Q2 Earnings Estimate for GAP Issued By Telsey Advisory Group

The Gap, Inc. (NYSE:GAP - Free Report) - Equities research analysts at Telsey Advisory Group decreased their Q2 2026 earnings estimates for shares of GAP in a research note issued on Friday, May 30th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings per share of $0.54 for the quarter, down from their prior forecast of $0.58. Telsey Advisory Group has a "Market Perform" rating and a $26.00 price objective on the stock. The consensus estimate for GAP's current full-year earnings is $2.02 per share. Telsey Advisory Group also issued estimates for GAP's Q3 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.49 EPS, FY2026 earnings at $2.20 EPS, Q2 2027 earnings at $0.59 EPS, Q3 2027 earnings at $0.71 EPS and FY2027 earnings at $2.38 EPS.

Several other research firms have also recently weighed in on GAP. Wells Fargo & Company cut shares of GAP from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $30.00 to $24.00 in a report on Wednesday, April 30th. Jefferies Financial Group reaffirmed a "hold" rating and set a $29.00 target price (up previously from $26.00) on shares of GAP in a research note on Wednesday, May 21st. JPMorgan Chase & Co. boosted their price target on shares of GAP from $25.00 to $29.00 and gave the company an "overweight" rating in a research report on Monday, May 19th. Barclays raised their price objective on shares of GAP from $26.00 to $33.00 and gave the stock an "overweight" rating in a report on Tuesday, May 27th. Finally, Citigroup reduced their target price on GAP from $33.00 to $30.00 and set a "buy" rating on the stock in a report on Friday. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, GAP has an average rating of "Moderate Buy" and an average target price of $28.47.

GAP Trading Down 2.1%

Shares of GAP stock traded down $0.47 during midday trading on Monday, reaching $21.97. 14,115,269 shares of the company's stock traded hands, compared to its average volume of 7,652,021. The stock has a 50 day moving average of $22.46 and a 200-day moving average of $22.93. GAP has a 12 month low of $16.99 and a 12 month high of $29.29. The company has a market cap of $8.27 billion, a PE ratio of 10.17, a price-to-earnings-growth ratio of 0.94 and a beta of 2.24. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.84 and a current ratio of 1.54.

GAP (NYSE:GAP - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.07. The business had revenue of $3.46 billion during the quarter, compared to analyst estimates of $3.41 billion. GAP had a return on equity of 29.03% and a net margin of 5.40%. GAP's quarterly revenue was up 2.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.41 EPS.

GAP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 30th. Stockholders of record on Wednesday, July 9th will be issued a dividend of $0.165 per share. The ex-dividend date is Wednesday, July 9th. This represents a $0.66 annualized dividend and a dividend yield of 3.00%. GAP's payout ratio is presently 28.57%.

Insider Transactions at GAP

In related news, CEO Mark Breitbard sold 51,385 shares of the firm's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $27.00, for a total transaction of $1,387,395.00. Following the completion of the sale, the chief executive officer now owns 123,985 shares of the company's stock, valued at $3,347,595. This trade represents a 29.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Elisabeth B. Donohue sold 3,539 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $21.04, for a total value of $74,460.56. Following the completion of the transaction, the director now directly owns 4,000 shares in the company, valued at $84,160. This trade represents a 46.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 228,880 shares of company stock valued at $4,985,854 in the last quarter. 30.56% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Hexagon Capital Partners LLC bought a new stake in GAP in the 1st quarter worth about $30,000. First Horizon Advisors Inc. purchased a new stake in shares of GAP during the 1st quarter valued at about $75,000. Brooklyn Investment Group bought a new stake in shares of GAP in the first quarter worth approximately $80,000. Deseret Mutual Benefit Administrators purchased a new position in shares of GAP during the first quarter valued at approximately $81,000. Finally, Covestor Ltd purchased a new position in shares of GAP during the first quarter valued at approximately $82,000. 58.81% of the stock is owned by institutional investors.

GAP Company Profile

Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections.