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

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

7 equities research analysts have issued 1 year target prices for GTT Communications' stock. Their forecasts range from $9.00 to $49.00. On average, they expect GTT Communications' share price to reach $25.21 in the next year. This suggests a possible upside of 97.6% 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.

News articles about GTT stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media 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 -5 to 5, with scores nearest to five being the most favorable. GTT Communications earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. 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), Cincinnati Bell (CBB), Hong Kong Television Network (HKTVY), LICT (LICT), Consolidated Communications (CNSL), Atento (ATTO) and IDT (IDT).

Based on aggregate information from My MarketBeat watchlists, some companies that other GTT Communications investors own include Marvell Technology Group (MRVL), Cisco Systems (CSCO), AT&T (T), Alibaba Group (BABA), Bristol-Myers Squibb (BMY), Canopy Growth (CGC), L Brands (LB), Exxon Mobil (XOM), Roku (ROKU) and Skyworks Solutions (SWKS).

GTT Communications' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FNY Investment Advisers LLC (0.01%). 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 acquired by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. 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 $12.76.

GTT Communications has a market capitalization of $722.85 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]