Published on 9 Apr 2024 on Simply Wall St. via Yahoo Finance
Shareholders in Gannett (NYSE:GCI) are in the red if they invested five years ago
Gannett Co., Inc. (NYSE:GCI) shareholders should be happy to see the share price up 21% in the last month. But will that heal all the wounds inflicted over 5 years of declines? Unlikely. Indeed, the share price is down a whopping 77% in that time. It's true that the recent bounce could signal the company is turning over a new leaf, but we are not so sure. The important question is if the business itself justifies a higher share price in the long term.
Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business.
View our latest analysis for Gannett