5 Stocks Pushing The Media Industry Lower

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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 20 points (-0.2%) at 12,795 as of Monday, Nov. 12, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,283 issues advancing vs. 1,555 declining with 129 unchanged.

The Media industry currently sits down 0.5% versus the S&P 500, which is down 0.1%.

TheStreet Ratings group would like to highlight 5 stocks pushing the industry lower today:

5. Gannett ( GCI) is one of the companies pushing the Media industry lower today. As of noon trading, Gannett is down $0.38 (-2.2%) to $16.74 on light volume Thus far, 501,719 shares of Gannett exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $16.73-$17.19 after having opened the day at $17.12 as compared to the previous trading day's close of $17.11.

Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. Its Publishing segment publishes 82 U.S. Gannett has a market cap of $3.8 billion and is part of the services sector. The company has a P/E ratio of 9.0, below the S&P 500 P/E ratio of 17.7. Shares are up 24.4% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Gannett a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Gannett as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Gannett Ratings Report now.

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