The Gap Stock Forecast, Price & News

The Gap's stock was trading at $10.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GPS shares have increased by 137.6% and is now trading at $26.06.
View which stocks have been most impacted by COVID-19.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Gap in the last year. There are currently 2 sell ratings, 11 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for The Gap.

Wall Street analysts have given The Gap a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Gap wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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The Gap is scheduled to release its next quarterly earnings announcement on Tuesday, November 24th 2020.
View our earnings forecast for The Gap.

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

The Gap declared a dividend on Wednesday, March 4th. Shareholders 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 The Gap's dividend history.

18 analysts have issued 12-month target prices for The Gap's stock. Their forecasts range from $8.00 to $30.00. On average, they expect The Gap's share price to reach $20.89 in the next twelve months. This suggests that the stock has a possible downside of 19.8%.
View analysts' price targets for The Gap.

The Gap saw a decrease in short interest during the month of October. As of October 30th, there was short interest totaling 21,670,000 shares, a decrease of 16.9% from the October 15th total of 26,090,000 shares. Based on an average trading volume of 9,770,000 shares, the short-interest ratio is presently 2.2 days. Currently, 10.7% of the shares of the stock are short sold.
View The Gap's Short Interest.

Some companies that are related to The Gap include The TJX Companies (TJX), Ross Stores (ROST), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), The Buckle (BKE), Guess' (GES), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Genesco (GCO), Caleres (CAL) and Citi Trends (CTRN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The Gap investors own include Gilead Sciences (GILD), Ford Motor (F), Bank of America (BAC), General Electric (GE), AT&T (T), Cisco Systems (CSCO), The Walt Disney (DIS), Netflix (NFLX), Intel (INTC) and Starbucks (SBUX).

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

The Gap's stock is owned by a number of retail and institutional investors. Top institutional investors include LSV Asset Management (0.41%), BNP Paribas Arbitrage SA (0.18%), Aperio Group LLC (0.16%), California Public Employees Retirement System (0.11%), California State Teachers Retirement System (0.10%) and New York State Common Retirement Fund (0.08%). Company insiders that own The Gap stock include John Strain, Julie Gruber, Mcneil S Fiske Jr and Sonia Syngal.
View institutional ownership trends for The Gap.

GPS stock was sold by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, LSV Asset Management, Standard Life Aberdeen plc, New York State Common Retirement Fund, Clifford Swan Investment Counsel LLC, SG Americas Securities LLC, Envestnet Asset Management Inc., and Handelsbanken Fonder AB. Company insiders that have sold The Gap company stock in the last year include Julie Gruber, and Sonia Syngal.
View insider buying and selling activity for The Gap.

GPS stock was purchased by a variety of institutional investors in the last quarter, including BNP Paribas Arbitrage SA, Miller Howard Investments Inc. NY, Victory Capital Management Inc., Aperio Group LLC, Nisa Investment Advisors LLC, G&S Capital LLC, Crossmark Global Holdings Inc., and Public Employees Retirement System of Ohio.
View insider buying and selling activity for The 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 $26.06.

The Gap has a market capitalization of $9.74 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. The Gap employs 129,000 workers across the globe.

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

The 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]