Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $4.59 in the prior trading day, Gannett Co Inc (NYSE: GCI) closed at $4.58, down -0.22%. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 0.91 million shares were traded. GCI stock price reached its highest trading level at $4.665 during the session, while it also had its lowest trading level at $4.525.
Ratios:
Our goal is to gain a better understanding of GCI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 5.03 whereas as Long-Term Debt/Eq ratio is at 4.61.
On July 01, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $6.JMP Securities initiated its Mkt Outperform rating on July 01, 2024, with a $6 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Tarica Laurence bought 50,000 shares for $4.50 per share. The transaction valued at 225,000 led to the insider holds 1,089,663 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GCI now has a Market Capitalization of 675142400 and an Enterprise Value of 1742765056. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 2.81. Its current Enterprise Value per Revenue stands at 0.681 whereas that against EBITDA is 7.096.
Stock Price History:
The Beta on a monthly basis for GCI is 2.52, which has changed by 0.83599997 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, GCI has reached a high of $5.93, while it has fallen to a 52-week low of $1.95. The 50-Day Moving Average of the stock is -10.10%, while the 200-Day Moving Average is calculated to be -1.38%.
Shares Statistics:
The stock has traded on average 1.16M shares per day over the past 3-months and 964210 shares per day over the last 10 days, according to various share statistics. A total of 147.43M shares are outstanding, with a floating share count of 120.34M. Insiders hold about 18.36% of the company’s shares, while institutions hold 70.43% stake in the company. Shares short for GCI as of 1736899200 were 12980893 with a Short Ratio of 11.23, compared to 1734048000 on 12270957. Therefore, it implies a Short% of Shares Outstanding of 12980893 and a Short% of Float of 9.24.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 18.87.
