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:
Below please find a table outlining a discounted cash flow forecast for GTT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that GTT Communications Inc ranked in the 67th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 112.17% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for GTT, they are:
The company's debt burden, as measured by earnings divided by interest payments, is 0.17; that's higher than just 18.43% of US stocks in the Communication Services sector that have positive free cash flow.
5% of the company's capital comes from equity, which is greater than only 1.46% 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 merely 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SHEN, ATUS, BCE, SJR, and CHT 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.
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of GTT Communications, Inc. (NYSE: GTT) between May 5, 2016 and November 9, 2020, inclusive (the "Class Period"), of the important March 15, 2021 deadline in the securities class action first filed by the firm. The lawsuit seeks to recover damages for GTT investors under the federal securities laws.
LOS ANGELES, CA / ACCESSWIRE / January 15, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of GTT Communications, Inc. ("GTT" or "the Company")(NYSE:GTT) for violations of the securities laws.
NEW YORK, NY / ACCESSWIRE / January 15, 2021 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against GTT Communications, Inc. ("GTT" or the "Company") (NYSE:GTT) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired GTT securities between May 5, 2016 and November 9, 2020, inclusive (the "Class Period").
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GTT Communications, Inc. ("GTT" or "the Company") (NYSE: GTT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.