您的当前位置:首页 > Entertainment > 【smith and wesson model 29 serial number list】Genesco (GCO) Gains But Lags Market: What You Should Know 正文
时间:2024-09-29 08:12:22 来源:网络整理 编辑:Entertainment
Genesco (GCO) closed at $32.42 in the latest trading session, marking a +1.6% move from the prior da smith and wesson model 29 serial number list
Genesco (GCO) closed at $32.42 in the latest trading session,smith and wesson model 29 serial number list marking a +1.6% move from the prior day. This change lagged the S&P 500's 4.22% gain on the day. Elsewhere, the Dow gained 4.53%, while the tech-heavy Nasdaq added 3.85%.
Coming into today, shares of the seller of footwear, hats, clothing and accessories had lost 20.23% in the past month. In that same time, the Retail-Wholesale sector lost 4.46%, while the S&P 500 lost 7.39%.
Wall Street will be looking for positivity from GCO as it approaches its next earnings report date. This is expected to be March 12, 2020. On that day, GCO is projected to report earnings of $2.48 per share, which would represent year-over-year growth of 13.76%. Meanwhile, our latest consensus estimate is calling for revenue of $687.75 million, up 1.81% from the prior-year quarter.
It is also important to note the recent changes to analyst estimates for GCO. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. GCO is holding a Zacks Rank of #2 (Buy) right now.
Investors should also note GCO's current valuation metrics, including its Forward P/E ratio of 6.65. Its industry sports an average Forward P/E of 10.59, so we one might conclude that GCO is trading at a discount comparatively.
It is also worth noting that GCO currently has a PEG ratio of 1.33. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. GCO's industry had an average PEG ratio of 1 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 88, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Story continues
To follow GCO in the coming trading sessions, be sure to utilize Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report
Genesco Inc. (GCO) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
View comments
Exxon CEO sticks to spending targets as oil prices tumble2024-09-29 08:05
Cryptocurrencies Annual Market Recap – 20182024-09-29 07:51
BRIEF-Keda Clean Energy And Partner Plan Investments In Senegal, Zambia Projects2024-09-29 07:37
Beneficial Mutual: 4Q Earnings Snapshot2024-09-29 06:52
LOPE SHAREHOLDER ALERT: Lawsuit Filed For Grand Canyon Investors2024-09-29 06:31
Euro zone inflation falls, though core rate inches higher2024-09-29 06:28
BRIEF-Atlinks Group Says Expected To Record A Loss For Year2024-09-29 06:26
The Bank of Commerce Holdings (NASDAQ:BOCH) Share Price Is Up 95% And Shareholders Are Holding On2024-09-29 05:48
Investview (INVU) Reports Record $1.4 Million Month Bitcoin Mining Revenue and Increased Bitcoin Holdings2024-09-29 05:26
Butler Snow Expands in Austin, Continuing Long-Term Growth Strategy2024-09-29 05:26
MERGER INVESTIGATION ALERT: Halper Sadeh LLP Encourages CKH, PS, WDR, and EIDX Shareholders to Contact the Firm2024-09-29 08:01
What does Powerlong Real Estate Holdings Limited’s (HKG:1238) Balance Sheet Tell Us About Its Future?2024-09-29 07:57
Best Buy deals on top-tier devices by Samsung, Sony and more are ushering in 2022 with huge savings2024-09-29 07:52
PRESS DIGEST- Financial Times - Feb 12024-09-29 07:44
Is AquaBounty Technologies (NASDAQ:AQB) Using Too Much Debt?2024-09-29 07:22
The iPhone upgrade test: Apple investors still in search of a reason to get really excited about buying stock2024-09-29 06:34
Banks and tech will finally get married in the 2020s: Wells Fargo's Mike Mayo2024-09-29 06:08
Japan fourth quarter capex points to upward revision to GDP but outlook weak2024-09-29 05:44
Insights on the Surgical Sealant/Tissue Patch Global Market to 2025 - Key Drivers and Restraints2024-09-29 05:42
Should You Be Concerned About Super Strong Holdings Limited’s (HKG:8262) ROE?2024-09-29 05:38