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 0.4%. By the end of trading, Gannett fell $0.70 (-3.3%) to $20.80 on heavy volume. Throughout the day, 3,871,968 shares of Gannett exchanged hands as compared to its average daily volume of 2,564,700 shares. The stock ranged in price between $20.31-$21.52 after having opened the day at $21.47 as compared to the previous trading day's close of $21.50. Other companies within the Media industry that declined today were: Pandora Media ( P), down 10.6%, Point.360 ( PTSX), down 9.1%, Charm Communications ( CHRM), down 8.8% and YOU On Demand Holdings ( YOD), down 7.0%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, 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 $5.0 billion and is part of the services sector. The company has a P/E ratio of 11.1, below the S&P 500 P/E ratio of 17.7. Shares are up 19.4% 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, Dolan ( DM), down 15.4%, Liberty Media Corporation ( LMCAD), down 13.9%, Liberty Media Corporation ( LMCA), down 13.9% and Envoy Capital Group ( ECGI), down 9.0% , were all gainers within the media industry with Thomson Reuters Corporation ( TRI) 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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Stocks Tumble as Trump Calls Off North Korea Summit

Stocks Tumble as Trump Calls Off North Korea Summit

Stocks Could Easily Crater Into Memorial Day Weekend

Stocks Could Easily Crater Into Memorial Day Weekend

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Celgene Shares Rise on Plans to Increase Stock Buybacks

Celgene Shares Rise on Plans to Increase Stock Buybacks

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern