Genesco Stock Today

GCO Stock  USD 28.14  1.01  3.72%   

Performance

0 of 100

 
Low
 
High
Very Weak

Odds Of Distress

Less than 30

 
100  
 
Zero
Below Average
Genesco is selling at 28.14 as of the 29th of March 2024; that is 3.72 percent up since the beginning of the trading day. The stock's open price was 27.13. Genesco has about a 30 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Genesco are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2023 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
1st of July 1985
Category
Consumer Cyclical
Classification
Consumer Discretionary
Genesco Inc. operates as a retailer and wholesaler of footwear, apparel, and accessories. Genesco Inc. was incorporated in 1924 and is headquartered in Nashville, Tennessee. Genesco operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. The company has 11.49 M outstanding shares of which 838.69 K shares are currently shorted by investors with about 8.98 days to cover. More on Genesco

Moving together with Genesco Stock

  0.74FL Foot Locker Sell-off TrendPairCorr

Moving against Genesco Stock

  0.65DIBS 1StdibsCom Financial Report 8th of May 2024 PairCorr
  0.46HD Home Depot Financial Report 21st of May 2024 PairCorr

Genesco Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Genesco's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Genesco or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOJames Estepa
Business ConcentrationSpecialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, Consumer Discretionary, Specialty Retail, Apparel Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Genesco report their recommendations after researching Genesco's financial statements, talking to executives and customers, or listening in on Genesco's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Genesco. The Genesco consensus assessment is calculated by taking the average forecast from all of the analysts covering Genesco.
Financial Strength
Based on the analysis of Genesco's profitability, liquidity, and operating efficiency, Genesco is performing exceptionally good at the moment. It has a great risk to report excellent financial results in April. Financial strength of Genesco is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.811.748
Sufficiently Up
Pretty Stable
Gross Profit Margin0.490.4727
Sufficiently Up
Very volatile
Total Current Liabilities190.9 M319.5 M
Way Down
Slightly volatile
Non Current Liabilities Total226.2 M439.2 M
Way Down
Slightly volatile
Total Assets839.9 M1.3 B
Way Down
Pretty Stable
Total Current Assets442.6 M507.4 M
Fairly Down
Very volatile
Genesco's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Genesco's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Genesco's financial leverage. It provides some insight into what part of Genesco's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Genesco's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Genesco deploys its capital and how much of that capital is borrowed.
Liquidity
Genesco cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 522.94 M in debt with debt to equity (D/E) ratio of 1.07, which is OK given its current industry classification. Genesco has a current ratio of 1.54, which is typical for the industry and considered as normal. Debt can assist Genesco until it has trouble settling it off, either with new capital or with free cash flow. So, Genesco's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Genesco sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Genesco to invest in growth at high rates of return. When we think about Genesco's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(45.2 Million)
Genesco (GCO) is traded on New York Stock Exchange in USA. It is located in 535 Marriott Drive, Nashville, TN, United States, 37214 and employs 40 people. Genesco is listed under Specialty Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 311.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Genesco's market, we take the total number of its shares issued and multiply it by Genesco's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Genesco runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 11.49 M outstanding shares of which 838.69 K shares are currently shorted by investors with about 8.98 days to cover. Genesco has about 47.99 M in cash with 94.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.44.
Check Genesco Probability Of Bankruptcy
Ownership Allocation
Genesco secures a total of 11.49 Million outstanding shares. The majority of Genesco outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Genesco to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Genesco. Please pay attention to any change in the institutional holdings of Genesco as this could imply that something significant has changed or is about to change at the company. Also note that almost four hundred fifty-nine thousand five hundred sixty invesors are currently shorting Genesco expressing very little confidence in its future performance.
Check Genesco Ownership Details

Genesco Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Genesco jumping above the current price in 90 days from now is about 66.95%. The Genesco probability density function shows the probability of Genesco stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 3.6692. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Genesco will likely underperform. Additionally, genesco has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 28.14HorizonTargetOdds Above 28.14
32.92%90 days
 28.14 
66.95%
Based on a normal probability distribution, the odds of Genesco to move above the current price in 90 days from now is about 66.95 (This Genesco probability density function shows the probability of Genesco Stock to fall within a particular range of prices over 90 days) .

Genesco Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Genesco that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Genesco's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Genesco's value.
InstituionRecorded OnShares
Millennium Management Llc2023-12-31
305.8 K
Lsv Asset Management2023-12-31
282.4 K
Morgan Stanley - Brokerage Accounts2023-12-31
256.1 K
Geode Capital Management, Llc2023-12-31
237 K
Jacobs Levy Equity Management, Inc.2023-09-30
231.1 K
Marshall Wace Asset Management Ltd2023-12-31
227.2 K
Acadian Asset Management Llc2023-12-31
183.5 K
Hotchkis & Wiley Capital Management Llc2023-12-31
171.3 K
Gate City Capital Management, Llc2023-12-31
146.6 K
Alliancebernstein L.p.2023-12-31
1.2 M
Blackrock Inc2023-12-31
992.8 K
View Genesco Diagnostics

Genesco Historical Income Statement

Genesco Income Statement is one of the three primary financial statements used for reporting Genesco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Genesco revenue and expense. Genesco Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Genesco's Selling General Administrative is very stable compared to the past year. As of the 29th of March 2024, Non Recurring is likely to grow to about 220 M, while Depreciation And Amortization is likely to drop about 6.5 M. View More Fundamentals

Genesco Stock Against Markets

Picking the right benchmark for Genesco stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Genesco stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Genesco is critical whether you are bullish or bearish towards Genesco at a given time. Please also check how Genesco's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Genesco without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Positions Ratings Now

   

Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Genesco Corporate Directors

Genesco corporate directors refer to members of a Genesco board of directors. The board of directors generally takes responsibility for the Genesco's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Genesco's board members must vote for the resolution. The Genesco board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Marjorie BowenIndependent DirectorProfile
Kathleen MasonIndependent DirectorProfile
Joanna BarshIndependent DirectorProfile
Joshua SchechterIndependent DirectorProfile

How to buy Genesco Stock?

Before investing in Genesco, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Genesco. To buy Genesco stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Genesco. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Genesco stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Genesco stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Genesco stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Genesco, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Genesco Stock please use our How to Invest in Genesco guide.

Already Invested in Genesco?

The danger of trading Genesco is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Genesco is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Genesco. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Genesco is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Genesco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genesco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genesco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genesco Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.
Note that the Genesco information on this page should be used as a complementary analysis to other Genesco's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Genesco Stock analysis

When running Genesco's price analysis, check to measure Genesco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genesco is operating at the current time. Most of Genesco's value examination focuses on studying past and present price action to predict the probability of Genesco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesco's price. Additionally, you may evaluate how the addition of Genesco to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Is Genesco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genesco. If investors know Genesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genesco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
(0.74)
Revenue Per Share
206.762
Quarterly Revenue Growth
0.019
Return On Assets
0.0073
The market value of Genesco is measured differently than its book value, which is the value of Genesco that is recorded on the company's balance sheet. Investors also form their own opinion of Genesco's value that differs from its market value or its book value, called intrinsic value, which is Genesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genesco's market value can be influenced by many factors that don't directly affect Genesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.