Gannett Has 'Several Catalysts For Digital Growth And Margin Expansion,' Says Bullish Analyst
Gannett Has 'Several Catalysts For Digital Growth And Margin Expansion,' Says Bullish Analyst
Gannett Co Inc (NYSE:GCI) shares were climbing in early trading on Monday.
週一早盤，甘尼特公司（NYSE：GCI）股票價格上漲。
The company has several catalysts for digital revenue growth and margin expansion, which should take the stock closer to peer average multiples, according to JMP Securities.
該公司有多個數字營收增長和利潤率拓展的催化劑，這應該會將其股票推向同行公司的平均倍數，據JMP證券表示。
The Gannett Analyst: Matthew Condon initiated coverage of Gannett with a Market Outperform rating and a price target of $6.
甘尼特分析師Matthew Condon發起覆蓋甘尼特公司，評級爲行業內表現優異，目標股價爲6美元。
The Gannett Thesis: Transitioning from a legacy news business to digital media should help the company to return to growth, Condon said in the initiation note.
轉型爲數字媒體的甘尼特公司，應該有望重回增長軌道，這在初步調研報告中由Condon提出。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
Gannett expects digital to reach 50% of total revenue in 2025, the analyst stated. "Key initiatives to drive digital revenue growth include its new content strategy, driven by data, optimization of subscription pricing, and product and vertical expansion within its DMS business," he added.
分析師稱，甘尼特公司預計在2025年時，數字營收將佔總營收的50%。“推動數字營收增長的關鍵舉措包括其由數據驅動的新內容策略、訂閱定價的優化以及在DMS業務範圍內推進產品和垂直擴展，”他補充道。
Gannett also has several new initiatives, including affiliate partnerships and data licensing negotiations, which could eventually represent a $100 million opportunity, Condon wrote.
康頓寫道，甘尼特還有幾項新的舉措，包括會員制合作伙伴和數據許可協商，這最終可能代表價值1億美元的商機。
The company is optimizing its cost structure and shifting its focus to high-value subscribers in digital, which is expected to generate a CAGR (compounded annual growth rate) in free cash flows of 40% from 2023 to 2026, he further added.
該公司正在優化其成本結構並將重點放在數字訂閱用戶上，預計從2023年到2026年的自由現金流年複合增長率將達到40%。
GCI Price Action: Shares of Gannett had risen by 2.60% to $4.73 at the time of publication on Monday.
截至週一發佈時，甘尼特的股價上漲了2.60%，至4.73美元。
Photo: Casimiro PT via Shutterstock
圖片來源：Shutterstock的Casimiro PT
譯文內容由第三人軟體翻譯。