Genesco (GCO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $39.33 to $42.62
• 50-Day Range: $24.93 to $43.99
• 52-Week Range: $23.21 to $44.80
• Volume: 478,440 shs
• Average Volume: 142,175 shs
• Market Capitalization: $462.83 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $31.00
• Consensus Rating: Hold

Genesco Stock Analysis - MarketRank™

Genesco scored higher than 78% of companies evaluated by MarketBeat, and ranked 89th out of 219 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

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 received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 153.09%

Earnings Growth

Earnings for Genesco are expected to grow by 153.09% in the coming year, from $0.81 to $2.05 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Genesco is -16.99, 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 -16.99, 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 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.27% 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 2.9, 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 9.60%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Genesco does not currently pay a dividend.

Dividend Growth

Genesco does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -1.76

Percentage of Shares Shorted

4.27% 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 2.9, 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 9.60%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.76

News Sentiment

Genesco has a news sentiment score of 0.76. 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 5 news articles for Genesco this week, compared to 2 articles on an average week.

Search Interest

19 people have searched for GCO on MarketBeat in the last 30 days. This is an increase of 111% compared to the previous 30 days.

MarketBeat Follows

5 people have added Genesco to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Genesco insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $170,720.00 in company stock.

Percentage Held by Insiders

Only 7.09% 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.

GCO Stock Analysis - Frequently Asked Questions

How have GCO shares performed this year?

Genesco's stock was trading at $35.21 at the beginning of 2024. Since then, GCO shares have increased by 17.2% and is now trading at $41.28.
View the best growth stocks for 2024 here.

How were Genesco's earnings last quarter?

Genesco Inc. (NYSE:GCO) announced its quarterly earnings data on Friday, December, 6th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.31. Genesco's revenue was up 2.9% compared to the same quarter last year.

Who are Genesco's major shareholders?

Top institutional shareholders of Genesco include Pzena Investment Management LLC (10.85%), State Street Corp (2.86%), Geode Capital Management LLC (2.20%) and Charles Schwab Investment Management Inc. (2.04%). Insiders that own company stock include Mimi Eckel Vaughn, Daniel E Ewoldsen and Thomas George.
View institutional ownership trends.

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.

What other stocks do shareholders of Genesco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Genesco investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 12/06/2024
• Today: 12/21/2024
• Fiscal Year End: 1/31/2025

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: -24.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.43)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 50.96
• P/E Growth: N/A
• Net Income: $-16,830,000.00
• Net Margins: -1.13%
• Pretax Margin: -0.01%
• Return on Equity: 0.56%
• Return on Assets: 0.22%

Debt

• Debt-to-Equity Ratio: 0.19
• Current Ratio: 1.56
• Quick Ratio: 0.32

Sales & Book Value

• Annual Sales: $2.32 billion
• Price / Sales: 0.20
• Cash Flow: $6.88 per share
• Price / Cash Flow: 6.00
• Book Value: $46.06 per share
• Price / Book: 0.90

Miscellaneous

• Outstanding Shares: 11,212,000
• Free Float: 10,426,000
• Market Cap: $462.83 million
• Optionable: Optionable
• Beta: 2.47