$2.09 EPS Expected for Genesco Inc. (GCO); Last Week Hudbay Minerals Inc. (HBM) Coverage

March 14, 2018 - By Elijah Rosenthal

Analysts expect Genesco Inc. (NYSE:GCO) to report $2.09 EPS on March, 15 before the open.They anticipate $0.06 EPS change or 2.79% from last quarter’s $2.15 EPS. GCO’s profit would be $41.62M giving it 4.82 P/E if the $2.09 EPS is correct. After having $1.02 EPS previously, Genesco Inc.’s analysts see 104.90% EPS growth. The stock decreased 0.12% or $0.05 during the last trading session, reaching $40.3. About 393,540 shares traded. Genesco Inc. (NYSE:GCO) has declined 26.87% since March 14, 2017 and is downtrending. It has underperformed by 43.57% the S&P500.

Among 5 analysts covering Hudbay Minerals Inc (NYSE:HBM), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Hudbay Minerals Inc had 14 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, September 3 the stock rating was maintained by Raymond James with “Outperform”. On Wednesday, April 19 the stock rating was maintained by Credit Suisse with “Neutral”. Credit Suisse maintained it with “Neutral” rating and $12 target in Monday, September 11 report. The firm earned “Hold” rating on Thursday, August 6 by Canaccord Genuity. The stock of Hudbay Minerals Inc. (NYSE:HBM) has “Underweight” rating given on Thursday, January 14 by Barclays Capital. As per Thursday, September 29, the company rating was upgraded by BMO Capital Markets. The company was maintained on Monday, October 2 by BMO Capital Markets. The firm has “Market Perform” rating given on Tuesday, August 2 by BMO Capital Markets. RBC Capital Markets upgraded the stock to “Outperform” rating in Monday, May 16 report. See Hudbay Minerals Inc. (NYSE:HBM) latest ratings:

02/10/2017 Broker: BMO Capital Markets Rating: Market Perform Old Target: $10.5 New Target: $10.75 Maintain

Genesco Inc. retails and wholesales footwear, apparel, and accessories. The company has market cap of $802.50 million. The company's Journeys Group segment offers footwear and accessories through the Journeys, Journeys Kidz, Shi by Journeys, Little Burgundy, and Underground by Journeys retail stores, as well as through e-commerce and catalogs for young men, women, and children. It currently has negative earnings. The Company’s Schuh Group segment operates Schuh retail footwear stores that offer casual and athletic footwear for men and women, as well as sells footwear through e-commerce.

Among 14 analysts covering Genesco (NYSE:GCO), 6 have Buy rating, 1 Sell and 7 Hold. Therefore 43% are positive. Genesco had 45 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, September 13. Susquehanna downgraded Genesco Inc. (NYSE:GCO) on Thursday, November 17 to “Neutral” rating. The stock of Genesco Inc. (NYSE:GCO) earned “Positive” rating by Susquehanna on Friday, September 16. The rating was upgraded by Jefferies on Tuesday, January 2 to “Buy”. Robert W. Baird maintained Genesco Inc. (NYSE:GCO) rating on Friday, October 6. Robert W. Baird has “Hold” rating and $23.0 target. Piper Jaffray maintained the shares of GCO in report on Thursday, September 3 with “Neutral” rating. The rating was upgraded by CL King on Thursday, October 8 to “Strong Buy”. The firm has “Buy” rating given on Tuesday, November 28 by Piper Jaffray. The stock of Genesco Inc. (NYSE:GCO) earned “Hold” rating by Jefferies on Thursday, August 31. The rating was downgraded by Sterne Agee CRT to “Neutral” on Tuesday, April 19.

Investors sentiment increased to 1.4 in Q3 2017. Its up 0.27, from 1.13 in 2017Q2. It is positive, as 26 investors sold Genesco Inc. shares while 34 reduced holdings. 18 funds opened positions while 50 raised stakes. 19.03 million shares or 2.66% more from 18.53 million shares in 2017Q2 were reported. Balyasny Asset Limited Liability Com, a Illinois-based fund reported 199,423 shares. Portolan Cap Management Lc holds 0.31% of its portfolio in Genesco Inc. (NYSE:GCO) for 98,717 shares. 21,966 were accumulated by Raymond James And. Pnc Group accumulated 156 shares. Arizona State Retirement Systems has invested 0% of its portfolio in Genesco Inc. (NYSE:GCO). Bank Of Mellon owns 365,937 shares or 0% of their US portfolio. 21,850 were reported by Highland Capital Management Limited Partnership. Palisade Cap Mngmt Nj accumulated 147,118 shares or 0.14% of the stock. 64,950 are held by Connor Clark Lunn Invest Management Ltd. Deutsche Bankshares Ag reported 0.01% stake. Alliancebernstein Limited Partnership accumulated 32,337 shares. Moreover, Aperio Gru Ltd Liability Corp has 0.01% invested in Genesco Inc. (NYSE:GCO) for 82,620 shares. Pub Sector Pension Board holds 0% or 12,475 shares in its portfolio. Petrus Tru Communication Lta accumulated 7,586 shares. Riverhead Cap Mgmt Limited Liability accumulated 2,531 shares.