Fri, Dec 19, 2014, 8:02 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Gannett Co., Inc. (GCI) Message Board

  • longtimefollower longtimefollower Aug 4, 2009 3:28 AM Flag

    GCI 2 week to 2 month target: $12-14

    It just got so WAY oversold, that this period of adjustment is going to be something spectacular. No reason it can't sell at 7x this year's earnings ($1.60), or 4x next year's ($2.50) $10 MINIMUM. In fact, it COULD sell at 10x this year's earnings, and 7x next year's, before this year is out. Target in that case: $16-20

    The reality is, with all the cost cutting, some of which is going to be PERMANENT, GCI will be at, or very close to, RECORD earnings, in a few years, and the Cassandras will have been long ago forgotten, as the Street does a WHOLESALE REEVALUATION of the newspaper sector, and decides that THE CASH FLOWS ARE STILL SPECTACULAR, and WILL STILL CONTINUE TO BE SPECTACULAR. Eventually, 10-14x earnings of $4-5 per share, equals a $40-70 stock! Perhaps one can see how, in that context, the move from $2 to $8 is only a "blip."

    SortNewest  |  Oldest  |  Most Replied Expand all replies
31.99+0.880(+2.83%)Dec 19 4:04 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.