Gannett Co., Inc. (GCI)
NYSE: GCI · IEX Real-Time Price · USD
4.650
-0.010 (-0.21%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Gannett Co. Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Gannett Co. stock have an average target of 4.87, with a low estimate of 3.60 and a high estimate of 6.00. The average target predicts an increase of 4.73% from the current stock price of 4.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Gannett Co. stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Initiates $6 | Buy | Initiates | $6 | +29.03% | Jul 1, 2024 |
| Citigroup | Citigroup | Strong Sell → Hold Upgrades $1.95 → $3.6 | Strong Sell → Hold | Upgrades | $1.95 → $3.6 | -22.58% | May 24, 2024 |
| Compass Point | Compass Point | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | +7.53% | Dec 12, 2023 |
| Citigroup | Citigroup | Strong Sell Maintains $2.6 → $1.7 | Strong Sell | Maintains | $2.6 → $1.7 | -63.44% | Mar 28, 2023 |
| Citigroup | Citigroup | Strong Sell Maintains $2.1 → $2.6 | Strong Sell | Maintains | $2.1 → $2.6 | -44.09% | Feb 28, 2023 |
Financial Forecast
Revenue This Year
2.61B
from 2.66B
Decreased by -1.97%
Revenue Next Year
2.60B
from 2.61B
Decreased by -0.27%
EPS This Year
-0.53
from -0.20
EPS Next Year
0.22
from -0.53
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7B | 2.8B | 2.8B |
| Avg | 2.6B | 2.6B | 2.6B |
| Low | 2.5B | 2.4B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8% | 5.9% | 7.8% |
| Avg | -2.0% | -0.3% | 0.5% |
| Low | -5.7% | -6.4% | -7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.48 | 0.31 | 0.49 |
| Avg | -0.53 | 0.22 | 0.38 |
| Low | -0.59 | 0.16 | 0.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 128.7% |
| Avg | - | - | 76.3% |
| Low | - | - | 22.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.