GTT Communications operates as an Internet Protocol based networking company. It offers private, public, and hybrid cloud networking; high bandwidth IP transit for content delivery and hosting applications; on-demand and high-demand network capacity to support varying needs; and network-to-network carrier interconnects. The company was founded in 2005 and is based in McLean, Virginia.
GTT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for GTT Communications Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that GTT Communications Inc ranked in the 57th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 61.33% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of GTT Communications Inc, consider:
The company's debt burden, as measured by earnings divided by interest payments, is 0.17; that's higher than only 16.05% of US stocks in the Communication Services sector that have positive free cash flow.
7% of the company's capital comes from equity, which is greater than just 2.38% of stocks in our cash flow based forecasting set.
GTT Communications Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
BCE, CABO, VZ, CHT, and NUVR can be thought of as valuation peers to GTT, in the sense that they are in the Communication Services sector and have a similar price forecast based on DCF valuation.
BOULDER, Colo.--(BUSINESS WIRE)--Zayo Group Holdings, Inc., the global leader in Communications Infrastructure, today announced the appointment of Jesper Aagaard as Zayo’s Managing Director of Europe. In this role, Aagaard will be instrumental in driving growth in Europe and shaping Zayo’s overall strategy for the region. Mr. Aagaard will report directly to Zayo’s CEO, Dan Caruso. Aagaard joins Zayo from GTT Communications where he served as division president of Europe and drove GTT’s successf
GTT Communications (GTT) has received a notice of noncompliance from the NYSE. The company's been told it's out of compliance with rules due to its failure to timely file its quarterly report on form 10-Q for the June quarter. It will be able to regain compliance with continued listing requirements...
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]