NYSE:GPSGAP Stock Price, Forecast & News

$9.09

+1.24 (+15.80 %)

(As of 04/10/2020 08:15 AM ET)

Add

Compare

Today's Range

$8.25

Now: $9.09▼

$9.39

50-Day Range

$5.50

MA: $10.74▼

$17.47

52-Week Range

$5.26

Now: $9.09▼

$26.85

Volume18.83 million shs

Average Volume13.65 million shs

Market Capitalization$3.38 billion

P/E Ratio9.88

Dividend YieldN/A

Beta1.44

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, Intermix, and Hill City 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 2, 2019, the company had 3,194 company-operated stores; and 472 franchise stores, as well as e-commerce sites. The Gap, Inc. was founded in 1969 and is headquartered in San Francisco, California.

Beat the Market (BTM) Rank^™

3.8 Analyst's Opinion

Consensus Rating
GAP has received a consensus rating of Hold. The company's average rating score is 1.63, and is based on no buy ratings, 12 hold ratings, and 7 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.00, GAP has a potential upside of 54.0% from its current price of $9.09.
Amount of Analyst Coverage
GAP has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.9 Community Rank

Outperform Votes
GAP has received 1,136 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
GAP has received 1,837 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
GAP has received 61.79% “underperform” votes from our community.

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.

0.8 Dividend Strength

Dividend Yield
GAP does not currently pay a dividend.
Dividend Growth
GAP has only been increasing its dividend for 2 years.
Dividend Sustainability
Based on earnings estimates, GAP will have a dividend payout ratio of 61.01 % next year. This indicates that GAP will be able to sustain or increase its dividend.

2.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GAP insiders have not sold or bought any company stock.
Percentage Held by Insiders
37.60% of the stock of GAP is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
60.32% of the stock of GAP is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for GAP are expected to grow by 38.26% in the coming year, from $1.15 to $1.59 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GAP is 9.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of GAP is 9.88, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 13.56.
Price to Earnings Growth Ratio
GAP has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
GAP has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.46 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Family clothing stores

Sub-IndustryApparel Retail

SectorRetail/Wholesale

Current SymbolNYSE:GPS

Previous Symbol

CUSIP36476010

CIK39911

Webhttp://www.gapinc.com/

Phone415-427-0100

Debt

Debt-to-Equity Ratio2.04

Current Ratio1.41

Quick Ratio0.74

Price-To-Earnings

Trailing P/E Ratio9.88

Forward P/E Ratio7.90

P/E Growth0.57

Sales & Book Value

Annual Sales$16.38 billion

Price / Sales0.21

Cash Flow$4.04 per share

Price / Cash Flow2.25

Book Value$8.88 per share

Price / Book1.02

Profitability

EPS (Most Recent Fiscal Year)$1.97

Net Income$351 million

Net Margins2.14%

Return on Equity21.04%

Return on Assets5.37%

Miscellaneous

Employees129,000

Outstanding Shares371,300,000

Market Cap$3.38 billion

Next Earnings Date6/4/2020 (Estimated)

OptionableOptionable

Receive GPS News and Ratings via Email

Sign-up to receive the latest news and ratings for GPS and its competitors with MarketBeat's FREE daily newsletter.

GAP (NYSE:GPS) Frequently Asked Questions

How has GAP's stock been impacted by COVID-19 (Coronavirus)?

GAP's stock was trading at $10.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GPS shares have decreased by 17.1% and is now trading at $9.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of GAP?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 7 sell ratings and 12 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for GAP.

When is GAP's next earnings date?

GAP is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for GAP.

How were GAP's earnings last quarter?

Gap Inc (NYSE:GPS) released its earnings results on Thursday, March, 12th. The apparel retailer reported $0.58 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate 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 net margin of 2.14% and a return on equity of 21.04%. The firm's revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 earnings per share. View GAP's earnings history.

How often does GAP pay dividends? What is the dividend yield for GAP?

GAP declared 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.

What guidance has GAP issued on next quarter's earnings?

GAP updated 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.

What price target have analysts set for GPS?

