Gannett Co., Inc. (NYSE:GCI)

speed42 (78.03) Submitted: 7/19/2007 4:56:31 PM : Start Price: $51.17 GCI Score: +70.92

I've worked for this company, and still work in the business. Gannett was a leader in publishing, and still is. Unfortunately, it's leading the whole pack of print media right to its very end. Gannett's strength was in setting standards for newspaper design and management as well as in building ad revenue through its print products. The Internet does all that better, faster and a helluva lot cheaper. Until Gannett learns how to use electronic media to its benefit (instead of trying to battle it), the stock will continue to fall. Thumbs so down.

NetscribeMedia (56.98) Submitted: 4/26/2007 2:34:10 AM : Start Price: $46.92 GCI Score: +65.76

The newspaper industry is in an unenviable position. Advertisers and reader have turned their backs on newspapers. Eminent media personalities like Rupert Mudroch and Arthur Schulzberg have predicted that new media like the internet and the mobile phone will kill the newspaper. It is crunch time and all the big newspaper companies are innovating. Gannett has undertaken an initiative whereby their news rooms will be converted into information centers. This initiative will focus not only on traditional media, but new media like the internet, mobile phones and e-mail. McClatchy, recently, dropped out of an online advertising partnership with Gannett and Tribune to join a rival group of publishers. Gannett sold 4 of its US based dailies to Gatehouse for $410 million, reiterating the fact that the company is distancing itself from traditional media.

Gannett’s 2006 revenues increased 6% over last year to $8 billion. The year 2007 will, however, be marked by the absence of around $98 million in political revenue. This will severely affect comparisons in the second half of the year as the company received $89 million in political revenue in 2006’s second half. The first quarter of 2007 will also be severely affected as last years quarter had $22 million from Olympic revenues. The huge $5.2 million of debt is also a cause for some concern.

Newsprint costs are high in 2007. They are expected to decline marginally in the second half of the year. The operating costs are, however, predicted to increase modestly towards the year ahead and this will affect the company’s results. Classified advertising declines have affected ad revenues in the first few months of 2007 and the outlook for classified advertising is low throughout the year. The weak automotive advertising on television is also affecting the company’s fortunes. Consequently, we expect Gannett to have a tough year ahead.

grochen (52.40) Submitted: 2/22/2007 3:23:29 AM : Start Price: $51.35 GCI Score: -70.73

following jim cramer

istinson (< 20) Submitted: 11/2/2006 12:05:52 AM : Start Price: $47.72 GCI Score: +75.63

Old Media is moving to slow and Gannett is now different. They have made some smart acquisitions in the Internet space, but they haven't figured out how to leverage them to help their aging newspapers. Local TV is losing margin fast.

BottomFisher666 (< 20) Submitted: 10/6/2006 5:03:12 PM : Start Price: $46.27 GCI Score: -75.92

Out of favor group

racerddt (< 20) Submitted: 9/23/2006 10:51:06 PM : Start Price: $44.44 GCI Score: -77.23

This company is a cash cow. People call this a newspaper company, but forget the TV revenue and Internet revenue. You have a discounted cash flow where you can earn 10% with no additional growth. 2.5% dividend. If this company would pay down all debt then that would add 20% to EPS with no growth. election year ads could provide a pop in revenue, but need to create agreement to sell their content. This company has the highest profit margin in their industry.

UTvolsFool (60.22) Submitted: 9/22/2006 9:02:43 PM : Start Price: $44.44 GCI Score: -77.23

PE of 11...cheap cheap cheap media assets are free...selling at the cost of the newspaper business only

Baseballforever (54.03) Submitted: 9/21/2006 12:45:00 AM : Start Price: $45.24 GCI Score: -77.04

Gannett is severely beaten up, it is down 40% since its top in January 04. However, this company still makes money, pays a 2+% annual dividend and every airport traveler in the States buys the USA Today each day he or she travels. I think sooner rather than later value hounds will come a looking at this stock and we will see a pop in the price.

valuenerd (46.42) Submitted: 9/17/2006 3:44:36 AM : Start Price: $44.61 GCI Score: -77.31

CGI is a cash cow and its current price is deeply discounted just because people expect google will take all ad money.

Forint99 (< 20) Submitted: 8/28/2006 6:51:12 PM : Start Price: $44.76 GCI Score: -79.68

Of their 23 TV stations they own a lot of NBC stations and now have NFL Football on Sundays. Look for Revenue improvment over the quarter from the broadcast division.