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.

A number of analysts gave price targets for GCO. The most optimistic price target was 48, implying potential capital gains of 47.24 percent. The lowest price target was 38, implying potential capital losses of 16.56 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -116.23 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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. 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 made negative revisions to their fiscal year's estimates.

GCO has an estimated earnings growth rate of -9.53 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. GCO has a PEG ratio of -0.77.

GCO has traded between a high of 74.21 and a low of 28.88 over the past year. 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 stock has a market capitalization of $0.61329 billion. GCO's next earnings release will be on 0000-00-00, which is days away.