In a report released today, Eric Wold from B.Riley FBR reiterated a Buy rating on Gaia (GAIA), with a price target of $20.00. The company’s shares closed last Monday at $9.29.
According to TipRanks.com, Wold has currently no stars on a ranking scale of 0-5 stars, with an average return of -6.0% and a 37.3% success rate. Wold covers the Services sector, focusing on stocks such as National Cinemedia, Cinemark Holdings, and AMC Entertainment.
Currently, the analyst consensus on Gaia is a Moderate Buy with an average price target of $15.63, which is a 68.1% upside from current levels. In a report issued on February 14, Roth Capital also maintained a Buy rating on the stock with a $11.25 price target.
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Based on Gaia’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of $4.14 million. In comparison, last year the company had a GAAP net loss of $11.08 million.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GAIA in relation to earlier this year.
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Gaia, Inc. operates a global digital video streaming subscription service and online community. It provides its services through the following channels: Seeking Truth, Transformation, and Yoga. The company was founded by Jirka Rysavy on July 7, 1988 and is headquartered in Louisville, CO.
