NYSE:GCO - Genesco Stock Price, News, & Analysis

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$42.93 +0.81 (+1.92 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$42.93
Today's Range$42.00 - $44.90
52-Week Range$30.25 - $51.85
Volume469,094 shs
Average Volume298,795 shs
Market Capitalization$850.52 million
P/E Ratio13.67
Dividend YieldN/A
Beta1.03
Genesco Inc. retails and wholesales footwear, apparel, and accessories. The company operates in five segments: Journeys Group, Schuh Group, Lids Sports Group, Johnston & Murphy Group, and Licensed Brands. The Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, Shi by Journeys, and Little Burgundy retail chains, as well as through e-commerce and catalogs for young men, women, and children. The Schuh Group segment operates Schuh retail footwear stores that offer casual and athletic footwear for men and women, as well as sells footwear through e-commerce. The Lids Sports Group segment operates headwear and accessory stores under the Lids name; Lids Locker Room and Lids Clubhouse stores, which offers headwear, apparel, accessories, and novelties from an assortment of college and professional teams; and Locker Room by Lids leased departments in Macy's department stores that sell headwear, apparel, accessories, and novelties from an assortment of college and professional teams, as well as sells through macys.com. The Johnston & Murphy Group segment is involved in retail, e-commerce, and catalog operations; and wholesale distribution of footwear, apparel, and accessories primarily for men. It also offers footwear and leather accessories under the Trask brand through retailers and department stores, an e-commerce Website, and catalog. The Licensed Brands segment markets casual footwear under the Dockers brand for men. As of March 15, 2018, the company operated approximately 2,675 retail stores and leased departments in the United States, Canada, the United Kingdom, the Republic of Ireland, and Germany. Its Internet websites include journeys.com, journeyskidz.com, journeys.ca, shibyjourneys.com, schuh.co.uk, littleburgundyshoes.com, johnstonmurphy.com, lids.com, lids.ca, lidslockerroom.com, lidsclubhouse.com, trask.com, and dockersshoes.com. Genesco Inc. was founded in 1924 and is headquartered in Nashville, Tennessee.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Shoe stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Current SymbolNYSE:GCO
Previous Symbol
CUSIP37153210
Phone615-367-7000

Debt

Debt-to-Equity Ratio0.09
Current Ratio2.26
Quick Ratio0.48

Price-To-Earnings

Trailing P/E Ratio13.67
Forward P/E Ratio13.33
P/E Growth1.75

Sales & Book Value

Annual Sales$2.91 billion
Price / Sales0.30
Cash Flow$16.4483 per share
Price / Cash Flow2.61
Book Value$41.69 per share
Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)$3.14
Net Income$-111,830,000.00
Net Margins2.31%
Return on Equity7.20%
Return on Assets4.41%

Miscellaneous

Employees30,500
Outstanding Shares20,190,000
Market Cap$850.52 million
OptionableOptionable

Genesco (NYSE:GCO) Frequently Asked Questions

What is Genesco's stock symbol?

Genesco trades on the New York Stock Exchange (NYSE) under the ticker symbol "GCO."

How will Genesco's stock buyback program work?

Genesco declared that its Board of Directors has authorized a stock buyback program on Friday, December 14th 2018, which authorizes the company to buyback $125,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 14.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Genesco's earnings last quarter?

Genesco Inc. (NYSE:GCO) announced its quarterly earnings results on Thursday, December, 6th. The company reported $0.95 EPS for the quarter, beating the Zacks' consensus estimate of $0.86 by $0.09. The firm had revenue of $713.10 million for the quarter, compared to analysts' expectations of $712.06 million. Genesco had a return on equity of 7.20% and a net margin of 2.31%. The business's revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter last year, the business posted $1.02 EPS. View Genesco's Earnings History.

When is Genesco's next earnings date?

Genesco is scheduled to release their next quarterly earnings announcement on Thursday, March 21st 2019. View Earnings Estimates for Genesco.

What guidance has Genesco issued on next quarter's earnings?

Genesco issued an update on its FY19 earnings guidance on Thursday, December, 6th. The company provided earnings per share guidance of $3.15-3.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.23. Genesco also updated its FY 2019 guidance to $3.10-3.40 EPS.

What price target have analysts set for GCO?

9 analysts have issued 12 month price targets for Genesco's stock. Their forecasts range from $31.00 to $52.00. On average, they expect Genesco's stock price to reach $40.3750 in the next year. This suggests that the stock has a possible downside of 6.0%. View Analyst Price Targets for Genesco.

