Genesco (NYSE:GCO – Get Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a report released on Friday.
Genesco Stock Performance
NYSE:GCO opened at $27.44 on Friday. Genesco has a fifty-two week low of $23.21 and a fifty-two week high of $37.89. The firm has a market capitalization of $319.02 million, a PE ratio of -14.07 and a beta of 2.40. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.40 and a current ratio of 1.53. The stock’s fifty day moving average is $28.16 and its 200 day moving average is $27.07.
Genesco (NYSE:GCO – Get Free Report) last announced its quarterly earnings data on Friday, September 6th. The company reported ($0.83) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.12) by $0.29. Genesco had a negative net margin of 0.03% and a positive return on equity of 0.49%. The business had revenue of $525.19 million during the quarter, compared to the consensus estimate of $512.19 million. On average, sell-side analysts anticipate that Genesco will post 0.66 earnings per share for the current year.
Hedge Funds Weigh In On Genesco
Genesco Company Profile
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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