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

GTT Communications trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTT."

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

GTT Communications is scheduled to release their next quarterly earnings announcement on Monday, March 2nd 2020. View Earnings Estimates for GTT Communications.

GTT Communications will be holding an earnings conference call on Monday, March 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

7 analysts have issued 12-month price targets for GTT Communications' stock. Their forecasts range from $9.00 to $49.00. On average, they anticipate GTT Communications' share price to reach $25.21 in the next twelve months. This suggests a possible upside of 98.2% from the stock's current price. View Analyst Price Targets 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.

Press coverage about GTT stock has been trending extremely negative this week, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. GTT Communications earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for GTT Communications.

Some companies that are related to GTT Communications include Telephone & Data Systems (TDS), Shenandoah Telecommunications (SHEN), Vonage (VG), Spirent Communications (SPMYY), CHORUS LTD/S (CHRYY), TALKTALK TELECO/ADR (TKTCY), Liberty Braves Group Series C (BATRK), SMARTONE TELECO/S (STTFY), ATN International (ATNI), Anterix (ATEX), Cincinnati Bell (CBB), Hong Kong Television Network (HKTVY), Consolidated Communications (CNSL), LICT (LICT) and Atento (ATTO).

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), AT&T (T), Bristol-Myers Squibb (BMY), Canopy Growth (CGC), Exxon Mobil (XOM), Roku (ROKU), Skyworks Solutions (SWKS) and Bank of America (BAC).

GTT Communications' stock is owned by many different of institutional and retail investors. Top institutional investors include Spruce House Investment Management LLC (28.02%), Third Point LLC (2.68%), MFN Partners Management LP (2.03%), Athena Capital Advisors LLC (1.53%), State Street Corp (1.53%) and Charles Schwab Investment Management Inc. (0.34%). 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.

GTT stock was sold by a variety of institutional investors in the last quarter, including Third Point LLC, Bislett Management LLC, Barclays PLC, Citigroup Inc., Goldman Sachs Group Inc., Quantbot Technologies LP, Bank of America Corp DE and Bessemer Group Inc.. 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.

GTT stock was purchased by a variety of institutional investors in the last quarter, including Spruce House Investment Management LLC, Athena Capital Advisors LLC, MFN Partners Management LP, State Street Corp, Marshall Wace LLP, Virtu Financial LLC, CSS LLC IL and Principal Financial Group Inc.. 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.

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.

One share of GTT stock can currently be purchased for approximately $12.72.

GTT Communications has a market capitalization of $720.59 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.

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

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]