Gannett Co Inc (NYSE: GCI) on Tuesday, soared 10.60% from the previous trading day, before settling in for the closing price of $3.68. Within the past 52 weeks, GCI’s price has moved between $2.55 and $5.91.
A company in the Communication Services sector has jumped its sales by 36.36% annually for the last half of the decade. The company achieved an average annual earnings per share of -115.71%. With a float of $119.81 million, this company’s outstanding shares have now reached $146.63 million.
Gannett Co Inc (GCI) Insider and Institutional Ownership
Observing investor behavior towards Publishing industry stocks is more important than anything else. The insider ownership of Gannett Co Inc is 18.28%, while institutional ownership is 77.15%. The most recent insider transaction that took place on Jun 02 ’25, was worth 343,063. Before that another transaction happened on May 09 ’25, when Company’s Former Officer proposed sale 155,000 for $3.53, making the entire transaction worth $546,927.
Gannett Co Inc (GCI) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.14 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.1) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -115.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.12% during the next five years compared to 36.36% growth over the previous five years of trading.
Gannett Co Inc (NYSE: GCI) Trading Performance Indicators
Gannett Co Inc (GCI) is currently performing well based on its current performance indicators. A quick ratio of 0.70 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25. Likewise, its price to free cash flow for the trailing twelve months is 14.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.65, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 0.05 in one year’s time.
Technical Analysis of Gannett Co Inc (GCI)
Let’s dig in a bit further. During the last 5-days, its volume was 2.09 million. That was better than the volume of 1.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 62.37%.
During the past 100 days, Gannett Co Inc’s (GCI) raw stochastic average was set at 70.77%, which indicates a significant increase from 67.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.21 in the past 14 days, which was higher than the 0.18 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.03, while its 200-day Moving Average is $3.80. However, in the short run, Gannett Co Inc’s stock first resistance to watch stands at $4.42. Second resistance stands at $4.77. The third major resistance level sits at $5.16. If the price goes on to break the first support level at $3.68, it is likely to go to the next support level at $3.29. The third support level lies at $2.94 if the price breaches the second support level.
Gannett Co Inc (NYSE: GCI) Key Stats
Market capitalization of the company is 596.73 million based on 146,617K outstanding shares. Right now, sales total 2,509 M and income totals -26,350 K. The company made 584,860 K in profit during its latest quarter, and 78,390 K in sales during its previous quarter.
