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.

Many analysts weighed in on price targets for GCO. The most optimistic price target was 48, which equates to a potential upside of 47.24 percent. The minimum price target given was 38, implying a possible loss of 16.56 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -116.23 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -13 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

GCO has an estimated earnings growth rate of -9.53 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. GCO has a PEG ratio of -0.77.

In the trailing 52-weeks, GCO hit 74.21 at the highest peak, while it's lowest trading point was 28.88. The current market price is above the trailing year's low by 12.88 percent, and 56.07 percent lower than its 52-week high. GCO has a P/E 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's next earnings release will be on 0000-00-00, which is days away.