Should I buy or sell Genesco stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GCO, but not buy additional shares or sell existing shares. View GCO analyst ratings or view top-rated stocks .

What is Genesco's stock price target for 2024?

1 Wall Street analysts have issued 1-year price targets for Genesco's stock. Their GCO share price targets range from $31.00 to $31.00. On average, they predict the company's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price. View analysts price targets for GCO or view top-rated stocks among Wall Street analysts .

How have GCO shares performed in 2024?

Genesco's stock was trading at $35.21 at the beginning of the year. Since then, GCO shares have decreased by 27.8% and is now trading at $25.42. View the best growth stocks for 2024 here .

Are investors shorting Genesco?

Genesco saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 730,500 shares, a decline of 12.9% from the February 29th total of 838,700 shares. Based on an average trading volume of 119,600 shares, the days-to-cover ratio is currently 6.1 days. Currently, 6.9% of the shares of the stock are short sold. View Genesco's Short Interest .

When is Genesco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our GCO earnings forecast .

How were Genesco's earnings last quarter?

Genesco Inc. (NYSE:GCO) released its quarterly earnings data on Friday, March, 8th. The company reported $2.59 EPS for the quarter, missing the consensus estimate of $2.66 by $0.07. The firm had revenue of $739 million for the quarter, compared to the consensus estimate of $705.66 million. Genesco had a positive trailing twelve-month return on equity of 1.15% and a negative net margin of 0.72%. The firm's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.06 EPS.

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

Genesco issued an update on its FY 2025 earnings guidance on Friday, March, 8th. The company provided earnings per share guidance of 0.600-1.000 for the period, compared to the consensus earnings per share estimate of 2.530. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 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 Xtrackers California Municipal Bond ETF (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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:GCO

Genesco (GCO) Stock Price, News & Analysis

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$25.42

+0.26 (+1.03%)

(As of 04/17/2024 ET)

Compare

Today's Range: $25.08
▼
$25.64
50-Day Range: $24.54
▼
$32.30
52-Week Range: $17.31
▼
$37.89

Volume: 108,116 shs
Average Volume: 122,604 shs
Market Capitalization: $291.82 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $31.00

Get Genesco alerts:

Genesco MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 22.0% Upside
$31.00 Price Target
Short Interest: Bearish
7.16% of Float Sold Short
Dividend Strength: N/A
Sustainability: -1.76
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 216.92%
From $0.65 to $2.06 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.57 out of 5 stars

Retail/Wholesale Sector

121st out of 197 stocks

Shoe Stores Industry

4th out of 4 stocks

2.0

Analyst's Opinion

Consensus Rating
Genesco has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Genesco has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.16% 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 6.1.
Change versus previous month
Short interest in Genesco has recently increased by 3.15%, indicating that investor sentiment is decreasing.

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.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Genesco this week, compared to 2 articles on an average week.
MarketBeat Follows
1 people have added Genesco to their MarketBeat watchlist in the last 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
94.51% of the stock of Genesco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Genesco are expected to grow by 216.92% in the coming year, from $0.65 to $2.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Genesco is -19.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Genesco is -19.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Genesco has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Genesco Stock (NYSE:GCO)

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 Genesco 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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GCO Stock News Headlines

April 17, 2024 | finance.yahoo.com

JOHNSTON & MURPHY UNVEILS NEW LOOK WITH LATEST BRAND CAMPAIGN

March 29, 2024 | finance.yahoo.com

Genesco Full Year 2024 Earnings: US$2.10 loss per share (vs US$5.80 profit in FY 2023)

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Lands' End turning a corner as interest rates fall, EBITDA climbs - analyst

March 20, 2024 | finance.yahoo.com

Designer Brands (DBI) To Report Earnings Tomorrow: Here Is What To Expect

March 19, 2024 | seekingalpha.com

Genesco: Faces A Challenging Demand Environment

March 17, 2024 | finance.yahoo.com

GCO Apr 2024 25.000 put

March 10, 2024 | seekingalpha.com

Genesco Inc. (GCO) Q4 2024 Earnings Call Transcript

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Genesco Inc. (NYSE:GCO) Q4 2024 Earnings Call Transcript

March 9, 2024 | finance.yahoo.com

Q4 2024 Genesco Inc Earnings Call

March 8, 2024 | marketwatch.com

Genesco Shares Slip 4.9% on Fiscal 2025 Outlook

March 8, 2024 | finance.yahoo.com

Genesco (NYSE:GCO) Beats Q4 Sales Targets

March 8, 2024 | msn.com

Genesco shares tumble on lower Q4 profit, soft Fiscal 2025 guidance

March 8, 2024 | msn.com

GCO Stock Earnings: Genesco Misses EPS, Beats Revenue for Q4 2024

March 8, 2024 | benzinga.com

Why Branded Footwear Retailer Genesco's Shares Are Tumbling Today

March 8, 2024 | msn.com

Gap, Genesco And 3 Stocks To Watch Heading Into Friday

March 8, 2024 | msn.com

Genesco Non-GAAP EPS of $2.59, revenue of $739M

March 8, 2024 | markets.businessinsider.com

Genesco Q4 Profit Down, Misses View; Sees FY25 Earnings Below Street; Stock Down In Pre-market

