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NYSE:GTT - GTT Communications Stock Price, Forecast & News

-0.34 (-2.83 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
Now: $11.67
50-Day Range
MA: $8.16
52-Week Range
Now: $11.67
Volume1.70 million shs
Average Volume1.38 million shs
Market Capitalization$661.11 million
P/E RatioN/A
Dividend YieldN/A
GTT Communications, Inc provides cloud networking services to multinational enterprises, carriers, and government customers in the United States, Europe, and internationally. The company offers private, public, and hybrid cloud network solutions; high bandwidth-Internet connectivity and IP transit, as well as broadband and wireless Internet access services; managed equipment, security, and hosting services; and voice services consisting of session initiation protocol trunking and hosted private branch exchange services. Read More…

Industry, Sector and Symbol

Industry Telephone communication, except radio
SectorComputer and Technology



Sales & Book Value

Annual Sales$1.49 billion
Cash Flow$2.39 per share
Book Value$7.58 per share


Net Income$-243,400,000.00


Market Cap$661.11 million
Next Earnings Date2/27/2020 (Estimated)

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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 Tuesday, November, 12th. The technology company reported ($0.46) EPS for the quarter, missing the consensus estimate of ($0.21) by $0.25. The technology company earned $420 million during the quarter, compared to the consensus estimate of $425.70 million. GTT Communications had a negative net margin of 7.95% and a negative return on equity of 13.24%. The company's revenue was down 6.4% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.43) earnings per share. View GTT Communications' Earnings History.

When is GTT Communications' next earnings date?

GTT Communications is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for GTT Communications.

What price target have analysts set for GTT?

7 equities research analysts have issued 1-year price objectives for GTT Communications' stock. Their forecasts range from $9.00 to $49.00. On average, they expect GTT Communications' stock price to reach $25.21 in the next year. This suggests a possible upside of 116.1% 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 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for GTT Communications.

Has GTT Communications been receiving favorable news coverage?

Press coverage about GTT stock has trended positive recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. GTT Communications earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for GTT Communications.

Are investors shorting GTT Communications?

GTT Communications saw a increase in short interest during the month of November. As of November 15th, there was short interest totalling 14,030,000 shares, an increase of 6.9% from the October 31st total of 13,120,000 shares. Based on an average daily trading volume, of 787,000 shares, the short-interest ratio is presently 17.8 days. Approximately 35.9% of the shares of the stock are short sold. View GTT Communications' Current Options Chain.

Who are some of GTT Communications' key competitors?

What other stocks do shareholders of GTT Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GTT Communications investors own include Marvell Technology Group (MRVL), Cisco Systems (CSCO), Alibaba Group (BABA), Canopy Growth (CGC), Bristol-Myers Squibb (BMY), Model N (MODN), Skyworks Solutions (SWKS), Bank of America (BAC), Ford Motor (F) and Macy's (M).

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 Gilder Gagnon Howe & Co. LLC (2.60%), State Street Corp (1.37%), Barclays PLC (0.39%), Granahan Investment Management Inc. MA (0.14%), Millennium Management LLC (0.11%) and California Public Employees Retirement System (0.10%). Company insiders that own GTT Communications stock include Chris Mckee, Conifer Management, LLC, Elizabeth Satin, H Brian Thompson, Howard E Janzen, Julius W Erving II, 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 institutional investors are selling GTT Communications stock?

GTT stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Millennium Management LLC, First Trust Advisors LP, State Street Corp and Voya Investment Management LLC. Company insiders that have sold GTT Communications company stock in the last year include Chris Mckee, Conifer Management, LLC, H Brian Thompson, Michael Sicoli and Richard Calder. View Insider Buying and Selling for GTT Communications.

Which institutional investors are buying GTT Communications stock?

GTT stock was bought by a variety of institutional investors in the last quarter, including J.P. Marvel Investment Advisors LLC, Oppenheimer & Co. Inc., First Allied Advisory Services Inc., Adalta Capital Management LLC, Gilder Gagnon Howe & Co. LLC, California Public Employees Retirement System and Granahan Investment Management Inc. MA. Company insiders that have bought GTT Communications stock in the last two years include Chris Mckee, Conifer Management, LLC, Elizabeth Satin, H Brian Thompson, Howard E Janzen, Julius W Erving II, Michael Sicoli, Nicola Adamo, Richard Calder, 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, Robinhood, Fidelity and Charles Schwab.

What is GTT Communications' stock price today?

One share of GTT stock can currently be purchased for approximately $11.67.

How big of a company is GTT Communications?

GTT Communications has a market capitalization of $661.11 million 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.View Additional Information About GTT Communications.

What is GTT Communications' official website?

The official website for GTT Communications is http://www.gtt.net/.

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  318 (Vote Outperform)
Underperform Votes:  285 (Vote Underperform)
Total Votes:  603
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.
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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