Communication Services -
Publishing - NYSE - US
$ 2.72
-4.23 %
$ 401 M
Market Cap
-15.11
P/E
1. INTRINSIC VALUE
Balance Sheet
Gannett Co., Inc.
| Current Assets | 426 M |
| Cash & Short-Term Investments | 106 M |
| Receivables | 240 M |
| Other Current Assets | 80 M |
| Non-Current Assets | 1.61 B |
| Long-Term Investments | 0 |
| PP&E | 385 M |
| Other Non-Current Assets | 1.23 B |
| Current Liabilities | 546 M |
| Accounts Payable | 154 M |
| Short-Term Debt | 114 M |
| Other Current Liabilities | 277 M |
| Non-Current Liabilities | 1.34 B |
| Long-Term Debt | 1.17 B |
| Other Non-Current Liabilities | 169 M |
EFFICIENCY
Earnings Waterfall
Gannett Co., Inc.
| Revenue | 2.51 B |
| Cost Of Revenue | 0 |
| Gross Profit | 2.51 B |
| Operating Expenses | 2.55 B |
| Operating Income | -42.8 M |
| Other Expenses | -16.5 M |
| Net Income | -26.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Gannett Co., Inc.
| Net Income | -26.4 M |
| Depreciation & Amortization | 156 M |
| Capital Expenditures | -49.5 M |
| Stock-Based Compensation | 12.5 M |
| Change in Working Capital | 16.9 M |
| Others | -27.8 M |
| Free Cash Flow | 50.8 M |
Wall Street Analysts Price Targets
Gannett Co., Inc.
Wall Street analysts predict an average 1-year price target for GCI of $4.97 , with forecasts ranging from
a
low of
$2.65 to a high of $6 .
GCI Lowest Price Target
Wall Street Target
2.65 USD
-2.57%
GCI Average Price Target
Wall Street Target
4.97 USD
82.72%
GCI Highest Price Target
Wall Street Target
6 USD
120.59%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.38 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Gannett Co., Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
225 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Gannett Co., Inc.: A Deep Value Turnaround With Hidden Optionality
Gannett is a business on the right track, currently offered by Mr. Market at a depressed valuation with attractive optionality and multiple catalysts. They are in the middle of turning the business into digital, which could eventually lead to multiple expansion. Gannett is involved in an ongoing legal case against Google which, depending on the outcome, could result in a meaningful cash inflow.
seekingalpha.com
- 1 week ago
2025 Golfweek Tech Lab Presented by T-Mobile for Business Announced
New York, NY--(BUSINESS WIRE)--Golfweek, Gannett Co., Inc.'s (NYSE: GCI) leading golf publication announced the return of the Golfweek Tech Lab presented by T-Mobile for Business. The second annual exclusive industry event will take place May 12-13 at the JW Marriott Charlotte, prior to the PGA Championship at the renowned Quail Hollow Club. In collaboration with underdog venture team, Golfweek Tech Lab presented by T-Mobile for Business brings together top leaders from the startup, venture inv.
businesswire.com
- 2 weeks ago
Trisha Gosser Appointed Gannett Chief Financial Officer
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) announced today that Trisha Gosser will assume the role of Chief Financial Officer effective immediately. In her role, Gosser will lead the company's finance functions including investor relations, financial planning and analysis as well as audit and compliance reporting to Gannett Chief Executive Officer Michael Reed. “I am energized to step into the Chief Financial Officer role and to partner with senior leaders across Gannett to dr.
businesswire.com
- 3 weeks ago
Gannett Announces Additional Debt Reduction
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) announced today it has prepaid approximately $57.5 million on its five-year first lien term loan facility (the "2029 Term Loan Facility"). As a result of this prepayment, the Company has reduced its first lien debt from $850.0 million to $792.5 million during the first quarter of 2025. The debt repayment was funded with the proceeds from the sale of the Austin-American Statesmen that wa.
businesswire.com
- 1 month ago
LocaliQ Announces George Schoenstein as Chief Marketing Officer
NEW YORK, NY--(BUSINESS WIRE)--LocaliQ, Gannett Co., Inc.'s (NYSE: GCI) Digital Marketing Solutions (DMS) business, welcomes George Schoenstein as he joins the DMS Leadership Team as Senior Vice President, Chief Marketing Officer today. Schoenstein will spearhead the platform's marketing initiatives and accelerate the company's growth trajectory. He will report directly to LocaliQ General Manager Bill Scanlon. “I am eager to bring my vision for enhancing LocaliQ's brand presence in the digital.
businesswire.com
- 1 month ago
Gannett to Participate at Deutsche Bank 33rd Annual Media, Internet & Telecom Conference
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chief Financial Officer, Doug Horne, will participate at the following conference: Deutsche Bank 33rd Annual Media, Internet & Telecom Conference Monday, March 10, 2025 One-on-one investor meetings throughout the day Palm Beach, Florida About Gannett Gannett Co., Inc. (NYSE: GCI) is a diversified media company with expansive reach at the national and local level d.
