Gap (GPS) Catches Eye: Stock Jumps 7%
The Gap, Inc GPS was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $25.67–$27.28 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen four upward estimate revisions versus two downward revisions over the past two months. However, the Zacks Consensus Estimate for the current quarter has remained unchanged. Since the recent price action is encouraging though, make sure to keep a close watch on this firm in the near future.
Gap currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
The Gap, Inc. Price and Consensus
Gap, Inc. (The) Price and Consensus | Gap, Inc. (The) Quote
Another stock worth considering in the Retail - Apparel and Shoes industry is The Buckle, Inc. BKE which also carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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Gap, Inc. (The) (GPS) : Free Stock Analysis Report
Buckle, Inc. (The) (BKE) : Free Stock Analysis Report
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