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NYSE:GCI

Gannett (GCI) Stock Price, News & Analysis

$5.64
+0.18 (+3.30%)
(As of 09/27/2024 08:51 PM ET)

About Gannett Stock (NYSE:GCI)

Key Stats

Today's Range
$5.53
$5.68
50-Day Range
$4.04
$5.78
52-Week Range
$1.66
$5.93
Volume
1.15 million shs
Average Volume
1.23 million shs
Market Capitalization
$832.17 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.37
Consensus Rating
Buy

Company Overview

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications. It also provides digital-only subscription, including local media brands, USA TODAY NETWORK community events platform, magazines, sports, and games; and E-newspapers; and digital advertising and marketing services. In addition, the company offers digital news and media brands; daily and weekly newspapers; digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions; commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was incorporated in 2013 and is headquartered in McLean, Virginia.

Gannett Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
47th Percentile Overall Score

GCI MarketRank™: 

Gannett scored higher than 47% of companies evaluated by MarketBeat, and ranked 218th out of 356 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Gannett has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Gannett has only been the subject of 2 research reports in the past 90 days.

  • Read more about Gannett's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Gannett is -6.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Gannett is -6.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Gannett has a P/B Ratio of 2.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Gannett's valuation and earnings.
  • Percentage of Shares Shorted

    11.72% of the float of Gannett has been sold short.
  • Short Interest Ratio / Days to Cover

    Gannett has a short interest ratio ("days to cover") of 8.2.
  • Change versus previous month

    Short interest in Gannett has recently increased by 0.43%, indicating that investor sentiment is decreasing.
  • Percentage of Shares Shorted

    11.72% of the float of Gannett has been sold short.
  • Short Interest Ratio / Days to Cover

    Gannett has a short interest ratio ("days to cover") of 8.2.
  • Change versus previous month

    Short interest in Gannett has recently increased by 0.43%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Gannett has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Gannett this week, compared to 3 articles on an average week.
  • Search Interest

    Only 2 people have searched for GCI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Gannett to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Gannett insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.70% of the stock of Gannett is held by insiders.

  • Percentage Held by Institutions

    76.71% of the stock of Gannett is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Gannett's insider trading history.
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GCI Stock News Headlines

Gannett Commences Exchange Offer and Consent Solicitation
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Gannett (NYSE:GCI) Shares Down 4.3%
Gannett Appoints Caren Bohan As Editor In Chief Of USA Today
Caren Bohan Appointed USA TODAY Editor in Chief
Gannett (NYSE:GCI) Stock Price Up 5.5%
See More Headlines

GCI Stock Analysis - Frequently Asked Questions

Gannett's stock was trading at $2.30 at the start of the year. Since then, GCI stock has increased by 145.2% and is now trading at $5.64.
View the best growth stocks for 2024 here
.

Gannett Co., Inc. (NYSE:GCI) issued its quarterly earnings results on Thursday, August, 1st. The company reported $0.19 earnings per share for the quarter, topping analysts' consensus estimates of ($0.06) by $0.25. The business earned $639.84 million during the quarter. Gannett had a negative net margin of 3.71% and a negative trailing twelve-month return on equity of 17.12%.

Shares of GCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Gannett investors own include Washington Prime Group (WPG), CBL & Associates Properties (CBL), EnLink Midstream (ENLC), Golar LNG Partners (GMLP), Pennsylvania Real Estate Investment Trust (PEI), Matinas BioPharma (MTNB) and

Company Calendar

Last Earnings
8/01/2024
Today
9/29/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Newspapers
Sub-Industry
Printing And Publishing
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.37
High Stock Price Target
$6.00
Low Stock Price Target
$5.00
Potential Upside/Downside
-4.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-27,790,000.00
Pretax Margin
-2.91%

Debt

Sales & Book Value

Annual Sales
$2.60 billion
Cash Flow
$0.86 per share
Book Value
$2.13 per share

Miscellaneous

Free Float
140,613,000
Market Cap
$832.17 million
Optionable
Optionable
Beta
2.48
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This page (NYSE:GCI) was last updated on 9/30/2024 by MarketBeat.com Staff
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