Tuesday, November 24, 2020

Gannett Media Corp. [GCI] moved up 2.10: Why It’s Important

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Gannett Media Corp. [NYSE: GCI] traded at a high on 09/22/20, posting a 2.10 gain after which it closed the day’ session at $1.46.

The results of the trading session contributed to over 2396788 shares changing hands. Over the past one week, the price volatility of Gannett Media Corp. stands at 7.37% while the volatility over the past one month is 8.13%.


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The market cap for GCI stock reached $196.50 million, with 131.47 million shares outstanding and 127.64 million shares in the current float. Compared to the average trading volume of 2.33M shares, GCI reached a trading volume of 2396788 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Gannett Media Corp. [GCI]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GCI shares is $1.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GCI stock is a recommendation set at 4.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Gannett Media Corp. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on April 06, 2020. The new note on the price target was released on July 06, 2018, representing the official price target for Gannett Media Corp. stock. On November 02, 2016, analysts decreased their price target for GCI shares from 19 to 16.

The Average True Range (ATR) for Gannett Media Corp. is set at 0.13, with the Price to Sales ratio for GCI stock in the period of the last 12 months amounting to 0.07. The Price to Book ratio for the last quarter was 0.42, with the Price to Cash per share for the same quarter was set at 1.18.

How has GCI stock performed recently?

Gannett Media Corp. [GCI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -9.32. With this latest performance, GCI shares dropped by -5.81% in over the last four-week period, additionally sinking by -25.89% over the last 6 months – not to mention a drop of -84.93% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GCI stock in for the last two-week period is set at 39.78, with the RSI for the last a single of trading hit 34.03, and the three-weeks RSI is set at 43.83 for Gannett Media Corp. [GCI]. The present Moving Average for the last 50 days of trading for this stock 1.5994, while it was recorded at 1.5340 for the last single week of trading, and 2.9184 for the last 200 days.

Gannett Media Corp. [GCI]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Gannett Media Corp. [GCI] shares currently have an operating margin of +3.72 and a Gross Margin at +36.21. Gannett Media Corp.’s Net Margin is presently recorded at -6.42.

Return on Total Capital for GCI is now 3.37, given the latest momentum, and Return on Invested Capital for the company is -5.90. Return on Equity for this stock declined to -14.11, with Return on Assets sitting at -4.39. When it comes to the capital structure of this company, Gannett Media Corp. [GCI] has a Total Debt to Total Equity ratio set at 201.82. Additionally, GCI Total Debt to Total Capital is recorded at 66.87, with Total Debt to Total Assets ending up at 49.27. Long-Term Debt to Equity for the company is recorded at 197.41, with the Long-Term Debt to Total Capital now at 65.41.

Reflecting on the efficiency of the workforce at the company, Gannett Media Corp. [GCI] managed to generate an average of -$5,638 per employee. Receivables Turnover for the company is 6.10 with a Total Asset Turnover recorded at a value of 0.68.Gannett Media Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

Earnings analysis for Gannett Media Corp. [GCI]

With the latest financial reports released by the company, Gannett Media Corp. posted -0.31/share EPS, while the average EPS was predicted by analysts to be reported at 0.12/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -358.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GCI.

Insider trade positions for Gannett Media Corp. [GCI]

There are presently around $126 million, or 64.00% of GCI stock, in the hands of institutional investors. The top three institutional holders of GCI stocks are: BLACKROCK INC. with ownership of 18,357,206, which is approximately -6.578% of the company’s market cap and around 1.60% of the total institutional ownership; VANGUARD GROUP INC, holding 10,653,601 shares of the stock with an approximate value of $15.55 million in GCI stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $10.62 million in GCI stock with ownership of nearly -22.996% of the company’s market capitalization.

Positions in Gannett Media Corp. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 73 institutional holders increased their position in Gannett Media Corp. [NYSE:GCI] by around 7,546,613 shares. Additionally, 111 investors decreased positions by around 33,415,242 shares, while 36 investors held positions by with 45,405,504 shares. The mentioned changes placed institutional holdings at 86,367,359 shares, according to the latest SEC report filing. GCI stock had 22 new institutional investments in for a total of 567,460 shares, while 43 institutional investors sold positions of 11,122,616 shares during the same period.

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