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 (WHO). Since then, GPS stock has 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) posted its quarterly 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 net margin of 5.47% and a negative return on equity of 8.63%. The firm's revenue was down 43.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.24 EPS. View GAP's earnings history.

GAP announced a dividend on Wednesday, March 4th. Stockholders 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 GAP's dividend history.

19 equities research analysts have issued 1 year price targets for GAP's shares. 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.

Media headlines about GPS stock have been trending very negative on Thursday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. GAP earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the apparel retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about GAP.

GAP saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 37,640,000 shares, a decrease of 8.6% from the May 31st total of 41,190,000 shares. Based on an average trading volume of 13,700,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 18.6% of the company's stock 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]