NYSE:GCO

Genesco (GCO) Stock Forecast, Price & News

$31.00

+1.19 (+3.99%)

(As of 11:56 AM ET)

Compare

Today's Range: $29.92
▼
$31.10
50-Day Range: $23.96
▼
$34.28
52-Week Range: $17.31
▼
$53.25

Volume: 29,453 shs
Average Volume: 250,735 shs
Market Capitalization: $389.36 million

P/E Ratio: 65.96
Dividend Yield: N/A
Price Target: N/A

Genesco MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
5.42% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.76
Upright™ Environmental Score
News Sentiment: 0.50
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 87.83%
From $2.30 to $4.32 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.27 out of 5 stars

Retail/Wholesale Sector

114th out of 213 stocks

Shoe Stores Industry

5th out of 5 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Genesco.

4.0

Short Interest

Percentage of Shares Shorted
5.42% of the float of Genesco has been sold short.
Short Interest Ratio / Days to Cover
Genesco has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Genesco has recently decreased by 8.09%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Genesco does not currently pay a dividend.
Dividend Growth
Genesco does not have a long track record of dividend growth.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Genesco has received a 16.73% net impact score from Upright. Genesco seems to create the most significant positive value in categories "Jobs", "Taxes", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is driven by its "Physical retail of footwear at a shoestore", "Physical retail of luggage and bags at a clothing store", and "Physical retail of footwear at a clothing store" products. See details.
Environmental Sustainability
The Environmental Impact score for Genesco is -1.76.

1.4

News and Social Media Coverage

News Sentiment
Genesco has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Genesco this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 2 people have added Genesco to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Genesco insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.33% of the stock of Genesco is held by insiders.
Percentage Held by Institutions
76.20% of the stock of Genesco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Genesco are expected to grow by 87.83% in the coming year, from $2.30 to $4.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Genesco is 64.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Genesco is 64.38, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 19.38.
Price to Book Value per Share Ratio
Genesco has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Genesco (NYSE:GCO) Stock

Genesco Inc. operates as a retailer and wholesaler of footwear, apparel, and accessories in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Licensed Brands. The Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, and Little Burgundy retail chains, as well as through e-commerce and catalogs for young men, women, and children. Its Schuh Group segment operates Schuh retail footwear stores that offer casual and athletic footwear, as well as sells footwear through e-commerce. The Johnston & Murphy Group segment involved in the retail and e-commerce operations; and wholesale distribution of men's dress and casual footwear, apparel, and accessories, as well as women's footwear and accessories. Its Genesco Brands Group segment markets footwear under the Levi's, Dockers, and G.H. Bass brands for men, women, and children, as well as designs and manufactures the STARTER brands footwear. The company operates through Journeys, Journeys Kidz, Schuh, Little Burgundy, and Johnston & Murphy brand names; and e-commerce websites, including journeys.com, journeyskidz.com, journeys.ca, schuh.co.uk, schuh.ie, schuh.eu, johnstonmurphy.com, littleburgundyshoes.com, johnstonmurphy.ca, nashvilleshoewarehouse.com, and dockersshoes.com. Genesco Inc. was incorporated in 1934 and is headquartered in Nashville, Tennessee.

GCO Price History

30 days | 90 days | 365 days | Advanced Chart

GCO Stock News Headlines

September 27, 2023 | americanbankingnews.com

Genesco (NYSE:GCO) Stock Crosses Above 200 Day Moving Average of $29.49

September 19, 2023 | benzinga.com

Five Below Adds New Board Member Mimi E. Vaughn joins Five Below Board of Directors

September 29, 2023 | PressReach (Ad)

Uranium Prices Surge as Nuclear Energy Becomes Key

Renewed interest in uranium and rising prices have created a favorable environment for new projects.

September 19, 2023 | finance.yahoo.com

Five Below Adds New Board Member Mimi E. Vaughn joins Five Below Board of Directors

September 11, 2023 | finance.yahoo.com

5 Must-Buy Retail Stocks to Strengthen Your Portfolio

September 5, 2023 | finance.yahoo.com

Should You Investigate Genesco Inc. (NYSE:GCO) At US$33.57?

