Zacks.com featured highlights: Preferred Apartment Communities, Genesco, Qiwi, Companhia de Saneamento Basico do Estado de Sao Paulo and Tech Data
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:30AM CDT
Zacks.com featured highlights: Preferred Apartment Communities, Genesco, Qiwi, Companhia de Saneamento Basico do Estado de Sao Paulo and Tech Data
QIWI: 11.47 (-0.34), APTS: 14.36 (-0.37), SBS: 8.78 (-0.27), GCO: 66.34 (-2.37), TECD: 75.96 (-2.14)
5 Stocks with Impressive EV/EBITDA Ratios to Buy Now
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 8:55AM CDT
We have screened value stocks based on the EV/EBITDA ratio that offers a clearer picture of a company's valuation and its earnings potential.
QIWI: 11.47 (-0.34), APTS: 14.36 (-0.37), SBS: 8.78 (-0.27), GCO: 66.34 (-2.37), TECD: 75.96 (-2.14)
Genesco (GCO) Shows Strength: Stock Moves 9.1% Higher
Zacks Equity Research - Zacks Investment Research - Fri May 27, 7:25AM CDT
Genesco Inc. (GCO) moved big in the last session, as its shares jump over 9% on the day.
PLCE: 80.20 (-2.02), GCO: 66.34 (-2.37)
Genesco Rises 9.38% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu May 26, 1:20PM CDT
Genesco (NYSE:GCO) traded in a range yesterday that spanned from a low of $63.34 to a high of $69.89. Yesterday, the shares gained 9.4%, which took the trading range above the 3-day high of $61.99 on volume of 701,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
GCO: 66.34 (-2.37)
Genesco Reports First Quarter Fiscal 2017 Results
PR Newswire - Thu May 26, 5:46AM CDT
Genesco Inc. (NYSE: GCO) today reported earnings from continuing operations for the first quarter ended April 30, 2016, of $10.6 million, or $0.50 per diluted share, compared to earnings from continuing operations of $9.9 million, or $0.42 per diluted share, for the first quarter ended May 2, 2015. Fiscal 2017 first quarter results reflect a pretax charge of $3.6 million, or $0.12 per diluted share after tax, including $3.4 million of asset impairment charges and $0.2 million in other legal matters. Fiscal 2016 first quarter results reflect pretax items of $3.5 million, or $0.09 per share after tax, including $0.9 million of expenses related to deferred purchase price payments in connection with the acquisition of Schuh Group Limited, which were required to be expensed as compensation because the payment was contingent upon the payees' continued employment; and $2.6 million for network intrusion expenses, asset impairment charges and other legal matters.
GCO: 66.34 (-2.37)
Downgrade Alert for Genesco (GCO)
Comtex SmarTrend(R) - Wed May 25, 3:15AM CDT
Genesco (NYSE:GCO) was downgraded from Overweight to Neutral at Piper Jaffray today. The stock closed yesterday at $57.71 on volume of 557,000 shares, above average daily volume of 187,000. Genesco has overhead space with shares priced $57.71, or 17.7% below the average consensus analyst price target of $70.09. The stock should find initial resistance at its 200-day moving average (MA) of $62.12 and further resistance at its 50-day MA of $68.74.
GCO: 66.34 (-2.37)
Oversold Conditions For Genesco (GCO)
MarketNewsVideo.com - Fri May 13, 3:25PM CDT
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative...
GCO: 66.34 (-2.37)
Genesco Names David Baxter Head Of Lids Sports Group
PR Newswire - Thu May 12, 4:06PM CDT
Genesco Inc. (NYSE: GCO) announced that David Baxter has been appointed president and chief executive officer of its Lids Sports Group and a Senior Vice President of Genesco, effective June 1, 2016.
GCO: 66.34 (-2.37)
Genesco Shares Up 20.9% Since SmarTrend's Buy Recommendation (GCO)
Comtex SmarTrend(R) - Fri Apr 08, 12:42AM CDT
SmarTrend identified an Uptrend for Genesco (NYSE:GCO) on November 25th, 2015 at $55.89. In approximately 4 months, Genesco has returned 20.89% as of today's recent price of $67.56.
GCO: 66.34 (-2.37)
Genesco Up 23.1% Since SmarTrend Uptrend Call (GCO)
Comtex SmarTrend(R) - Thu Mar 24, 12:39AM CDT
SmarTrend identified an Uptrend for Genesco (NYSE:GCO) on November 25th, 2015 at $55.89. In approximately 4 months, Genesco has returned 23.13% as of today's recent price of $68.81.
GCO: 66.34 (-2.37)
Genesco Slides on Q4 Earnings & Sales Miss, Guides FY17
Zacks Equity Research - Zacks Investment Research - Mon Mar 14, 8:20AM CDT
Genesco (GCO) lost 3.6% after posting lower-than-expected fourth-quarter fiscal 2016 results
DXLG: 4.82 (-0.16), EXPR: 14.34 (-0.58), AEO: 17.94 (+0.01), GCO: 66.34 (-2.37)
Genesco misses Street 4Q forecasts
Automated Insights - Fri Mar 11, 6:14AM CST
NASHVILLE, Tenn. (AP) _ Genesco Inc. (GCO) on Friday reported fiscal fourth-quarter net income of $46.4 million.
