Breaking News Instant updates and real-time market news.

GCO

Genesco

$47.44

0.47 (1.00%)

06:59
01/14/19
01/14
06:59
01/14/19
06:59

Genesco backs FY19 adj. EPS view of $3.10-$3.40, consensus $3.25

Genesco announced that it continues to expect adjusted earnings per diluted share for the fiscal year ending February 2, 2019, in the range of $3.10 to $3.40, viewing results near the middle of the range as most likely. Robert Dennis, Chairman, President and CEO of Genesco, said, "Overall, we enjoyed a very solid Holiday selling season, with stronger than expected results. Journeys once again delivered stellar results, and the highly promotional U.K. market continued to negatively impact Schuh's performance. January is off to a good start, helped in part by favorable comparisons against periods of bad weather and earlier school re-openings in some markets last year. We remain comfortable with our previously announced adjusted earnings per share range for the full fiscal year and reiterate expectations that earnings will be near the midpoint. " The company's adjusted earnings per share expectations for Fiscal 2019 do not reflect the anticipated sale of the Lids Sport Group and do not include fixed asset impairments and other charges, estimated in the range of $10.7 million to $11.7 million pretax, or 40c to 44c per share after tax, for the full fiscal year. They also do not include certain tax effects related to equity grants pursuant to ASU 2016-09, estimated at 2c per share after tax. A reconciliation of the adjusted financial measures cited in the guidance to their corresponding measures as reported pursuant to U.S. Generally Accepted Accounting Principles is included in Schedule A to this press release.

  • 14

    Jan

GCO Genesco
$47.44

0.47 (1.00%)

08/30/18
PIVT
08/30/18
UPGRADE
Target $54
PIVT
Buy
Genesco upgraded to Buy from Hold at Pivotal Research
Pivotal Research analyst Mitch Kummetz upgraded Genesco to Buy and raised his price target for the shares to $54 from $44. The stock's risk/reward looks more favorable following the company's "strong" Q2 results and the continuation of favorable back-to-school trends into Q3, Kummetz tells investors in a research note. The analyst points out that Genesco shares haven't run up as much as some of its peers that have already reported "strong" results.
08/30/18
08/30/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Tilly's (TLYS) upgraded to Outperform from Market Perform at William Blair with analyst Sharon Zackfia citing improved comp momentum, easing upcoming comparisons against e-commerce issues in the fourth and first quarters, and increased conviction in the company's potential to grow the unit base from 226 sites today. 2. Arlo Technologies (ARLO) upgraded to Buy from Neutral at Guggenheim with analyst Robert Cihra saying the recent pullback in shares offers a compelling buying opportunity and has a meaningful runway to keep growing. 3. Altra Industrial Motion (AIMC) upgraded to Buy from Neutral at Sidoti and to Overweight from Sector Weight at KeyBanc. 4. Genesco (GCO) upgraded to Buy from Hold at Pivotal Research with analyst Mitch Kummetz saying the stock's risk/reward looks more favorable following the company's "strong" Q2 results and the continuation of favorable back-to-school trends into Q3. 5. HD Supply (HDS) upgraded to Buy from Neutral at Northcoast. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage,
01/09/19
PIVT
01/09/19
DOWNGRADE
PIVT
Hold
Genesco downgraded to Hold from Buy at Pivotal Research
01/09/19
01/09/19
DOWNGRADE
Target $52

Hold
Genesco downgraded to Hold on valuation 'disconnect' at Pivotal Research
As previously reported, Pivotal Research analyst Mitchel Kummetz downgraded Genesco to Hold from Buy as he senses a disconnect between the company's fundamentals and valuation. He believes performance has deteriorated since Genesco reported its Q3 in early December, as he thinks that the boot category "rolled over" in December, but notes that the stock has appreciated 15% over that time. The stock is now trading at a 13% premium to the group, which "seems a little rich," added Kummetz, who keeps a $52 price target on Genesco shares.

TODAY'S FREE FLY STORIES

11:45
01/17/19
01/17
11:45
01/17/19
11:45
General news
Treasury's 4- and 8-week bill auctions were solid and priced very well »

Treasury's 4- and…

WFC

Wells Fargo

$48.74

-0.19 (-0.39%)

11:40
01/17/19
01/17
11:40
01/17/19
11:40
Options
Size call butterfly spread in Wells Fargo after earnings »

Size call butterfly…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 11

    Feb

  • 12

    Apr

  • 28

    May

  • 13

    Jul

  • 12

    Oct

11:35
01/17/19
01/17
11:35
01/17/19
11:35
General news
8-Week Bill Auction Total Amount data reported »

8-Week Bill Auction Total…

11:35
01/17/19
01/17
11:35
01/17/19
11:35
General news
4-Week Bill Auction Total Amount data reported »

4-Week Bill Auction Total…

SHLD

Sears

$0.00

(0.00%)

11:35
01/17/19
01/17
11:35
01/17/19
11:35
Hot Stocks
Sears confirms ESL selected as winner bidder in bankruptcy auction »

Sears Holdings announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MRVL

Marvell

$16.43

-0.2 (-1.20%)

11:35
01/17/19
01/17
11:35
01/17/19
11:35
Options
Marvell put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

