Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Genesco Inc (NYSE: GCO) closed the day trading at $27.11 down -16.33% from the previous closing price of $32.40. In other words, the price has decreased by -$16.33 from its previous closing price. On the day, 1.23 million shares were traded.
Ratios:
For a better understanding of GCO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on March 05, 2024, Downgraded its rating to Neutral and sets its target price to $31 from $43 previously.
On December 15, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $43.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 23 ’25 when GEORGE THOMAS bought 25,184 shares for $42.84 per share.
GEORGE THOMAS bought 22,576 shares of GCO for $911,201 on Dec 23 ’24. On Dec 17 ’24, another insider, Ewoldsen Daniel E, who serves as the Senior VP of the company, sold 4,000 shares for $42.68 each. As a result, the insider received 170,720 and left with 41,358 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 0.59.
Stock Price History:
Over the past 52 weeks, GCO has reached a high of $44.80, while it has fallen to a 52-week low of $23.21. The 50-Day Moving Average of the stock is -31.89%, while the 200-Day Moving Average is calculated to be -14.61%.
Shares Statistics:
A total of 11.21M shares are outstanding, with a floating share count of 10.41M. Insiders hold about 7.15% of the company’s shares, while institutions hold 92.43% stake in the company.