GAP Stock Forecast, Price & News

GAP's stock was trading at $10.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GPS shares have increased by 48.5% and is now trading at $16.29.
View which stocks have been most impacted by COVID-19.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 3 sell ratings, 13 hold ratings and 3 buy 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, November 19th 2020.
View our earnings forecast for GAP.

Gap Inc (NYSE:GPS) issued its quarterly earnings data on Thursday, August, 27th. The apparel retailer reported ($0.17) EPS for the quarter, topping the Zacks' consensus estimate of ($0.41) by $0.24. The apparel retailer earned $3.28 billion during the quarter, compared to analysts' expectations of $2.92 billion. GAP had a negative return on equity of 18.48% and a negative net margin of 7.39%. The business's revenue was down 18.2% on a year-over-year basis. During the same quarter last year, the company earned $0.63 earnings per share.
View GAP's earnings history.

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 is Monday, April 6th.
View GAP's dividend history.

19 analysts have issued 12-month target prices for GAP's stock. Their forecasts range from $8.00 to $28.00. On average, they expect GAP's share price to reach $16.21 in the next year. This suggests that the stock has a possible downside of 0.5%.
View analysts' price targets for GAP.

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), Abercrombie & Fitch (ANF), Guess? (GES), Zumiez (ZUMZ), Shoe Carnival (SCVL), Designer Brands (DBI), Caleres (CAL), Childrens Place (PLCE), 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), Bank of America (BAC), General Electric (GE), Cisco Systems (CSCO), AT&T (T), Netflix (NFLX), Walt Disney (DIS), Intel (INTC) and Starbucks (SBUX).

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

GAP's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.41%), AQR Capital Management LLC (1.72%), Goldman Sachs Group Inc. (1.31%), Third Point LLC (0.80%), Charles Schwab Investment Management Inc. (0.64%) and Bank of New York Mellon Corp (0.55%). 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 Skandinaviska Enskilda Banken AB publ, Bank of New York Mellon Corp, Great West Life Assurance Co. Can, Vanguard Group Inc., Tobam, Charles Schwab Investment Management Inc., American International Group Inc., and Robeco Institutional Asset Management B.V.. Company insiders that have sold GAP company stock in the last year include Julie Gruber, and Sonia Syngal.
View insider buying and selling activity for GAP.

GPS stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Third Point LLC, FMR LLC, FMR LLC, Goldman Sachs Group Inc., Baird Financial Group Inc., Duality Advisers LP, and First Trust Advisors LP.
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 $16.29.

GAP has a market capitalization of $6.09 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]