Gannett Co Inc. [GCI] stock prices are up 2.93% to $3.87 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The GCI shares have gain 4.31% over the last week, with a monthly amount glided 26.47%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Gannett Co Inc. [NYSE: GCI] stock has seen the most recent analyst activity on May 24, 2024, when Citigroup upgraded its rating to a Neutral and also boosted its price target to $3.60 from $1.95. Previously, Compass Point started tracking the stock with Buy rating on December 12, 2023, and set its price target to $5. Citigroup downgraded its rating to a Sell. JP Morgan downgraded its rating to a Underweight. Argus downgraded its rating to Hold for this stock on February 13, 2017. In a note dated November 02, 2016, Noble Financial reiterated an Buy rating on this stock and revised its target price from $19 to $16.
The stock price of Gannett Co Inc. [GCI] has been fluctuating between $1.66 and $3.93 over the past year. Currently, Wall Street analysts expect the stock to reach $2.65 within the next 12 months. Gannett Co Inc. [NYSE: GCI] shares were valued at $3.87 at the most recent close of the market. An investor can expect a potential drop of -31.52% based on the average GCI price forecast.
Analyzing the GCI fundamentals
The Gannett Co Inc. [NYSE:GCI] reported sales of 2.63B for trailing twelve months, representing a drop of -4.96%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.41 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.62.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.77 points at the first support level, and at 3.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.96, and for the 2nd resistance point, it is at 4.06.
Ratios To Look Out For
It’s worth pointing out that Gannett Co Inc. [NYSE:GCI]’s Current Ratio is 0.79. On the other hand, the Quick Ratio is 0.75, and the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.22, the price to book ratio is 2.45.
Transactions by insiders
Recent insider trading involved Tarica Laurence, Director, that happened on Nov 16 ’23 when 0.2 million shares were purchased. Chief Executive Officer, Reed Michael completed a deal on Nov 06 ’23 to buy 60000.0 shares. Meanwhile, Chief Executive Officer Reed Michael bought 80000.0 shares on Aug 14 ’23.
