Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Gannett fell $1.05 (-5.0%) to $19.98 on heavy volume. Throughout the day, 7,651,467 shares of Gannett exchanged hands as compared to its average daily volume of 2,716,900 shares. The stock ranged in price between $19.85-$21.28 after having opened the day at $21.18 as compared to the previous trading day's close of $21.03. Other companies within the Media industry that declined today were:
), down 7.4%,
), down 6.3%,
), down 4.7% and
), down 3.2%.
- EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
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 $4.7 billion and is part of the services sector. The company has a P/E ratio of 11.4, below the S&P 500 P/E ratio of 17.7. Shares are up 13.3% year to date as of the close of trading on Monday.
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, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Gannett Ratings Report.
On the positive front,
), down 10.8%,
), down 9.0%,
), down 7.1% and
), down 7.0% , were all gainers within the media industry with
) being today's featured media industry leader.
- 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
- Find other investment ideas from our top rated ETFs lists.
Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.