19 analysts have issued 1-year price objectives for GAP's stock. Their forecasts range from $8.00 to $32.00. On average, they anticipate GAP's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 54.0% from the stock's current price. View analysts' price targets for GAP.

What are Wall Street analysts saying about GAP stock?

Here are some recent quotes from research analysts about GAP stock:

1. Guggenheim analysts commented, "We would be remiss not to mention the underwhelming 1H19 performance, with comps falling 4% driven by declines across all three of GPS’ largest brands. Additionally, the comp performance drove substantial margin contraction and EPS declines. While management highlighted numerous initiatives to improve operations across both companies and Athleta remains a standout, given our expectations for a muted top line and continued margin contraction, we remain NEUTRAL-rated until we see evidence of strategies taking hold. Overall, we believe shares are fairly valued today, trading at ~9x our current GPS FY2020 EPS." (9/12/2019)
2. According to Zacks Investment Research, "Gap has outperformed the industry in the past three months, driven by impressive earnings in fourth-quarter fiscal 2018 and announcement of spin-off plans. We expect, the company’s plans to spin off into two public companies, Old Navy and NewCo, to strategically focus on growth initiatives and improve operating efficiency, to aid growth. Moreover, the company has been making constant efforts to boost digital and mobile offerings alongside improving product acceptance. However, persistent softness across its namesake brand, which continued in the fiscal fourth quarter and hurt comps, remains concern. This, along with adverse currency translations affected the company’s top line that lagged the Zacks Consensus Estimate after surpassing the same in the previous eight quarters. Further, management issued a bleak earnings view for fiscal 2019. Nevertheless, comps are anticipated to be flat to up slightly." (5/13/2019)

Has GAP been receiving favorable news coverage?

Press coverage about GPS stock has trended very negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news 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 daily sentiment score of -3.3 on InfoTrie's scale. They also gave media stories about the apparel retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutGAP.

Are investors shorting GAP?

GAP saw a increase in short interest in March. As of March 13th, there was short interest totaling 41,169,300 shares, an increase of 14.6% from the February 27th total of 35,920,000 shares. Based on an average daily volume of 5,900,000 shares, the short-interest ratio is presently 7.0 days. Approximately 19.3% of the shares of the stock are short sold. View GAP's Current Options Chain.

Who are some of GAP's key competitors?

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

What other stocks do shareholders of GAP own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GAP investors own include Gilead Sciences (GILD), Ford Motor (F), Starbucks (SBUX), Bank of America (BAC), AT&T (T), Intel (INTC), Cisco Systems (CSCO), General Electric (GE), Netflix (NFLX) and Walt Disney (DIS).

Who are GAP's key executives?

GAP's management team includes the following people:

Mr. Arthur Peck, Pres, CEO & Director (Age 63)
Ms. Teri L. List-Stoll, Exec. VP & CFO (Age 56)
Mr. Mark Breitbard, Pres & CEO of Banana Republic (Age 51)
Ms. Sonia Syngal, Pres of Old Navy & CEO of Old Navy (Age 49)
Ms. Sally Gilligan, Chief Information Officer

What is GAP's stock symbol?

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

Who are GAP's major shareholders?

GAP's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Clifford Swan Investment Counsel LLC (0.04%), Alpine Global Management LLC (0.04%), State of Alaska Department of Revenue (0.01%) and IFM Investors Pty Ltd (0.00%). 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.

Which institutional investors are selling GAP stock?

GPS stock was sold by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd. Company insiders that have sold GAP company stock in the last year include Julie Gruber, and Mcneil S Fiske Jr. View insider buying and selling activity for GAP.

Which institutional investors are buying GAP stock?

GPS stock was bought by a variety of institutional investors in the last quarter, including Alpine Global Management LLC, Clifford Swan Investment Counsel LLC, and State of Alaska Department of Revenue. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is GAP's stock price today?

One share of GPS stock can currently be purchased for approximately $9.09.

How big of a company is GAP?

GAP has a market capitalization of $3.38 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. View additional information about GAP.

What is GAP's official website?

The official website for GAP is http://www.gapinc.com/.

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]

This page was last updated on 4/10/2020 by MarketBeat.com Staff

Featured Article: Stocks Increasing Dividends