Get in on Gannett Co Inc.’s (GCI) buy-in window today!

With 0.81 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.91 million shares. During the session, the Publishing company that operates in wider Communication Services sector, reached to the highest price of $3.4 whereas the lowest price it dropped to was $3.285. The 52-week range on GCI shows that it touched its highest point at $3.60 and its lowest point at $1.66 during that stretch. It currently has a 1-year price target of $3.32. Beta for the stock currently stands at 2.39.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GCI was up-trending over the past week, with a rise of 4.36%, but this was up by 44.40% over a month. Three-month performance surged to 52.27% while six-month performance rose 72.68%. The stock gained 65.02% in the past year, while it has gained 45.65% so far this year. A look at the trailing 12-month EPS for GCI yields -0.86 with Next year EPS estimates of 0.19. For the next quarter, that number is -0.03. This implies an EPS growth rate of -52.54% for this year and 162.37% for next year.

Float and Shares Shorts:

At present, 148.94 million GCI shares are outstanding with a float of 121.53 million shares on hand for trading. On 2024-04-30, short shares totaled 16.58 million, which was 1123.99995 higher than short shares on 1711584000. In addition to Mr. Michael E. Reed as the firm’s Chairman, CEO & President, Mr. Douglas Edward Horne serves as its CFO & Principal Financial Officer.

Institutional Ownership:

Through their ownership of 0.69536 of GCI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, GCI reported revenue of $635761000.0 and operating income of $14536000.0. The EBITDA in the recently reported quarter was $53978000.0 and diluted EPS was -$0.6.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GCI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.