September 1, 2023 | fool.com

Genesco (NYSE: GCO)

August 31, 2023 | uk.news.yahoo.com

Genesco (GCO) Reports Q2 Loss, Tops Revenue Estimates

September 29, 2023 | PressReach (Ad)

Uranium Prices Surge as Nuclear Energy Becomes Key

Renewed interest in uranium and rising prices have created a favorable environment for new projects.

August 31, 2023 | yahoo.com

How Genesco Plans to Get Customers Back to Journeys

August 31, 2023 | finance.yahoo.com

Genesco Inc. Reports Fiscal 2024 Second Quarter Results

August 31, 2023 | markets.businessinsider.com

Genesco Slips To Loss In Q2, But Results Top Estimates; Reaffirms FY24 Outlook

August 31, 2023 | sfgate.com

Genesco: Fiscal Q2 Earnings Snapshot

August 31, 2023 | theglobeandmail.com

Genesco (NYSE:GCO) Beats Q2 Sales Targets

August 31, 2023 | msn.com

Genesco's Johnston & Murphy brand helps prop up sales

August 31, 2023 | msn.com

Why Genesco Stock Jumped Today

August 30, 2023 | finance.yahoo.com

Genesco Announces Journeys Group President Mario Gallione to Retire in February 2024

August 30, 2023 | benzinga.com

Genesco's Earnings Outlook

August 16, 2023 | finance.yahoo.com

Genesco to Report Second Quarter Fiscal 2024 Results and Hold Conference Call on August 31, 2023

August 14, 2023 | finance.yahoo.com

Shareholders in Genesco (NYSE:GCO) are in the red if they invested a year ago

July 29, 2023 | finance.yahoo.com

Great week for Genesco Inc. (NYSE:GCO) institutional investors after losing 50% over the previous year

July 17, 2023 | finance.yahoo.com

Journeys Announces "Journeys Second-Hand," a Resale Program Enabled by thredUP's Resale-as-a-Service®

July 15, 2023 | finance.yahoo.com

Some Investors May Be Worried About Genesco's (NYSE:GCO) Returns On Capital

July 1, 2023 | finance.yahoo.com

An Intrinsic Calculation For Genesco Inc. (NYSE:GCO) Suggests It's 24% Undervalued

June 26, 2023 | finance.yahoo.com

Genesco Boosts Share Buyback Program By $50M

June 26, 2023 | finance.yahoo.com

Genesco Announces $50 Million Increase to Its Share Repurchase Authorization

June 14, 2023 | msn.com

Genesco: Is It Too Soon To Buy This Cyclical?

See More Headlines

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GCO Company Calendar

Last Earnings: 8/31/2023
Today: 9/29/2023
Next Earnings (Estimated): 12/01/2023
Fiscal Year End: 1/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Shoe stores
Sub-Industry: Apparel Retail
Sector: Retail/Wholesale
Current Symbol: NYSE:GCO
CUSIP: 37153210
CIK: 18498
Web: www.genesco.com
Phone: (615) 367-7000
Fax: 615-367-8579
Employees: 19,000
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.47
Trailing P/E Ratio: 63.43
Forward P/E Ratio: 12.96
P/E Growth: N/A
Net Income: $71.92 million
Net Margins: 0.38%
Pretax Margin: 0.33%
Return on Equity: 5.11%
Return on Assets: 1.95%

Debt

Debt-to-Equity Ratio: 0.25
Current Ratio: 1.63
Quick Ratio: 0.35

Sales & Book Value

Annual Sales: $2.38 billion
Price / Sales: 0.16
Cash Flow: $9.43 per share
Price / Cash Flow: 3.16
Book Value: $42.36 per share
Price / Book: 0.70

Miscellaneous

Outstanding Shares: 12,560,000
Free Float: 11,768,000
Market Cap: $374.41 million
Optionable: Optionable
Beta: 1.98

