GAP Stock Forecast, Price & News

GAP's stock was trading at $10.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GPS shares have increased by 55.2% and is now trading at $17.03.
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19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 3 sell ratings, 13 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for GAP.

GAP is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020.
View our earnings forecast for GAP.

Gap Inc (NYSE:GPS) announced its quarterly earnings data on Thursday, August, 27th. The apparel retailer reported ($0.17) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.41) by $0.24. The apparel retailer had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $2.92 billion. GAP had a negative net margin of 7.39% and a negative return on equity of 18.48%. The business's revenue for the quarter was down 18.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.63 earnings per share.
View GAP's earnings history.

GAP declared a dividend on Wednesday, March 4th. Stockholders of record on Tuesday, April 7th will be given a dividend of $0.2425 per share on Tuesday, April 28th. The ex-dividend date of this dividend is Monday, April 6th.
View GAP's dividend history.

19 analysts have issued 12 month price objectives for GAP's stock. Their forecasts range from $8.00 to $28.00. On average, they expect GAP's stock price to reach $16.21 in the next year. This suggests that the stock has a possible downside of 4.8%.
View analysts' price targets for GAP.

Some companies that are related to GAP include TJX Companies (TJX), Ross Stores (ROST), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Abercrombie & Fitch (ANF), Guess? (GES), Zumiez (ZUMZ), Shoe Carnival (SCVL), Childrens Place (PLCE), Designer Brands (DBI), Caleres (CAL), Genesco (GCO) and Citi Trends (CTRN).
View all competitors.

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), Cisco Systems (CSCO), AT&T (T), Netflix (NFLX), Walt Disney (DIS), Intel (INTC) and Starbucks (SBUX).

GAP trades on the New York Stock Exchange (NYSE) under the ticker symbol "GPS."

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.

One share of GPS stock can currently be purchased for approximately $17.03.

GAP has a market capitalization of $6.36 billion and generates $16.38 billion in revenue each year. The apparel retailer earns $351 million in net income (profit) each year or $1.97 on an earnings per share basis. GAP employs 129,000 workers across the globe.

The official website for GAP is www.gapinc.com.

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]