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

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$41.28 -0.77 (-1.83 %)

(As of 03/22/2019 04:00 PM ET)

Previous Close$41.28

Today's Range$41.07 - $42.25

52-Week Range$37.00 - $51.85

Volume372,402 shs

Average Volume294,269 shs

Market Capitalization$833.44 million

P/E Ratio12.59

Dividend YieldN/A

Beta0.72

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

CIK18498

Webwww.genesco.com

Phone615-367-7000

Debt

Debt-to-Equity Ratio0.08

Current Ratio2.66

Quick Ratio1.33

Price-To-Earnings

Trailing P/E Ratio12.59

Forward P/E Ratio11.79

P/E Growth2.4

Sales & Book Value

Annual Sales$2.19 billion

Price / Sales0.38

Cash Flow$15.8769 per share

Price / Cash Flow2.60

Book Value$36.53 per share

Price / Book1.13

Profitability

EPS (Most Recent Fiscal Year)$3.28

Net Income$-51,930,000.00

Net Margins-1.93%

Return on Equity7.52%

Return on Assets4.58%

Miscellaneous

Employees30,500

Outstanding Shares20,190,000

Market Cap$833.44 million

Next Earnings Date6/4/2019 (Estimated)

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 announced that its board has initiated a stock buyback program on Friday, December 14th 2018, which permits the company to buyback $125,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 14.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its stock is undervalued.

How were Genesco's earnings last quarter?

Genesco Inc. (NYSE:GCO) released its quarterly earnings results on Thursday, March, 14th. The company reported $2.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.30 by $0.12. The business earned $675.50 million during the quarter, compared to the consensus estimate of $914.85 million. Genesco had a negative net margin of 1.93% and a positive return on equity of 7.52%. Genesco's revenue was down 2.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.15 earnings per share. View Genesco's Earnings History.

When is Genesco's next earnings date?

Genesco is scheduled to release their next quarterly earnings announcement on Tuesday, June 4th 2019. View Earnings Estimates for Genesco.

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

Genesco issued an update on its FY20 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of $3.35-3.75 for the period, compared to the Thomson Reuters consensus estimate of $3.75. Genesco also updated its FY 2019 guidance to $3.35-3.75 EPS.

What price target have analysts set for GCO?

6 Wall Street analysts have issued 1 year target prices for Genesco's stock. Their predictions range from $32.00 to $52.00. On average, they expect Genesco's share price to reach $42.60 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Genesco.

What is the consensus analysts' recommendation for Genesco?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last year. There are currently 6 hold 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. " (3/18/2019)
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?

Media coverage about GCO stock has trended somewhat positive recently, InfoTrie reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Genesco earned a coverage optimism score of 1.6 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the near term.

Who are some of Genesco's key competitors?

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

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), Endologix (ELGX), BlackRock (BLK), Intelsat (I), Transocean (RIG), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Bank of America (BAC) and Fossil Group (FOSL).

Who are Genesco's key executives?

Genesco's management team includes the folowing people:

Mr. Robert J. Dennis, Chairman, Pres & CEO (Age 65)
Ms. Mimi Eckel Vaughn, Sr. VP of Fin. & CFO (Age 52)
Mr. Paul D. Williams, VP & Chief Accounting Officer (Age 64)
Mr. Parag D. Desai, Sr. VP of Strategy & Shared Services (Age 44)
Mr. Danny Ewoldsen, Pres of Johnston & Murphy division

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. (14.58%), Dimensional Fund Advisors LP (8.08%), FMR LLC (5.41%), Eagle Asset Management Inc. (4.87%), Canada Pension Plan Investment Board (2.95%) and Northern Trust Corp (2.84%). Company insiders that own Genesco stock include Kathleen Mason, Kevin Patrick Mcdermott, Marty G Dickens, Mimi Eckel Vaughn, Robert J Dennis and Thurgood Marshall Jr. View Institutional Ownership Trends for Genesco.

Which major investors are selling Genesco stock?

GCO stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Bank of America Corp DE, Millennium Management LLC, Mackay Shields LLC, Segall Bryant & Hamill LLC, Bank of New York Mellon Corp, FMR LLC and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have sold Genesco company stock in the last year include Kathleen Mason, Marty G Dickens, Robert J Dennis and Thurgood Marshall Jr. View Insider Buying and Selling for Genesco.

Which major investors are buying Genesco stock?

GCO stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Canada Pension Plan Investment Board, WINTON GROUP Ltd, Prudential Financial Inc., American Century Companies Inc., MERIAN GLOBAL INVESTORS UK Ltd, BlackRock Inc. and LSV Asset Management. 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 $41.28.

How big of a company is Genesco?

Genesco has a market capitalization of $833.44 million and generates $2.19 billion in revenue each year. The company earns $-51,930,000.00 in net income (profit) each year or $3.28 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 ( )
Outperform Votes:		338 (Vote Outperform)
Underperform Votes:		497 (Vote Underperform)
Total Votes:		835

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 3/23/2019 by MarketBeat.com Staff

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