Genesco Stock Price on July 1, 2024

GCO Stock  USD 40.92  0.64  1.59%   
Below is the normalized historical share price chart for Genesco extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Genesco stands at 40.92, as last reported on the 25th of December, with the highest price reaching 40.92 and the lowest price hitting 40.10 during the day.
IPO Date
1st of July 1985
200 Day MA
28.4294
50 Day MA
33.0058
Beta
2.411
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Genesco Stock, it is important to understand the factors that can impact its price. Genesco appears to be very steady, given 3 months investment horizon. Genesco holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Genesco's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please utilize Genesco's Market Risk Adjusted Performance of 0.3314, downside deviation of 2.7, and Risk Adjusted Performance of 0.1694 to validate if our risk estimates are consistent with your expectations.
  
At this time, Genesco's Common Stock Shares Outstanding is very stable compared to the past year. As of the 25th of December 2024, Common Stock is likely to grow to about 17.5 M, while Total Stockholder Equity is likely to drop about 422.8 M. . As of the 25th of December 2024, Price To Sales Ratio is likely to grow to 0.59. Also, Price Earnings Ratio is likely to grow to 17.19. Genesco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2004

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Estimated Market Risk

 3.61
  actual daily
32
68% of assets are more volatile

Expected Return

 0.72
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average Genesco is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Genesco by adding it to a well-diversified portfolio.
Price Book
0.8751
Enterprise Value Ebitda
17.0455
Price Sales
0.1994
Shares Float
10.3 M
Wall Street Target Price
40

Genesco Valuation on July 1, 2024

It is possible to determine the worth of Genesco on a given historical date. On July 1, 2024 Genesco was worth 25.79 at the beginning of the trading date compared to the closed value of 24.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Genesco stock. Still, in general, we apply an absolute valuation method to find Genesco's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Genesco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Genesco's related companies.
 Open High Low Close Volume
  24.62    25.86    24.62    25.86    317,438  
07/01/2024
  25.79    25.90    24.32    24.34    174,771  
  24.25    24.41    23.41    23.45    173,452  
Backtest Genesco  |  Genesco History  |  Genesco Valuation   PreviousNext  
Open Value
25.79
24.34
Closing Value
36.60
Upside

Genesco Trading Date Momentum on July 1, 2024

On July 02 2024 Genesco was traded for  23.45  at the closing time. Highest Genesco's price during the trading hours was 24.41  and the lowest price during the day was  23.41 . The net volume was 173.5 K. The overall trading history on the 2nd of July contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.66% . The overall trading delta to current price is 5.51% .

Genesco Fundamentals Correlations and Trends

By evaluating Genesco's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Genesco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Genesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Genesco Stock history

Genesco investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Genesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Genesco will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Genesco stock prices may prove useful in developing a viable investing in Genesco
Last ReportedProjected for Next Year
Common Stock Shares Outstanding11.2 M17.3 M
Net Income Applicable To Common Shares64.7 M39.8 M

Genesco Quarterly Net Working Capital

211.06 Million

Genesco Stock Technical Analysis

Genesco technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Genesco technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Genesco trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Genesco Period Price Range

Low
December 25, 2024
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High

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Genesco cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Genesco December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Genesco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genesco shares will generate the highest return on investment. By undertsting and applying Genesco stock market strength indicators, traders can identify Genesco entry and exit signals to maximize returns

Genesco Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Genesco's price direction in advance. Along with the technical and fundamental analysis of Genesco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Genesco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Genesco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genesco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genesco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genesco Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Genesco Stock, please use our How to Invest in Genesco guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genesco. If investors know Genesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genesco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
(3.11)
Revenue Per Share
210.709
Quarterly Revenue Growth
0.004
Return On Assets
0.0035
The market value of Genesco is measured differently than its book value, which is the value of Genesco that is recorded on the company's balance sheet. Investors also form their own opinion of Genesco's value that differs from its market value or its book value, called intrinsic value, which is Genesco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genesco's market value can be influenced by many factors that don't directly affect Genesco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.