Gannett (NYSE:GCI) Earning Somewhat Positive News Coverage, Analysis Finds

Headlines about Gannett (NYSE:GCI) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gannett earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.3020383813609 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

GCI stock traded up $0.05 during midday trading on Thursday, reaching $9.98. The stock had a trading volume of 762,749 shares, compared to its average volume of 1,056,722. The company has a quick ratio of 1.10, a current ratio of 1.16 and a debt-to-equity ratio of 0.35. The firm has a market cap of $1,127.11, a price-to-earnings ratio of 166.33 and a beta of 1.00. Gannett has a twelve month low of $7.36 and a twelve month high of $12.38.

Gannett (NYSE:GCI) last issued its earnings results on Tuesday, February 20th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.09. Gannett had a return on equity of 13.29% and a net margin of 0.22%. The firm had revenue of $854.00 million for the quarter, compared to analysts’ expectations of $848.74 million. During the same quarter last year, the business earned $0.50 earnings per share. The company’s revenue was down 1.5% compared to the same quarter last year. sell-side analysts predict that Gannett will post 1.01 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, March 26th. Investors of record on Monday, March 12th were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 6.41%. The ex-dividend date of this dividend was Friday, March 9th. Gannett’s dividend payout ratio is presently 1,066.67%.

Separately, ValuEngine upgraded Gannett from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy”.

In other Gannett news, insider John M. Zidich sold 28,089 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $10.21, for a total transaction of $286,788.69. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Barbara W. Wall sold 10,954 shares of the business’s stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $10.43, for a total value of $114,250.22. Following the transaction, the senior vice president now directly owns 18,023 shares in the company, valued at approximately $187,979.89. The disclosure for this sale can be found here. In the last three months, insiders sold 78,673 shares of company stock worth $804,778. 0.74% of the stock is owned by insiders.

TRADEMARK VIOLATION NOTICE: “Gannett (NYSE:GCI) Earning Somewhat Positive News Coverage, Analysis Finds” was originally published by BBNS and is the property of of BBNS. If you are reading this piece on another website, it was illegally stolen and republished in violation of US & international copyright & trademark laws. The legal version of this piece can be read at https://baseballnewssource.com/2018/03/29/gannett-gci-receives-daily-news-sentiment-score-of-0-06/1971208.html.

About Gannett

Gannett Co, Inc operates as a media and marketing solutions company. The company operates through Publishing and ReachLocal segments. The company offers print and digital daily and non-daily publications under the USA TODAY NETWORK brand name in the United States; and Newsquest, which has print and online publications portfolio of approximately 170 news brands and 80 magazines in the United Kingdom.

Insider Buying and Selling by Quarter for Gannett (NYSE:GCI)

Receive News & Ratings for Gannett Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gannett and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Tampa Bay Starting Relievers In Place of Starters
Tampa Bay Starting Relievers In Place of Starters
Teen Juan Soto Hits Home Run in First At-Bat
Teen Juan Soto Hits Home Run in First At-Bat
Ji-Man Choi Receives Another Chance in Milwaukee
Ji-Man Choi Receives Another Chance in Milwaukee
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Strikeouts Once Again Plaguing Cubs
Strikeouts Once Again Plaguing Cubs
Atlanta Braves: A Mix of Young and Old
Atlanta Braves: A Mix of Young and Old


Leave a Reply

 
© 2006-2018 BBNS.