In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
After finishing at $3.09 in the prior trading day, Gannett Co Inc (NYSE: GCI) closed at $3.18, up 2.91%. In other words, the price has increased by $2.91 from its previous closing price. On the day, 1.28 million shares were traded. GCI stock price reached its highest trading level at $3.305 during the session, while it also had its lowest trading level at $3.12.
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 5.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.26. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 8.02 whereas as Long-Term Debt/Eq ratio is at 7.32.
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 465666496 and an Enterprise Value of 1570529664. As of this moment, Gannett’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.43, and their Forward P/E ratio for the next fiscal year is 62.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 3.11. Its current Enterprise Value per Revenue stands at 0.642 whereas that against EBITDA is 6.864.
Stock Price History:
The Beta on a monthly basis for GCI is 2.65, which has changed by 0.0031545162 over the last 52 weeks, in comparison to a change of 0.09765589 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 $2.55. The 50-Day Moving Average of the stock is -2.88%, while the 200-Day Moving Average is calculated to be -30.98%.
Shares Statistics:
The stock has traded on average 1.68M shares per day over the past 3-months and 1879360 shares per day over the last 10 days, according to various share statistics. A total of 146.66M shares are outstanding, with a floating share count of 119.79M. Insiders hold about 18.20% of the company’s shares, while institutions hold 74.53% stake in the company. Shares short for GCI as of 1744675200 were 11827620 with a Short Ratio of 7.06, compared to 1741910400 on 11749777. Therefore, it implies a Short% of Shares Outstanding of 11827620 and a Short% of Float of 8.430000399999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 18.87.
