NYSE:GPSGAP Stock Price, Forecast & News

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 (WHO). Since then, GPS stock has increased by 12.3% and is now trading at $12.32. 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) issued 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 business's quarterly revenue was down 43.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 earnings per share. View GAP's earnings history.

GAP declared a dividend on Wednesday, March 4th. Investors of record on Tuesday, April 7th will be given 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 brokers have issued 12-month price objectives for GAP's stock. Their forecasts range from $5.00 to $19.00. On average, they anticipate GAP's share price to reach $12.06 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. View analysts' price targets for GAP.

News stories about GPS stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. GAP earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the apparel retailer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about GAP.

GAP saw a drop in short interest in June. As of June 30th, there was short interest totaling 34,160,000 shares, a drop of 9.2% from the June 15th total of 37,640,000 shares. Based on an average daily trading volume, of 14,070,000 shares, the short-interest ratio is presently 2.4 days. Currently, 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), Abercrombie & Fitch (ANF), Guess? (GES), 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 shareholders include Livforsakringsbolaget Skandia Omsesidigt (0.03%), Envestnet Asset Management Inc. (0.01%) 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 acquired by a variety of institutional investors in the last quarter, including 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 $12.32.

GAP has a market capitalization of $4.60 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]