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GCI

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

2.38USD+0.05 (+2.15%)Delayed as of 28 Mar 2024, 01:00 pm ET

Market Summary

GCI
USD2.38+0.05
Delayedas of 28 Mar 2024, 01:00 pm
2.15%

GCI Stock Price

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GCI RSI Chart

GCI Valuation

Market Cap

348.2M

Price/Earnings (Trailing)

-12.53

Price/Sales (Trailing)

0.13

EV/EBITDA

2.48

Price/Free Cashflow

6.17

GCI Price/Sales (Trailing)

GCI Profitability

EBT Margin

-0.23%

Return on Equity

-8.75%

Return on Assets

-1.27%

Free Cashflow Yield

16.21%

GCI Fundamentals

GCI Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-8.38%

Rev. Growth (Qtr)

2.53%

GCI Earnings

Earnings (TTM)

-27.8M

Earnings Growth (Yr)

-169.86%

Earnings Growth (Qtr)

-792.13%

Breaking Down GCI Revenue

52 Week Range

2.43
(Low)(High)

Last 7 days

10.5%

Last 30 days

-1.3%

Last 90 days

-14.3%

Trailing 12 Months

11%

How does GCI drawdown profile look like?

GCI Financial Health

Current Ratio

0.83

Debt/Equity

1.31

Debt/Cashflow

0.23

GCI Investor Care

Shares Dilution (1Y)

2.09%

Diluted EPS (TTM)

-0.2

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.9B2.8B2.7B2.7B
20223.2B3.1B3.0B2.9B
20213.2B3.3B3.3B3.2B
20202.4B2.8B3.2B3.4B
20191.6B1.6B1.6B1.9B
20181.4B1.4B1.5B1.5B
20171.3B1.3B1.3B1.3B
20161.2B1.3B1.3B1.3B
2015760.9M902.0M1.0B1.2B
201400585.1M652.3M
20130000

Tracking the Latest Insider Buys and Sells of Gannett Co Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-
Nov 06, 2023
reed michael
bought
120,600
2.01
60,000
chief executive officer

1–10 of 50

Which funds bought or sold GCI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-70.56
-2,914
1,114
-%
Mar 11, 2024
VANGUARD GROUP INC
added
0.56
-1,160,020
19,573,700
-%
Mar 08, 2024
TRUST CO OF VERMONT
sold off
-100
-56.00
-
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
98.17
13,915,300
30,088,900
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
-11,466
164,956
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
added
103
1,200,000
2,523,000
0.21%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
3.95
-5,000
186,000
-%
Feb 16, 2024
HARBOUR INVESTMENTS, INC.
unchanged
-
-39.00
591
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-2.05
-1,823
22,177
-%
Feb 15, 2024
JANE STREET GROUP, LLC
reduced
-74.58
-702,015
219,986
-%

1–10 of 47

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 26, 2024
8-K
Current Report
Mar 26, 2024
4
Insider Trading
Mar 26, 2024
4
Insider Trading
Mar 26, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Feb 22, 2024
8-K
Current Report
Feb 22, 2024
10-K
Annual Report
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Gannett Co Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
7.3B
2.4B
-0.37% 19.54%
31.24
2.99
5.10% 33.63%
2.6B
2.9B
-4.03% -4.57%
5.49
0.9
-11.23% -24.39%
SMALL-CAP
573.2M
3.3B
-31.29% -
-7.54
0.17
-10.75% -116.70%
348.2M
2.7B
-1.33% 11.00%
-12.53
0.13
-9.57% 64.37%
53.5M
844.5M
-12.79% -11.41%
-0.45
0.06
-11.43% -826.08%
25.1M
247.1M
-2.35% -21.14%
-0.33
0.1
-3.62% -78.30%
17.3M
57.0M
12.64% -35.53%
71.75
0.3
-40.68% 192.35%

Gannett Co Inc News

Latest updates
Seeking Alpha • 26 Mar 2024 • 11:15 am
Simply Wall St • 22 Mar 2024 • 11:15 am
CNN • 01 Mar 2024 • 07:40 pm
InvestorsObserver • 23 Feb 2024 • 08:00 am
InvestorsObserver • 14 Feb 2024 • 08:00 am
Yahoo Finance • 31 Jan 2024 • 08:00 am
Yahoo Finance • 2 months ago

