Shares of Gannett Co., Inc. (NYSE:GCI) recorded 0.97% gain during trading session on November 7th, 2018. The script traded as low as $10.19 and last traded at $10.37. 2.35 million shares changed exchanged hands during trading, a drop of -238389.19% from the 30-day average session volume of 987.22K shares. The firm had previously closed at $10.27. The company has $113.46M outstanding shares, a price-to-earnings ratio of 17.25, price-to-earnings-growth ratio of 0.39 and a beta of 0.84. The company has a RSI of 62.03, ATR of 0.36 and a volatility of 3.29% this week. GCI has a 52 week low price of $9.04 and a 52 week high price of $12.38.
Investors have identified the tech company Gannett Co., Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 1.18B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Gannett Co., Inc. (GCI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For GCI, the company has in raw cash 209.68 million on their books with 537.8 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 84.36 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
GCI were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 27.52 million. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for Gannett Co., Inc. (GCI)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Gannett Co., Inc. recorded a total of 730.77 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -0.06% coming in sequential stages and their sales for the third quarter increasing by 0.01%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 452.05 million trying to sell their products during the last quarter, with the result yielding a gross income of 278.72 million. This allows shareholders to hold on to 113.46M with the revenue now reading 140 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.52 cents a share).
Is the stock of GCI attractive?
Having a look at the company’s valuation, the company is expected to record 0.93 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GCI sounds very interesting.
In related news, CEO of Newsquest Media Group Faure Walker Henry K. sold 337 shares of the company’s stock in a transaction that recorded on August 17th, 2018. The sale was performed at an average price of 10.28, for a total value of 3,464. As the sale deal closes, the Chief Marketing Officer Faure Walker Henry K. now sold 3,500 shares of the company’s stock, valued at 36,085. Also, Chief Marketing Officer Yost Andrew T. sold 5,175 shares of the company’s stock in a deal that was recorded on August 14th, 2018. The shares were sold at an average price of 10.39 per share, with a total market value of 7,034. Following this completion of acquisition, the SVP, CFO and Treasurer now holds 4,300 shares of the company’s stock, valued at 49,923. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
0 out of 6 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Gannett Co., Inc. stock. 0 analysts has assigned a Sell rating on the GCI stock. The 12-month mean consensus price target for the company’s shares has been set at $11.50.