbankingnews.com logoGTT Communications (GTT) versus Veritone (VERI) Head to Head Comparison
www.americanbankingnews.com - June 25 at 2:14 PM
americanbankingnews.com logoGTT Communications, Inc. (GTT) Upgraded by BidaskClub to "Buy"
www.americanbankingnews.com - June 24 at 6:44 PM
reuters.com logoBRIEF-GTT acquires Perseus
www.reuters.com - June 20 at 6:22 PM
finance.yahoo.com logoGTT Acquires Perseus
finance.yahoo.com - June 20 at 6:22 PM
finance.yahoo.com logoGTT Establishes Three Divisions to Enhance Client Experience and Accelerate Growth
finance.yahoo.com - June 14 at 11:52 AM
americanbankingnews.com logoZacks: Analysts Anticipate GTT Communications Inc (GTT) Will Announce Quarterly Sales of $185.75 Million
www.americanbankingnews.com - June 11 at 8:34 AM
americanbankingnews.com logo$0.04 Earnings Per Share Expected for GTT Communications Inc (GTT) This Quarter
www.americanbankingnews.com - June 9 at 4:26 PM
americanbankingnews.com logoGTT Communications Inc (GTT) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - June 6 at 8:43 AM
americanbankingnews.com logoInsider Selling: GTT Communications Inc (GTT) Insider Sells 10,000 Shares of Stock
www.americanbankingnews.com - June 2 at 8:21 PM
americanbankingnews.com logoInsider Selling: GTT Communications Inc (GTT) General Counsel Sells 7,000 Shares of Stock
www.americanbankingnews.com - June 2 at 8:21 PM
americanbankingnews.com logoInsider Selling: GTT Communications Inc (GTT) Director Sells 6,000 Shares of Stock
www.americanbankingnews.com - June 2 at 8:20 PM
finance.yahoo.com logoGTT Founder H. Brian Thompson Recognized with IEEE CQR 2017 Chairman's Award
finance.yahoo.com - May 31 at 8:53 AM
finance.yahoo.com logoGTT to Present at Spring 2017 Investor Conferences
finance.yahoo.com - May 26 at 6:15 PM
finance.yahoo.com logoGTT Communications, Inc. -- Moody's says GTT's ratings unchanged following new notes offering
finance.yahoo.com - May 24 at 10:25 PM
finance.yahoo.com logoGTT Named Company of the Year in 2017 Leading Lights Awards
finance.yahoo.com - May 18 at 9:45 AM
americanbankingnews.com logo Analysts Anticipate GTT Communications Inc (GTT) Will Post Quarterly Sales of $185.82 Million
www.americanbankingnews.com - May 17 at 12:00 PM
finance.yahoo.com logoGTT Introduces DDoS Mitigation Service
finance.yahoo.com - May 15 at 11:11 AM
americanbankingnews.com logoGTT Communications Inc (GTT) Expected to Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - May 15 at 10:06 AM
finance.yahoo.com logoETFs with exposure to GTT Communications, Inc. : May 12, 2017
finance.yahoo.com - May 12 at 6:15 PM
americanbankingnews.com logoGTT Communications Inc (GTT) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 12 at 8:48 AM
finance.yahoo.com logoGTT Communications, Inc. :GTT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 11, 2017
finance.yahoo.com - May 11 at 6:09 PM
americanbankingnews.com logoGTT Communications Inc (GTT) Director Sells $360,000.00 in Stock
www.americanbankingnews.com - May 11 at 1:16 PM
finance.yahoo.com logoGTT Communications Named Three-Time Gold Stevie® Award Winner in 2017 American Business Awards℠
finance.yahoo.com - May 10 at 12:21 PM
bizjournals.com logoTelecom Managed Services Market USD 22.58 billion by 2021
www.bizjournals.com - May 8 at 5:19 PM
americanbankingnews.com logoResearch Analysts Offer Predictions for GTT Communications Inc's Q2 2017 Earnings (GTT)
