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: $1.33 billion
  • Outstanding Shares: 41,378,000
Average Prices:
  • 50 Day Moving Avg: $30.16
  • 200 Day Moving Avg: $29.14
  • 52 Week Range: $20.80 - $34.20
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 63.24
  • P/E Growth: -2.91
Sales & Book Value:
  • Annual Revenue: $636.92 million
  • Price / Sales: 2.10
  • Book Value: $5.37 per share
  • Price / Book: 6.01
Profitability:
  • EBIDTA: $150.79 million
  • Net Margins: -1.88%
  • Return on Equity: 4.17%
  • Return on Assets: 0.61%
Debt:
  • Debt-to-Equity Ratio: 5.01%
  • Current Ratio: 1.69%
  • Quick Ratio: 1.69%
Misc:
  • Average Volume: 265,742 shs.
  • Beta: 1.46
  • Short Ratio: 0.46
 

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 earnings results on Thursday, August, 3rd. The company reported $0.02 EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.05. The business had revenue of $186.20 million for the quarter, compared to the consensus estimate of $186.65 million. GTT Communications had a negative net margin of 1.88% and a positive return on equity of 4.17%. The firm's revenue was up 44.5% 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 equities research analysts have issued twelve-month target prices for GTT Communications' stock. Their forecasts range from $28.00 to $43.00. On average, they anticipate GTT Communications' share price to reach $35.33 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 a variety of of institutional and retail investors. Top institutional shareholders include Gilder Gagnon Howe & Co. LLC (4.64%), Dimensional Fund Advisors LP (3.94%), Bamco Inc. NY (3.26%), Vanguard Group Inc. (2.97%), Emerald Advisers Inc. PA (2.84%) and Pembroke Management LTD (2.41%). 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 Fred Alger Management Inc., Kennedy Capital Management Inc., GAM Holding AG, Osterweis Capital Management Inc., First Trust Advisors LP, Federated Investors Inc. PA, Gotham Asset Management LLC and Nationwide Fund Advisors. 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 acquired by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Russell Investments Group Ltd., Cove Street Capital LLC, Bank of Montreal Can, Emerald Advisers Inc. PA, Castleark Management LLC, Vanguard Group Inc. and First Washington CORP. 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 $32.25.


MarketBeat Community Rating for GTT Communications (NYSE GTT)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  132 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  199
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: $35.33 (9.56% upside)

Analysts' Ratings History for GTT Communications (NYSE:GTT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/4/2017Cowen and CompanySet Price TargetBuy$44.00 -> $43.00N/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 9/19/2015 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
8/3/2017Q2 2017($0.03)$0.02$186.65 million$186.20 millionViewListenView Earnings Details
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: $0.25
2018 EPS Consensus Estimate: ($0.07)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174($0.14)$0.11$0.00
Q2 20175($0.06)$0.15$0.06
Q3 20174($0.05)$0.22$0.07
Q4 20174($0.04)$0.32$0.12
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: 58.94%
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
9/1/2017Chris MckeeGeneral CounselSell7,000$31.35$219,450.00View SEC Filing  
9/1/2017Richard CalderInsiderSell10,000$31.34$313,400.00View SEC Filing  
8/1/2017Chris MckeeGeneral CounselSell7,000$30.37$212,590.00View SEC Filing  
8/1/2017Howard E JanzenDirectorSell6,000$30.32$181,920.00View SEC Filing  
8/1/2017Richard CalderInsiderSell10,000$30.38$303,800.00View SEC Filing  