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Key Executives

Ms. Mimi Eckel Vaughn (Age 56)
Chairman, Pres & CEO
Comp: $1.04M

Mr. Thomas Allen George (Age 67)
CFO & Sr. VP of Fin.
Comp: $581.54k

Mr. Parag D. Desai (Age 48)
Sr. VP, Chief Strategy & Digital Officer
Comp: $433.65k

Mr. Mario Gallione (Age 61)
Pres Emeritus of Journeys
Comp: $540.86k

Mr. Daniel E. Ewoldsen (Age 52)
Sr. VP and Pres of Johnston & Murphy Group
Comp: $795.29k

Mr. Brently G. Baxter (Age 57)
VP & Chief Accounting Officer

Darryl MacQuarrie
Sr. Director of FP&A and Investor Relations

Mr. Scott Eric Becker (Age 54)
Sr. VP, Gen. Counsel & Corp. Sec.

Mr. Matthew N. Johnson (Age 58)
VP & Treasurer

Ms. Susan J. Peterson
Controller of Underground Station

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GCO Stock - Frequently Asked Questions

Should I buy or sell Genesco stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GCO shares.
View GCO analyst ratings or view top-rated stocks.
How have GCO shares performed in 2023?: Genesco's stock was trading at $46.02 at the beginning of 2023. Since then, GCO stock has decreased by 35.2% and is now trading at $29.81.
View the best growth stocks for 2023 here.
Are investors shorting Genesco?: Genesco saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 582,600 shares, a drop of 8.1% from the August 31st total of 633,900 shares. Based on an average daily volume of 239,200 shares, the days-to-cover ratio is presently 2.4 days. Approximately 5.4% of the shares of the company are sold short.
View Genesco's Short Interest.
When is Genesco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, December 1st 2023.
View our GCO earnings forecast.
How were Genesco's earnings last quarter?: Genesco Inc. (NYSE:GCO) issued its earnings results on Thursday, August, 31st. The company reported ($0.85) EPS for the quarter, beating the consensus estimate of ($1.23) by $0.38. The business earned $523 million during the quarter, compared to the consensus estimate of $497.25 million. Genesco had a trailing twelve-month return on equity of 5.11% and a net margin of 0.38%. The business's revenue was down 2.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.59 earnings per share.
What guidance has Genesco issued on next quarter's earnings?: Genesco updated its FY 2024 earnings guidance on Thursday, August, 31st. The company provided earnings per share guidance of $2.00-$2.50 for the period, compared to the consensus EPS estimate of $2.23. The company issued revenue guidance of $2.29 billion-$2.34 billion, compared to the consensus revenue estimate of $2.28 billion.

What is Mimi Vaughn's approval rating as Genesco's CEO?: 8 employees have rated Genesco Chief Executive Officer Mimi Vaughn on Glassdoor.com. Mimi Vaughn has an approval rating of 70% among the company's employees.
What other stocks do shareholders of Genesco own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Genesco investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Intelsat (I), Ciena (CIEN), Chipotle Mexican Grill (CMG), Transocean (RIG), Bank of America (BAC), Micron Technology (MU) and Workday (WDAY).
What is Genesco's stock symbol?: Genesco trades on the New York Stock Exchange (NYSE) under the ticker symbol "GCO."
How do I buy shares of Genesco?: Shares of GCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Genesco's stock price today?: One share of GCO stock can currently be purchased for approximately $29.81.
How much money does Genesco make?: Genesco (NYSE:GCO) has a market capitalization of $374.41 million and generates $2.38 billion in revenue each year. The company earns $71.92 million in net income (profit) each year or $0.47 on an earnings per share basis.
How many employees does Genesco have?: The company employs 19,000 workers across the globe.
How can I contact Genesco?: Genesco's mailing address is Genesco Park 1415 Murfreesboro Pike, NASHVILLE TN, 37217. The official website for the company is www.genesco.com. The company can be reached via phone at (615) 367-7000, via email at investorrelations@genesco.com, or via fax at 615-367-8579.

This page (NYSE:GCO) was last updated on 9/29/2023 by MarketBeat.com Staff

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