Genesco (NYSE:GCO - Get Free Report) posted its earnings results on Friday. The company reported $3.26 EPS for the quarter, missing analysts' consensus estimates of $3.31 by ($0.05), RTT News reports. Genesco had a negative net margin of 1.13% and a positive return on equity of 0.56%. The firm had revenue of $745.95 million for the quarter, compared to analysts' expectations of $780.43 million. During the same period in the previous year, the company earned $2.59 EPS. Genesco updated its FY 2026 guidance to 1.300-1.700 EPS.
Genesco Stock Performance
Shares of Genesco stock traded down $2.29 during midday trading on Tuesday, hitting $20.23. The company had a trading volume of 714,747 shares, compared to its average volume of 165,243. The company has a fifty day simple moving average of $39.39 and a 200 day simple moving average of $34.24. The stock has a market cap of $226.76 million, a price-to-earnings ratio of -8.32 and a beta of 2.41. The company has a quick ratio of 0.32, a current ratio of 1.56 and a debt-to-equity ratio of 0.19. Genesco has a 12-month low of $20.14 and a 12-month high of $44.80.
Analyst Ratings Changes
Separately, StockNews.com downgraded Genesco from a "buy" rating to a "hold" rating in a research note on Friday.
Check Out Our Latest Stock Analysis on GCO
Insiders Place Their Bets
In other news, VP Daniel E. Ewoldsen sold 4,000 shares of Genesco stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $42.68, for a total transaction of $170,720.00. Following the completion of the sale, the vice president now directly owns 41,358 shares in the company, valued at approximately $1,765,159.44. The trade was a 8.82 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 7.09% of the stock is owned by insiders.
About Genesco
(
Get Free Report)
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.
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