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, and Intermix 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. The company offers its products through company-operated stores, franchise stores, Websites, third-party arrangements, and catalogs. It has franchise agreements with unaffiliated franchisees to operate Old Navy, Gap, and Banana Republic stores in Asia, Europe, Latin America, the Middle East, and Africa. As of February 3, 2018, the company had 3,165 company-operated stores; and 429 franchise stores, as well as e-commerce sites. The Gap, Inc. was founded in 1969 and is headquartered in San Francisco, California.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Family clothing stores
Sub-IndustryApparel Retail
SectorRetail/Wholesale
SymbolNYSE:GPS
CUSIP36476010
Phone415-427-0100
Debt
Debt-to-Equity Ratio0.39
Current Ratio2.03
Quick Ratio1.05
Price-To-Earnings
Trailing P/E Ratio14.58
Forward P/E Ratio11.99
P/E Growth1.35
Sales & Book Value
Annual Sales$15.86 billion
Price / Sales0.76
Cash Flow$3.4196 per share
Price / Cash9.08
Book Value$8.09 per share
Price / Book3.84
Profitability
EPS (Most Recent Fiscal Year)$2.13
Net Income$848 million
Net Margins5.36%
Return on Equity28.04%
Return on Assets11.10%
Miscellaneous
Employees135,000
Outstanding Shares387,470,000
Market Cap$12.14 billion
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 announced a quarterly dividend on Wednesday, May 23rd. Shareholders of record on Wednesday, July 11th will be paid a dividend of $0.2425 per share on Wednesday, August 1st. This represents a $0.97 annualized dividend and a yield of 3.12%. The ex-dividend date is Tuesday, July 10th. View GAP's Dividend History.
How were GAP's earnings last quarter?
Gap Inc (NYSE:GPS) issued its earnings results on Thursday, May, 24th. The apparel retailer reported $0.42 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.04. The apparel retailer earned $3.78 billion during the quarter, compared to analyst estimates of $3.60 billion. GAP had a net margin of 5.36% and a return on equity of 28.04%. GAP's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.36 earnings per share. View GAP's Earnings History.
When is GAP's next earnings date?
What guidance has GAP issued on next quarter's earnings?
GAP issued an update on its FY19 earnings guidance on Thursday, May, 24th. The company provided earnings per share guidance of $2.55-2.70 for the period, compared to the Thomson Reuters consensus estimate of $2.62.
What price target have analysts set for GPS?
26 brokers have issued 12-month target prices for GAP's shares. Their forecasts range from $20.00 to $41.00. On average, they anticipate GAP's share price to reach $32.7083 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for GAP.
What is the consensus analysts' recommendation for GAP?
26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 2 sell ratings, 19 hold ratings and 5 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. According to Zacks Investment Research, "Gap has outperformed the industry in the past year. Notably, its growth strategy focused on growing the Old Navy and Athleta brands looks promising. Moreover, the company’s efforts to boost digital and mobile offerings, alongside improving product acceptance bode well. The company has an impressive surprise history as it delivered earnings beat in four of the last five quarters. Also, it marked sixth straight positive sales surprise in first-quarter fiscal 2018. Further, comps improved for the sixth straight quarter due to continued strength at Old Navy and growth at Banana Republic. However, the company is witnessing softness across its namesake brand due to operational issues related to timing of inventory, breadth of the product assortment and shortage of gaps in certain categories. These factors are likely to continue hurting the brand’s comps in the second quarter. Of late, estimates have been stable." (7/31/2018)
- 2. Guggenheim analysts commented, "We are encouraged by the fifth straight quarter of positive comps, driven by momentum in Old Navy and the return to positive comps in the Banana Republic division. We would also note Athleta continues to perform well. Old Navy continues to be the main driver of growth at the company and 4Q sales increased 13% to >$2bn and FY17 net sales surpassed $7bn. Consumers continue to react favorably to the Old Navy’s value offering and both stores and online performed well in FY17. The company believes the brand is underpenetrated vs. peers and will look to double the number of store openings in 2018 (>30 new stores in 2017). Athleta brand growth accelerated in the back-half of 2017 from +MT% in 1H17 to mid-20% growth in the back half of the year. We view the Athleta brand favorably given its position at the intersection of health and wellness. All three nameplates again outpaced U.S." (3/2/2018)
Are investors shorting GAP?
GAP saw a decline in short interest during the month of July. As of July 13th, there was short interest totalling 19,320,537 shares, a decline of 19.6% from the June 29th total of 24,020,491 shares. Based on an average daily volume of 4,963,979 shares, the short-interest ratio is currently 3.9 days. Approximately 9.1% of the shares of the company are sold short. View GAP's Current Options Chain.
Who are some of GAP's key competitors?
Some companies that are related to GAP include Ross Stores (ROST), Viacom, Inc. Class A (VIA), Nordstrom (JWN), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Childrens Place (PLCE), Abercrombie & Fitch (ANF), Buckle (BKE), Lands' End (LE), Stein Mart (SMRT), Destination XL Group (DXLG) and Stage Stores (SSI).
Who are GAP's key executives?
GAP's management team includes the folowing people:
- Mr. Arthur Peck, Pres, CEO & Director (Age 62)
- Ms. Teri L. List-Stoll, Exec. VP & CFO (Age 55)
- Mr. Mark Breitbard, Pres & CEO of Banana Republic (Age 50)
- Ms. Sonia Syngal, Pres & CEO of Old Navy (Age 48)
- Ms. Doris F. Fisher, Co-Founder & Honorary Lifetime Director (Age 86)
Has GAP been receiving favorable news coverage?
News headlines about GPS stock have been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GAP earned a media and rumor sentiment score of 0.03 on Accern's scale. They also gave news articles about the apparel retailer an impact score of 47.98 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for GAP.
Who are GAP's major shareholders?
GAP's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include American International Group Inc. (4.35%), BlackRock Inc. (4.18%), Bank of New York Mellon Corp (3.07%), Wells Fargo & Company MN (1.07%), Bank of Montreal Can (0.79%) and Dimensional Fund Advisors LP (0.78%). Company insiders that own GAP stock include Andi Owen, Brent Hyder, Brian Goldner, Dara Bazzano, Jeff Kirwan, John J Fisher, Julie Gruber, Katherine Tsang, 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 FMR LLC, BlackRock Inc., American International Group Inc., Retirement Systems of Alabama, Teacher Retirement System of Texas, Bank of New York Mellon Corp, Mackay Shields LLC and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. Company insiders that have sold GAP company stock in the last year include Brent Hyder, Dara Bazzano, Jeff Kirwan, John J Fisher, Julie Gruber, Katherine Tsang, Paul Joseph Chapman, Robert J Fisher, Sonia Syngal and William Sydney Fisher. View Insider Buying and Selling for GAP.
Which institutional investors are buying GAP stock?
GPS stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Miller Howard Investments Inc. NY, Marshall Wace LLP, Wells Fargo & Company MN, Great West Life Assurance Co. Can, Todd Asset Management LLC, Voya Investment Management LLC and Janus Henderson Group PLC. 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, Scottrade, Fidelity and Charles Schwab.
What is GAP's stock price today?
One share of GPS stock can currently be purchased for approximately $31.05.
How big of a company is GAP?
GAP has a market capitalization of $12.14 billion and generates $15.86 billion in revenue each year. The apparel retailer earns $848 million in net income (profit) each year or $2.13 on an earnings per share basis. GAP employs 135,000 workers across the globe.
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.
