NYSE:GPSGAP Stock Price, Forecast & News

GAP's stock was trading at $10.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GPS stock has increased by 6.2% and is now trading at $11.65. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 4 sell ratings, 14 hold ratings and 1 buy rating 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, August 27th 2020. View our earnings forecast for GAP.

Gap Inc (NYSE:GPS) released its quarterly earnings data on Thursday, June, 4th. The apparel retailer reported ($2.51) EPS for the quarter, missing analysts' consensus estimates of ($0.67) by $1.84. The apparel retailer earned $2.11 billion during the quarter, compared to the consensus estimate of $2.35 billion. GAP had a negative net margin of 5.47% and a negative return on equity of 8.63%. The company's quarterly revenue was down 43.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.24 earnings per share. View GAP's earnings history.

GAP announced a dividend on Wednesday, March 4th. Stockholders of record on Tuesday, April 7th will be paid 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 1-year target prices for GAP's shares. Their forecasts range from $5.00 to $19.00. On average, they expect GAP's share price to reach $12.06 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for GAP.

Press coverage about GPS stock has been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. GAP earned a news impact score of -1.2 on InfoTrie's scale. They also gave news stories about the apparel retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about GAP.

GAP saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 34,160,000 shares, a decrease of 9.2% from the June 15th total of 37,640,000 shares. Based on an average trading volume of 14,070,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 16.9% of the shares of the company are short sold. View GAP's Current Options Chain.

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), Zumiez (ZUMZ), Guess? (GES), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), 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), 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 many different retail and institutional investors. Top institutional investors include Exane Derivatives (0.04%), Livforsakringsbolaget Skandia Omsesidigt (0.03%), Envestnet Asset Management Inc. (0.01%), Unison Advisors LLC (0.00%) and TRUE Private Wealth Advisors (0.00%). Company insiders that own GAP stock include John Strain, Julie Gruber, Mcneil S Fiske Jr and Sonia Syngal. View institutional ownership trends for GAP.

GPS stock was sold by a variety of institutional investors in the last quarter, including Livforsakringsbolaget Skandia Omsesidigt. View insider buying and selling activity for GAP.

GPS stock was purchased by a variety of institutional investors in the last quarter, including Exane Derivatives, Unison Advisors LLC, Envestnet Asset Management Inc., and TRUE Private Wealth Advisors. 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 $11.65.

GAP has a market capitalization of $4.35 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]