businesswire.com
- 1 month ago
USA TODAY Announces 2025 Women of the Year in Celebration of Women's History Month
NEW YORK, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), announced today the 2025 Women of the Year. Each honoree demonstrates the power and resilience of women who break barriers, uplift their communities, drive industries and beyond. Representing a diverse group from fields including business, athletics, entertainment, broadcast media and more, these trailblazers forge the way for future generations. In honor of Women's History Month throughout the month of March, USA.
businesswire.com
- 1 month ago
Gannett to Present at the Citizens JMP Technology Conference
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (“Gannett”, “we”, “our”, or the “Company”) (NYSE: GCI) today announced that its Chairman and Chief Executive Officer, Michael Reed, will participate at the following conference: The Citizens JMP Technology Conference Monday, March 3, 2025 10:00 a.m. ET / 1:00 p.m. PT San Francisco, California The video webcast of the conference will be accessible through the Investor Relations section of our website under the News and Events – Event Calendar sect.
businesswire.com
- 1 month ago
Gannett Co., Inc. (GCI) Q4 2024 Earnings Call Transcript
Gannett Co., Inc. (GCI) Q4 2024 Earnings Call Transcript
seekingalpha.com
- 1 month ago
Gannett Announces Fourth Quarter 2024 Results & Business Outlook
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the fourth quarter ended December 31, 2024. "In 2024, we made continued strong progress executing on our strategy to advance our digital transformation, resulting in total digital revenues exceeding 45% of total revenues in the fourth quarter, and amounting to over $1.1 billion for the year. Equally important, we expanded our audience, improved e.
businesswire.com
- 1 month ago
Gannett Announces Asset Purchase Agreement With Hearst
NEW YORK, NY--(BUSINESS WIRE)--Gannett Co., Inc. (NYSE: GCI) has entered into an asset purchase agreement with Hearst, a leading global diversified information services and media company, to divest the Austin American-Statesman from the USA TODAY Network portfolio of over 200 local publications across the country. The award-winning Austin American-Statesman is a trusted source for exceptional journalism and a pillar in the Austin community, serving local businesses and brands with innovative st.
businesswire.com
- 1 month ago
USA TODAY Movie Meter Opens for Rating
New York, NY--(BUSINESS WIRE)--USA TODAY, part of Gannett Co., Inc. (NYSE: GCI), officially launched the first-ever USA TODAY Movie Meter, a new platform that empowers movie enthusiasts to rate which film they believe deserves to be awarded “Film of the Year.” Placing emphasis on the opinions of everyday movie lovers, USA TODAY Movie Meter gauges audience sentiment towards the esteemed films nominated in the Best Picture category by the Academy of Motion Picture Arts and Sciences for the Academ.
businesswire.com
- 1 month ago
8. Profile
Summary
Gannett Co., Inc. GCI
COUNTRY
US
INDUSTRY
Publishing
MARKET CAP
$ 401 M
Dividend Yield
0.00%
Description
Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through two segments, Publishing and Digital Marketing Solutions. The company's principal products include 230 daily print media with total paid circulation of approximately 1.9 million and Sunday circulation of 2.2 million; 249 weekly print media with total circulation of approximately 1.4 million; and 292 locally-focused websites. Its principal products also comprise 123 daily and weekly news media brands and approximately 80 magazines, and related digital platforms; sports network, as well as Reviewed.com, an affiliate marketing service; and USA TODAY NETWORK, a community events platform. The company also offers digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions. In addition, it produces niche publications that address specific local market interests, such as recreation, sports, healthcare, and real estate. Further, the company offers local market news and information, as well as advertising and subscriptions, and commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was incorporated in 2013 and is headquartered in McLean, Virginia.
Contact
7950 Jones Branch Drive, McLean, VA, 22107-0150
https://www.gannett.com
IPO
Date
Feb. 4, 2014
Employees
11700
Officers
Mr. Jason Taylor
Chief Sales Officer of Gannett Media
Mr. Jay Fogarty
Senior Vice President of Corporate Development
Mr. Michael E. Reed
Chairman, Chief Executive Officer & President
Ms. Polly Grunfeld Sack Esq.
Chief Legal Officer
Ms. Samantha Howland
Chief People Officer
Ms. Trisha Gosser
Chief Financial Officer, Senior Vice President- Finance & Investor Relations
Ms. Cindy Gallagher
Controller, Chief Accounting Officer & Principal Accounting Officer
Mr. Vincent Cirel
Chief Technology Officer
Matthew Esposito
Head of Investor Relations
Ms. Lark-Marie Anton
Chief Communications Officer