-
Posted by
Two Blokes Jun 24 -
Filed in
Stock
-
3 views
Gannett is a deeply discounted turnaround, mispriced due to market pessimism, but management execution and digital growth offer significant re-rating potential. The digital pivot is gaining traction, with digital revenue nearing 50% of total sales and asset sales plus cost cuts driving improved cash flow and debt reduction. Valuation is compelling at 6x EV/EBITDA and 0.2x sales, with upside to $5–6 per share if digital targets and deleveraging continue as planned.