Gannett Co Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.5%669653672669731718749748827800804777875815767949699377404388416
Costs and Expenses5.4%6526186596497167437707508027697597698578131,205979855379392389-
Operating Expenses------------------218233229230
  S&GA Expenses0.5%186185184180190212228222250226223204233242226299227120127129136
EBITDA Margin0.2%0.10*0.10*0.08*0.08*0.07*0.08*0.10*0.12*0.08*0.04*0.04*-0.10*---------
Interest Expenses-3.4%27.0028.0029.0028.0029.0028.0026.0026.0026.0035.0035.0040.0055.0058.0058.0058.0033.0010.0010.0010.0010.00
Income Taxes33.7%22.0016.001.00-17.33-31.3018.0022.00-7.6137.003.0018.00-9.11-11.253.00-34.289.00-90.927.00-0.34-1.95-0.68
Earnings Before Taxes-109.7%-1.3114.00-11.36-7.071.00-36.02-31.54-10.7114.0018.0032.00-151-133-28.35-472-71.63-186-11.742.00-11.3112.00
EBT Margin-81.1%0.00*0.00*-0.02*-0.03*-0.03*-0.02*0.00*0.02*-0.03*-0.07*-0.09*-0.24*---------
Net Income-792.1%-22.89-2.57-12.6810.0033.00-54.11-53.69-2.97-22.4515.0015.00-142-122-31.26-436-80.15-95.09-18.463.00-9.1113.00
Net Income Margin-202.0%-0.01*0.01*-0.01*-0.02*-0.03*-0.04*-0.02*0.00*-0.04*-0.07*-0.09*-0.23*---------
Free Cashflow72.9%13.007.0038.00-2.08-1.6419.00-43.2722.00-18.1929.0023.0054.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-3.0%2,1812,2492,3072,3282,3942,4822,6542,7832,8282,9102,9743,0543,1093,3143,3383,9114,0201,4721,4881,5211,444
  Current Assets-4.2%444464482451508503488562577587598590637626613763779243245258298
    Cash Equivalents-8.3%10010910783.0094.0012587.0015213114115916420718915920018929.0020.0025.0053.00
  Inventory-10.4%27.0030.0029.0042.0045.0038.0035.0037.0038.0033.0035.0032.0035.0034.0040.0048.0055.0021.0020.0025.0025.00
  Net PPE-2.9%239246254292306329372388415462522552590705719764816314331348340
  Goodwill0.1%534533534533533538540541534534534534534560560910914328317316311
Liabilities-3.1%1,8641,9231,9802,0082,0982,1692,1962,2692,2982,3672,4462,5142,7462,8842,8853,0203,037846821834725
  Current Liabilities-4.9%534561556560617649605642663713693698741610588724718264242260248
  Long Term Debt0.9%4164124094094064023993963934003973945813.003.003.003.00434435435428
    LT Debt, Non Current0.9%4164124094094064023993963934003973945813.003.003.003.00434435435428
Shareholder's Equity-2.7%318327327321296313458515530545530542364426452890981625666686717
  Retained Earnings-2.3%-1,027-1,004-1,001-989-999-1,032-978-924-921-898-913-928-786-664-633-196-115-20.87-2.41-5.224.00
  Additional Paid-In Capital0.3%1,4261,4221,4191,4131,4101,4071,4031,3981,4001,4001,3951,4221,1041,1001,1021,0941,091655678700722
Accumulated Depreciation-100.0%-373388380361348359346337363363370362377359324277257243229219
Shares Outstanding0.0%149149149149146146147148142143143143---------
Minority Interest-0.9%-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)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations2.5%21,15720,63146,0686,7187,79431,294-30,74132,429-5,89440,76031,27161,316-16,51049,640-35,84960,489-72,99540,87725,91131,74237,576
  Share Based Compensation-2.6%3,8403,9445,0473,7363,4744,4995,3853,3934,6354,6025,7793,4233,5383,8447,39111,5778,7906917071,136657
Cashflow From Investing-118.1%-7,08939,063-5,69920,7043,04328,730-3,429-6,22031,41132,0514,6692,516162,1151,047393-3,419-738,427-9,453550-37,730-51,456
Cashflow From Financing61.3%-22,568-58,383-15,920-38,640-44,823-22,997-31,229-3,818-48,888-91,305-46,280-74,699-163,871-17,140-5,652-14,679971,811-22,836-31,931-18,1316,842
  Dividend Payments-----------------23,05022,78622,85523,24522,775
  Buy Backs-100.0%-20.004842,13826.00-3,3913,1381,2104.00-----------

