Gap closed the most recent trading day at $24.59, moving +0.24% from the previous trading session. This change lagged the S&P 500's 0.42% gain on the day.
Heading into today, shares of the clothing chain had gained 5.64% over the past month, lagging the Retail-Wholesale sector's gain of 6.5% and the S&P 500's gain of 7.03% in that time.
Investors will be hoping for strength from GPS as it approaches its next earnings release, which is expected to be November 23, 2021. In that report, analysts expect GPS to post earnings of $0.51 per share. This would mark year-over-year growth of 104%. Meanwhile, our latest consensus estimate is calling for revenue of $4.49 billion, up 12.53% from the prior-year quarter.
GPS's full-year Zacks Consensus Estimates are calling for earnings of $2.20 per share and revenue of $17.78 billion. These results would represent year-over-year changes of +204.27% and +28.86%, respectively.
It is also important to note the recent changes to analyst estimates for GPS. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.37% lower within the past month. GPS currently has a Zacks Rank of #3 (Hold).
Investors should also note GPS's current valuation metrics, including its Forward P/E ratio of 11.16. Its industry sports an average Forward P/E of 12.99, so we one might conclude that GPS is trading at a discount comparatively.
We can also see that GPS currently has a PEG ratio of 0.93. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. GPS's industry had an average PEG ratio of 0.91 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 150, putting it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Gap (GPS) Gains But Lags Market: What You Should Know
Gap closed the most recent trading day at $24.59, moving +0.24% from the previous trading session. This change lagged the S&P 500's 0.42% gain on the day.
Heading into today, shares of the clothing chain had gained 5.64% over the past month, lagging the Retail-Wholesale sector's gain of 6.5% and the S&P 500's gain of 7.03% in that time.
Investors will be hoping for strength from GPS as it approaches its next earnings release, which is expected to be November 23, 2021. In that report, analysts expect GPS to post earnings of $0.51 per share. This would mark year-over-year growth of 104%. Meanwhile, our latest consensus estimate is calling for revenue of $4.49 billion, up 12.53% from the prior-year quarter.
GPS's full-year Zacks Consensus Estimates are calling for earnings of $2.20 per share and revenue of $17.78 billion. These results would represent year-over-year changes of +204.27% and +28.86%, respectively.
It is also important to note the recent changes to analyst estimates for GPS. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.37% lower within the past month. GPS currently has a Zacks Rank of #3 (Hold).
Investors should also note GPS's current valuation metrics, including its Forward P/E ratio of 11.16. Its industry sports an average Forward P/E of 12.99, so we one might conclude that GPS is trading at a discount comparatively.
We can also see that GPS currently has a PEG ratio of 0.93. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. GPS's industry had an average PEG ratio of 0.91 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 150, putting it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.