Wall Street Zen Upgrades USA Today (NYSE:TDAY) to “Hold”

USA Today (NYSE:TDAY) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

Several other research analysts also recently commented on the stock. Citigroup reaffirmed a “neutral” rating on shares of USA Today in a research note on Monday. Weiss Ratings upgraded shares of USA Today from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, January 8th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $5.10.

USA Today Stock Performance

Shares of USA Today stock opened at $5.84 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.69 and a debt-to-equity ratio of 4.66. The stock’s fifty day moving average is $5.11 and its two-hundred day moving average is $4.52. USA Today has a 52 week low of $2.55 and a 52 week high of $6.22. The company has a market capitalization of $859.12 million, a PE ratio of 27.81 and a beta of 1.59.

Institutional Investors Weigh In On USA Today

Large investors have recently modified their holdings of the business. Kapitalo Investimentos Ltda purchased a new stake in shares of USA Today in the 3rd quarter worth approximately $44,000. Principal Financial Group Inc. bought a new position in USA Today in the third quarter worth approximately $45,000. Savant Capital LLC bought a new position in USA Today in the second quarter worth approximately $50,000. PharVision Advisers LLC purchased a new stake in USA Today during the third quarter worth $51,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in USA Today during the 2nd quarter valued at $53,000. Institutional investors own 76.71% of the company’s stock.

USA Today Company Profile

Gannett Co, Inc (NYSE: GCI) is a media and marketing solutions company headquartered in McLean, Virginia. As the largest U.S. newspaper publisher by circulation, Gannett publishes USA Today alongside more than 260 local news brands. The company’s multimedia platforms include daily and weekly newspapers, websites, mobile apps and a network of subscription-based digital products.

In addition to journalism and content production, Gannett offers a suite of digital marketing services designed to help small and medium-sized businesses grow online.