What is the consensus analysts' recommendation for Genesco?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Genesco.

What are Wall Street analysts saying about Genesco stock?

Here are some recent quotes from research analysts about Genesco stock:
  • 1. According to Zacks Investment Research, "Genesco Inc., a Nashville-based specialty retailer, sells footwear, headwear and accessories in retail stores in the United States and Canada. The Company sells its products principally under the names Journeys, Journeys Kidz, Shi by Journeys, Johnston & Murphy, Underground Station, Hatworld, Lids, Hat Shack, Hat Zone, Head Quarters and Cap Connection, and on internet websites. The Company also sells footwear at wholesale under its Johnston & Murphy brand and under the licensed Dockers brand. " (12/3/2018)
  • 2. Pivotal Research analysts commented, "We believe that all three of these boxes either have been or are being checked, and, as such, we’re modeling 3Q and FY19 above consensus and the midpoint of GCO’s guidance. However, we’re also a little concerned that Vans has slowed since GCO last reported, which is why we’re not modeling FY19 at the high end of the company’s range." (12/3/2018)

Has Genesco been receiving favorable news coverage?

News headlines about GCO stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Genesco earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Genesco's key competitors?

Some companies that are related to Genesco include Foot Locker (FL), DSW (DSW), Shoe Carnival (SCVL), Boot Barn (BOOT) and Finish Line (FINL).

Who are Genesco's key executives?

Genesco's management team includes the folowing people:
  • Mr. Robert J. Dennis, Chairman, Pres & CEO (Age 64)
  • Ms. Mimi Eckel Vaughn, Sr. VP of Fin. & CFO (Age 51)
  • Mr. Roger G. Sisson, Sr. VP, Gen. Counsel & Sec. (Age 54)
  • Mr. Jonathan D. Caplan, Sr. VP (Age 64)
  • Mr. David E. Baxter, Sr. VP (Age 51)

Who are Genesco's major shareholders?

Genesco's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.07%), Vanguard Group Inc. (9.51%), Vanguard Group Inc (9.51%), Dimensional Fund Advisors LP (8.11%), Eagle Asset Management Inc. (6.77%) and Carillon Tower Advisers Inc. (5.87%). Company insiders that own Genesco stock include Kathleen Mason, Kevin Patrick Mcdermott, Mimi Eckel Vaughn, Robert J Dennis and Thurgood Marshall Jr. View Institutional Ownership Trends for Genesco.

Which institutional investors are selling Genesco stock?

GCO stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Fuller & Thaler Asset Management Inc., Carillon Tower Advisers Inc., Russell Investments Group Ltd., Heartland Advisors Inc., Connor Clark & Lunn Investment Management Ltd., Paloma Partners Management Co and Smith Graham & Co. Investment Advisors LP. Company insiders that have sold Genesco company stock in the last year include Kathleen Mason and Thurgood Marshall Jr. View Insider Buying and Selling for Genesco.

Which institutional investors are buying Genesco stock?

GCO stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Royce & Associates LP, BlackRock Inc., Hussman Strategic Advisors Inc., FMR LLC, Great Lakes Advisors LLC, Canada Pension Plan Investment Board and AXA. Company insiders that have bought Genesco stock in the last two years include Kevin Patrick Mcdermott, Mimi Eckel Vaughn and Robert J Dennis. View Insider Buying and Selling for Genesco.

How do I buy shares of Genesco?

Shares of GCO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Genesco's stock price today?

One share of GCO stock can currently be purchased for approximately $42.93.

How big of a company is Genesco?

Genesco has a market capitalization of $850.52 million and generates $2.91 billion in revenue each year. The company earns $-111,830,000.00 in net income (profit) each year or $3.14 on an earnings per share basis. Genesco employs 30,500 workers across the globe.

What is Genesco's official website?

The official website for Genesco is http://www.genesco.com.

How can I contact Genesco?

Genesco's mailing address is GENESCO PK 1415 MURFREESBORO RD, NASHVILLE TN, 37217. The company can be reached via phone at 615-367-7000 or via email at [email protected]


MarketBeat Community Rating for Genesco (NYSE GCO)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  324 (Vote Outperform)
Underperform Votes:  480 (Vote Underperform)
Total Votes:  804
MarketBeat's community ratings are surveys of what our community members think about Genesco and other stocks. Vote "Outperform" if you believe GCO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GCO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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