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Gannett (GCI)
NYSE:GCI
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GCI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.83 - $5.93
Previous Close$5
Volume990.31K
Average Volume (3M)1.61M
Market Cap
$731.16M
Enterprise Value$1.84B
Total Cash (Recent Filing)$101.80M
Total Debt (Recent Filing)$1.21B
Price to Earnings (P/E)―
Beta1.51
Next Earnings
Feb 20, 2025EPS Estimate
$0.03Last Dividend Ex-Date
Oct 31, 2019Dividend YieldN/A
Share Statistics
EPS (TTM)-0.84
Shares Outstanding147,410,604
10 Day Avg. Volume954,783
30 Day Avg. Volume1,613,882
Standard Deviation0.29
R-Squared0.20
Alpha-0.00731
Financial Highlights & Ratios
Price to Book (P/B)3.07
Price to Sales (P/S)0.29
Price to Cash Flow (P/CF)5.40
P/FCF Ratio9.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.72
Enterprise Value/Gross Profit1.89
Enterprise Value/Ebitda16.13
Forecast
1Y Price Target
$6.70Price Target Upside30.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Gannett News
PremiumCompany Announcements
Gannett Co., Inc. Reports Strong Digital Revenue Growth in Q3 2024PremiumPre-Earnings
Is GCI a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Debt ManagementGannett continued to pay down debt while its debt refinancing extended maturities and reduced potential future dilution.
Digital Advertising GrowthEngagement remains strong contributing to accelerating digital advertising revenue growth while digital-only subscribers accelerated and digital ARPU reached a new high.
Legal And Strategic OpportunitiesA favorable outcome in the Google court case could signal potential upside for Gannett's own legal battles, indirectly benefiting the company.
Bears Say
Debt And Interest CostsWith the additional debt and higher interest rates, the firm's interest costs may increase $25 million per annum in the near term and potentially $15 million next year.
Economic RiskAn economic slowdown poses a significant risk, as a recession could lead to a notable decline in Gannett's topline and negatively impact equity value.
Financial PerformanceGannett reported results with revenue coming in 4% below consensus and EBITDA $4.6M below expectations.
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Ownership Overview
4.86% Insiders
12.23% Mutual Funds
34.45% Other Institutional Investors
34.57% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GCI FAQ
What was Gannett’s price range in the past 12 months?
Gannett lowest stock price was $1.83 and its highest was $5.93 in the past 12 months.
What is Gannett’s market cap?
Currently, no data Available
When is Gannett’s upcoming earnings report date?
Gannett’s upcoming earnings report date is Feb 20, 2025 which is in 91 days.
How were Gannett’s earnings last quarter?
Gannett released its earnings results on Oct 31, 2024. The company reported -$0.012 earnings per share for the quarter, beating the consensus estimate of -$0.063 by $0.051.
Is Gannett overvalued?
According to Wall Street analysts Gannett’s price is currently Undervalued.
Does Gannett pay dividends?
Gannett pays a Quarterly dividend of $0.38 which represents an annual dividend yield of N/A. See more information on Gannett dividends here
What is Gannett’s EPS estimate?
Gannett’s EPS estimate is $0.03.
How many shares outstanding does Gannett have?
Gannett has 147,410,600 shares outstanding.
What happened to Gannett’s price movement after its last earnings report?
Gannett reported an EPS of -$0.012 in its last earnings report, beating expectations of -$0.063. Following the earnings report the stock price went down -19.277%.
Which hedge fund is a major shareholder of Gannett?
Among the largest hedge funds holding Gannett’s share is Caxton Associates LP. It holds Gannett’s shares valued at 441K.
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Gannett Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$6.70 (30.10% Upside)
$6.70 (30.10% Upside)
Blogger Sentiment
Bullish
GCI Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 150.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $225.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.0%
Last 30 Days ▼ 6.0%
Last 30 Days ▼ 6.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
160.41%
12-Months-Change
Fundamentals
Return on Equity
-40.06%
Trailing 12-Months
Asset Growth
-8.27%
Trailing 12-Months
Company Description
Gannett
Gannett Co., Inc. owns, operates and invest in a portfolio of local media assets, and on advertising and digital marketing business. It publishes local newspapers and related publications in U.S. The company was founded on June 18, 2013 and is headquartered in New York, NY.
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GCI Company Deck
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GCI Earnings Call
Q3 2024
0:00 / 0:00
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GCI Stock 12 Month Forecast
Average Price Target
$6.70
▲(30.10% Upside)
Technical Analysis
Best Analysts Covering GCI
1 Year
1 Year Success Rate
3/4 ratings generated profit
1 Year Average Return
+77.75%
reiterated a buy rating 16 days ago
Copying Giuliano Bologna's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +77.75% per trade.
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