7/3/2017Chris MckeeGeneral CounselSell7,000$30.97$216,790.00View SEC Filing  
7/3/2017Howard E JanzenDirectorSell6,000$30.97$185,820.00View SEC Filing  
7/3/2017Richard CalderInsiderSell10,000$30.96$309,600.00View SEC Filing  
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
finance.yahoo.com logoGTT Completes Acquisition of Global Capacity
finance.yahoo.com - September 18 at 6:51 PM
americanbankingnews.com logoGTT Communications, Inc. (GTT) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - September 16 at 8:34 AM
finance.yahoo.com logoGTT Communications, Inc. – Value Analysis (NYSE:GTT) : September 12, 2017
finance.yahoo.com - September 12 at 8:14 PM
finance.yahoo.com logoGTT Communications, Inc. breached its 50 day moving average in a Bearish Manner : GTT-US : September 11, 2017
finance.yahoo.com - September 11 at 7:47 PM
americanbankingnews.com logoGTT Communications, Inc. (GTT) Insider Sells $313,400.00 in Stock
www.americanbankingnews.com - September 6 at 7:30 AM
americanbankingnews.com logoGTT Communications, Inc. (GTT) General Counsel Sells $219,450.00 in Stock
www.americanbankingnews.com - September 6 at 7:30 AM
finance.yahoo.com logoGTT to Present at Drexel Hamilton Telecom, Media and Technology Conference
finance.yahoo.com - September 6 at 3:57 AM
americanbankingnews.com logo-$0.01 Earnings Per Share Expected for GTT Communications, Inc. (GTT) This Quarter
www.americanbankingnews.com - September 4 at 12:32 PM
finance.yahoo.com logoGTT Communications, Inc. breached its 50 day moving average in a Bullish Manner : GTT-US : September 1, 2017
finance.yahoo.com - September 1 at 7:40 PM
finance.yahoo.com logoGTT to Present at Capacity North America
finance.yahoo.com - August 31 at 7:10 PM
finance.yahoo.com logoGTT Wins Three Stevie Awards in 2017 International Business Awards
finance.yahoo.com - August 29 at 7:50 PM
americanbankingnews.com logoCritical Survey: Synchronoss Technologies (SNCR) and GTT Communications (GTT)
www.americanbankingnews.com - August 28 at 2:18 AM
reuters.com logoBRIEF-GTT expands ultra low latency services to Brazil
www.reuters.com - August 25 at 6:29 AM
finance.yahoo.com logoGTT Expands Ultra Low Latency Services to Brazil
finance.yahoo.com - August 24 at 7:17 AM
finance.yahoo.com logoETFs with exposure to GTT Communications, Inc. : August 21, 2017
finance.yahoo.com - August 23 at 12:53 AM
americanbankingnews.com logoGTT Communications, Inc. (GTT) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - August 22 at 8:34 AM
americanbankingnews.com logo$197.44 Million in Sales Expected for GTT Communications, Inc. (GTT) This Quarter
www.americanbankingnews.com - August 19 at 11:42 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about GTT Communications Inc.
finance.yahoo.com - August 11 at 7:45 PM
americanbankingnews.com logoGTT Communications Inc (NYSE:GTT) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - August 8 at 10:50 PM
finance.yahoo.com logoGTT Communications, Inc. :GTT-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 8 at 7:00 PM
finance.yahoo.com logoGTT Communications, Inc. breached its 50 day moving average in a Bullish Manner : GTT-US : August 7, 2017
finance.yahoo.com - August 7 at 3:40 PM
americanbankingnews.com logoBrokers Issue Forecasts for GTT Communications, Inc.'s Q3 2017 Earnings (NYSE:GTT)
www.americanbankingnews.com - August 7 at 7:40 AM
americanbankingnews.com logoCowen and Company Analysts Give GTT Communications, Inc. (GTT) a $43.00 Price Target
www.americanbankingnews.com - August 5 at 10:46 PM
americanbankingnews.com logoGTT Communications, Inc. (GTT) Downgraded by BidaskClub to Strong Sell
www.americanbankingnews.com - August 4 at 11:52 PM
