GCI – Gannett Co Inc – is a multi-platform news and information company.
GCI – Gannett Co Inc
|Fundamentals||Previously closed at||15.77|
|Analysts opinion||Gannett Co has great fundamentals, with P/S at 0.63, forward P/E at 9.41, zero debt, and a $196 million cash as per its latest financials. Today, Gannett offered to buy Tribune Publishing Co, the owner of LA Times and Chicago Tribune for $815 million. The proposal also includes assuming ~$390 million of debt. If this works out, the Acquisition could be great for both GCI and TPUB. Analysts are bullish on the stocks. The analyst confidence meter is a 75% Buy.|
|Sentiments||Due to the news, the investor sentiments are bullish for GCI and TPUB. If the merger does happen, GCI would be a great long-term stock.|
|Social Media Pulse||The stock has 100% higher chatter than usual.|