Gannett Co Inc (NYSE: GCI) is -29.64% lower on its value in year-to-date trading and has touched a low of $2.55 and a high of $5.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GCI stock was last observed hovering at around $3.57 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $3.56, the stock is 0.66% and 7.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing -0.28% at the moment leaves the stock -20.29% off its SMA200. GCI registered -15.84% loss for a year compared to 6-month loss of -34.68%. The firm has a 50-day simple moving average (SMA 50) of $3.3024 and a 200-day simple moving average (SMA200) of $4.4661.
The stock witnessed a 1.14% gain in the last 1 month and extending the period to 3 months gives it a 10.90%, and is 3.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.63% over the week and 1.95% over the month.
Gannett Co Inc (GCI) has around 8900 employees, a market worth around $521.32M and $2.45B in sales. Current P/E ratio is 11.67. Profit margin for the company is 2.09%. Distance from 52-week low is 39.61% and -39.97% from its 52-week high. The company has generated returns on investments over the last 12 months (4.09%).
The EPS is expected to shrink by -108.44% this year.
Gannett Co Inc (GCI) Top Institutional Holders
242.0 institutions hold shares in Gannett Co Inc (GCI), with institutional investors hold 86.84% of the company’s shares. The shares outstanding are 146.66M, and float is at 119.74M with Short Float at 10.35%. Institutions hold 82.45% of the Float.
The top institutional shareholder in the company is APOLLO MANAGEMENT HOLDINGS, L.P. with over 13.17 million shares valued at $60.69 million. The investor’s holdings represent 9.218% of the GCI Shares outstanding. As of 2024-06-30, the second largest holder is ALTA FUNDAMENTAL ADVISERS LLC with 13.15 million shares valued at $60.61 million to account for 9.2045 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.49 million shares representing 7.3463% and valued at over $48.37 million, while VANGUARD GROUP INC holds 5.6217 of the shares totaling 8.03 million with a market value of $37.01 million.
Gannett Co Inc (GCI) Insider Activity
Still, SEC filings show that on May 08 ’25, Horne Douglas Edward (Former Officer) Proposed Sale 75,000 shares at an average price of $3.41 for $0.26 million. The insider now directly holds shares of Gannett Co Inc (GCI).
