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: Diversified Communication Services
  • Sub-Industry: N/A
  • Symbol: NYSE:GTT
  • CUSIP: N/A
  • Web: www.gtt.net
Capitalization:
  • Market Cap: $1.19 billion
  • Outstanding Shares: 41,262,000
Average Prices:
  • 50 Day Moving Avg: $27.41
  • 200 Day Moving Avg: $26.68
  • 52 Week Range: $16.40 - $30.50
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 31.81
  • P/E Growth: -8.51
Sales & Book Value:
  • Annual Revenue: $579.62 million
  • Price / Sales: 2.06
  • Book Value: $5.26 per share
  • Price / Book: 5.50
Profitability:
  • EBIDTA: $128.11 million
  • 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%
Misc:
  • Average Volume: 260,540 shs.
  • Beta: 1.7
  • Short Ratio: 7.4
 

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) released its quarterly earnings results on Thursday, May, 4th. The company reported ($0.42) EPS for the quarter, missing analysts' consensus estimates of ($0.12) by $0.30. The firm had revenue of $182.40 million for the quarter, compared to analyst estimates of $179.16 million. GTT Communications had a return on equity of 1.77% and a net margin of 6.74%. The business's revenue for the quarter was up 46.6% compared to the same quarter last year. View GTT Communications' Earnings History.

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

6 brokerages have issued 12-month price targets for GTT Communications' stock. Their predictions range from $28.00 to $40.00. On average, they anticipate GTT Communications' stock price to reach $34.83 in the next year. View Analyst Ratings for GTT Communications.

Who are some of GTT Communications' key competitors?

Who owns GTT Communications stock?

GTT Communications' stock is owned by a number of 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 purchased 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.

How much does a share of GTT Communications stock cost?

One share of GTT Communications stock can currently be purchased for approximately $28.95.

Analyst Ratings

Consensus Ratings for GTT Communications (NYSE:GTT) (?)
Ratings Breakdown: 6 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $34.83 (20.32% 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
6/22/2015Craig HallumReiterated RatingBuy$26.00N/AView Rating Details
(Data available from 5/22/2015 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: 29.86%
Institutional Ownership Percentage: 56.98%
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
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
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 logoInsider Selling: GTT Communications Inc (GTT) Insider Sells 10,000 Shares of Stock
www.americanbankingnews.com - May 2 at 12:14 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
seekingalpha.com logoGTT Communications (GTT) Presents At William Blair Technology Conference - Slideshow
seekingalpha.com - April 17 at 5:02 PM
americanbankingnews.com logoGTT Communications Inc (GTT) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 17 at 9:56 AM
americanbankingnews.com logoGTT Communications (GTT) Receives Daily Media Sentiment Rating of 0.05
www.americanbankingnews.com - April 16 at 1:25 PM
seekingalpha.com logoGTT Communications (GTT) Presents At Bank of America Merril Lynch Auto Summit - Slideshow
seekingalpha.com - April 13 at 10:25 PM
americanbankingnews.com logoGTT Communications (GTT) Receives Media Impact Score of 0.31
www.americanbankingnews.com - April 13 at 11:42 AM
finance.yahoo.com logoGTT to Present at William Blair Technology Conference
finance.yahoo.com - April 10 at 11:17 AM
finance.yahoo.com logoETFs with exposure to GTT Communications, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 5:30 PM
finance.yahoo.com logoETFs with exposure to GTT Communications, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 5:30 PM
finance.yahoo.com logoWeakness Seen in GTT Communications (GTT) Estimates: Should You Stay Away?
finance.yahoo.com - April 7 at 10:10 AM
americanbankingnews.com logoGTT Communications Inc (GTT) General Counsel Chris Mckee Sells 7,000 Shares
www.americanbankingnews.com - April 5 at 5:01 PM
americanbankingnews.com logoRichard Calder Sells 10,000 Shares of GTT Communications Inc (GTT) Stock
www.americanbankingnews.com - April 5 at 5:00 PM
finance.yahoo.com logoGTT President and CEO Rick Calder to Speak at INCOMPAS
finance.yahoo.com - March 30 at 5:58 PM
americanbankingnews.com logoGTT Communications Inc (GTT) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - March 21 at 12:01 PM
finance.yahoo.com logoGTT Expands Product Portfolio with Optical Transport Services
finance.yahoo.com - March 16 at 6:48 PM
americanbankingnews.com logoCraig Hallum Weighs in on GTT Communications Inc’s Q2 2017 Earnings (GTT)
www.americanbankingnews.com - March 13 at 11:38 AM

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GTT Communications (GTT) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff