Citigroup resumed coverage on Gannett with a new price target
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Citigroup resumed coverage of Gannett with a rating of Sell and set a new price target of $3.80
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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-K - Gannett Co., Inc. (0001579684) (Filer)
8-K - Gannett Co., Inc. (0001579684) (Filer)
SCHEDULE 13G/A - Gannett Co., Inc. (0001579684) (Subject)
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the fourth quarter ended December 31, 2024. "In 2024, we made continued strong progress executing on our strategy to advance our digital transformation, resulting in total digital revenues exceeding 45% of total revenues in the fourth quarter, and amounting to over $1.1 billion for the year. Equally important, we expanded our audience, improved engagement, and grew digital revenues through diversified channels. Total 2024 digital revenues increased by over 5% compared to 2023," said Michael Reed, Gannett Chairman and Chief Executive Officer. "The successful execution of o
Hearst to acquire the Austin American-Statesman Gannett Co., Inc. (NYSE:GCI) has entered into an asset purchase agreement with Hearst, a leading global diversified information services and media company, to divest the Austin American-Statesman from the USA TODAY Network portfolio of over 200 local publications across the country. The award-winning Austin American-Statesman is a trusted source for exceptional journalism and a pillar in the Austin community, serving local businesses and brands with innovative strategies and solutions. Founded in 1871, the Statesman has been named Texas Newspaper of the Year three times by the Texas Associated Press Managing Editors and more recently was rec
The inaugural program invites film lovers to designate their own "Film of the Year" USA TODAY, part of Gannett Co., Inc. (NYSE:GCI), officially launched the first-ever USA TODAY Movie Meter, a new platform that empowers movie enthusiasts to rate which film they believe deserves to be awarded "Film of the Year." Placing emphasis on the opinions of everyday movie lovers, USA TODAY Movie Meter gauges audience sentiment towards the esteemed films nominated in the Best Picture category by the Academy of Motion Picture Arts and Sciences for the Academy Awards. Today through March 3, 2025, at 1 a.m. EST, Movie Meter participants can register, watch the 10 Oscar-nominated trailers and rate all
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)
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)
Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE:GCI) today reported its financial results for the fourth quarter ended December 31, 2024. "In 2024, we made continued strong progress executing on our strategy to advance our digital transformation, resulting in total digital revenues exceeding 45% of total revenues in the fourth quarter, and amounting to over $1.1 billion for the year. Equally important, we expanded our audience, improved engagement, and grew digital revenues through diversified channels. Total 2024 digital revenues increased by over 5% compared to 2023," said Michael Reed, Gannett Chairman and Chief Executive Officer. "The successful execution of o
Gannett Co., Inc. ("Gannett") (NYSE:GCI) announced today that it will release its fourth quarter 2024 financial results on Thursday, February 20, 2025, prior to the opening of the New York Stock Exchange. Management will host a conference call on Thursday, February 20, 2025 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
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-
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