Gannett Co Inc

Company Profile

Gannett Co Inc had its IPO on 2014-02-04 under the ticker symbol GCI.

The company operates in the Communication Services sector and Publishing industry. Gannett Co Inc has a staff strength of 14,200 employees.

Stock update

Shares of Gannett Co Inc opened at $2.76 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.76 - $2.84, and closed at $2.76.

This is a -0.72% slip from the previous day's closing price.

A total volume of 358,621 shares were traded at the close of the day’s session.

In the last one week, shares of Gannett Co Inc have slipped by -6.44%.

Gannett Co Inc's Key Ratios

Gannett Co Inc has a market cap of $419.64 million, indicating a price to book ratio of 1.1514 and a price to sales ratio of 0.1038.

In the last 12-months Gannett Co Inc’s revenue was $2.79 billion with a gross profit of $1.08 billion and an EBITDA of $277.48 million. The EBITDA ratio measures Gannett Co Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Gannett Co Inc’s operating margin was 4.37% while its return on assets stood at 3.07% with a return of equity of -6.09%.

In Q2, Gannett Co Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 10.2%.

Gannett Co Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.18 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Gannett Co Inc’s profitability.

Gannett Co Inc stock is trading at a EV to sales ratio of 0.5481 and a EV to EBITDA ratio of 7.139. Its price to sales ratio in the trailing 12-months stood at 0.1038.

Gannett Co Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.31 billion

Total Liabilities

$555.70 million

Operating Cash Flow

$-5699000.00

Capital Expenditure

$7.65 million

Dividend Payout Ratio

0%

Gannett Co Inc ended 2024 with $2.31 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.31 billion while shareholder equity stood at $327.36 million.

Gannett Co Inc ended 2024 with $0 in deferred long-term liabilities, $555.70 million in other current liabilities, 1584000.00 in common stock, $-1001734000.00 in retained earnings and $533.80 million in goodwill. Its cash balance stood at $106.63 million and cash and short-term investments were $106.63 million. The company’s total short-term debt was $110,308,000 while long-term debt stood at $1.06 billion.

Gannett Co Inc’s total current assets stands at $481.79 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $250.16 million compared to accounts payable of $159.19 million and inventory worth $29.45 million.

In 2024, Gannett Co Inc's operating cash flow was $-5699000.00 while its capital expenditure stood at $7.65 million.

Comparatively, Gannett Co Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.76

52-Week High

$3.6

52-Week Low

$1.25

Analyst Target Price

$2.65

Gannett Co Inc stock is currently trading at $2.76 per share. It touched a 52-week high of $3.6 and a 52-week low of $3.6. Analysts tracking the stock have a 12-month average target price of $2.65.

Its 50-day moving average was $2.82 and 200-day moving average was $2.34 The short ratio stood at 13.32 indicating a short percent outstanding of 0%.

Around 899.5% of the company’s stock are held by insiders while 7465.9% are held by institutions.