GCI Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Total revenues$ 2,663,550$ 2,945,303$ 3,208,083
Operating costs1,692,0311,860,3531,901,564
Selling, general and administrative expenses735,339852,488902,064
Depreciation and amortization162,622182,022203,958
Integration and reorganization costs24,46887,97449,284
Asset impairments1,3701,0563,976
(Gain) loss on sale or disposal of assets, net(40,101)(6,883)17,208
Other operating expenses1,5501,89220,952
Total operating expenses2,577,2792,978,9023,099,006
Operating income (loss)86,271(33,599)109,077
Interest expense111,776108,366135,748
(Gain) loss on early extinguishment of debt(4,529)(399)48,708
Non-operating pension income(9,382)(58,953)(95,357)
Loss on convertible notes derivative00126,600
Other non-operating income, net(5,429)(5,707)(18,701)
Non-operating expenses92,43643,307196,998
Loss before income taxes(6,165)(76,906)(87,921)
Provision for income taxes21,7291,34948,250
Net loss(27,894)(78,255)(136,171)
Net loss attributable to noncontrolling interests(103)(253)(1,209)
Net loss attributable to Gannett$ (27,791)$ (78,002)$ (134,962)
Loss per share attributable to Gannett - basic (in dollars per share)$ (0.20)$ (0.57)$ (1.00)
Loss per share attributable to Gannett - diluted (in dollars per share)$ (0.20)$ (0.57)$ (1.00)
Other comprehensive income (loss):   
Foreign currency translation adjustments$ 13,683$ (24,008)$ (604)
Pension and other postretirement benefit items:   
Net actuarial gain (loss)33,135(185,282)13,811
Amortization of net actuarial gain (loss)(305)(500)64
Change in prior service cost3,30700
Amortization of prior service cost(502)660
Equity method investments61000
Other(7,415)5,283(387)
Total pension and other postretirement benefit items28,830(180,433)13,488
Other comprehensive income (loss) before tax42,513(204,441)12,884
Income tax provision (benefit) related to components of other comprehensive income (loss)6,823(43,212)3,059
Other comprehensive income (loss), net of tax[1]35,690(161,229)9,825
Comprehensive income (loss)7,796(239,484)(126,346)
Comprehensive loss attributable to noncontrolling interests[2](103)(253)(1,209)
Comprehensive income (loss) attributable to Gannett7,899(239,231)(125,137)
Advertising and marketing services   
Total revenues1,387,1141,496,1371,651,161
Circulation   
Total revenues927,8211,084,6371,249,674
Other   
Total revenues$ 348,615$ 364,529$ 307,248
[1](b)Other comprehensive income (loss) is net of an income tax provision of $6.8 million for the year ended December 31, 2023, net of an income tax benefit of $43.2 million for the year ended December 31, 2022 and net of an income tax provision of $3.1 million for the year ended December 31, 2021.
[2](a) For the years ended December 31, 2023 and 2022, there were no redeemable noncontrolling interests included in Net loss attributable to noncontrolling interests. For the year ended December 31, 2021, Net loss attributable to noncontrolling interests included $1.1 million, relating to redeemable noncontrolling interests.

GCI Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 100,180$ 94,255
Accounts receivable, net of allowance for doubtful accounts of $16,338 and $16,697, respectively266,096289,415
Inventories26,79445,223
Prepaid expenses36,21046,205
Other current assets14,95732,679
Total current assets444,237507,777
Property, plant, and equipment, net239,087305,994
Operating lease assets221,733233,322
Goodwill533,876533,166
Intangible assets, net524,350613,358
Deferred tax assets37,12556,618
Pension and other assets180,839143,320
Total assets2,181,2472,393,555
Current liabilities:  
Accounts payable and accrued liabilities293,444351,848
Deferred revenue120,502153,648
Current portion of long-term debt63,75260,452
Operating lease liabilities45,76344,872
Other current liabilities10,0526,218
Total current liabilities533,513617,038
Long-term debt564,836695,642
Convertible debt416,036405,681
Deferred tax liabilities2,0281,439
Pension and other postretirement benefit obligations42,66150,710
Long-term operating lease liabilities203,871219,109
Other long-term liabilities100,989108,563
Total noncurrent liabilities1,330,4211,481,144
Total liabilities1,863,9342,098,182
Commitments and contingent liabilities (see Note 13)
Equity  
Preferred stock, $0.01 par value per share, 300,000 shares authorized, none of which were issued and outstanding at December 31, 2023 and December 31, 202200
Common stock, $0.01 par value per share, 2,000,000,000 shares authorized; 158,554,705 shares issued and 148,939,463 shares outstanding at December 31, 2023; 153,286,104 shares issued and 146,223,179 shares outstanding at December 31, 20221,5861,533
Treasury stock, at cost, 9,615,242 shares and 7,062,925 shares at December 31, 2023 and December 31, 2022, respectively(17,393)(14,737)
Additional paid-in capital1,426,3251,409,578
Accumulated deficit(1,027,192)(999,401)
Accumulated other comprehensive loss(65,541)(101,231)
Total Gannett stockholders' equity317,785295,742
Noncontrolling interests(472)(369)
Total equity317,313295,373
Total liabilities and equity$ 2,181,247$ 2,393,555
GCI
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
 WEBSITEwww.gannett.com
 EMPLOYEES14200

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 Wed Mar 27 2024, market cap of Gannett Co Inc is 348.23 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 Wed Mar 27 2024, GCI's PE ratio (Price to Earnings) is -12.53 and Price to Sales (PS) ratio is 0.13. 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 -0.174 (multiply by 100 for percentage) rate of return.