News articles about Gannett Co (NYSE:GCI) have been trending positive recently, according to Alpha One. Alpha One, a unit of Accern, rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gannett Co earned a media sentiment score of 0.36 on Alpha One’s scale. Alpha One also gave press coverage about the company an impact score of 97 out of 100, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have effected AlphaOne Sentiment Analysis’s rankings:
- What's in Store for Gannett (GCI) Stock in Q1 Earnings? (finance.yahoo.com)
- Gannett (GCI) AcquiresSweetIQ Analytics (streetinsider.com)
- Gannett Acquires Location and Reputation Management Software Company SweetIQ Analytics Corp. (finance.yahoo.com)
- Gannett Co., Inc. breached its 50 day moving average in a Bullish Manner : GCI-US : April 20, 2017 (finance.yahoo.com)
- Gannett Co (GCI) Getting Somewhat Negative Press Coverage, Study Shows (americanbankingnews.com)
Shares of Gannett Co (NYSE:GCI) traded up 1.71% during midday trading on Friday, reaching $8.91. 1,126,046 shares of the company’s stock were exchanged. Gannett Co has a 1-year low of $7.30 and a 1-year high of $17.72. The firm has a 50-day moving average of $8.17 and a 200-day moving average of $9.26. The company has a market capitalization of $1.01 billion, a PE ratio of 20.25 and a beta of 0.73.
Gannett Co (NYSE:GCI) last released its quarterly earnings results on Thursday, February 9th. The company reported $0.50 EPS for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.08. The company had revenue of $867 million for the quarter, compared to analyst estimates of $847.33 million. Gannett Co had a return on equity of 12.56% and a net margin of 1.44%. Gannett Co’s revenue was up 17.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.53 earnings per share. Equities analysts expect that Gannett Co will post $0.94 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 24th. Stockholders of record on Friday, March 10th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.18%. The ex-dividend date was Wednesday, March 8th. Gannett Co’s dividend payout ratio is currently 177.78%.
Separately, Zacks Investment Research raised shares of Gannett Co from a “sell” rating to a “hold” rating in a report on Wednesday, April 12th.
About Gannett Co
Gannett Co, Inc is a media company. The Company operates as a newspaper publisher in the United States. As of December 25, 2016, it owned ReachLocal, Inc (ReachLocal), a digital marketing solutions company; the USA TODAY NETWORK (made up of USA TODAY including digital sites and affiliates (USAT) and 109 local media organizations in 34 states in the United States and Guam), and Newsquest Media Group Ltd.
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