Gannett Co Inc (NYSE: GCI) kicked off on Monday, up 4.06% from the previous trading day, before settling in for the closing price of $4.68. Over the past 52 weeks, GCI has traded in a range of $1.66-$5.93.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 16.23%. While this was happening, its average annual earnings per share was recorded -70.27%. With a float of $119.35 million, this company’s outstanding shares have now reached $148.94 million.
Let’s determine the extent of company efficiency that accounts for 12800 employees. In terms of profitability, gross margin is 32.56%, operating margin of 2.35%, and the pretax margin is -4.5%.
Gannett Co Inc (GCI) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Publishing Industry. The insider ownership of Gannett Co Inc is 19.04%, while institutional ownership is 65.33%. The most recent insider transaction that took place on Sep 13 ’24, was worth 225,000. In this transaction Director of this company bought 50,000 shares at a rate of $4.50, taking the stock ownership to the 1,089,663 shares. Before that another transaction happened on Nov 16 ’23, when Company’s Director bought 200,000 for $1.85, making the entire transaction worth $370,000. This insider now owns 1,008,799 shares in total.
Gannett Co Inc (GCI) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.16 earnings per share (EPS), lower than consensus estimate (set at 0.06) by -0.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -70.27% per share during the next fiscal year.
Gannett Co Inc (NYSE: GCI) Trading Performance Indicators
Take a look at Gannett Co Inc’s (GCI) current performance indicators. Last quarter, stock had a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.28. Likewise, its price to free cash flow for the trailing twelve months is 10.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.84, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of Gannett Co Inc (GCI)
Looking closely at Gannett Co Inc (NYSE: GCI), its last 5-days average volume was 2.91 million, which is a jump from its year-to-date volume of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 9.96%. Additionally, its Average True Range was 0.32.
During the past 100 days, Gannett Co Inc’s (GCI) raw stochastic average was set at 49.52%, which indicates a significant increase from 20.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.50% in the past 14 days, which was higher than the 71.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.29, while its 200-day Moving Average is $3.83. However, in the short run, Gannett Co Inc’s stock first resistance to watch stands at $5.11. Second resistance stands at $5.36. The third major resistance level sits at $5.57. If the price goes on to break the first support level at $4.65, it is likely to go to the next support level at $4.44. Should the price break the second support level, the third support level stands at $4.19.
Gannett Co Inc (NYSE: GCI) Key Stats
The company with the Market Capitalisation of 716.36 million has total of 147,600K Shares Outstanding. Its annual sales at the moment are 2,664 M in contrast with the sum of -27,790 K annual income. Company’s last quarter sales were recorded 639,840 K and last quarter income was 13,750 K.
