Gaia (NASDAQ:GAIA – Get Free Report) had its target price boosted by analysts at Lake Street Capital from $6.00 to $7.00 in a research report issued on Tuesday, MarketBeat.com reports. The brokerage currently has a “buy” rating on the stock. Lake Street Capital’s price objective would indicate a potential upside of 15.13% from the company’s previous close.
Separately, StockNews.com began coverage on shares of Gaia in a research note on Friday, September 6th. They issued a “hold” rating on the stock.
Read Our Latest Research Report on Gaia
Gaia Stock Up 1.7 %
Gaia (NASDAQ:GAIA – Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. Gaia had a negative return on equity of 7.00% and a negative net margin of 7.23%. The firm had revenue of $22.16 million for the quarter.
Hedge Funds Weigh In On Gaia
An institutional investor recently raised its position in Gaia stock. Dimensional Fund Advisors LP increased its stake in shares of Gaia, Inc. (NASDAQ:GAIA – Free Report) by 4.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 338,638 shares of the company’s stock after purchasing an additional 13,865 shares during the period. Dimensional Fund Advisors LP owned approximately 1.44% of Gaia worth $1,493,000 as of its most recent SEC filing. Institutional investors and hedge funds own 40.53% of the company’s stock.
About Gaia
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.
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