Wall street estimates Earnings report GTT Communications (NYSE:GTT)

Earnings results for GTT Communications (NYSE:GTT)

GTT Communications, Inc. is estimated to report earnings on 06/11/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.37. The reported EPS for the same quarter last year was $-0.79.

Analyst Opinion on GTT Communications (NYSE:GTT)

2 Wall Street analysts have issued ratings and price targets for GTT Communications in the last 12 months. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

Dividend Strength: GTT Communications (NYSE:GTT)

GTT Communications does not currently pay a dividend. GTT Communications does not have a long track record of dividend growth.

Insiders buying/selling: GTT Communications (NYSE:GTT)

In the past three months, GTT Communications insiders have not sold or bought any company stock. 46.36% of the stock of GTT Communications is held by insiders. A high percentage of insider ownership can be a sign of company health. 81.92% of the stock of GTT Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of GTT Communications (NYSE:GTT

The P/E ratio of GTT Communications is -0.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of GTT Communications is -0.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. GTT Communications has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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