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Added to YB: 2024-10-15

Pitch date: 2024-10-10

GCI [bullish]

Gannett Co., Inc.

-3.59%

current return

Author Info

No bio for this author

Company Info

Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions.

Market Cap

$736.5M

Pitch Price

$5.29

Price Target

N/A

Dividend

N/A

Sector

Media

Category

value

Show full summary:
Miller Deep Value Select Strategy Portfolio Holding: Gannett Co., Inc.

GCI: Digital rev to exceed 50% of sales. DOJ vs Google case supports Gannett's lawsuit. Kellogg Hansen rep on contingency. Win could erase debt. At 2x EV/EBITDA vs NYT's 19x, potential $4B mkt cap. Risks: print ad weakness. Upside: transformation, lawsuit, asset sales. Mispriced at 0.3x rev, 40%+ FCF yield.

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