The leading market experts have placed a mean price target of $57.78 on Genesco Inc. (NYSE:GCO) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.16 a share for the upcoming quarter and $4.01 for the current fiscal.
The technical analysis of Genesco Inc. Common Stock plainly substantiates that the 50-day moving average of Genesco Inc. Common Stock is $69.24, and stock is trading $-20.91 points away or -30.20% from its 50-day moving average of $69.24. Further it is trading $-18.83 or -28.03% away its 200-day moving average of $67.16. Genesco Inc. (NYSE:GCO) 52-week high is $74.21 and the 52-week low is $47.66.
This explains if the stock moves $-25.88, it will post a 52-week high. In event of +1.41% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Genesco Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Genesco Inc. (NYSE:GCO) ratio came in at 10.14.
The stock last ended the trading session at $48.33 and registered a market cap of $975.98M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Genesco Inc. (NYSE:GCO) PEG ratio is at 1.22.
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