The Gannett Co. Inc. (NYSE:GCI) is going up by 0.41% in today’s trading session, a rise equivalent to 0.04% of the stock’s price from yesterday’s market close. A news came out on 11/14/19 stating that RadNet Set to Join S&P SmallCap 600 by WSJ. The lowest point that the shares touched during the trading session was $9.67, while the peak of the day was recorded at a share price of $9.73. GCI finished the previous session at $9.68 according to the data provided by Barchart, while the trading volume was observed to be $778832.
In the 100 days of trading, GCI managed to top a 10.15% Moving average. Additionally, Gannett Co. Inc. shares have achieved a 52-week range between 7.41 and 11.99 alongside 100 days raw stochastic set at 53.91%.
The number of shares outstanding, according to the fundamentals of the company, is set at 115.98M, equal to the value of $1.12B in market capitalization. In the last 30 days, Gannett Co. Inc. shares went down by -13.69%, adding 11.25 to growth in value, on top of a +0.62% boost since 10/18/19.
Gannett Co. Inc. (NYSE:GCI) Analyst’s Estimates
Gannett Co. Inc. (GCI) could record at least $0.24 per share in quarterly earnings in the upcoming report on 02/18/2020, a number that would actually represent an increase of 0.58 YOY.
According to the average analyst rating, Gannett Co. Inc. would be rated as Underweight. Out of 2 different analysts monitoring GCI stock, 0 analysts rate the stock as a BUY, 1 suggest to give the rating of HOLD, 0 indicate that GCI is an OVERWEIGHT, 1 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On July 06, 2018, the stock earned a Downgrade rating due to a new analyst call from JP Morgan, while analysts from Argus believe that the stock is set at Hold from Buy, as concluded on February 13, 2017. Noble Financial, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on November 02, 2016.
Regardless of the rating, Argus did increase their price to $20 as they are considering target share price analysis. Cantor Fitzgerald, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on October 08, 2015, giving the stock a Buy rating.
GCI Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +33.34% has been attained, while the operating margin has been recorded at +5.88%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 0.60%. Beta value of the stock is recorded at 1.27. Additionally, Gannett Co. Inc. is recording price volatility of 1.93% for the period of the last seven days and 1.86% in the last 30 days.
Gannett Co. Inc. (NYSE:GCI) Technical Outlook
For the period of the last 50 days, Gannett Co. Inc. had its Raw Stochastic average set at 3.75% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 3.75%. Stochastic %K for Gannett Co. Inc., with the last 20 days included, was set at 1.67%, having Stochastic %D topping 1.90%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Gannett Co. Inc. stocks with recording 13.48% in metrics.
Gannett Co. Inc. Insider Watch:
Similarly, 123.99% of the company’s float is held by institutions – and there are 355 institutions in total holding shares of this company. The top three institutional holders of GCI stocks are: Blackrock Inc. with ownership of $180.95 million, which is approximately 16848149 of the company’s shares; Vanguard Group, Inc. (The), holding 12471984 shares of the stock with an approximate value of $133.95 million; and Dimensional Fund Advisors LP, currently with more than 9320021 shares of the company valued at $100.1 million. Positions in Gannett Co. Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 2 insider purchases amounting to 21430 shares.