FY2024 Earnings Forecast for Gaia Issued By Roth Capital

Gaia, Inc. (NASDAQ:GAIA) – Equities researchers at Roth Capital issued their FY2024 earnings estimates for Gaia in a note issued to investors on Tuesday, February 11th. Roth Capital analyst G. Kelly anticipates that the company will post earnings of ($0.22) per share for the year. Roth Capital currently has a “Strong-Buy” rating on the stock. The consensus estimate for Gaia’s current full-year earnings is ($0.24) per share. Roth Capital also issued estimates for Gaia’s Q4 2024 earnings at ($0.03) EPS, Q1 2025 earnings at ($0.04) EPS, Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS, FY2025 earnings at ($0.07) EPS and FY2026 earnings at $0.10 EPS.

GAIA has been the subject of several other reports. Roth Mkm started coverage on shares of Gaia in a report on Tuesday. They issued a “buy” rating and a $10.00 price objective for the company. StockNews.com initiated coverage on shares of Gaia in a research report on Saturday, February 8th. They set a “buy” rating on the stock. Finally, Lake Street Capital raised their price target on shares of Gaia from $6.00 to $7.00 and gave the company a “buy” rating in a report on Tuesday, November 5th.

Gaia Price Performance

Shares of Gaia stock opened at $5.02 on Thursday. The company has a fifty day moving average of $5.04 and a 200-day moving average of $5.11. Gaia has a 52-week low of $2.78 and a 52-week high of $6.53. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43. The stock has a market capitalization of $117.82 million, a price-to-earnings ratio of -18.59 and a beta of 0.71.

Institutional Trading of Gaia

A number of institutional investors have recently made changes to their positions in the stock. Peapod Lane Capital LLC bought a new position in shares of Gaia in the 4th quarter worth approximately $2,804,000. Renaissance Technologies LLC raised its position in shares of Gaia by 4.1% during the fourth quarter. Renaissance Technologies LLC now owns 190,500 shares of the company’s stock valued at $855,000 after buying an additional 7,460 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Gaia by 13.9% during the third quarter. Geode Capital Management LLC now owns 179,050 shares of the company’s stock valued at $872,000 after buying an additional 21,870 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Gaia during the third quarter valued at approximately $49,000. Hedge funds and other institutional investors own 40.53% of the company’s stock.

Gaia Company Profile

Gaia, Inc operates a digital video subscription service and online community for underserved member base in the United States, Canada, Australia, and internationally. The company has a digital content library with various titles in Spanish, German, and French languages available to its subscribers on internet connected devices.