Shares of Genesco Inc. (NYSE:GCO) ended 2.77% higher at $26. Nearly 0.31 million shares were traded by the close, lower than its average daily volume of 0.47 million shares.
Genesco Inc. (GCO) Analyst Opinion
Genesco Inc. has a consensus hold rating from 9 Wall Street analysts, and the number of shares currently sold short amount to at least 8.73% of shares outstanding. The stock spiked 5.48% last month and is down -58.13 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover GCO having a buy-equivalent rating. Analysts have placed a $27.89 price target on Genesco Inc., suggesting a 7.27% gain from recent close. It’s currently trading about -63.89% below its 52-week high.
Genesco Inc. Earnings Surprise
Genesco Inc. (GCO) failed to surprise the stock market in its last reported earnings when it earned -$0.1 a piece versus the consensus-estimated -$0.08. Its revenue totaled $626.89 million down -2.56% from the previous quarter.
Genesco Inc. (NYSE:GCO) Intraday View
This stock (GCO) is ahead of its 52-week low with 24.4%. Its last month’s stock price volatility remained 4.08% which for the week stands at 4.22%. The share price has moved forward from its 20 days moving average, trading at a distance of 0.12% and stays -2.09% away from its 50 days moving average. Over the last five days, shares have faced -1.52% losses and now is down -41.03% since hitting its 200-day moving average of $36.65. Genesco Inc. (GCO) has made its way to a 12-month decline of -53.84%.
Turning to Lands’ End, Inc. (NASDAQ:LE), its shares were trading at $12.55 a retreat of $-0.35, on the trading floor. The stock, after opening at $12.95, touched a high of $13.2 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. Lands’ End, Inc. has 0 buy ratings, 2 holds and 0 sells even after the stock tumbled -49.4% from its high of $24.8 to a $401.22 million market value through last close.
Lands’ End, Inc. (LE) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 3 to 3 during a month. Analysts set a 12-month price target of $17.5 a share. The target implies a 39.44% spike from where the shares are currently trading. Also, the current price highlights a discount of 19.52% to analysts’ high consensus price target.
Lands’ End, Inc. (NASDAQ:LE) Intraday Trading
The counter witnessed a trading volume of 0.28 million shares versus an average volume of 0.31 million shares during last trading session. Its last month’s stock price volatility remained 4.42% which for the week approaches 4.02%. The lowest price the stock reached in the last trading day was $12.35 and compares with the $11.2 52-week low. The stock recovered 12.05% since its low point and has performed -17.16% year-to-date.