Gannett
Market Cap
US$792.4m
Last Updated
2021/08/01 22:08 UTC
Data Sources
Company Financials +
Executive Summary
Gannett Co., Inc. operates as a media and marketing solutions company in the United States. More Details
Snowflake Analysis
Imperfect balance sheet and overvalued.
Similar Companies
Share Price & News
How has Gannett's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GCI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: GCI's weekly volatility has decreased from 13% to 8% over the past year.
Market Performance
7 Day Return
11.6%
GCI
0.7%
US Media
-0.4%
US Market
1 Year Return
289.9%
GCI
37.9%
US Media
35.9%
US Market
Return vs Industry: GCI exceeded the US Media industry which returned 38.2% over the past year.
Return vs Market: GCI exceeded the US Market which returned 35.9% over the past year.
Shareholder returns
| GCI | Industry | Market | |
|---|---|---|---|
| 7 Day | 11.6% | 0.7% | -0.4% |
| 30 Day | 11.4% | -0.9% | -0.3% |
| 90 Day | 24.9% | 2.7% | 3.1% |
| 1 Year | 289.9%289.9% | 39.5%37.9% | 38.0%35.9% |
| 3 Year | -56.8%-64.9% | 68.9%61.8% | 62.9%52.7% |
| 5 Year | -50.9%-66.9% | 82.5%69.4% | 121.3%96.9% |
Long-Term Price Volatility Vs. Market
How volatile is Gannett's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Is Gannett's (NYSE:GCI) 290% Share Price Increase Well Justified?4 weeks ago | Simply Wall St
How Much Of Gannett Co., Inc. (NYSE:GCI) Do Insiders Own?1 month ago | Simply Wall St
Is Gannett (NYSE:GCI) Using Too Much Debt?Valuation
Is Gannett undervalued compared to its fair value and its price relative to the market?
1.46x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: GCI ($5.77) is trading above our estimate of fair value ($0.49)
Significantly Below Fair Value: GCI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GCI is unprofitable, so we can't compare its PE Ratio to the US Media industry average.
PE vs Market: GCI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GCI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GCI is good value based on its PB Ratio (1.5x) compared to the US Media industry average (2x).
Future Growth
How is Gannett forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
84.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GCI is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: GCI is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: GCI is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: GCI's revenue is expected to decline over the next 3 years (-5.6% per year).
High Growth Revenue: GCI's revenue is forecast to decline over the next 3 years (-5.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GCI is forecast to be unprofitable in 3 years.
Past Performance
How has Gannett performed over the past 5 years?
-86.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GCI is currently unprofitable.
Growing Profit Margin: GCI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GCI is unprofitable, and losses have increased over the past 5 years at a rate of 86.4% per year.
Accelerating Growth: Unable to compare GCI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GCI is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (56.9%).
Return on Equity
High ROE: GCI has a negative Return on Equity (-136.02%), as it is currently unprofitable.
Financial Health
How is Gannett's financial position?
Financial Position Analysis
Short Term Liabilities: GCI's short term assets ($590.0M) do not cover its short term liabilities ($697.5M).
Long Term Liabilities: GCI's short term assets ($590.0M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: GCI's debt to equity ratio (252.5%) is considered high.
Reducing Debt: GCI's debt to equity ratio has increased from 55.5% to 252.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GCI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GCI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.7% per year.
Dividend
What is Gannett current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GCI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GCI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GCI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GCI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GCI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GCI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Mike Reed (55 yo)
7.67yrs
Tenure
Mr. Michael E. Reed, also known as Mike, has been Chief Executive Officer and President at Gannett Co., Inc. (NYSE: GCI) (formerly New Media Investment Group Inc.) since November 26, 2013 and serves as its...
Leadership Team
Experienced Management: GCI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: GCI's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GCI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.7%.
Top Shareholders
Company Information
Gannett Co., Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gannett Co., Inc.
- Ticker: GCI
- Exchange: NYSE
- Founded: 1906
- Industry: Publishing
- Sector: Media
- Market Cap: US$792.370m
- Shares outstanding: 137.33m
- Website: https://www.gannett.com
Number of Employees
Location
- Gannett Co., Inc.
- 7950 Jones Branch Drive
- McLean
- Virginia
- 22107-0150
- United States
Listings
Biography
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 in...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/01 22:08 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.