Gannett Co Inc (GCI): Today's Featured Media Laggard

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

Gannett ( GCI) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Gannett fell $0.23 (-1.1%) to $21.73 on average volume. Throughout the day, 2,163,897 shares of Gannett exchanged hands as compared to its average daily volume of 2,635,800 shares. The stock ranged in price between $21.54-$22.02 after having opened the day at $21.96 as compared to the previous trading day's close of $21.96. Other companies within the Media industry that declined today were: Envoy Capital Group ( ECGI), down 16.7%, Promotora de Informaciones SA/FI ( PRIS), down 6.6%, Point.360 ( PTSX), down 5.9% and Dolan ( DM), down 4.0%.
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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 $4.8 billion and is part of the services sector. The company has a P/E ratio of 10.8, below the S&P 500 P/E ratio of 17.7. Shares are up 17.3% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Gannett a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Gannett as a buy. 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.

On the positive front, YOU On Demand Holdings ( YOD), down 20.9%, Liberty Media Corporation ( LMCAD), down 11.6%, Liberty Media Corporation ( LMCA), down 11.6% and Spanish Broadcasting System ( SBSA), down 10.2% , were all gainers within the media industry with Charter Communications ( CHTR) being today's featured media industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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