Roth Capital Forecasts Gaia's FY2024 Earnings (NASDAQ:GAIA)

Gaia, Inc. (NASDAQ:GAIA - Free Report) - Stock analysts at Roth Capital issued their FY2024 EPS estimates for shares of Gaia in a report released 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.

Other equities analysts also recently issued research reports about the company. Lake Street Capital raised their target price on Gaia from $6.00 to $7.00 and gave the stock a "buy" rating in a research report on Tuesday, November 5th. StockNews.com initiated coverage on Gaia in a report on Sunday. They set a "buy" rating for the company. Finally, Roth Mkm assumed coverage on shares of Gaia in a report on Tuesday, February 11th. They issued a "buy" rating and a $10.00 target price on the stock.

Gaia Price Performance

NASDAQ GAIA traded up $0.04 during trading on Thursday, reaching $5.06. 43,083 shares of the company traded hands, compared to its average volume of 36,995. Gaia has a 1-year low of $2.78 and a 1-year high of $6.53. The company has a market cap of $118.76 million, a price-to-earnings ratio of -18.74 and a beta of 0.71. The stock's 50 day moving average price is $5.00 and its two-hundred day moving average price is $5.11. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.43.

Institutional Investors Weigh In On Gaia

A number of large investors have recently bought and sold shares of GAIA. Connor Clark & Lunn Investment Management Ltd. bought a new position in Gaia in the 3rd quarter valued at $49,000. Topline Capital Management LLC acquired a new stake in shares of Gaia in the fourth quarter valued at $206,000. Geode Capital Management LLC raised its holdings in shares of Gaia by 13.9% in 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. Renaissance Technologies LLC raised its holdings in shares of Gaia by 4.1% in 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. Finally, Dimensional Fund Advisors LP lifted its position in Gaia by 7.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 406,911 shares of the company's stock worth $1,827,000 after buying an additional 27,289 shares in the last quarter. 40.53% of the stock is currently owned by institutional investors.

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.