With 1.05 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.22 million shares. The 52-week range on GCO shows that it touched its highest point at $44.80 and its lowest point at $23.21 during that stretch. It currently has a 1-year price target of $27.00. Beta for the stock currently stands at 2.17.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GCO was down-trending over the past week, with a drop of -34.96%, but this was down by -45.20% over a month. Three-month performance dropped to -41.06% while six-month performance fell -23.69%. The stock lost -21.35% in the past year, while it has lost -47.35% so far this year. A look at the trailing 12-month EPS for GCO yields -1.77 with Next year EPS estimates of 2.02. For the next quarter, that number is -2.06. This implies an EPS growth rate of 62.23% for this year and 32.46% for next year.
Float and Shares Shorts:
At present, 11.21 million GCO shares are outstanding with a float of 10.41 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GCO since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.74989 being high and $0.59991 being low. For GCO, this leads to a yearly average estimate of $0.6999. Based on analyst estimates, the high estimate for the next quarter is -$0.74 and the low estimate is -$0.81. The average estimate for the next quarter is thus -$0.77.
