A share price of Genesco Inc [GCO] is currently trading at $22.09, up 0.23%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The GCO shares have gain 6.66% over the last week, with a monthly amount drifted -43.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Genesco Inc [NYSE: GCO] stock has seen the most recent analyst activity on March 05, 2024, when B. Riley Securities downgraded its rating to a Neutral and also revised its price target to $31 from $43. Previously, B. Riley Securities started tracking the stock with Buy rating on December 15, 2023, and set its price target to $43. On December 04, 2023, downgrade downgraded it’s rating to Neutral. Seaport Research Partners upgraded its rating to a Buy but stick to its price target of $50 on March 28, 2023. Seaport Research Partners downgraded its rating to a Neutral. Seaport Research Partners started tracking with a Buy rating for this stock on January 18, 2022, and assigned it a price target of $72.
Genesco Inc experienced fluctuations in its stock price throughout the past year between $20.09 and $44.80. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Genesco Inc [NYSE: GCO] shares were valued at $22.09 at the most recent close of the market. An investor can expect a potential return of 81.08% based on the average GCO price forecast.
Analyzing the GCO fundamentals
Trailing Twelve Months sales for Genesco Inc [NYSE:GCO] were 2.33B which represents 0.95% growth. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.04 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.89.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.61 points at the first support level, and at 21.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.65, and for the 2nd resistance point, it is at 23.20.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Genesco Inc [NYSE:GCO] is 1.60. Further, the Quick Ratio stands at 0.48, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.11, the price to book ratio is 0.48.
Transactions by insiders
Recent insider trading involved SANDFORT GREGORY A, Director, that happened on Mar 20 ’25 when 10974.0 shares were purchased. Retired Officer, GEORGE THOMAS completed a deal on Jan 23 ’25 to buy 25184.0 shares. Meanwhile, Retired Officer GEORGE THOMAS bought 22576.0 shares on Dec 23 ’24.
