The Gap, Inc operates as an apparel retail company worldwide. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Hill City brands. Its products include denim, tees, button-downs, khakis, and other products; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities to women and girls.
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Industry, Sector and Symbol
Industry Family clothing stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
Phone415-427-0100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$16.58 billion
Profitability
Miscellaneous
Employees135,000
Next Earnings Date11/21/2019 (Confirmed)
OptionableOptionable
GAP (NYSE:GPS) Frequently Asked Questions
What is GAP's stock symbol?
GAP trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPS."
How often does GAP pay dividends? What is the dividend yield for GAP?
GAP declared a quarterly dividend on Wednesday, August 14th. Shareholders of record on Wednesday, October 9th will be paid a dividend of $0.243 per share on Wednesday, October 30th. This represents a $0.97 annualized dividend and a yield of 5.60%. The ex-dividend date of this dividend is Tuesday, October 8th. This is a positive change from GAP's previous quarterly dividend of $0.24. View GAP's Dividend History.
How were GAP's earnings last quarter?
Gap Inc (NYSE:GPS) released its quarterly earnings results on Thursday, August, 22nd. The apparel retailer reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. The apparel retailer had revenue of $4.01 billion for the quarter, compared to analyst estimates of $4.02 billion. GAP had a net margin of 5.71% and a return on equity of 24.53%. The business's revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.76 EPS. View GAP's Earnings History.
When is GAP's next earnings date?
How can I listen to GAP's earnings call?
GAP will be holding an earnings conference call on Thursday, November 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has GAP issued on next quarter's earnings?
GAP issued an update on its FY20 earnings guidance on Thursday, August, 22nd. The company provided earnings per share (EPS) guidance of $2.05-2.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.07.
What price target have analysts set for GPS?
18 brokers have issued 12 month target prices for GAP's stock. Their forecasts range from $14.00 to $37.00. On average, they anticipate GAP's share price to reach $22.15 in the next twelve months. This suggests a possible upside of 27.6% from the stock's current price. View Analyst Price Targets for GAP.
What is the consensus analysts' recommendation for GAP?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 6 sell ratings, 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for GAP.
What are Wall Street analysts saying about GAP stock?
Here are some recent quotes from research analysts about GAP stock:
- 1. Guggenheim analysts commented, "We would be remiss not to mention the underwhelming 1H19 performance, with comps falling 4% driven by declines across all three of GPS’ largest brands. Additionally, the comp performance drove substantial margin contraction and EPS declines. While management highlighted numerous initiatives to improve operations across both companies and Athleta remains a standout, given our expectations for a muted top line and continued margin contraction, we remain NEUTRAL-rated until we see evidence of strategies taking hold. Overall, we believe shares are fairly valued today, trading at ~9x our current GPS FY2020 EPS." (9/12/2019)
- 2. According to Zacks Investment Research, "Gap has outperformed the industry in the past three months, driven by impressive earnings in fourth-quarter fiscal 2018 and announcement of spin-off plans. We expect, the company’s plans to spin off into two public companies, Old Navy and NewCo, to strategically focus on growth initiatives and improve operating efficiency, to aid growth. Moreover, the company has been making constant efforts to boost digital and mobile offerings alongside improving product acceptance. However, persistent softness across its namesake brand, which continued in the fiscal fourth quarter and hurt comps, remains concern. This, along with adverse currency translations affected the company’s top line that lagged the Zacks Consensus Estimate after surpassing the same in the previous eight quarters. Further, management issued a bleak earnings view for fiscal 2019. Nevertheless, comps are anticipated to be flat to up slightly." (5/13/2019)
Has GAP been receiving favorable news coverage?
Media stories about GPS stock have been trending very negative this week, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. GAP earned a news impact score of -3.9 on InfoTrie's scale. They also assigned news articles about the apparel retailer a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the immediate future. View News Stories for GAP.
Are investors shorting GAP?
GAP saw a drop in short interest in September. As of September 15th, there was short interest totalling 33,120,000 shares, a drop of 15.4% from the August 15th total of 39,160,000 shares. Based on an average daily trading volume, of 7,070,000 shares, the days-to-cover ratio is presently 4.7 days. Currently, 15.0% of the shares of the stock are short sold. View GAP's Current Options Chain.
Who are some of GAP's key competitors?
Some companies that are related to GAP include TJX Companies (TJX), Ross Stores (ROST), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Childrens Place (PLCE), Designer Brands (DBI), Guess? (GES), Buckle (BKE), Abercrombie & Fitch (ANF), Caleres (CAL), Zumiez (ZUMZ), Genesco (GCO), Shoe Carnival (SCVL) and Cato (CATO).
What other stocks do shareholders of GAP own?
Who are GAP's key executives?
GAP's management team includes the folowing people:
- Mr. Arthur Peck, Pres, CEO & Director (Age 63)
- Ms. Teri L. List-Stoll, Exec. VP & CFO (Age 56)
- Mr. Mark Breitbard, Pres & CEO of Banana Republic (Age 51)
- Ms. Sonia Syngal, Pres of Old Navy & CEO of Old Navy (Age 49)
- Ms. Sally Gilligan, Chief Information Officer
Who are GAP's major shareholders?
GAP's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.22%), Envestnet Asset Management Inc. (0.10%), Commerzbank Aktiengesellschaft FI (0.05%), Nisa Investment Advisors LLC (0.04%), Hennessy Advisors Inc. (0.03%) and Exane Derivatives (0.02%). Company insiders that own GAP stock include Brent Hyder, Brian Goldner, Dara Bazzano, Jeff Kirwan, John J Fisher, Julie Gruber, Katherine Tsang, Mcneil S Fiske Jr, Paul Joseph Chapman, Robert J Fisher, Sonia Syngal and William Sydney Fisher. View Institutional Ownership Trends for GAP.
Which institutional investors are selling GAP stock?
GPS stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Exane Derivatives, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, NuWave Investment Management LLC, Stephens Inc. AR, Hennessy Advisors Inc. and Gulf International Bank UK Ltd. Company insiders that have sold GAP company stock in the last year include Julie Gruber, Mcneil S Fiske Jr and Sonia Syngal. View Insider Buying and Selling for GAP.
Which institutional investors are buying GAP stock?
GPS stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Commerzbank Aktiengesellschaft FI, Zeke Capital Advisors LLC, Cerebellum GP LLC, Assenagon Asset Management S.A., Advisor Partners LLC, Fox Run Management L.L.C. and Cerebellum GP LLC. View Insider Buying and Selling for GAP.
How do I buy shares of GAP?
Shares of GPS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is GAP's stock price today?
One share of GPS stock can currently be purchased for approximately $17.36.
How big of a company is GAP?
GAP has a market capitalization of $6.52 billion and generates $16.58 billion in revenue each year. The apparel retailer earns $1.00 billion in net income (profit) each year or $2.59 on an earnings per share basis. GAP employs 135,000 workers across the globe.View Additional Information About GAP.
What is GAP's official website?
How can I contact GAP?
GAP's mailing address is TWO FOLSOM STREET, SAN FRANCISCO CA, 94105. The apparel retailer can be reached via phone at 415-427-0100 or via email at [email protected]
MarketBeat Community Rating for GAP (NYSE GPS)
MarketBeat's community ratings are surveys of what our community members think about GAP and other stocks. Vote "Outperform" if you believe GPS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GPS will underperform the S&P 500 over the long term. You may vote once every thirty days.