GCO: 66.34 (-2.37)
Genesco Reports Fourth Quarter Fiscal 2016 Results
PR Newswire - Fri Mar 11, 5:57AM CST
Genesco Inc. (NYSE: GCO) today reported earnings from continuing operations for the fourth quarter ended January 30, 2016, of $46.7 million, or $2.15 per diluted share, compared to earnings from continuing operations of $51.8 million, or $2.18 per diluted share, for the fourth quarter ended January 31, 2015. Fiscal 2016 fourth quarter results reflect a pretax gain of $3.4 million, or $0.04 per diluted share after tax, including a gain on the sale of Lids Team Sports of $7.3 million, partially offset by $3.9 million of asset impairment charges, asset write-downs and network intrusion expenses. Fiscal 2015 fourth quarter results reflect pretax items of $1.9 million, or $0.12 per diluted share after tax, including $1.0 million related to deferred purchase price payments in connection with the acquisition of Schuh Group Limited and $0.9 million in network intrusion expenses and asset impairment charges.
GCO: 66.34 (-2.37)
Genesco (GCO) to Report Q4 Earnings: What's in the Cards?
Zacks Equity Research - Zacks Investment Research - Mon Mar 07, 10:20AM CST
Genesco (GCO) is slated to report fourth-quarter fiscal 2016 results on Mar 11
ZUMZ: 17.13 (-0.43), FAST: 41.81 (-0.68), GME: 29.24 (-1.11), GCO: 66.34 (-2.37)
Genesco Shares Up 16.8% Since SmarTrend's Buy Recommendation (GCO)
Comtex SmarTrend(R) - Wed Feb 03, 10:57AM CST
SmarTrend identified an Uptrend for Genesco (NYSE:GCO) on November 25th, 2015 at $55.89. In approximately 2 months, Genesco has returned 16.85% as of today's recent price of $65.30.
GCO: 66.34 (-2.37)
Genesco Announces Lids Sports Group Leadership Transition
PR Newswire - Tue Feb 02, 3:15PM CST
Genesco Inc. (NYSE: GCO) announced today that Kenneth J. Kocher has resigned as President of the Company's Lids Sports Group and as a Senior Vice President of Genesco. Kocher is expected to remain employed by the Company in a consulting capacity for up to six months. The Company has begun a search for Kocher's successor. In the interim, Genesco Chairman, President and Chief Executive Officer Robert J. Dennis will act as the Group's president.
GCO: 66.34 (-2.37)
Genesco Divests Lids Team Sports, Perks Up Buyback Plan
Zacks Equity Research - Zacks Investment Research - Thu Jan 21, 12:25PM CST
In an effort to revitalize the performance of its Lids Sports Group division, Genesco Inc. (GCO) has divested its Lids Team Sports unit to BSN SPORTS, which is a unit of Varsity Brands.
EXPR: 14.34 (-0.58), ANF: 19.82 (-0.89), GCO: 66.34 (-2.37), VRA: 13.85 (-0.58)
Upgrade Alert for Genesco (GCO)
Comtex SmarTrend(R) - Wed Jan 20, 7:29AM CST
Genesco (NYSE:GCO) was upgraded from Neutral to Overweight at Piper Jaffray today. The stock closed yesterday at $54.87 on volume of 275,000 shares, above average daily volume of 228,000. There is potential upside of 27.7% for shares of Genesco based on a current price of $54.87 and an average consensus analyst price target of $70.09. The stock should run into initial resistance at its 50-day moving average (MA) of $56.50 and subsequent resistance at its 200-day MA of $62.45.
GCO: 66.34 (-2.37)
Genesco Announces Additional Stock Repurchase Authorization
PR Newswire - Tue Jan 19, 3:32PM CST
Genesco Inc. (NYSE: GCO) announced today that its board of directors has authorized it to repurchase up to $100 million of the Company's common stock. The authorization replaces the remaining balance of a previous $100 million repurchase program authorized in September 2015, pursuant to which the Company has repurchased 1.3 million shares at a total cost of approximately $78.5 million. For the fiscal year ending January 30, 2016, to date the Company has repurchased 2.1 million shares at a total cost of approximately $129.0 million. The primary source of funds for incremental repurchases under the new authorization is intended to be proceeds from the sale of the Lids Team Sports business, announced earlier today. The program is intended to be implemented through purchases made from time to time using a variety of methods, which may include open market purchases, private transactions, block trades, or otherwise, or by any combination of such methods, in accordance with SEC and other applicable legal requirements. The timing, prices and sizes of purchases will depend upon prevailing stock prices, general economic and market conditions and other considerations. The repurchase program does not obligate the Company to acquire any particular amount of common stock and the repurchase program may be suspended or discontinued at any time at the Company's discretion.
GCO: 66.34 (-2.37)
BSN SPORTS Acquires Lids Team Sports From Genesco Inc.
PR Newswire - Tue Jan 19, 3:27PM CST
BSN SPORTS, a division of Varsity Brands and a leading direct marketer and distributor of sporting goods to the school and league markets, announced today that it has acquired Lids Team Sports from the Lids Sports Group, a division of Genesco Inc. (NYSE: GCO). Terms of the transaction were not disclosed.
GCO: 66.34 (-2.37)