GCI - Gannett Co Inc Stock Price, Fair Value and News

3.10USD-0.11 (-3.43%)Delayed as of 08 May 2024, 03:36 pm ET

Market Summary

USD3.10-0.11

Delayedas of 08 May 2024, 03:36 pm

-3.43%

GCI Stock Price

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GCI RSI Chart

GCI Valuation

Market Cap

473.6M

Price/Earnings (Trailing)

-3.85

Price/Sales (Trailing)

0.18

EV/EBITDA

6.93

Price/Free Cashflow

6.97

GCI Price/Sales (Trailing)

GCI Profitability

EBT Margin

-2.81%

Return on Equity

-52.75%

Return on Assets

-5.88%

Free Cashflow Yield

14.36%

GCI Fundamentals

GCI Revenue

Revenue (TTM)

2.6B

Rev. Growth (Yr)

-4.96%

Rev. Growth (Qtr)

-5.03%

GCI Earnings

Earnings (TTM)

-122.9M

Earnings Growth (Yr)

-919.49%

Earnings Growth (Qtr)

-270.3%

Breaking Down GCI Revenue

52 Week Range

3.24

(Low)(High)

Last 7 days

32.6%

Last 30 days

37.2%

Last 90 days

45.3%

Trailing 12 Months

62.9%

How does GCI drawdown profile look like?

GCI Financial Health

Current Ratio

0.79

Debt/Equity

4.16

Debt/Cashflow

0.11

GCI Investor Care

Buy Backs (1Y)

0.98%

Diluted EPS (TTM)

-0.87

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.6B	0	0	0
2023	2.9B	2.8B	2.7B	2.7B
2022	3.2B	3.1B	3.0B	2.9B
2021	3.2B	3.3B	3.3B	3.2B
2020	2.4B	2.8B	3.2B	3.4B
2019	1.6B	1.6B	1.6B	1.9B
2018	1.4B	1.4B	1.5B	1.5B
2017	1.3B	1.3B	1.3B	1.3B
2016	1.2B	1.3B	1.3B	1.3B
2015	760.9M	902.0M	1.0B	1.2B
2014	0	0	585.1M	652.3M
2013	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Gannett Co Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 31, 2024	louis john jeffry	acquired	24,997	2.44	10,245	-
Mar 24, 2024	reed michael	sold (taxes)	-431,914	2.22	-194,556	chief executive officer
Mar 24, 2024	horne douglas edward	sold (taxes)	-112,601	2.22	-50,721	cfo
Mar 24, 2024	gallagher cindy	sold (taxes)	-25,563	2.22	-11,515	cao
Mar 03, 2024	gallagher cindy	sold (taxes)	-10,488	2.11	-4,971	cao
Mar 03, 2024	horne douglas edward	sold (taxes)	-28,814	2.11	-13,656	cfo
Dec 31, 2023	louis john jeffry	acquired	24,998	2.3	10,869	-
Dec 31, 2023	reed michael	sold (taxes)	-126,031	2.3	-54,796	chief executive officer
Dec 31, 2023	reed michael	acquired	-	-	152,000	chief executive officer
Nov 16, 2023	tarica laurence	bought	370,000	1.85	200,000	-

Which funds bought or sold GCI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Metis Global Partners, LLC	unchanged	-	9,044	157,631	0.01%
May 06, 2024	SG Americas Securities, LLC	reduced	-20.36	-29,000	157,000	-%
May 06, 2024	Empowered Funds, LLC	added	8.2	245,686	1,907,170	0.03%
May 06, 2024	Investors Research Corp	unchanged	-	152	2,652	-%
May 03, 2024	VICTORY CAPITAL MANAGEMENT INC	reduced	-4.76	406	39,589	-%
May 03, 2024	TRUST CO OF VERMONT	new	-	56.00	56.00	-%
May 03, 2024	HUNTINGTON NATIONAL BANK	added	2.62	46.00	573	-%
May 03, 2024	GSA CAPITAL PARTNERS LLP	reduced	-9.3	-95,000	2,428,000	0.19%
May 03, 2024	SIGNATUREFD, LLC	new	-	388	388	-%
May 02, 2024	WHITTIER TRUST CO	unchanged	-	30.00	478	-%

Are Funds Buying or Selling GCI?

