Gannett Co Inc (GCI): Today's Featured Media Laggard
(
) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Gannett fell $0.31 (-1.2%) to $26.22 on light volume. Throughout the day, 1,845,662 shares of Gannett exchanged hands as compared to its average daily volume of 3,575,800 shares. The stock ranged in price between $26.09-$26.70 after having opened the day at $26.61 as compared to the previous trading day's close of $26.53. Other companies within the Media industry that declined today were:
(
), down 14.3%,
(
), down 7.0%,
(
), down 6.2% and
(
), down 6.0%.
Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. It operates through three segments: Publishing, Digital, and Broadcasting. The Publishing Segment operates 82 U.S. Gannett has a market cap of $6.1 billion and is part of the services sector. Shares are up 48.0% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate Gannett a buy, 1 analyst rates it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Gannett
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Gannett Ratings Report.
On the positive front,
(
), up 7.3%,
(
), up 5.8%,
(
), up 4.2% and
(
), up 4.0%.
- Use our media section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider
(
) while those bearish on the media industry could consider
ProShares Ultra Sht Consumer Services
(
).
- Find other investment ideas from our top rated ETFs lists.
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