GAP Stock Price, News & Analysis (NYSE:GPS)

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 3 sell ratings, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GPS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GPS, but not buy additional shares or sell existing shares.
View GPS analyst ratings or view top-rated stocks.

12 analysts have issued 12-month target prices for GAP's shares. Their GPS share price targets range from $7.00 to $20.00. On average, they expect the company's stock price to reach $13.20 in the next year. This suggests that the stock has a possible downside of 34.4%.
View analysts price targets for GPS or view top-rated stocks among Wall Street analysts.

GAP's stock was trading at $11.28 at the beginning of 2023. Since then, GPS stock has increased by 78.4% and is now trading at $20.12.
View the best growth stocks for 2023 here.

GAP saw a decline in short interest in November. As of November 15th, there was short interest totaling 35,390,000 shares, a decline of 5.0% from the October 31st total of 37,270,000 shares. Based on an average daily trading volume, of 9,370,000 shares, the short-interest ratio is presently 3.8 days. Currently, 16.8% of the company's shares are sold short.
View GAP's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our GPS earnings forecast.

The Gap, Inc. (NYSE:GPS) announced its quarterly earnings data on Thursday, November, 16th. The apparel retailer reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.39. The apparel retailer earned $3.77 billion during the quarter, compared to analyst estimates of $3.61 billion. GAP had a trailing twelve-month return on equity of 3.41% and a net margin of 0.30%. GAP's quarterly revenue was down 6.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.71 EPS.
Read the conference call transcript.

GAP declared a quarterly dividend on Tuesday, November 7th. Stockholders of record on Wednesday, January 3rd will be paid a dividend of $0.15 per share on Wednesday, January 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend is Tuesday, January 2nd.
Read our dividend analysis for GPS.

GAP (NYSE:GPS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.09%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 600.06%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, GPS will have a dividend payout ratio of 58.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GPS.

ETFs with the largest weight of GAP (NYSE:GPS) stock in their portfolio include SPDR S&P Retail ETF (XRT), Invesco S&P MidCap 400 Pure Value ETF (RFV), Direxion Daily Retail Bull 3X Shares (RETL) and Invesco S&P MidCap 400 Revenue ETF (RWK).Gotham 1000 Value ETF (GVLU).

24 employees have rated GAP Chief Executive Officer Sonia Syngal on Glassdoor.com. Sonia Syngal has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other GAP investors own include Gilead Sciences (GILD), Ford Motor (F), Bank of America (BAC), General Electric (GE), AT&T (T), Cisco Systems (CSCO), Walt Disney (DIS), Netflix (NFLX), Intel (INTC) and Starbucks (SBUX).

GAP's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Ameriprise Financial Inc. (0.97%), Bank of New York Mellon Corp (0.79%), Walleye Trading LLC (0.00%), Rhumbline Advisers (0.17%), GTS Securities LLC (0.00%) and California Public Employees Retirement System (0.10%). Insiders that own company stock include Horacio Barbeito, Julie Gruber, Katrina O'connell, Mark Breitbard, Mary Beth Laughton, Nancy Green, Robert J Fisher, Sarah Gilligan, Shawn Curran, Sheila Peters and Sonia Syngal.
View institutional ownership trends.

Shares of GPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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