Gannett Co., Inc. (GCI)
NYSE: GCI · Real-Time Price · USD
5.15
+0.15 (3.00%)
Nov 21, 2024, 3:59 PM EST - 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 5.37, with a low estimate of 5.00 and a high estimate of 6.00. The average target predicts an increase of 4.27% from the current stock price of 5.15.
Analyst Consensus: Buy
* Price targets were last updated on Sep 17, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Sell → Hold Upgrades $5.1 | Strong Sell → Hold | Upgrades | $5.1 | -0.97% | Sep 17, 2024 |
| Citigroup | Citigroup | Hold → Strong Sell Downgrades $5.1 | Hold → Strong Sell | Downgrades | $5.1 | -0.97% | Aug 28, 2024 |
| JMP Securities | JMP Securities | Buy Initiates $6 | Buy | Initiates | $6 | +16.50% | Jul 1, 2024 |
| Citigroup | Citigroup | Strong Sell → Hold Upgrades $1.95 → $3.6 | Strong Sell → Hold | Upgrades | $1.95 → $3.6 | -30.10% | May 24, 2024 |
| Compass Point | Compass Point | Strong Buy Initiates $5 | Strong Buy | Initiates | $5 | -2.91% | Dec 12, 2023 |
Financial Forecast
Revenue This Year
2.55B
from 2.66B
Decreased by -4.11%
Revenue Next Year
2.53B
from 2.55B
Decreased by -0.78%
EPS This Year
1.79
from -0.20
EPS Next Year
-0.12
from 1.79
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7B | 2.7B | 2.7B |
| Avg | 2.6B | 2.5B | 2.5B |
| Low | 2.5B | 2.4B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.1% | 4.8% | 6.7% |
| Avg | -4.1% | -0.8% | -0.1% |
| Low | -7.5% | -6.7% | -7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.45 | 0.19 | 0.32 |
| Avg | 1.79 | -0.12 | 0.16 |
| Low | -0.67 | -0.38 | 0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -89.4% | - |
| Avg | - | - | - |
| Low | - | - | - |
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.