Genesco Inc. (GCO - Free Report) was a big mover last session, as its shares rose over 9% on the day. The upside followed the announcement of the company's better-than-expected earnings for the first quarter of fiscal 2017. This reverses the recent downtrend for the company as the stock is now down almost 10% in the past one-month time frame.
Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Genesco Inc. currently has a Zacks Rank #3 (Hold).
A better-ranked retail-apparel/shoes stock is The Children's Place, Inc. (PLCE - Free Report) which sports a Zacks Rank #1 (Strong Buy).
Is GCO going up? Or down? Predict to see what others think: Up or Down
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Genesco Inc. (GCO - Free Report) was a big mover last session, as its shares rose over 9% on the day. The upside followed the announcement of the company's better-than-expected earnings for the first quarter of fiscal 2017. This reverses the recent downtrend for the company as the stock is now down almost 10% in the past one-month time frame.
Over the last 30 days, the company witnessed one negative estimate revision while the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Genesco Inc. currently has a Zacks Rank #3 (Hold).
A better-ranked retail-apparel/shoes stock is The Children's Place, Inc. (PLCE - Free Report) which sports a Zacks Rank #1 (Strong Buy).
Is GCO going up? Or down? Predict to see what others think: Up or Down
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 >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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