Genesco Inc. (GCO - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 26.6% in the past one-month time frame.
The company has seen one negative estimate revision in the past one month, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Genesco currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Genesco Inc. Price and Consensus
A better-ranked stock in the Retail - Apparel and Shoesindustry is Canada Goose Holdings Inc..(GOOS - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is GCO going up? Or down? Predict to see what others think: Up or Down
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