Genesco (NYSE:GCO) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Jul 29th, 2026

Shares of Genesco Inc. (NYSE:GCO – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $32.48 and traded as high as $37.49. Genesco shares last traded at $37.40, with a volume of 179,525 shares changing hands.

Analyst Ratings Changes

GCO has been the subject of several recent research reports. Wall Street Zen downgraded shares of Genesco from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Seaport Research Partners downgraded shares of Genesco from a “buy” rating to a “neutral” rating in a report on Wednesday, May 27th. Zacks Research upgraded shares of Genesco from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Truist Financial set a $40.00 price objective on shares of Genesco in a research note on Friday, May 29th. Finally, Weiss Ratings downgraded Genesco from a “hold (c)” rating to a “sell (d+)” rating in a research report on Friday, June 12th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $36.67.

Check Out Our Latest Analysis on GCO

Genesco Trading Up 0.3%

The business has a fifty day moving average price of $36.32 and a 200 day moving average price of $32.57. The company has a market capitalization of $433.74 million, a PE ratio of 22.57 and a beta of 1.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.37 and a current ratio of 1.83.

Genesco (NYSE:GCO – Get Free Report) last announced its quarterly earnings results on Friday, May 29th. The company reported ($2.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.58) by $0.40. The firm had revenue of $487.03 million during the quarter, compared to the consensus estimate of $474.32 million. Genesco had a return on equity of 2.66% and a net margin of 0.80%.Genesco has set its FY 2027 guidance at 2.000-2.400 EPS. Analysts expect that Genesco Inc. will post 2.25 EPS for the current fiscal year.

Insider Buying and Selling at Genesco

In other news, Director Gregory A. Sandfort acquired 2,958 shares of the stock in a transaction that occurred on Thursday, July 9th. The stock was purchased at an average cost of $33.80 per share, with a total value of $99,980.40. Following the completion of the acquisition, the director directly owned 29,172 shares in the company, valued at $986,013.60. This represents a 11.28% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 23.11% of the company’s stock.

Hedge Funds Weigh In On Genesco

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Group One Trading LLC bought a new position in shares of Genesco during the fourth quarter worth about $26,000. Jones Financial Companies Lllp bought a new stake in Genesco in the 1st quarter valued at about $26,000. New York State Teachers Retirement System acquired a new position in Genesco during the 1st quarter valued at about $27,000. Optiver Holding B.V. boosted its stake in Genesco by 550.6% during the 1st quarter. Optiver Holding B.V. now owns 1,106 shares of the company’s stock valued at $32,000 after purchasing an additional 936 shares during the period. Finally, Meeder Asset Management Inc. acquired a new position in Genesco during the 4th quarter valued at about $37,000. 94.51% of the stock is currently owned by institutional investors and hedge funds.

About Genesco

(Get Free Report)

Genesco Inc is a Nashville, Tennessee-based retailer, wholesaler and licensee specializing in branded footwear, headwear, apparel and accessories. Through its portfolio of retail chains, wholesale distribution channels and licensing agreements, Genesco brings a range of product offerings to consumers in North America and Europe.

The company’s retail segment includes specialty chains such as Journeys, which targets fashion-focused teens and young adults in the United States and Canada, and Schuh, a footwear retailer with locations in the United Kingdom and Ireland.