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
Stock Exchange NYSE
Industry Telephone communication, except radio
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:GTT
CUSIPN/A
Phone703-442-5500
Debt
Debt-to-Equity Ratio6.29
Current Ratio0.69
Quick Ratio0.69
Price-To-Earnings
Trailing P/E Ratio162.29
Forward P/E Ratio-28.85
P/E GrowthN/A
Sales & Book Value
Annual Sales$827.90 million
Price / Sales2.57
Cash Flow$4.0196 per share
Price / Cash9.69
Book Value$5.32 per share
Price / Book7.32
Profitability
EPS (Most Recent Fiscal Year)$0.24
Net Income$-71,500,000.00
Net Margins-21.82%
Return on Equity-45.46%
Return on Assets-5.45%
Miscellaneous
Employees1,257
Outstanding Shares54,630,000
Market Cap$1.79 billion
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 earnings results on Friday, August, 3rd. The technology company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by $0.25. The technology company had revenue of $326.80 million for the quarter, compared to analyst estimates of $297.68 million. GTT Communications had a negative net margin of 21.82% and a negative return on equity of 45.46%. The company's revenue for the quarter was up 71.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.02 earnings per share. View GTT Communications' Earnings History.
When is GTT Communications' next earnings date?
What price target have analysts set for GTT?
9 brokers have issued 1 year target prices for GTT Communications' shares. Their forecasts range from $5.00 to $68.00. On average, they expect GTT Communications' stock price to reach $52.50 in the next twelve months. This suggests a possible upside of 34.8% from the stock's current price. View Analyst Price Targets for GTT Communications.
What is the consensus analysts' recommendation for GTT Communications?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GTT Communications in the last year. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for GTT Communications.
Who are some of GTT Communications' key competitors?
Some companies that are related to GTT Communications include TIM Participacoes (TSU), KT (KT), TELE2 AB/ADR (TLTZY), Telekom Austria (TKAGY), PLDT (PHI), GCI Liberty Inc Class A (GLIBA), Spark New Zealand (SPKKY), PCCW (PCCWY), Turkcell Iletisim Hizmetleri A.S. (TKC), Telecom Argentina (TEO), Telephone & Data Systems (TDS), Vonage (VG), Rostelecom OJSC common stock (ROSYY), DeNA (DNACF) and TalkTalk Telecom Group (TKTCY).
Who are GTT Communications' key executives?
GTT Communications' management team includes the folowing people:
- Mr. H. Brian Thompson, Founder and Exec. Chairman (Age 79)
- Mr. Richard D. Calder Jr., Chief Exec. Officer, Pres and Director (Age 54)
- Mr. Michael T. Sicoli, Chief Financial Officer (Age 47)
- Mr. Christopher T. McKee, Exec. VP of Corp. Devel., Gen. Counsel and Company Sec. (Age 50)
- Mr. Robert Burris, Sr. VP of Global Engineering and Operations
Has GTT Communications been receiving favorable news coverage?
Media headlines about GTT stock have been trending positive this week, according to Accern. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. GTT Communications earned a coverage optimism score of 0.25 on Accern's scale. They also gave media stories about the technology company an impact score of 46.56 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for GTT Communications.
Who are GTT Communications' major shareholders?
GTT Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include SPRUCE HOUSE INVESTMENT MANAGEMENT LLC (14.40%), Crestview Partners III GP L.P. (7.23%), BlackRock Inc. (5.13%), Gilder Gagnon Howe & Co. LLC (4.26%), Dimensional Fund Advisors LP (3.50%) and Fred Alger Management Inc. (1.78%). 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, 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 Castleark Management LLC, Emerald Advisers Inc. PA, Putnam Investments LLC, Emerald Mutual Fund Advisers Trust, Russell Investments Group Ltd., Fred Alger Management Inc., Pembroke Management LTD and Bank of New York Mellon Corp. Company insiders that have sold GTT Communications company stock in the last year include Chris Mckee, Mcmullen Family Trust, 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 Crestview Partners III GP L.P., BlackRock Inc., Bislett Management LLC, Ardsley Advisory Partners, Wells Fargo & Company MN, Bank of America Corp DE, Cheyne Capital Management UK LLP and Fort Washington Investment Advisors Inc. OH. 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 $38.95.
How big of a company is GTT Communications?
GTT Communications has a market capitalization of $1.79 billion and generates $827.90 million in revenue each year. The technology company earns $-71,500,000.00 in net income (profit) each year or $0.24 on an earnings per share basis. GTT Communications employs 1,257 workers across the globe.
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.
