Gannett Co., Inc. (GCI)

Market Cap	494.29M
Revenue (ttm)	2.63B
Net Income (ttm)	-37.95M
Shares Out	147.55M
EPS (ttm)	-0.87
PE Ratio	n/a
Forward PE	30.43
Dividend	n/a
Ex-Dividend Date	n/a

Volume	814,454
Open	3.400
Previous Close	3.360
Day's Range	3.285 - 3.400
52-Week Range	1.660 - 3.600
Beta	2.32
Analysts	Strong Buy
Price Target	5.00 (+49.25%)
Earnings Date	May 2, 2024

About GCI

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications. It also provides digital-only subscription, including local media brands, USA TODAY NETWORK community events platform, magazines, sports, and games; and E-newspapers; and digital advertising and mar...

• Industry: Publishing
• Sector: Communication Services
• Founded: 1997
• Employees: 12,800
• Stock Exchange: NYSE
• Ticker Symbol: GCI

Financial Performance

In 2023, Gannett Co.'s revenue was $2.66 billion, a decrease of -9.57% compared to the previous year's $2.95 billion. Losses were -$27.79 million, -64.37% less than in 2022.

Analyst Forecast

According to one analyst, the rating for GCI stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target

$5.0

(49.25% upside)

Analyst Consensus: Strong Buy