Gap(GPS)

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A Lot to Like About Newly Upgraded Retail Stock
Schaeffers Research· 2024-02-26 14:11
Gap Inc (NYSE:GPS) stock is 2.5% higher before the opening bell, after J.P. Morgan Securities upgraded the retailer to "neutral" from "underweight" and hiked its price target by $4 to $20. The analyst cited Gap's cost-cutting measures and increased product offerings.Since hitting a more than two-year high of $22.08 on Dec. 11, Gap stock has traded in a consolidatory pattern with a series of dips and rallies. Despite the choppiness and 7% year-to-date deficit, the shares are poised to bounce off their 80-day ...
Gap (GPS) Stock Surges 92.6% in Past Six Months: Here's Why
Zacks Investment Research· 2024-02-20 14:46
The Gap, Inc. (GPS) stock is well-poised to tap the positive trends in the fashion arena, thanks to its robust strategic initiatives, including the Power Plan 2023 Strategy. Management is committed to creating a trend-right merchandise assortment, deepening relations with customers via marketing, enhancing the digital commerce agenda and efficiently controlling expenses. The company is gaining from brand strength and solid demand for its products that resonate well with customers.Buoyed by such strengths, s ...
Gap Inc. to Report Fourth Quarter and Fiscal 2023 Results on March 7
Prnewswire· 2024-02-15 21:15
SAN FRANCISCO, Feb. 15, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) will report its fourth quarter and fiscal 2023 financial results by press release on March 7, 2024, at approximately 1:15 p.m. Pacific Time. In addition, the company will host a conference call to review its fourth quarter and fiscal 2023 results on Thursday, March 7, 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 ...
Why Gap (GPS) Could Beat Earnings Estimates Again
Zacks Investment Research· 2024-02-13 18:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Gap (GPS) , which belongs to the Zacks Retail - Apparel and Shoes industry.This clothing chain has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 236.39%.For the last reported quarter, Gap came out with earnings of $0.59 per share versus the Zacks Consen ...
Why Fast-paced Mover Gap (GPS) Is a Great Choice for Value Investors
Zacks Investment Research· 2024-02-13 14:51
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.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potenti ...
Athleta Reimagines Performance Product with the Debut of Revolutionary Train Collection
Prnewswire· 2024-02-13 14:00
Central to the Train Collection is the debut of PowerMove, a proprietary high-performance fabric crafted with recycled polyester, derived from post-consumer plastic bottles to lessen environmental impact. PowerMove boasts an interlock construction that provides a sleek sensation with optimal coverage, supportive stretch, and weight. PowerMove is constructed using a fine 50-gauge double knit machine to create an ultra-light, breathable and quick-drying fabric without sacrificing coverage and durability. Powe ...
Is The Gap (GPS) Stock Undervalued Right Now?
Zacks Investment Research· 2024-02-12 15:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tri ...
Zac Posen Named EVP, Creative Director of Gap Inc. and Chief Creative Officer of Old Navy
Prnewswire· 2024-02-05 17:15
SAN FRANCISCO, Feb. 5, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GPS) today announced the appointment of American fashion designer, Zac Posen, to Executive Vice President, Creative Director of Gap Inc. and Chief Creative Officer of Old Navy, based in San Francisco.Posen is an award-winning creator and entrepreneur, celebrated for his technical excellence and body positive designs. Over 25 years, his extensive career has included red-carpet couture, ready to wear, accessories, costume design and more. Zac Pose ...
Is The Gap (GPS) a Great Value Stock Right Now?
Zacks Investment Research· 2024-01-26 15:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...
Here's Why Gap (GPS) Stock Appears a Promising Pick Now
Zacks Investment Research· 2024-01-23 19:31
The Gap, Inc. (GPS) stock is well poised to tap the positive trends in the fashion world, thanks to its robust strategic initiatives, including the Power Plan 2023 Strategy. The company is gaining from brand strength and solid demand for its products that resonate well with customers.Management is committed to creating a trend-right merchandise assortment, deepening relations with customers via marketing, enhancing the digital commerce agenda and efficiently controlling expenses. Buoyed by such strengths, s ...