The price of Gannett Co Inc. (NYSE: GCI) closed at $1.88 in the last session, up 1.62% from day before closing price of $1.85. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 1093456 shares were traded. GCI stock price reached its highest trading level at $1.9000 during the session, while it also had its lowest trading level at $1.8600.
We take a closer look at GCI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.65. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 0.83. In the meantime, Its Debt-to-Equity ratio is 4.05 whereas as Long-Term Debt/Eq ratio is at 3.69.
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 06 when Reed Michael bought 60,000 shares for $2.01 per share. The transaction valued at 120,600 led to the insider holds 3,304,323 shares of the business.
Reed Michael bought 80,000 shares of GCI for $263,200 on Aug 14. The Chief Executive Officer now owns 3,244,323 shares after completing the transaction at $3.29 per share. On Dec 14, another insider, Tarica Laurence, who serves as the Director of the company, bought 100,000 shares for $2.25 each. As a result, the insider paid 225,000 and bolstered with 753,244 shares of the company.
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 279.89M and an Enterprise Value of 1.49B. As of this moment, Gannett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.55 whereas that against EBITDA is 5.45.
Stock Price History:
The Beta on a monthly basis for GCI is 2.33, which has changed by -10.05% over the last 52 weeks, in comparison to a change of 14.28% over the same period for the S&P500. 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. The 50-Day Moving Average of the stock is 2.3640, while the 200-Day Moving Average is calculated to be 2.3658.
According to the various share statistics, GCI traded on average about 846.80K shares per day over the past 3-months and 1.17M shares per day over the past 10 days. A total of 146.22M shares are outstanding, with a floating share count of 126.61M. Insiders hold about 14.95% of the company’s shares, while institutions hold 64.05% stake in the company. Shares short for GCI as of Oct 30, 2023 were 14.63M with a Short Ratio of 14.63M, compared to 15.03M on Sep 28, 2023. Therefore, it implies a Short% of Shares Outstanding of 9.83% and a Short% of Float of 12.27%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 18.87.
The company has 2 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.07, while EPS last year was $0.17. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.12.
Analysts are recommending an EPS of between $0.14 and $0.14 for the fiscal current year, implying an average EPS of $0.14. EPS for the following year is $0.06, with 2 analysts recommending between $0.13 and $0.
According to 1 analysts, the current quarter’s revenue is expected to be $679.5M. It ranges from a high estimate of $679.5M to a low estimate of $679.5M. As of the current estimate, Gannett Co Inc.’s year-ago sales were $730.66M, an estimated decrease of -7.00% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for GCI’s current fiscal year. The highest revenue estimate was $2.67B, while the lowest revenue estimate was $2.67B, resulting in an average revenue estimate of $2.67B. In the same quarter a year ago, actual revenue was $2.95B, down -9.30% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $2.59B in the next fiscal year. The high estimate is $2.61B and the low estimate is $2.57B. The average revenue growth estimate for next year is down -2.90% from the average revenue estimate for this year.