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

$22.55
-0.23 (-1.01 %)
(As of 06/17/2019 04:00 PM ET)
Today's Range
$22.39
Now: $22.55
$23.57
50-Day Range
$22.53
MA: $28.32
$42.36
52-Week Range
$21.44
Now: $22.55
$51.65
Volume219,925 shs
Average Volume419,663 shs
Market Capitalization$1.26 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.92
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
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone703-442-5500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.49 billion
Cash Flow$2.5056 per share
Book Value$7.58 per share

Profitability

Net Income$-243,400,000.00

Miscellaneous

Employees3,200
Market Cap$1.26 billion
Next Earnings Date8/2/2019 (Estimated)
OptionableOptionable

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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 earnings results on Wednesday, May, 8th. The technology company reported ($0.49) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.29) by $0.20. The technology company earned $450.20 million during the quarter, compared to analyst estimates of $456.93 million. GTT Communications had a negative return on equity of 16.23% and a negative net margin of 14.28%. The company's revenue for the quarter was up 72.7% on a year-over-year basis. During the same quarter last year, the business posted ($0.69) 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 Friday, August 2nd 2019. View Earnings Estimates for GTT Communications.

What price target have analysts set for GTT?

8 Wall Street analysts have issued twelve-month price targets for GTT Communications' stock. Their forecasts range from $5.00 to $54.00. On average, they anticipate GTT Communications' share price to reach $41.00 in the next twelve months. This suggests a possible upside of 81.8% from the stock's current price. View Analyst Price Targets for GTT Communications.

What is the consensus analysts' recommendation for GTT Communications?

8 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for GTT Communications.

Has GTT Communications been receiving favorable news coverage?

Media stories about GTT stock have trended somewhat positive on Monday, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. GTT Communications earned a news impact score of 1.4 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for GTT Communications.

Are investors shorting GTT Communications?

GTT Communications saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 13,015,400 shares, an increase of 5.6% from the April 30th total of 12,327,700 shares. Based on an average trading volume of 391,500 shares, the days-to-cover ratio is presently 33.2 days. Currently, 32.5% of the company's shares 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), Skyworks Solutions (SWKS), Model N (MODN), Cisco Systems (CSCO), Alibaba Group (BABA), Baidu (BIDU), Consolidated Communications (CNSL), Bank of America (BAC), Canopy Growth (CGC) and JPMorgan Chase & Co. (JPM).

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 many different of institutional and retail investors. Top institutional shareholders include Gilder Gagnon Howe & Co. LLC (3.55%), Neuberger Berman Group LLC (2.11%), Williams Jones & Associates LLC (1.17%), Phoenician Capital LLC (1.04%), Cove Street Capital LLC (0.88%) and Bislett Management LLC (0.71%). 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, 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 major investors are selling GTT Communications stock?

GTT stock was sold by a variety of institutional investors in the last quarter, including Cove Street Capital LLC, Rosenblum Silverman Sutton S F Inc. CA, Zweig DiMenna Associates LLC, Gilder Gagnon Howe & Co. LLC, Marshall Wace LLP, California Public Employees Retirement System, Oppenheimer Asset Management Inc. and TD Asset Management Inc.. Company insiders that have sold GTT Communications company stock in the last year include Chris Mckee, Michael Sicoli and Richard Calder. 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 Phoenician Capital LLC, Cheyne Capital Management UK LLP, Boston Financial Mangement LLC, Bislett Management LLC, Williams Jones & Associates LLC, Eos Focused Equity Management L.P., Elk Creek Partners LLC and Raymond James & Associates. 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 $22.55.

How big of a company is GTT Communications?

GTT Communications has a market capitalization of $1.26 billion 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:  2.8 out of 5 (star star)
Outperform Votes:  279 (Vote Outperform)
Underperform Votes:  227 (Vote Underperform)
Total Votes:  506
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 6/17/2019 by MarketBeat.com Staff

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