NYSE:GPSGAP Stock Price, Forecast & 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 decreased by 12.9% and is now trading at $9.56. View which stocks have been most impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 6 sell ratings and 14 hold 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, June 4th 2020. View our earnings forecast for GAP.

GAP will be holding an earnings conference call on Thursday, June 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Gap Inc (NYSE:GPS) announced its quarterly earnings results on Thursday, March, 12th. The apparel retailer reported $0.58 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.17. The apparel retailer had revenue of $4.70 billion for the quarter, compared to analyst estimates of $4.56 billion. GAP had a net margin of 2.14% and a return on equity of 21.04%. The business's quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.72 EPS. View GAP's earnings history.

GAP announced a dividend on Wednesday, March 4th. Investors 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.

GAP issued an update on its FY21 earnings guidance on Thursday, March, 12th. The company provided earnings per share (EPS) guidance of $1.80-$1.92 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.69.

20 equities research analysts have issued 12-month target prices for GAP's shares. Their forecasts range from $5.00 to $32.00. On average, they expect GAP's share price to reach $12.22 in the next year. This suggests a possible upside of 27.8% from the stock's current price. View analysts' price targets for GAP.

News coverage about GPS stock has been trending very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. GAP earned a news sentiment score of -3.8 on InfoTrie's scale. They also gave news stories about the apparel retailer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutGAP.

GAP saw a increase in short interest in May. As of May 15th, there was short interest totaling 38,910,000 shares, an increase of 18.3% from the April 30th total of 32,890,000 shares. Based on an average trading volume of 10,640,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 19.3% 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), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Guess? (GES), Zumiez (ZUMZ), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Cato (CATO). 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 BlackRock Inc. (6.18%), State Street Corp (3.59%), JPMorgan Chase & Co. (3.58%), Invesco Ltd. (2.13%), Prudential PLC (1.34%) and APG Asset Management N.V. (1.13%). 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.

GPS stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., AQR Capital Management LLC, Public Sector Pension Investment Board, Bank of New York Mellon Corp, Alliancebernstein L.P., American International Group Inc., Deutsche Bank AG, and Teacher Retirement System of Texas. View insider buying and selling activity for GAP.

GPS stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Prudential PLC, APG Asset Management N.V., Skandinaviska Enskilda Banken AB publ , State Street Corp, Towle & Co., BlackRock Inc., and Parametric Portfolio Associates LLC. 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 $9.56.

GAP has a market capitalization of $3.55 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]