NYSE:GPSGAP Stock Price, Forecast & News

GAP's stock was trading at $10.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GPS shares have increased by 11.9% and is now trading at $12.28. 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 earnings results on Thursday, June, 4th. The apparel retailer reported ($2.51) earnings per share (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 analyst estimates of $2.35 billion. GAP had a negative return on equity of 8.63% and a negative net margin of 5.47%. The firm's revenue was down 43.1% compared to the same quarter last year. During the same period last year, the business posted $0.24 earnings per share. View GAP's earnings history.

GAP announced a dividend on Wednesday, March 4th. Shareholders 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 equities research analysts have issued 1-year price targets for GAP's stock. Their forecasts range from $5.00 to $19.00. On average, they expect GAP's stock price to reach $12.06 in the next year. This suggests that the stock has a possible downside of 1.8%. View analysts' price targets for GAP.

Press coverage about GPS stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. GAP earned a news sentiment score of -2.2 on InfoTrie's scale. They also gave news stories about the apparel retailer a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days. View the latest news about GAP.

GAP saw a decline in short interest in June. As of June 15th, there was short interest totaling 37,640,000 shares, a decline of 8.6% from the May 31st total of 41,190,000 shares. Based on an average daily trading volume, of 13,700,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 18.6% of the shares of the company are sold short. 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."

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 $12.28.

GAP has a market capitalization of $4.59 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]