The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being under ...

Have you been paying attention to shares of Gap (GPS) ? Shares have been on the move with the stock up 14.9% over the past month. The stock hit a new 52-week high of $23.11 in the previous session. Gap has gained 8.6% since the start of the year compared to the 9.2% move for the Zacks Retail-Wholesale sector and the 12.5% return for the Zacks Retail - Apparel and Shoes industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnin ...

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Investors might want to bet on Gap (GPS) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this clothing chain, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

Key TakeawaysGap reported fiscal fourth-quarter net income and earnings per share that surpassed estimates, driving its shares higher.Comparable sales at Gap and Old Navy in the fourth quarter rose year-on-year, but Banana Republic and Athleta both posted declines.CEO Richard Dickson attributed the strong profits to Gap's "operational and financial rigor." Gap (GPS) shares gained over 4% in intraday trading Friday, after the apparel company posted higher-than-expected earnings during the holiday quarter, bo ...

The Gap Inc. (GPS) reported fourth-quarter fiscal 2023 results, wherein the bottom and top lines surpassed the Zacks Consensus Estimate and grew year over year. GPS posted adjusted earnings of 49 cents per share in the fiscal fourth quarter, surpassing the Zacks Consensus Estimate of 20 cents.  The company had reported a loss of 75 cents a share in fourth-quarter fiscal 2022.Net sales inched up 1% year over year to $4,298 million and beat the Zacks Consensus Estimate of $4,213 million. This includes the adv ...

Retail giant Gap Inc (NYSE:GPS) yesterday announced better-than-expected fourth-quarter profits of 49 cents per share on $4.3 billion. The company attributed the results to lower markdowns and strong demand for its Old Navy products during the holiday season. At last check, GPS is up 4.4% at $20.17.In response, six analysts raised their price target, including Barclays to $28 from $26. More tailwinds could stem from a round of upgrades, as 10 of 15 brokerage firms in coverage call GPS a "hold" or worse. The ...

Gap Inc (NYSE:GPS). shares jumped around 5% after hours on Thursday after it posted better-than-expected earnings for the crucial holiday quarter, driven by the long-awaited return to form of the Old Navy chain. EPS for the three months ended December 31 were 49 cents, more than double the Street's figure of 23 cents, while revenue was $4.3 billion. Despite a slight overall sales increase to $4.3 billion, the retailer experienced flat comparable sales, with a mix of a 4% increase in in-store sales and a 2% ...

The Gap, Inc. (NYSE:GPS) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Emily Gacka - Director, Investor Relations Richard Dickson - Chief Executive Officer Katrina O'Connell - Chief Financial Officer Conference Call Participants Adrienne Yih - Barclays Bob Drbul - Guggenheim Securities Ike Boruchow - Wells Fargo Matthew Boss - J.P. Morgan Michael Binetti - Evercore ISI Lorraine Hutchinson - Bank of America Brooke Roach - Goldman Sachs Alex Straton - Morgan Stanley Operator G ...