Gap(GPS)

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Gap (GPS) Laps the Stock Market: Here's Why
zacks.com· 2024-05-15 22:45
In the latest trading session, Gap (GPS) closed at $21.94, marking a +1.95% move from the previous day. This change outpaced the S&P 500's 1.17% gain on the day. At the same time, the Dow added 0.88%, and the tech-heavy Nasdaq gained 1.4%.The clothing chain's shares have seen an increase of 2.57% over the last month, surpassing the Retail-Wholesale sector's gain of 2.37% and the S&P 500's gain of 2.46%.The investment community will be closely monitoring the performance of Gap in its forthcoming earnings rep ...
Are You Looking for a Top Momentum Pick? Why Gap (GPS) is a Great Choice
Zacks Investment Research· 2024-05-15 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Gap (GPS) Is Attractively Priced Despite Fast-paced Momentum
Zacks Investment Research· 2024-05-14 13:51
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in 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 ...
Gap (GPS) Stock Rallies 76% in Six Months: What's Ahead?
Zacks Investment Research· 2024-05-10 17:21
The Gap, Inc. (GPS) has demonstrated remarkable strength driven by its four strategic priorities. Through this plan, the company has been emphasizing maintaining financial stability and operational efficiency, strengthening its brand to stay competitive, enhancing its platform for better results and finally fostering an organizational culture.Headquartered in San Francisco, this Zacks Rank #1 (Strong Buy) stock has rallied 76.1% in the past six months compared with the industry’s growth of 27.8%.Gap has eme ...
Why Gap (GPS) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-05-08 17:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Gap (GPS) . This company, which is in the Zacks Retail - Apparel and Shoes industry, shows potential for another earnings beat.This clothing chain has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 170 ...
Gap (GPS) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-05-07 22:50
In the latest trading session, Gap (GPS) closed at $22.11, marking a -0.45% move from the previous day. This move lagged the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.08%, while the tech-heavy Nasdaq lost 0.1%.Shares of the clothing chain have depreciated by 5.41% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 0.98% and the S&P 500's loss of 0.35%.The investment community will be paying close attention to the earnings performance of Gap in its upcom ...
Gap Stock Upgraded on Demand, Consumer Trends
Schaeffers Research· 2024-05-07 13:42
Gap Inc (NYSE:GPS) stock is up 3.6% to trade at $23.02 this morning, after Citigroup issued an upgrade to "buy" from "neutral," and raised its price objective to $28 from $21. The brokerage firm noted the apparel retailer could beat earnings estimates for the first quarter amid steady consumer demand, as well as consumer trends that favor denim. Gap stock scored a three-year high of $28.59 on March 21. The shares have suffered a 19.4% drawdown this quarter though, and recently had consolidated around $20 in ...
Gap Inc. to Report First Quarter Fiscal 2024 Results on May 30
PRNewsWire· 2024-05-01 20:15
SAN FRANCISCO, May 1, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) will report its first quarter fiscal 2024 financial results by press release on May 30, 2024, at approximately 1:15 p.m. Pacific Time.In addition, the company will host a conference call to review its first quarter fiscal 2024 results on Thursday, May 30, 2024, beginning at approximately 2:00 p.m. Pacific Time.A live webcast of the conference call will be available online at investors.gapinc.com. A replay of the webcast will be available at th ...
Gap Inc. Releases 2023 ESG Report, Sharing Progress on Sustainability and Inclusion
Prnewswire· 2024-04-30 16:00
SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) released its 2023 Environmental, Social and Governance (ESG) Report today, marking the company's twentieth year of sustainability reporting and nearly three decades of sustainability programming. The report reflects the company's progress in FY2023 toward building a more sustainable, resilient, and inclusive business as a house of iconic brands, including Old Navy, Gap, Banana Republic and Athleta. It outlines how the company is accelerating ...
Gap (GPS) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-04-29 22:50
Gap (GPS) closed at $21.25 in the latest trading session, marking a -0.47% move from the prior day. This move lagged the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.35%.Shares of the clothing chain witnessed a loss of 22.51% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 1.39% and the S&P 500's loss of 2%.Analysts and investors alike will be keeping a close eye on the performance of Gap in its upc ...