News stories about Genesco (NYSE:GCO) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Genesco earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.3715726495471 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Genesco Inc. Issues Statement In Response To 13D Filing By Legion Partners Asset Management And 4010 Capital (finance.yahoo.com)
- L Brands (LB) and Genesco (GCO) Critical Survey (americanbankingnews.com)
- Are DSW’s Growth Strategies Headed in the Right Direction? (finance.yahoo.com)
- Will Genesco Get a Decent Boost from Holiday Season? (zacks.com)
- FY2018 EPS Estimates for Genesco Inc. (GCO) Decreased by Jefferies Group (americanbankingnews.com)
Genesco (GCO) opened at $34.15 on Wednesday. Genesco has a 1-year low of $20.90 and a 1-year high of $65.70. The stock has a market cap of $702.94, a P/E ratio of -5.39, a PEG ratio of 1.21 and a beta of 1.37. The company has a current ratio of 2.31, a quick ratio of 0.47 and a debt-to-equity ratio of 0.29.
Several analysts have commented on the stock. Susquehanna Bancshares restated a “hold” rating and issued a $31.00 price objective on shares of Genesco in a report on Tuesday. Jefferies Group upgraded shares of Genesco from a “hold” rating to a “buy” rating in a report on Tuesday, January 2nd. ValuEngine lowered shares of Genesco from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded shares of Genesco from a “strong sell” rating to a “hold” rating in a report on Thursday, January 4th. Finally, Robert W. Baird restated a “hold” rating and issued a $35.00 price objective on shares of Genesco in a report on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $34.38.
Genesco Company Profile
Genesco Inc is a retailer and wholesaler of footwear, apparel and accessories. The Company operates in five segments: Journeys Group, Schuh Group, Lids Sports Group, Johnston & Murphy Group and Licensed Brands. It relies on independent third-party manufacturers for production of its footwear products sold at wholesale.
Receive News & Ratings for Genesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genesco and related companies with MarketBeat.com's FREE daily email newsletter.