Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Gannett Co Inc (NYSE: GCI) closed at $3.02 down -1.63% from its previous closing price of $3.07. In other words, the price has decreased by -$1.63 from its previous closing price. On the day, 1.52 million shares were traded. GCI stock price reached its highest trading level at $3.05 during the session, while it also had its lowest trading level at $2.91.
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 4.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.76. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 8.41 whereas as Long-Term Debt/Eq ratio is at 7.66.
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:
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 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 445054368 and an Enterprise Value of 1612987392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 2.91. Its current Enterprise Value per Revenue stands at 0.643 whereas that against EBITDA is 6.728.
Stock Price History:
The Beta on a monthly basis for GCI is 2.19, which has changed by 0.38532114 over the last 52 weeks, in comparison to a change of 0.07465422 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 $1.97. The 50-Day Moving Average of the stock is -30.79%, while the 200-Day Moving Average is calculated to be -37.34%.
Shares Statistics:
For the past three months, GCI has traded an average of 1.18M shares per day and 1728600 over the past ten days. A total of 147.39M shares are outstanding, with a floating share count of 120.60M. Insiders hold about 18.16% of the company’s shares, while institutions hold 72.89% stake in the company. Shares short for GCI as of 1740700800 were 12292698 with a Short Ratio of 10.41, compared to 1738281600 on 12603340. Therefore, it implies a Short% of Shares Outstanding of 12292698 and a Short% of Float of 8.76.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 18.87.
Earnings Estimates
The company has 2.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.0, with high estimates of $0.02 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.08 and -$0.06 for the fiscal current year, implying an average EPS of -$0.01. EPS for the following year is $0.02, with 3.0 analysts recommending between $0.18 and -$0.18.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $592.97M this quarter.It ranges from a high estimate of $604.92M to a low estimate of $580.5M. As of the current estimate, Gannett Co Inc’s year-ago sales were $635.76MFor the next quarter, 3 analysts are estimating revenue of $604.18M. There is a high estimate of $612.83M for the next quarter, whereas the lowest estimate is $595.5M.
A total of 4 analysts have provided revenue estimates for GCI’s current fiscal year. The highest revenue estimate was $2.47B, while the lowest revenue estimate was $2.36B, resulting in an average revenue estimate of $2.41B. In the same quarter a year ago, actual revenue was $2.51BBased on 4 analysts’ estimates, the company’s revenue will be $2.38B in the next fiscal year. The high estimate is $2.53B and the low estimate is $2.29B.