Gannett Co Stock Price on May 4, 2024
| GCI Stock | USD 3.40 0.08 2.30% |
Below is the normalized historical share price chart for Gannett Co extending back to February 04, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gannett stands at 3.40, as last reported on the 23rd of May, with the highest price reaching 3.54 and the lowest price hitting 3.39 during the day.
If you're considering investing in Gannett Stock, it is important to understand the factors that can impact its price. Gannett appears to be risky, given 3 months investment horizon. Gannett holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. By evaluating Gannett's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please utilize Gannett's Market Risk Adjusted Performance of 0.3498, downside deviation of 3.43, and Risk Adjusted Performance of 0.0981 to validate if our risk estimates are consistent with your expectations.
As of now, Gannett's Stock Based Compensation To Revenue is increasing as compared to previous years. . The current Price To Sales Ratio is estimated to decrease to 0.11. The current Price Earnings Ratio is estimated to decrease to -12.13. Gannett Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of February 2014 | 200 Day MA 2.459 | 50 Day MA 2.6204 | Beta 2.322 |
Gannett |
Sharpe Ratio = 0.192
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Estimated Market Risk
| 4.54 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Gannett is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gannett by adding it to a well-diversified portfolio.
Price Book 1.1145 | Enterprise Value Ebitda 5.7721 | Price Sales 0.133 | Shares Float 99.9 M | Wall Street Target Price 3.48 |
Gannett Main Headline on 3rd of May 2024
Earnings call Gannett reports robust digital growth in Q1 20... by investing.com
Earnings call Gannett reports robust digital growth in Q1 2024
Gannett Valuation on May 4, 2024
It is possible to determine the worth of Gannett on a given historical date. On May 4, 2024 Gannett was worth 3.13 at the beginning of the trading date compared to the closed value of 3.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gannett stock. Still, in general, we apply an absolute valuation method to find Gannett's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gannett where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gannett's related companies.
| Open | High | Low | Close | Volume | |
| 2.59 | 3.19 | 2.59 | 3.06 | 4,719,751 | |
05/03/2024 | 3.13 | 3.22 | 3.03 | 3.17 | 3,085,614 |
| 3.19 | 3.26 | 3.15 | 3.17 | 1,938,627 |
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Gannett Trading Date Momentum on May 4, 2024
| On May 06 2024 Gannett Co was traded for 3.17 at the closing time. Highest Gannett's price during the trading hours was 3.26 and the lowest price during the day was 3.15 . The net volume was 1.9 M. The overall trading history on the 6th of May did not cause price change. The overall trading delta to current price is 1.58% . |
Gannett Fundamentals Correlations and Trends
By evaluating Gannett's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gannett's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gannett financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gannett Stock history
Gannett investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gannett is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gannett will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gannett stock prices may prove useful in developing a viable investing in Gannett
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 139.6 M | 75.7 M | |
| Net Loss | -70.2 M | -73.7 M |
Gannett Stock Technical Analysis
Gannett technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Gannett Period Price Range
Low | May 3, 2024
| High |
3.13 | 3.17 |
Gannett May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Gannett stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gannett shares will generate the highest return on investment. By undertsting and applying Gannett stock market strength indicators, traders can identify Gannett Co entry and exit signals to maximize returns
Gannett Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gannett's price direction in advance. Along with the technical and fundamental analysis of Gannett Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gannett to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0981 | |||
| Jensen Alpha | 0.5746 | |||
| Total Risk Alpha | 0.1634 | |||
| Sortino Ratio | 0.1897 | |||
| Treynor Ratio | 0.3398 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gannett Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Gannett information on this page should be used as a complementary analysis to other Gannett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Gannett Stock analysis
When running Gannett's price analysis, check to measure Gannett's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gannett is operating at the current time. Most of Gannett's value examination focuses on studying past and present price action to predict the probability of Gannett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gannett's price. Additionally, you may evaluate how the addition of Gannett to your portfolios can decrease your overall portfolio volatility.
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Is Gannett's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gannett. If investors know Gannett will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gannett listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.87) | Revenue Per Share 18.743 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0253 | Return On Equity (0.44) |
The market value of Gannett is measured differently than its book value, which is the value of Gannett that is recorded on the company's balance sheet. Investors also form their own opinion of Gannett's value that differs from its market value or its book value, called intrinsic value, which is Gannett's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gannett's market value can be influenced by many factors that don't directly affect Gannett's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gannett's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gannett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gannett's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.