Tuesday, March 12, 2019

Gannett Company (GCI)

Why the shares are so appealing.

Gannett Co., Inc. operates as a news and information company. It operates in three segments: Publishing, Digital, and Broadcasting. 

Michael Kupinski, DOR, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

• Shares up
  26%. Since Dec 31, 2018, shares of GCI are up 26%, which we believe are reflective of the unsolicited takeover bid by MNG Enterprises. Despite the rise, we believe shares of GCI are compelling, offering an attractive total return and favorable risk/reward relationship. 
• Revenue
  trends should stabilize. The secular decline of the publishing industry is well-known. We believe the pace of the revenue declines should moderate given that print advertising accounts for a modest 30.2% of total revenue in 2018 and its digital business continues to grow. We believe that revenues shou… 

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NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.