Susquehanna analyst Sam Poser reiterated a Hold rating on Genesco Inc (NYSE: GCO) today. The company’s shares closed yesterday at $47, close to its 52-week high of $51.85.
According to TipRanks.com, Poser is a 5-star analyst with an average return of 9.0% and a 57.8% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.
Genesco Inc has an analyst consensus of Moderate Buy, with a price target consensus of $48.50.
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Based on Genesco Inc’s latest earnings release for the quarter ending April 30, the company reported a quarterly GAAP net loss of $2.33 million. In comparison, last year the company had a GAAP net loss of $3.95 million.
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Genesco, Inc. engages in the retail and sale of footwear, apparel, and accessories. It operates through the following segments: Journeys Group, Schuh Group, Lids Sports Group, Johnston & Murphy Group, and Licensed Brands.
