$-0.06 EPS Expected for Genesco Inc. (GCO)

May 17, 2018 - By Mary Hughes

Genesco Inc. (NYSE:GCO) LogoInvestors sentiment increased to 1.4 in Q4 2017. Its up 0.27, from 1.13 in 2017Q3. It increased, as 13 investors sold Genesco Inc. shares while 40 reduced holdings. 29 funds opened positions while 45 raised stakes. 18.93 million shares or 0.50% less from 19.03 million shares in 2017Q3 were reported.
Pnc Fincl Svcs reported 1,008 shares. Smith Graham & Invest Advsrs Lp owns 394,336 shares. 14,044 were reported by Price T Rowe Inc Md. Assetmark has 53 shares. Arizona State Retirement System has 0.01% invested in Genesco Inc. (NYSE:GCO) for 33,480 shares. Gemmer Asset Management Limited Liability Company holds 120 shares or 0% of its portfolio. Us Bank & Trust De stated it has 4,009 shares or 0% of all its holdings. Jefferies Grp Ltd Liability Corporation invested 0.01% in Genesco Inc. (NYSE:GCO). Lsv Asset invested 0% in Genesco Inc. (NYSE:GCO). Manufacturers Life Ins Com The, a Ontario – Canada-based fund reported 14,930 shares. Quantitative Mgmt Ltd Limited Liability Company owns 0.03% invested in Genesco Inc. (NYSE:GCO) for 69,100 shares. 500,663 are owned by Ameriprise Financial Inc. Jpmorgan Chase & invested in 4,930 shares or 0% of the stock. Riverhead Mngmt Lc invested in 0% or 2,531 shares. Fmr Limited Liability Company reported 1.09 million shares.

Since April 4, 2018, it had 0 insider purchases, and 1 insider sale for $93,087 activity.

Analysts expect Genesco Inc. (NYSE:GCO) to report $-0.06 EPS on June, 5 before the open.They anticipate $0.12 EPS change or 200.00 % from last quarter’s $0.06 EPS. After having $2.15 EPS previously, Genesco Inc.’s analysts see -102.79 % EPS growth. The stock increased 0.17% or $0.075 during the last trading session, reaching $45.025. About 170,785 shares traded. Genesco Inc. (NYSE:GCO) has declined 31.06% since May 17, 2017 and is downtrending. It has underperformed by 42.61% the S&P500.

Genesco Inc. (NYSE:GCO) Ratings Coverage

Among 6 analysts covering Genesco (NYSE:GCO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Genesco had 16 analyst reports since November 20, 2017 according to SRatingsIntel. As per Friday, February 2, the company rating was maintained by SunTrust. On Thursday, January 18 the stock rating was maintained by Jefferies with “Buy”. The stock has “Buy” rating by Jefferies on Thursday, March 15. On Thursday, April 5 the stock rating was maintained by Robert W. Baird with “Hold”. Piper Jaffray maintained the shares of GCO in report on Wednesday, February 14 with “Buy” rating. The firm earned “Buy” rating on Monday, February 26 by Jefferies. Jefferies upgraded the stock to “Buy” rating in Tuesday, January 2 report. On Friday, March 16 the stock rating was maintained by Buckingham Research with “Neutral”. The company was maintained on Tuesday, January 9 by SunTrust. On Thursday, January 25 the stock rating was initiated by Pivotal Research with “Buy”.

Genesco Inc. retails and wholesales footwear, apparel, and accessories. The company has market cap of $896.83 million. The company's Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, Shi by Journeys, Little Burgundy, and Underground by Journeys retail stores, as well as through e-commerce and catalogs for young men, women, and children. It currently has negative earnings. The Company’s Schuh Group segment operates Schuh retail footwear stores that offer casual and athletic footwear for men and women, as well as sells footwear through e-commerce.

Another recent and important Genesco Inc. (NYSE:GCO) news was published by Globenewswire.com which published an article titled: “Investor Expectations to Drive Momentum within Aerohive Networks, M/I Homes, bluebird bio, Penske Automotive …” on May 15, 2018.

Genesco Inc. (NYSE:GCO) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: