The stock of Genesco Inc. (GCO) has gone down by -35.93% for the week, with a -42.00% drop in the past month and a -54.72% drop in the past quarter. The volatility ratio for the week is 7.86%, and the volatility levels for the past 30 days are 4.50% for GCO. The simple moving average for the past 20 days is -35.78% for GCO’s stock, with a -54.20% simple moving average for the past 200 days.
Is It Worth Investing in Genesco Inc. (NYSE: GCO) Right Now?
Genesco Inc. (NYSE: GCO) has a price-to-earnings ratio of 3.45x that is above its average ratio. Additionally, the 36-month beta value for GCO is 1.94. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for GCO is $34.00, which is $26.31 above the current price. The public float for GCO is 11.77M and currently, short sellers hold a 5.09% ratio of that float. The average trading volume of GCO on May 26, 2023 was 197.62K shares.
GCO) stock’s latest price update
The stock of Genesco Inc. (NYSE: GCO) has decreased by -32.18 when compared to last closing price of 29.77.Despite this, the company has seen a loss of -35.93% in its stock price over the last five trading days.
GCO Trading at -41.10% from the 50-Day Moving Average
After a stumble in the market that brought GCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.60% of loss for the given period.
Volatility was left at 4.50%, however, over the last 30 days, the volatility rate increased by 7.86%, as shares sank -41.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.61% lower at present.
During the last 5 trading sessions, GCO fell by -35.93%, which changed the moving average for the period of 200-days by -66.03% in comparison to the 20-day moving average, which settled at $30.71. In addition, Genesco Inc. saw -56.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GCO starting from Bilunas Matthew M, who purchase 510 shares at the price of $49.01 back on Feb 02. After this action, Bilunas Matthew M now owns 510 shares of Genesco Inc., valued at $24,995 using the latest closing price.
Bojanowski Carolyn, the Director of Genesco Inc., purchase 510 shares at $49.01 during a trade that took place back on Feb 02, which means that Bojanowski Carolyn is holding 510 shares at $24,995 based on the most recent closing price.
Stock Fundamentals for GCO
Current profitability levels for the company are sitting at:
- +3.95 for the present operating margin
- +47.64 for the gross margin
The net margin for Genesco Inc. stands at +3.03. The total capital return value is set at 7.75, while invested capital returns managed to touch 6.74. Equity return is now at value 12.40, with 4.80 for asset returns.
Based on Genesco Inc. (GCO), the company’s capital structure generated 95.63 points at debt to equity in total, while total debt to capital is 48.88. Total debt to assets is 40.26, with long-term debt to equity ratio resting at 73.48. Finally, the long-term debt to capital ratio is 37.56.
When we switch over and look at the enterprise to sales, we see a ratio of 0.38, with the company’s debt to enterprise value settled at 0.51. The receivables turnover for the company is 35.67 and the total asset turnover is 1.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.59.
Conclusion
In conclusion, Genesco Inc. (GCO) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