Are funds buying GCI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GCI

No. of Funds

Unveiling Gannett Co Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alta fundamental advisers llc	8.8%	13,146,482	SC 13G/A
Feb 13, 2024	apollo management holdings gp, llc	0.2%	296,808	SC 13G/A
Feb 13, 2024	vanguard group inc	5.72%	8,510,313	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.2%	10,753,112	SC 13G/A
Jul 07, 2023	blackrock inc.	6.8%	10,173,608	SC 13G/A
Jun 22, 2023	apollo management holdings gp, llc	0.6%	922,972	SC 13G
May 22, 2023	alta fundamental advisers llc	5.8%	8,574,682	SC 13G
Feb 14, 2023	miller william h iii	0.63%	917,125	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G

Recent SEC filings of Gannett Co Inc

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 24, 2024	ARS	ARS
Apr 24, 2024	DEF 14A	DEF 14A
Apr 01, 2024	4	Insider Trading
Mar 29, 2024	8-K	Current Report
Mar 29, 2024	PRE 14A	PRE 14A
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading

Peers (Alternatives to Gannett Co Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MID-CAP
NYT	7.6B	2.4B	7.11%	15.86%	32.78	3.14	5.10%	33.63%
TGNA	2.6B	2.9B	3.17%	-9.23%	5.41	0.89	-11.23%	-24.39%
SMALL-CAP
GTN	629.8M	3.3B	12.06%	-	20.99	0.19	-9.51%	-91.71%
GCI	473.6M	2.6B	37.18%	62.94%	-3.85	0.18	-8.23%	-89.98%
CMLS	47.3M	838.9M	-9.68%	6.46%	-0.43	0.06	-9.52%	-2455.26%
BBGI	21.8M	247.1M	-2.67%	-30.48%	-0.29	0.09	-3.62%	-78.30%
EDUC	16.8M	57.0M	-20.99%	12.50%	69.62	0.29	-40.68%	192.35%

Gannett Co Inc News

Latest updates

Gannett Co Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-5.0%	636	669	653	672	669	731	718	749	748	827	800	804	777	875	815	767	949	699	377	404	388
Costs and Expenses	5.2%	686	652	618	659	649	716	743	770	750	802	769	759	769	857	813	1,205	979	855	379	392	389
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	218	233	229
S&GA Expenses	-2.9%	180	186	185	184	180	190	212	228	222	250	226	223	204	233	242	226	299	227	120	127	129
EBITDA Margin	-27.0%	0.07*	0.10*	0.10*	0.08*	0.08*	0.07*	0.08*	0.10*	0.12*	0.08*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.5%	27.00	27.00	28.00	29.00	28.00	29.00	28.00	26.00	26.00	26.00	35.00	35.00	40.00	55.00	58.00	58.00	58.00	33.00	10.00	10.00	10.00
Income Taxes	-53.3%	10.00	22.00	16.00	1.00	-17.33	-31.30	18.00	22.00	-7.61	37.00	3.00	18.00	-9.11	-11.25	3.00	-34.28	9.00	-90.92	7.00	-0.34	-1.95
Earnings Before Taxes	-5579.8%	-74.69	-1.31	14.00	-11.36	-7.07	1.00	-36.02	-31.54	-10.71	14.00	18.00	32.00	-151	-133	-28.35	-472	-71.63	-186	-11.74	2.00	-11.31
EBT Margin	-1111.7%	-0.03*	0.00*	0.00*	-0.02*	-0.03*	-0.03*	-0.02*	0.00*	0.02*	-0.03*	-0.07*	-0.09*	-	-	-	-	-	-	-	-	-
Net Income	-270.3%	-84.77	-22.89	-2.57	-12.68	10.00	33.00	-54.11	-53.69	-2.97	-22.45	15.00	15.00	-142	-122	-31.26	-436	-80.15	-95.09	-18.46	3.00	-9.11
Net Income Margin	-347.8%	-0.05*	-0.01*	0.01*	-0.01*	-0.02*	-0.03*	-0.04*	-0.02*	0.00*	-0.04*	-0.07*	-0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	-25.9%	9.00	13.00	7.00	38.00	-2.08	-1.64	19.00	-43.27	22.00	-18.19	29.00	23.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-4.2%	2,089	2,181	2,249	2,307	2,328	2,394	2,482	2,654	2,783	2,828	2,910	2,974	3,054	3,109	3,314	3,338	3,911	4,020	1,472	1,488	1,521
Current Assets	-4.2%	426	444	464	482	451	508	503	488	562	577	587	598	590	637	626	613	763	779	243	245	258
Cash Equivalents	3.2%	103	100	109	107	83.00	94.00	125	87.00	152	131	141	159	164	207	189	159	200	189	29.00	20.00	25.00
Inventory	-11.8%	24.00	27.00	30.00	29.00	42.00	45.00	38.00	35.00	37.00	38.00	33.00	35.00	32.00	35.00	34.00	40.00	48.00	55.00	21.00	20.00	25.00
Net PPE	-0.1%	239	239	246	254	292	306	329	372	388	415	462	522	552	590	705	719	764	816	314	331	348
Goodwill	0.0%	534	534	533	534	533	533	538	540	541	534	534	534	534	534	560	560	910	914	328	317	316
Liabilities	-0.4%	1,856	1,864	1,923	1,980	2,008	2,098	2,169	2,196	2,269	2,298	2,367	2,446	2,514	2,746	2,884	2,885	3,020	3,037	846	821	834
Current Liabilities	0.7%	537	534	561	556	560	617	649	605	642	663	713	693	698	741	610	588	724	718	264	242	260
Long Term Debt	133.1%	970	416	412	409	409	406	402	399	396	393	400	397	394	581	3.00	3.00	3.00	3.00	434	435	435
LT Debt, Non Current	-100.0%	-	416	412	409	409	406	402	399	396	393	400	397	394	581	3.00	3.00	3.00	3.00	434	435	435
Shareholder's Equity	-26.7%	233	318	327	327	321	296	313	458	515	530	545	530	542	364	426	452	890	981	625	666	686
Retained Earnings	-8.3%	-1,111	-1,027	-1,004	-1,001	-989	-999	-1,032	-978	-924	-921	-898	-913	-928	-786	-664	-633	-196	-115	-20.87	-2.41	-5.22
Additional Paid-In Capital	0.2%	1,429	1,426	1,422	1,419	1,413	1,410	1,407	1,403	1,398	1,400	1,400	1,395	1,422	1,104	1,100	1,102	1,094	1,091	655	678	700
Accumulated Depreciation	-1.7%	331	336	373	388	380	361	348	359	346	337	363	363	370	362	377	359	324	277	257	243	229
Shares Outstanding	-0.9%	148	149	149	149	149	146	146	147	148	142	143	143	-	-	-	-	-	-	-	-	-
Minority Interest	0%	-0.47	-0.47	-0.47	-0.47	-0.45	-0.37	-0.27	-0.26	-0.25	-2.48	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	320	-	-	-	430	-	-	-	765	-	-	-	188	-	-	-	555	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	6.1%	22,451	21,157	20,631	46,068	6,718	7,794	31,294	-30,741	32,429	-5,894	40,760	31,271	61,316	-16,510	49,640	-35,849	60,489	-72,995	40,877	25,911	31,742
Share Based Compensation	-26.4%	2,826	3,840	3,944	5,047	3,736	3,474	4,499	5,385	3,393	4,635	4,602	5,779	3,423	3,538	3,844	7,391	11,577	8,790	691	707	1,136
Cashflow From Investing	-75.3%	-12,426	-7,089	39,063	-5,699	20,704	3,043	28,730	-3,429	-6,220	31,411	32,051	4,669	2,516	162,115	1,047	393	-3,419	-738,427	-9,453	550	-37,730
Cashflow From Financing	19.2%	-18,245	-22,568	-58,383	-15,920	-38,640	-44,823	-22,997	-31,229	-3,818	-48,888	-91,305	-46,280	-74,699	-163,871	-17,140	-5,652	-14,679	971,811	-22,836	-31,931	-18,131
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,050	22,786	22,855	23,245
Buy Backs	-	2,532	-	20.00	484	2,138	26.00	-	3,391	3,138	1,210	4.00	-	-	-	-	-	-	-	-	-	-

