A share price of Gannett Co Inc. [GCI] is currently trading at $5.62, up 1.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GCI shares have gain 2.55% over the last week, with a monthly amount glided 3.12%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Gannett Co Inc. [NYSE: GCI] stock has seen the most recent analyst activity on September 17, 2024, when Citigroup upgraded its rating to a Neutral but kept the price target unchanged to $5.10 for it. Previously, Citigroup downgraded its rating to Sell on August 28, 2024. On July 01, 2024, JMP Securities initiated with a Mkt Outperform rating and assigned a price target of $6 on the stock. Citigroup upgraded its rating to a Neutral and increased its price target to $3.60 on May 24, 2024. Compass Point initiated its recommendation with a Buy and recommended $5 as its price target on December 12, 2023. In a note dated April 06, 2020, Citigroup downgraded an Sell rating on this stock.
Gannett Co Inc. experienced fluctuations in its stock price throughout the past year between $1.66 and $5.93. Currently, Wall Street analysts expect the stock to reach $5.55 within the next 12 months. Gannett Co Inc. [NYSE: GCI] shares were valued at $5.62 at the most recent close of the market. An investor can expect a potential drop of -1.25% based on the average GCI price forecast.
Analyzing the GCI fundamentals
Trailing Twelve Months sales for Gannett Co Inc. [NYSE:GCI] were 2.60B which represents -4.84% decline. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.34 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.23.
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 5.47 points at the first support level, and at 5.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.71, and for the 2nd resistance point, it is at 5.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Gannett Co Inc. [NYSE:GCI] is 0.79. Also, the Quick Ratio is 0.75, while the Cash Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 0.32, the price to book ratio is 3.32.
Transactions by insiders
Recent insider trading involved Tarica Laurence, Director, that happened on Sep 13 ’24 when 50000.0 shares were purchased. Director, Tarica Laurence completed a deal on Nov 16 ’23 to buy 0.2 million shares. Meanwhile, Chief Executive Officer Reed Michael bought 60000.0 shares on Nov 06 ’23.
