Is the bear run in retail stocks finally over? If you look to last week’s earnings deluge, you might say yes, but we are getting plenty of more reports this week which should help to set the trend straight.
In particular, we get several companies in the Apparel/shoe industry, a space which has been in trouble thanks to rising online competition, but may have finally bottomed out in the near term. Still, with a bottom 50% industry rank, nothing is guaranteed and the stakes are likely to be high given how others have done lately. Let’s take a closer look at the fundamentals for these companies heading into their reports…
Gap (GPS - Free Report)
Gap is posting solid fundamentals with an ‘A’ VGM score, but its rank is just a ‘3’ heading into the report. The company does have a nice track record of beating earnings estimates, but its estimate trend line has been depressed for quite some time. It will be a test of guidance more than anything for this company, and if the recent surge in stock prices is backed up by impressive results.
GAP INC Price, Consensus and EPS Surprise
GAP INC Price, Consensus and EPS Surprise | GAP INC Quote
Gap reports after the bell on 8/18.
For more information on Gap and how to trade GPS this earnings season, make sure to watch Dave Bartosiak discuss the best option trading strategies, live, on our YouTube channel at 1pm Central Time on Thursday.
American Eagle (AEO - Free Report)
While the trend hasn’t been too favorable for the overall industry, you’d never know it by looking at AEO over the past few years. It hasn’t missed estimates in ages, while it is also seeing rising earnings estimates too. And with a promising Zacks Rank #2 (buy) this could be a solid choice this earnings season.
L Brands reports after the bell on 8/16.
For more in-depth analysis of these companies, make sure to watch our short video on the topic. And for additional insights on trading earnings reports, check out our podcast below:
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Is the bear run in retail stocks finally over? If you look to last week’s earnings deluge, you might say yes, but we are getting plenty of more reports this week which should help to set the trend straight.
In particular, we get several companies in the Apparel/shoe industry, a space which has been in trouble thanks to rising online competition, but may have finally bottomed out in the near term. Still, with a bottom 50% industry rank, nothing is guaranteed and the stakes are likely to be high given how others have done lately. Let’s take a closer look at the fundamentals for these companies heading into their reports…
Gap (GPS - Free Report)
Gap is posting solid fundamentals with an ‘A’ VGM score, but its rank is just a ‘3’ heading into the report. The company does have a nice track record of beating earnings estimates, but its estimate trend line has been depressed for quite some time. It will be a test of guidance more than anything for this company, and if the recent surge in stock prices is backed up by impressive results.
GAP INC Price, Consensus and EPS Surprise
GAP INC Price, Consensus and EPS Surprise | GAP INC Quote
Gap reports after the bell on 8/18.
For more information on Gap and how to trade GPS this earnings season, make sure to watch Dave Bartosiak discuss the best option trading strategies, live, on our YouTube channel at 1pm Central Time on Thursday.
American Eagle (AEO - Free Report)
While the trend hasn’t been too favorable for the overall industry, you’d never know it by looking at AEO over the past few years. It hasn’t missed estimates in ages, while it is also seeing rising earnings estimates too. And with a promising Zacks Rank #2 (buy) this could be a solid choice this earnings season.
L Brands reports after the bell on 8/16.
For more in-depth analysis of these companies, make sure to watch our short video on the topic. And for additional insights on trading earnings reports, check out our podcast below:
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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