March 8, 2024 | finance.yahoo.com

Genesco Inc (GCO) Reports Mixed Fiscal 2024 Results Amid Challenging Retail Environment

March 8, 2024 | businesswire.com

Genesco Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results

March 7, 2024 | msn.com

Genesco Q4 2024 Earnings Preview

March 7, 2024 | markets.businessinsider.com

What Wall Street expects from Genesco's earnings

March 7, 2024 | benzinga.com

Earnings Outlook For Genesco

March 6, 2024 | ca.investing.com

B. Riley downgrades Genesco to Neutral, shares slide

March 6, 2024 | msn.com

Genesco slumps after B. Riley pulls bull rating due to lowered earnings expectations

February 27, 2024 | seekingalpha.com

Genesco: Focus On Future Margin Trajectory

See More Headlines

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Company Calendar

Last Earnings: 3/08/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/23/2024
Fiscal Year End: 1/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Shoe stores
Sub-Industry: Apparel Retail
Current Symbol: NYSE:GCO
CUSIP: 37153210
CIK: 18498
Web: www.genesco.com
Phone: (615) 367-7000
Fax: 615-367-8579
Employees: 18,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $31.00
High Stock Price Target: $31.00
Low Stock Price Target: $31.00
Potential Upside/Downside: +22.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.32)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 39.11
P/E Growth: N/A
Net Income: $-16,830,000.00
Net Margins: -0.72%
Pretax Margin: -0.94%
Return on Equity: 1.15%
Return on Assets: 0.44%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 1.59
Quick Ratio: 0.40

Sales & Book Value

Annual Sales: $2.32 billion
Price / Sales: 0.13
Cash Flow: $7.28 per share
Price / Cash Flow: 3.49
Book Value: $49.65 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 11,480,000
Free Float: 10,750,000
Market Cap: $291.82 million
Optionable: Optionable
Beta: 2.27

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Key Executives

Ms. Mimi Eckel Vaughn (Age 57)
Chairman, President & CEO
Comp: $1.04M
Mr. Thomas Allen George (Age 68)
CFO & Senior VP of Finance
Comp: $581.54k
Mr. Parag D. Desai (Age 49)
Senior VP, Chief Strategy & Digital Officer
Comp: $433.65k
Mr. Mario Gallione (Age 62)
Consultant
Comp: $540.86k
Mr. Daniel E. Ewoldsen (Age 53)
Senior VP and President of Johnston & Murphy Group
Comp: $795.29k
Mr. Brently G. Baxter (Age 58)
VP & Chief Accounting Officer
Darryl MacQuarrie
Senior Director of FP&A and Investor Relations
Mr. Scott Eric Becker (Age 55)
Senior VP, General Counsel & Corporate Secretary
Comp: $1.25M
Mr. Andrew I. Gray (Age 45)
President of the Journeys Group
Mr. Colin Temple
Managing Director of schuh

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Genesco stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Genesco in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GCO, but not buy additional shares or sell existing shares.
View GCO analyst ratings or view top-rated stocks.
What is Genesco's stock price target for 2024?: 1 Wall Street analysts have issued 1-year price targets for Genesco's stock. Their GCO share price targets range from $31.00 to $31.00. On average, they predict the company's stock price to reach $31.00 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for GCO or view top-rated stocks among Wall Street analysts.
How have GCO shares performed in 2024?: Genesco's stock was trading at $35.21 at the beginning of the year. Since then, GCO shares have decreased by 27.8% and is now trading at $25.42.
View the best growth stocks for 2024 here.
Are investors shorting Genesco?: Genesco saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 730,500 shares, a decline of 12.9% from the February 29th total of 838,700 shares. Based on an average trading volume of 119,600 shares, the days-to-cover ratio is currently 6.1 days. Currently, 6.9% of the shares of the stock are short sold.
View Genesco's Short Interest.
When is Genesco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our GCO earnings forecast.
How were Genesco's earnings last quarter?: Genesco Inc. (NYSE:GCO) released its quarterly earnings data on Friday, March, 8th. The company reported $2.59 EPS for the quarter, missing the consensus estimate of $2.66 by $0.07. The firm had revenue of $739 million for the quarter, compared to the consensus estimate of $705.66 million. Genesco had a positive trailing twelve-month return on equity of 1.15% and a negative net margin of 0.72%. The firm's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.06 EPS.

What guidance has Genesco issued on next quarter's earnings?: Genesco issued an update on its FY 2025 earnings guidance on Friday, March, 8th. The company provided earnings per share guidance of 0.600-1.000 for the period, compared to the consensus earnings per share estimate of 2.530. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 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 Xtrackers California Municipal Bond ETF (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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GCO) was last updated on 4/18/2024 by MarketBeat.com Staff

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Genesco (GCO) Stock Price, News & Analysis

Genesco MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Genesco Stock (NYSE:GCO)

GCO Stock Price History

GCO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GCO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™