seekingalpha.com logoGTT Communications, Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 4 at 5:23 AM
finance.yahoo.com logoEdited Transcript of GTT earnings conference call or presentation 3-Aug-17 2:00pm GMT
finance.yahoo.com - August 4 at 12:22 AM
finance.yahoo.com logoGTT Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 3 at 7:19 PM
finance.yahoo.com logoGTT Communications tops 2Q profit forecasts
finance.yahoo.com - August 3 at 7:19 PM
americanbankingnews.com logoGTT Communications, Inc. (NYSE:GTT) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - August 3 at 4:50 PM
americanbankingnews.com logoIncontact (SAAS) and GTT Communications (GTT) Financial Survey
www.americanbankingnews.com - August 3 at 7:58 AM
americanbankingnews.com logoInsider Selling: GTT Communications, Inc. (NYSE:GTT) Insider Sells 10,000 Shares of Stock
www.americanbankingnews.com - August 2 at 4:28 PM
americanbankingnews.com logoGTT Communications, Inc. (GTT) General Counsel Sells $212,590.00 in Stock
www.americanbankingnews.com - August 2 at 4:28 PM
americanbankingnews.com logoInsider Selling: GTT Communications, Inc. (NYSE:GTT) Director Sells 6,000 Shares of Stock
www.americanbankingnews.com - August 2 at 4:28 PM
finance.yahoo.com logoGTT to Present at August 2017 Investor Conferences
finance.yahoo.com - August 1 at 7:50 PM
finance.yahoo.com logoJisc Selects GTT to Upgrade Internet for UK Research and Education Networks
finance.yahoo.com - July 31 at 6:52 PM
americanbankingnews.com logo-$0.03 EPS Expected for GTT Communications, Inc. (NYSE:GTT) This Quarter
www.americanbankingnews.com - July 29 at 8:28 PM
americanbankingnews.com logoGTT Communications, Inc. (NYSE:GTT) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 28 at 8:29 AM
americanbankingnews.com logoEquities Analysts Issue Forecasts for GTT Communications, Inc.'s Q2 2017 Earnings (GTT)
www.americanbankingnews.com - July 21 at 8:28 AM
americanbankingnews.com logoGTT Communications, Inc. (GTT) Downgraded by Zacks Investment Research
www.americanbankingnews.com - July 20 at 12:26 AM
finance.yahoo.com logoGTT Announces Earnings Call for Second Quarter 2017
finance.yahoo.com - July 18 at 9:09 PM
americanbankingnews.com logoGTT Communications, Inc. (NYSE:GTT) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - July 17 at 11:08 PM
finance.yahoo.com logoGTT Communications, Inc. – Value Analysis (NYSE:GTT) : July 10, 2017
finance.yahoo.com - July 10 at 7:14 PM
finance.yahoo.com logoGTT Communications, Inc. breached its 50 day moving average in a Bearish Manner : GTT-US : July 7, 2017
finance.yahoo.com - July 8 at 11:14 AM
americanbankingnews.com logo$185.75 Million in Sales Expected for GTT Communications, Inc. (GTT) This Quarter
www.americanbankingnews.com - July 7 at 12:46 PM
americanbankingnews.com logoGTT Communications, Inc. (NYSE:GTT) Director Sells $185,820.00 in Stock
www.americanbankingnews.com - July 6 at 4:33 PM
americanbankingnews.com logoInsider Selling: GTT Communications, Inc. (NYSE:GTT) General Counsel Sells 7,000 Shares of Stock
www.americanbankingnews.com - July 6 at 4:33 PM
americanbankingnews.com logoGTT Communications, Inc. (NYSE:GTT) Insider Richard Calder Sells 10,000 Shares
www.americanbankingnews.com - July 6 at 4:32 PM
americanbankingnews.com logoZacks: Brokerages Anticipate GTT Communications, Inc. (GTT) Will Announce Earnings of -$0.03 Per Share
www.americanbankingnews.com - July 5 at 4:24 PM
americanbankingnews.com logoGTT Communications, Inc. (GTT) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - July 3 at 9:18 AM
reuters.com logoBRIEF-GTT to acquire Global Capacity
www.reuters.com - June 28 at 6:53 PM

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GTT Communications (GTT) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff