Beyond analysts' top -and-bottom-line estimates for Gap (GAP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended October 2024.
Gap (GAP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Gap (GAP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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The Gap, Inc.'s Q3 report is important as the company needs to show continued progress in the recently successful brand turnaround. A weak consumer weighs on the Q3 outlook, causing a more moderate growth outlook, but GAP should still report good comparable results due to the good brand momentum. As the market has remained skeptical of GAP's turnaround despite the recent successful quarters, the stock now brings an attractive risk-to-reward.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
I reiterate my hold rating for Moody's due to its valuation premium compared to S&P Global, despite strong fundamentals. MCO's 3Q24 earnings report showed impressive revenue and EPS growth, driven by strong performance in Moody's Investor Services (MIS) segment. The valuation gap between MCO and SPGI is closing, suggesting a more favorable entry point for patient investors may soon emerge.
GAP is well-positioned for long-term growth, supported by its strategic focus on improving brands and maintaining financial and operational rigor.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The consensus price target hints at a 27.4% upside potential for Gap (GAP). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
TomTom N.V. stands at a crossroads, leading in HD mapping and autonomous tech but struggling to compete with giants like Google and deliver consistent returns. Despite technological advancements and partnerships, TomTom's stock has declined 45% since 2020, underperforming the S&P 500 and offering no dividends. TomTom's Q2 2024 earnings highlight new product launches and partnerships, but the company faces significant financial and competitive challenges.