11:35
01/17/19
01/17
11:35
01/17/19
11:35
General news
Treasury announced an $81 B 3- and 6-month bill sale for Tuesday »

Treasury announced an $81…

MOFG

MidWestOne

$25.94

-0.03 (-0.12%)

11:33
01/17/19
01/17
11:33
01/17/19
11:33
Hot Stocks
MidWestOne raises quarterly dividend 3.8% to 20.25c per share »

MidWestOne Financial…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

JPM

JPMorgan

$102.10

-0.38 (-0.37%)

, PYPL

PayPal

$90.34

-0.18 (-0.20%)

11:29
01/17/19
01/17
11:29
01/17/19
11:29
Earnings
Fly Intel: What to watch in credit card space earnings reports »

American Express (AXP),…

JPM

JPMorgan

$102.10

-0.38 (-0.37%)

PYPL

PayPal

$90.34

-0.18 (-0.20%)

MA

MasterCard

$198.34

0.56 (0.28%)

V

Visa

$137.01

-0.31 (-0.23%)

AXP

American Express

$99.38

-0.02 (-0.02%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Jan

  • 24

    Jan

  • 29

    Jan

  • 30

    Jan

  • 30

    Jan

  • 31

    Jan

  • 25

    Feb

  • 26

    Feb

  • 03

    Mar

  • 28

    May

FB

Facebook

$148.78

1.3 (0.88%)

11:26
01/17/19
01/17
11:26
01/17/19
11:26
Periodicals
Facebook manager quits after being 'harassed' over views, CNBC reports »

Sophie Alpert, a Facebook…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jan

  • 30

    Jan

  • 25

    Feb

  • 03

    Mar

USO

United States Oil Fund

$10.77

-0.275 (-2.49%)

11:20
01/17/19
01/17
11:20
01/17/19
11:20
Options
Size straddle crossed firm-to-firm tied to stock in US Oil ETF »

Size straddle crossed…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
01/17/19
01/17
11:17
01/17/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
01/17/19
01/17
11:16
01/17/19
11:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:15
01/17/19
01/17
11:15
01/17/19
11:15
General news
Fed VC of Supervision Quarles said the economy is very strong »

Fed VC of Supervision…

11:15
01/17/19
01/17
11:15
01/17/19
11:15
General news
Breaking General news story  »

8-Week Bill Auction to be…

11:15
01/17/19
01/17
11:15
01/17/19
11:15
General news
Breaking General news story  »

Week of 1/15 4-Week Bill…

BNPQY

BNP Paribas

$0.00

(0.00%)

, SCGLY

Societe Generale

$0.00

(0.00%)

11:11
01/17/19
01/17
11:11
01/17/19
11:11
Periodicals
Societe Generale mulls closing $4.7B proprietary-trading unit, Bloomberg reports »

Societe Generale (SCGLY)…

BNPQY

BNP Paribas

$0.00

(0.00%)

SCGLY

Societe Generale

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NDAQ

Nasdaq

$82.91

-0.07 (-0.08%)

11:10
01/17/19
01/17
11:10
01/17/19
11:10
Periodicals
Nasdaq discussing potential deal to acquire Oslo Bors, FT reports »

Nasdaq is discussing a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Jan

  • 06

    Feb

  • 11

    Feb

AMRN

Amarin

$17.30

0.68 (4.09%)

11:10
01/17/19
01/17
11:10
01/17/19
11:10
Options
Active trading in Amarin calls as shares see relative strength »

Active trading in Amarin…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

11:10
01/17/19
01/17
11:10
01/17/19
11:10
General news
6-Month Bill Announcement CUSIP Number data reported »

Week of 1/15 6-Month…

11:09
01/17/19
01/17
11:09
01/17/19
11:09
General news
6-Month Bill Announcement Offering Amount data reported »

Week of 1/15 6-Month…

11:09
01/17/19
01/17
11:09
01/17/19
11:09
General news
3-Month Bill Announcement Offering Amount data reported »

Week of 1/15 3-Month…

11:09
01/17/19
01/17
11:09
01/17/19
11:09
General news
3-Month Bill Announcement CUSIP Number data reported »

Week of 1/15 3-Month…

FFIV

F5 Networks

$156.81

-5.05 (-3.12%)

, CMG

Chipotle

$515.33

0.83 (0.16%)

11:05
01/17/19
01/17
11:05
01/17/19
11:05
On The Fly
Downgrades of EA, Chipotle, F5 among today's top analyst calls »

Check out today's top…

FFIV

F5 Networks

$156.81

-5.05 (-3.12%)

CMG

Chipotle

$515.33

0.83 (0.16%)

PUMP

ProPetro Holding

$15.15

-0.06 (-0.39%)

HAL

Halliburton

$30.45

0.1 (0.33%)

XLNX

Xilinx

$90.73

0.24 (0.27%)

EA

Electronic Arts

$88.17

-1.73 (-1.92%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Jan

  • 22

    Jan

  • 23

    Jan

  • 23

    Jan

  • 05

    Feb

  • 06

    Feb

  • 10

    Feb

  • 25

    Feb

  • 28

    May

SKX

Skechers

$26.68

1.31 (5.16%)

11:04
01/17/19
01/17
11:04
01/17/19
11:04
Options
Call buyers in Skechers as shares rally »

Call buyers in Skechers…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.