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GCI Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Total revenues

$ 635,761

$ 668,917

Operating costs

402,399

430,188

Selling, general and administrative expenses

180,489

180,390

Depreciation and amortization

38,298

43,698

Integration and reorganization costs

17,881

12,127

Asset impairments

45,989

Loss (gain) on sale or disposal of assets, net

552

(17,681)

Other operating expenses

229

Total operating expenses

685,647

648,956

Operating (loss) income

(49,886)

19,961

Interest expense

26,565

28,330

Gain on early extinguishment of debt

(617)

(496)

Non-operating pension income

(3,146)

(1,815)

Equity loss (income) in unconsolidated investees, net

(185)

210

Other non-operating expense, net

1,817

1,221

Non-operating expenses

24,804

27,030

Loss before income taxes

(74,690)

(7,069)

Provision (benefit) for income taxes

10,078

(17,329)

Net (loss) income

(84,768)

10,260

Net loss attributable to noncontrolling interests

(84)

Net (loss) income attributable to Gannett

$ (84,768)

$ 10,344

(Loss) income per share attributable to Gannett - basic (in dollars per share)

$ (0.60)

$ 0.07

(Loss) income per share attributable to Gannett - diluted (in dollars per share)

$ (0.60)

$ 0.07

Other comprehensive income (loss):

Foreign currency translation adjustments

$ (689)

$ 6,337

Pension and other postretirement benefit items:

Net actuarial (loss) gain

(538)

11,596

Amortization of net actuarial gain

237

Amortization of prior service cost

(125)

Equity method investments

116

610

Other

1,327

(2,911)

Total pension and other postretirement benefit items

1,017

9,315

Other comprehensive income before tax

328

15,652

Income tax provision related to components of other comprehensive income (loss)

170

2,362

Other comprehensive income, net of tax

^[1]

158

13,290

Comprehensive (loss) income

(84,610)

23,550

Comprehensive loss attributable to noncontrolling interests

(84)

Comprehensive (loss) income attributable to Gannett

(84,610)

23,634

Digital

Total revenues

267,499

247,478

Print and commercial

Total revenues

$ 368,262

$ 421,439

[1]	For the three months ended March 31, 2024 and 2023, Other comprehensive income is net of an income tax provision of $0.2 million and $2.4 million, respectively.

