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, implying a possible profit of 47.24 percent. The most pessimistic price target was 38, implying potential capital losses of 16.56 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's 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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, 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.

GCO has a 52-week high of 74.21 and a 52-week low of 28.88. Currently the stock is 12.88 percent higher than its low, and below the high by 56.07 percent. 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 market cap of GCO is $0.61329 billion. GCO's next earnings release will be on 0000-00-00, which is days away.