In the latest session, Gannett Co Inc. (NYSE: GCI) closed at $2.32 down -2.52% from its previous closing price of $2.38. On the day, 1173706 shares were traded.
Ratios:
For a deeper understanding of Gannett Co Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 4.07 whereas as Long-Term Debt/Eq ratio is at 3.73.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Compass Point on December 12, 2023, initiated with a Buy rating and assigned the stock a target price of $5.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 16 ’23 when Tarica Laurence bought 200,000 shares for $1.85 per share. The transaction valued at 370,000 led to the insider holds 1,008,799 shares of the business.
Reed Michael bought 60,000 shares of GCI for $120,600 on Nov 06 ’23. The Chief Executive Officer now owns 3,304,323 shares after completing the transaction at $2.01 per share. On Aug 14 ’23, another insider, Reed Michael, who serves as the Chief Executive Officer of the company, bought 80,000 shares for $3.29 each. As a result, the insider paid 263,200 and bolstered with 3,244,323 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 1.09.
Stock Price History:
Over the past 52 weeks, GCI has reached a high of $3.60, while it has fallen to a 52-week low of $1.62.
Shares Statistics:
A total of 148.94M shares are outstanding, with a floating share count of 123.49M. Insiders hold about 17.02% of the company’s shares, while institutions hold 61.34% stake in the company.
Earnings Estimates
There are The Cigna Group different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $32.47, with high estimates of $17.60 and low estimates of $95.65.
Analysts are recommending an EPS of between $Basic Materials and $Real Estate for the fiscal current year, implying an average EPS of $Technology.
