Genesco Story

<div class='circular--portrait' style='background:#4E8BFC;color: #ffffff;font-size:3em;'>GCO</div>
GCO -- USA Stock  

USD 24.22  1.17  5.08%

While some baby boomers are getting worried about consumer cyclical space, it is reasonable to outline Genesco against economic and market trends. As expected, Genesco is starting to reaffirm its true potential as institutional investors are becoming more and more confident in the future outlook. The returns on the market and returns on Genesco appear somewhat sensitive to each other for the last few months. Conflicting basic indicators of the company may also entail signs of long-standing losses for Genesco institutional investors. Genesco is scheduled to announce its earnings today. The next earnings report is expected on the 4th of December 2020. The stock is still going through an active upward rally.
Published over two weeks ago
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Is Genesco (NYSE:GCO) about to rebound?
Genesco's average rating is Hold from 4 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Genesco market sentiment investors' perception of the future value of Genesco. Let us look at a few aspects of Genesco technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Genesco. In general, we focus on analyzing Genesco stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Genesco's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Genesco's intrinsic value. In addition to deriving basic predictive indicators for Genesco, we also check how macroeconomic factors affect Genesco price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does Genesco Stands against Peers?

Analyzing Genesco competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Genesco across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Genesco Competition Details

How Genesco utilizes its cash?

To perform a cash flow analysis of Genesco, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Genesco is receiving and how much cash it distributes out in a given period. The Genesco cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Genesco Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at 161.54 Million

Disposition of tradable shares by Kevin McDermott of Genesco subject to Rule 16b-3

Legal trades by Genesco insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Genesco insider trading alert for disposition of common stock by Kevin McDermott, the corporate stakeholder, on 1st of September 2020. This event was filed by Genesco Inc with SEC on 2020-09-01. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at Genesco Downside Variance

Genesco has current Downside Variance of 33.75. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.

Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.

Downside Variance 
 = 
SUM(RET DEV)2 
N(ER) 
 = 
33.75
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N(ER) = Number of points with returns less than expected return for the period
Let's now compare Genesco Downside Variance to its closest peers:
GCO
LB
DLTH
DXLG
AEO
GCO33.74777908261791
LB12.86
DLTH14.5
DXLG65.17
AEO17.58

Can Genesco build up on the latest rise?

Latest Risk Adjusted Performance is up to 0.08. Price may slide again. Genesco is displaying above-average volatility over the selected time horizon. Investors should scrutinize Genesco independently to ensure intended market timing strategies are aligned with expectations about Genesco volatility.

Our Bottom Line On Genesco

Whereas some other companies in the apparel retail industry are either recovering or due for a correction, Genesco may not be as strong as the others in terms of longer-term growth potentials. The bottom line, as of the 3rd of September 2020, we believe that at this point, Genesco is undervalued with below average probability of distress within the next 2 years. However, our actual buy-hold-sell advice on the company is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Genesco. Please refer to our Terms of Use for any information regarding our disclosure principles.

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