www.americanbankingnews.com - May 8 at 8:21 AM
finance.yahoo.com logoGTT to Present at Jefferies 2017 Global Technology Conference
finance.yahoo.com - May 8 at 8:17 AM
americanbankingnews.com logoGTT Communications' (GTT) Outperform Rating Reiterated at Cowen and Company
www.americanbankingnews.com - May 6 at 10:26 AM
americanbankingnews.com logoGTT Communications Inc (GTT) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - May 5 at 11:26 PM
americanbankingnews.com logoGTT Communications Inc (GTT) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 5 at 11:16 PM
seekingalpha.com logoGTT Communications, Inc. (GTT) CEO Rick Calder on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 3:46 AM
finance.yahoo.com logoEdited Transcript of GTT earnings conference call or presentation 4-May-17 2:00pm GMT
finance.yahoo.com - May 4 at 10:45 PM
finance.yahoo.com logoGTT Reports First Quarter 2017 Financial Results
finance.yahoo.com - May 4 at 5:42 PM
americanbankingnews.com logoGTT Communications Inc (GTT) Posts Quarterly Earnings Results, Misses Estimates By $0.30 EPS
www.americanbankingnews.com - May 4 at 5:24 PM
americanbankingnews.com logoGTT Communications (GTT) Earning Somewhat Positive Media Coverage, AlphaOne Reports
www.americanbankingnews.com - May 4 at 5:08 PM
marketbeat.com logoGTT Communications reports 1Q loss
marketbeat.com - May 4 at 8:45 AM
marketwatch.com logoTelecom Managed Services Market Growing at a CAGR of 13.7% During 2017 to 2022 - ReportsnReports
www.marketwatch.com - May 3 at 3:03 PM
americanbankingnews.com logoGTT Communications Inc (GTT) General Counsel Sells $195,090.00 in Stock
www.americanbankingnews.com - May 2 at 3:10 PM
americanbankingnews.com logoGTT Communications (GTT) Earning Somewhat Critical News Coverage, AlphaOne Reports
www.americanbankingnews.com - May 1 at 1:32 PM
americanbankingnews.com logoGTT Communications (GTT) Receives Media Impact Rating of -0.12
www.americanbankingnews.com - April 28 at 12:40 PM
marketwatch.com logoTelecom Managed Services Market Worth 22.58 Billion USD by 2022
www.marketwatch.com - April 27 at 11:13 PM
americanbankingnews.com logo$179.34 Million in Sales Expected for GTT Communications Inc (GTT) This Quarter
www.americanbankingnews.com - April 26 at 12:12 PM
americanbankingnews.com logoZacks: Brokerages Expect GTT Communications Inc (GTT) to Post -$0.17 EPS
www.americanbankingnews.com - April 24 at 4:22 PM
americanbankingnews.com logoSomewhat Negative News Coverage Very Unlikely to Impact GTT Communications (GTT) Share Price
www.americanbankingnews.com - April 21 at 8:51 PM
finance.yahoo.com logoGTT to Speak at UCaaS Capital Conference
finance.yahoo.com - April 20 at 11:55 AM
finance.yahoo.com logoGTT Announces Earnings Call for First Quarter 2017
finance.yahoo.com - April 20 at 11:55 AM
finance.yahoo.com logoGTT Communications, Inc. – Value Analysis (NYSE:GTT) : April 19, 2017
finance.yahoo.com - April 19 at 5:27 PM
finance.yahoo.com logoGTT Launches Managed SD-WAN Service
finance.yahoo.com - April 18 at 11:21 AM
finance.yahoo.com logoGTT Communications, Inc. breached its 50 day moving average in a Bullish Manner : GTT-US : April 18, 2017
finance.yahoo.com - April 18 at 11:21 AM

Social

Chart

GTT Communications (GTT) Chart for Tuesday, June, 27, 2017

This page was last updated on 6/27/2017 by MarketBeat.com Staff