Citigroup resumed coverage of Gannett with a rating of Sell
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/17/2024 | $5.09 | Sell → Neutral | Citigroup |
| 8/28/2024 | Neutral → Sell | Citigroup | |
| 7/1/2024 | $6.00 | Mkt Outperform | JMP Securities |
| 5/24/2024 | $1.95 → $3.60 | Sell → Neutral | Citigroup |
| 12/12/2023 | $5.00 | Buy | Compass Point |
10-Q - Gannett Co., Inc. (0001579684) (Filer)
8-K - Gannett Co., Inc. (0001579684) (Filer)
8-K - Gannett Co., Inc. (0001579684) (Filer)
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the third quarter ended September 30, 2024. "We continued to make solid progress on our key priorities in the third quarter while delivering another quarter of year-over-year Adjusted EBITDA growth. Three out of four digital revenue categories experienced further trend improvement year-over-year, and as a result, total digital revenues surpassed 45% of total revenues, representing an all-time high. These results reinforce our belief that we have created a sustainable pathway for ongoing growth moving forward. We also significantly increased our free cash flow by 168% year-
Gannett Co., Inc. ("Gannett", "we", "our", or the "Company") (NYSE:GCI) announced today that its previously announced (a) offer to exchange (the "Exchange Offer") any and all outstanding 6.000% Senior Secured Notes due 2026 (the "Notes") of its wholly-owned subsidiary, Gannett Holdings LLC ("Gannett Holdings"), and (b) the related consent solicitation made by Gannett and Gannett Holdings (the "Consent Solicitation") to adopt certain amendments to the indenture governing the Notes (the "Proposed Amendments"), expired at 5:00 p.m., New York City time, on October 25, 2024. The initial settlement for the Notes that were validly tendered (and not validly withdrawn) at or prior to 5:00 p.m., New
Gannett Co., Inc. ("Gannett") (NYSE:GCI) announced today that it will release its third quarter 2024 financial results on Thursday, October 31, 2024, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, October 31, 2024 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-888-506-0062 (from within the U.S.) or 1-973-528-0011 (from outside of the U.S.) ten minutes pri
LAS VEGAS, June 13, 2024 /PRNewswire/ -- SEICon LLC, a first-of-its-kind conference featuring 120 thought leaders and subject matter experts from the sports, entertainment, and innovation sectors, is pleased to announce USA TODAY Sports as its presenting sponsor in collaboration with UNLV Sports Innovation Institute and Syracuse University's Falk College of Sport and Human Dynamics. SEICon 2024 is pleased to announce USA TODAY Sports as its presenting sponsor.The inaugural three-day conference will be held at the Virgin Hotels Las Vegas from July 15-17, 2024. Attendees will ha
Digital Product Leader Maha Al-Emam Nominated to Join the Board in June Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today announced that its Board of Directors has nominated Maha Al-Emam , a former advisor for Warner Bros. Discovery Global Brand Franchise and also formerly a digital product leader at Apple, Inc., NBCUniversal Media, LLC, and Bloomberg, LP, for election to the Company's Board of Directors at its upcoming annual meeting of stockholders on June 3, 2024. If elected, Ms. Al-Emam will join the Board of Directors as of such date. In addition, Maria M. Miller will not stand for re-election at Gannett's 2024 Annual Meeting of Stockholders. This p
Richardson brings 30 years of experience in journalism and numerous accolades to Gannett Gannett Co., Inc. (NYSE:GCI) today announced Monica R. Richardson will join Gannett to lead USA TODAY's award-winning newsroom as Senior Vice President effective April 1. Reporting to the Chief Content Officer, Richardson will work closely to extend the reach of the Nation's Newspaper and invigorate USA TODAY's portfolio. Richardson most recently served as Vice President of Local News and Large Markets for McClatchy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240223710950/en/Monica Richardson, USA TODAY Senior Vice President (Photo: Bu
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the third quarter ended September 30, 2024. "We continued to make solid progress on our key priorities in the third quarter while delivering another quarter of year-over-year Adjusted EBITDA growth. Three out of four digital revenue categories experienced further trend improvement year-over-year, and as a result, total digital revenues surpassed 45% of total revenues, representing an all-time high. These results reinforce our belief that we have created a sustainable pathway for ongoing growth moving forward. We also significantly increased our free cash flow by 168% year-
Gannett Co., Inc. ("Gannett") (NYSE:GCI) announced today that it will release its third quarter 2024 financial results on Thursday, October 31, 2024, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, October 31, 2024 at 8:30 A.M. Eastern Time to review the financial and operating results for the period. A copy of the earnings release will be posted to the Investor Relations section of Gannett's website, investors.gannett.com. All interested parties are welcome to participate on the live call. The conference call may be accessed by dialing 1-888-506-0062 (from within the U.S.) or 1-973-528-0011 (from outside of the U.S.) ten minutes pri
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the second quarter ended June 30, 2024. "We are pleased to report another strong quarter of financial results. In fact, our operational execution led to year-over-year growth in Adjusted EBITDA and further improvement to our same store revenue trends. Same store revenue trends improved sequentially for the sixth consecutive quarter, and we remain on track and expect to hit the revenue growth inflection point as we exit 2024. Each of our digital revenue streams continued to grow over the prior year, and as a result, total digital revenues now account for 44% of total reven
Citigroup upgraded Gannett from Sell to Neutral and set a new price target of $5.10
Citigroup downgraded Gannett from Neutral to Sell
JMP Securities initiated coverage of Gannett with a rating of Mkt Outperform and set a new price target of $6.00
4 - Gannett Co., Inc. (0001579684) (Issuer)
4 - Gannett Co., Inc. (0001579684) (Issuer)
4 - Gannett Co., Inc. (0001579684) (Issuer)
Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google reversed its long-standing plan to eliminate cookies in its Chrome browser due to industry and regulatory pushback. Advertisers and publishers use cookies and small text snippets to identify users and target ads. This decision follows objections from digital advertising companies and regulators to Google’s proposed alternative technologies. Ad-tech players protested, accusing Google of attempting to strengthen its monopoly in the space and making it more difficult for advertisers to track their ads’ performance. Instead of eliminating cookies, Google will now prompt Chrome users to decide whether to enable or disable cookies.
Gannett Co Inc (NYSE:GCI) shares were climbing in early trading on Monday. The company has several catalysts for digital revenue growth and margin expansion, which should take the stock closer to peer average multiples, according to JMP Securities. The Gannett Analyst: Matthew Condon initiated coverage of Gannett with a Market Outperform rating and a price target of $6. The Gannett Thesis: Transitioning from a legacy news business to digital media should help the company to return to growth, Condon said in the initiation note. Check out other analyst stock ratings. Gannett expects digital to reach 50% of total revenue in 2025, the analyst stated. "Key initiatives to drive digi
JMP Securities analyst Matthew Condon initiates coverage on Gannett Co (NYSE:GCI) with a Market Outperform rating and announces Price Target of $6.
SC 13G/A - Gannett Co., Inc. (0001579684) (Subject)
SC 13G/A - Gannett Co., Inc. (0001579684) (Subject)
SC 13G/A - Gannett Co., Inc. (0001579684) (Subject)
4 - Gannett Co., Inc. (0001579684) (Issuer)
4 - Gannett Co., Inc. (0001579684) (Issuer)
4 - Gannett Co., Inc. (0001579684) (Issuer)