Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Genesco Inc before investing.
In this article, we go over a few key elements for understanding Genesco Inc’s stock price such as:
- Genesco Inc’s current stock price and volume
- Why Genesco Inc’s stock price changed recently
- Upgrades and downgrades for GCO from analysts
- GCO’s stock price momentum as measured by its relative strength
About Genesco Inc
(GCO)
Before we jump into Genesco Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.
Genesco Inc. is a retailer and wholesaler of branded footwear, apparel and accessories. The Company’s segments include Journeys Group, Schuh Group, Johnston & Murphy Group and Genesco Brands Group. The Journeys Group segment comprises the Journeys, Journeys Kidz and Little Burgundy retail footwear chains and e-commerce operations. The Schuh Group segment comprises the Schuh retail footwear chain and e-commerce operations. The Johnston & Murphy Group segment comprises Johnston & Murphy retail operations, e-commerce operations and wholesale distribution of products under the Johnston & Murphy brand. The Genesco Brands Group segment comprises the licensed Dockers, Levi's, and G.H. Bass brands, as well as other brands it licenses for footwear. It operates over 1,341 retail footwear and accessory stores located primarily throughout the United States and in Puerto Rico, including 77 footwear stores in Canada and 122 footwear stores in the United Kingdom and the Republic of Ireland.
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Genesco Inc’s Stock Price as of Market Close
As of July 08, 2024, 4:00 PM, CST, Genesco Inc’s stock price was $25.20.
Genesco Inc is up 4.43% from its previous closing price of $24.13.
During the last market session, Genesco Inc’s stock traded between $23.68 and $24.58. Currently, there are 10.93 million shares of Genesco Inc stock available for purchase.
Unfortunately, Genesco Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.
Genesco Inc Stock Price History
Genesco Inc’s
(GCO) price is currently down 2.55% so far this month.
During the month of July, Genesco Inc’s stock price has reached a high of $25.90 and a low of $23.41.
Over the last year, Genesco Inc has hit prices as high as $37.89 and as low as $23.21. Year to date, Genesco Inc’s stock is down 45.24%.
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What Caused Genesco Inc Stock’s Price to Rise?
Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?
When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 05, 2024, there was 1 analyst who downgraded Genesco Inc’s stock and 0 analysts who upgraded over the last month.
Additionally, you'll want to evaluate Genesco Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Genesco Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.
Genesco Inc’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.
Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.
Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Genesco Inc
(GCO) by visiting AAII Stock Evaluator.
Relative Price Strength of Genesco Inc
Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.
For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.
As of July 05, 2024, Genesco Inc has a weighted four-quarter relative price strength of -6.61%, which translates to a Momentum Score of 48 and is considered to be Average.
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Genesco Inc Stock Price: Bottom Line
As of July 8, 2024, Genesco Inc’s stock price is $25.20, which is up 4.43% from its previous closing price.
AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Genesco Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.
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