Analyst Ratings for Genesco Inc. (GCO)

Updated: 2017-07-27

Genesco Inc. (NYSE:GCO) was awarded an average rating of Overweight from investment analysts following the stock. GCO had previously received a consensus rating of Overweight a month ago.

3 analysts declared GCO a buy, 1 issued an overweight rating, 5 gave a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for GCO by the analysts covering the stock. The most optimistic price target was 48, implying a possible profit of 47.24 percent. The most pessimistic analyst gave a price target of 38, implying potential capital losses of 16.56 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -116.23 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -13 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of GCO to grow at a rate of -9.53 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of GCO is -0.77.

In the trailing 52-weeks, GCO hit 74.21 at the highest peak, while it's lowest trading point was 28.88. Currently the stock is 12.88 percent higher than its low, and 56.07 percent lower than its 52-week high. GCO has a price/earnings ratio of 7.31. Investors typically compare the P/E ratio to a company's peers in the industry. The GCO value stock report compares GCO to some of its peers using value stock charts. The stock has a market capitalization of $0.61329 billion. GCO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.