In last trading session, Genesco Inc (NYSE:GCO) saw 0.35 million shares changing hands with its beta currently measuring 2.27. Company’s recent per share price level of $20.71 trading at -$0.29 or -1.38% at ring of the bell on the day assigns it a market valuation of $232.21M. That closing price of GCO’s stock is at a discount of -116.32% from its 52-week high price of $44.80 and is indicating a premium of 2.99% from its 52-week low price of $20.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.53 million shares which gives us an average trading volume of 254.07K if we extend that period to 3-months.
For Genesco Inc (GCO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -2.06 in the current quarter.
Genesco Inc (NYSE:GCO) trade information
Upright in the red during last session for losing -1.38%, in the last five days GCO remained trading in the red while hitting it’s week-highest on Monday, 03/10/25 when the stock touched $20.71 price level, adding 24.42% to its value on the day. Genesco Inc’s shares saw a change of -51.56% in year-to-date performance and have moved -23.61% in past 5-day. Genesco Inc (NYSE:GCO) showed a performance of -45.50% in past 30-days. Number of shares sold short was 0.62 million shares which calculate 3.14 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 40 to the stock, which implies a rise of 48.22% to its current value. Analysts have been projecting 40 as a low price target for the stock while placing it at a high target of 40. It follows that stock’s current price would drop -93.14% in reaching the projected high whereas dropping to the targeted low would mean a loss of -93.14% for stock’s current value.
Genesco Inc (GCO) estimates and forecasts
This year revenue growth is estimated to rise 0.65% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 463.91M for the same. And 2 analysts are in estimates of company making revenue of 533.32M in the next quarter. Company posted 457.6M and 525.19M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 62.23% while estimates for its earnings growth in next 5 years are of 40.37%.
Genesco Inc (NYSE:GCO)’s Major holders
Insiders are in possession of 8.68% of company’s total shares while institution are holding 94.46 percent of that, with stock having share float percentage of 103.44%. Investors also watch the number of corporate investors in a company very closely, which is 94.46% institutions for Genesco Inc that are currently holding shares of the company. PZENA INVESTMENT MANAGEMENT LLC is the top institutional holder at GCO for having 1.22 million shares of worth $31.58 million. And as of 2024-06-30, it was holding 11.162 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 1.07 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.8023 of outstanding shares, having a total worth of $27.71 million.
On the other hand, Vanguard Total Stock Market Index Fund and Fidelity Rutland Square Tr II-Strategic Advisers U.S. Total Stock Fd are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 348.09 shares of worth $7.21 million or 3.10% of the total outstanding shares. The later fund manager was in possession of 307.28 shares on Dec 31, 2024 , making its stake of worth around $6.36 million in the company or a holder of 2.74% of company’s stock.
