NYSE:GPSGAP Stock Price, Forecast & News

GAP's stock was trading at $10.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GPS stock has decreased by 25.2% and is now trading at $8.21. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 6 sell ratings and 14 hold 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, June 4th 2020. View our earnings forecast for GAP.

GAP will be holding an earnings conference call on Thursday, June 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Gap Inc (NYSE:GPS) announced its earnings results on Thursday, March, 12th. The apparel retailer reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.17. The apparel retailer earned $4.70 billion during the quarter, compared to the consensus estimate of $4.56 billion. GAP had a return on equity of 21.04% and a net margin of 2.14%. The business's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 earnings per share. View GAP's earnings history.

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

GAP issued an update on its FY21 earnings guidance on Thursday, March, 12th. The company provided earnings per share guidance of $1.80-$1.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.69.

20 Wall Street analysts have issued 1-year price objectives for GAP's shares. Their forecasts range from $5.00 to $32.00. On average, they expect GAP's share price to reach $12.33 in the next twelve months. This suggests a possible upside of 50.2% from the stock's current price. View analysts' price targets for GAP.

Press coverage about GPS stock has trended neutral recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. GAP earned a media sentiment score of 0.1 on InfoTrie's scale. They also assigned headlines about the apparel retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutGAP.

GAP saw a increase in short interest in May. As of May 15th, there was short interest totaling 38,910,000 shares, an increase of 18.3% from the April 30th total of 32,890,000 shares. Based on an average trading volume of 10,640,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 19.3% of the company's shares are sold short. View GAP's Current Options Chain.

Some companies that are related to GAP include TJX Companies (TJX), Ross Stores (ROST), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Childrens Place (PLCE), Zumiez (ZUMZ), Guess? (GES), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Cato (CATO). 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), Starbucks (SBUX), AT&T (T), Bank of America (BAC), Netflix (NFLX), Intel (INTC), General Electric (GE), Cisco Systems (CSCO) and Walt Disney (DIS).

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

GAP's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.18%), State Street Corp (3.59%), JPMorgan Chase & Co. (3.58%), Invesco Ltd. (2.13%), Prudential PLC (1.34%) and APG Asset Management N.V. (1.13%). Company insiders that own GAP stock include Julie Gruber, Mcneil S Fiske Jr, Sonia Syngal and William Sydney Fisher. View institutional ownership trends for GAP.

GPS stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., AQR Capital Management LLC, Public Sector Pension Investment Board, Bank of New York Mellon Corp, Alliancebernstein L.P., American International Group Inc., Deutsche Bank AG, and Teacher Retirement System of Texas. View insider buying and selling activity for GAP.

GPS stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Prudential PLC, APG Asset Management N.V., Skandinaviska Enskilda Banken AB publ , State Street Corp, Towle & Co., BlackRock Inc., and Parametric Portfolio Associates LLC. View insider buying and selling activity for 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.

One share of GPS stock can currently be purchased for approximately $8.21.

GAP has a market capitalization of $3.05 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]