GCI Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 93,334	$ 100,180
Accounts receivable, net of allowance of $15,543 and $16,338 as of March 31, 2024 and December 31, 2023, respectively	244,082	266,096
Inventories	23,622	26,794
Prepaid expenses	44,386	36,210
Other current assets	20,344	14,957
Total current assets	425,768	444,237
Property, plant and equipment, net of accumulated depreciation of $330,747 and $336,408 as of March 31, 2024 and December 31, 2023, respectively	238,902	239,087
Operating lease assets	166,911	221,733
Goodwill	533,743	533,876
Intangible assets, net	501,640	524,350
Deferred tax assets	34,243	37,125
Pension and other assets	187,959	180,839
Total assets	2,089,166	2,181,247
Current liabilities:
Accounts payable and accrued liabilities	300,340	293,444
Deferred revenue	119,509	120,502
Current portion of long-term debt	64,263	63,752
Operating lease liabilities	43,586	45,763
Other current liabilities	9,303	10,052
Total current liabilities	537,001	533,513
Long-term debt	550,044	564,836
Convertible debt	419,671	416,036
Deferred tax liabilities	6,604	2,028
Pension and other postretirement benefit obligations	41,121	42,661
Long-term operating lease liabilities	192,293	203,871
Other long-term liabilities	109,451	100,989
Total noncurrent liabilities	1,319,184	1,330,421
Total liabilities	1,856,185	1,863,934
Commitments and contingent liabilities (See Note 11)
Equity
Preferred stock, $0.01 par value per share, 300,000 shares authorized, none of which were issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common stock, $0.01 par value per share, 2,000,000,000 shares authorized, 158,564,950 shares issued and 147,585,710 shares outstanding at March 31, 2024; 158,554,705 shares issued and 148,939,463 shares outstanding at December 31, 2023	1,586	1,586
Treasury stock, at cost, 10,979,240 shares and 9,615,242 shares at March 31, 2024 and December 31, 2023, respectively	(19,927)	(17,393)
Additional paid-in capital	1,429,137	1,426,325
Accumulated deficit	(1,111,960)	(1,027,192)
Accumulated other comprehensive loss	(65,383)	(65,541)
Total Gannett stockholders' equity	233,453	317,785
Noncontrolling interests	(472)	(472)
Total equity	232,981	317,313
Total liabilities and equity	$ 2,089,166	$ 2,181,247

About Gannett Co Inc

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through two segments, Gannett Media and Digital Marketing Solutions. The company's principal products include 218 daily print media with total paid circulation of approximately 1.6 million and Sunday circulation of 4.1 million; 175 weekly print media; and 266 locally-focused websites. Its principal products also comprise 154 daily and weekly news media brands and approximately 90 magazines, and related digital platforms; sports network; and USA TODAY NETWORK, a community events platform. The company also offers digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions. In addition, it produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, the company offers local market news and information, as well as advertising and subscriptions, and commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was incorporated in 2013 and is headquartered in McLean, Virginia.

CEO	Mr. Michael E. Reed
WEBSITE	gannett.com
INDUSTRY	Media
EMPLOYEES	14200

Gannett Co Inc Frequently Asked Questions

What is the ticker symbol for Gannett Co Inc? What does GCI stand for in stocks?

GCI is the stock ticker symbol of Gannett Co Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Gannett Co Inc (GCI)?

As of Tue May 07 2024, market cap of Gannett Co Inc is 473.63 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GCI stock?

You can check GCI's fair value in chart for subscribers.

What is the fair value of GCI stock?

You can check GCI's fair value in chart for subscribers. The fair value of Gannett Co Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Gannett Co Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GCI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Gannett Co Inc a good stock to buy?

The fair value guage provides a quick view whether GCI is over valued or under valued. Whether Gannett Co Inc is cheap or expensive depends on the assumptions which impact Gannett Co Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GCI.

What is Gannett Co Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, GCI's PE ratio (Price to Earnings) is -3.85 and Price to Sales (PS) ratio is 0.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GCI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Gannett Co Inc's stock?

In the past 10 years, Gannett Co Inc has provided -0.134 (multiply by 100 for percentage) rate of return.