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 (WHO). Since then, GPS shares have increased by 14.5% and is now trading at $12.56. 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, 13 hold ratings and 2 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, August 27th 2020. View our earnings forecast for GAP.

Gap Inc (NYSE:GPS) announced its earnings results on Thursday, June, 4th. The apparel retailer reported ($2.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.67) by $1.84. The apparel retailer earned $2.11 billion during the quarter, compared to analysts' expectations of $2.35 billion. GAP had a negative return on equity of 8.63% and a negative net margin of 5.47%. The company's revenue was down 43.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS. View GAP's earnings history.

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

19 analysts have issued 1 year price targets for GAP's shares. Their forecasts range from $5.00 to $19.00. On average, they anticipate GAP's stock price to reach $12.33 in the next twelve months. This suggests that the stock has a possible downside of 1.8%. View analysts' price targets for GAP.

News coverage about GPS stock has been trending positive on Thursday, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. GAP earned a daily sentiment score of 2.1 on InfoTrie's scale. They also gave news articles about the apparel retailer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news about GAP.

GAP saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 34,160,000 shares, a decrease of 9.2% from the June 15th total of 37,640,000 shares. Based on an average daily volume of 14,070,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 16.9% of the company's shares 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), Guess? (GES), Zumiez (ZUMZ), Abercrombie & Fitch (ANF), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Chico's FAS (CHS). 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 a number of institutional and retail investors. Top institutional investors include Exane Derivatives (0.04%), Livforsakringsbolaget Skandia Omsesidigt (0.03%), MERIAN GLOBAL INVESTORS UK Ltd (0.02%), Fruth Investment Management (0.01%), Envestnet Asset Management Inc. (0.01%) and Unison Advisors LLC (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 purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Exane Derivatives, Unison Advisors LLC, Envestnet Asset Management Inc., TRUE Private Wealth Advisors, and Fruth Investment Management. 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 $12.56.

GAP has a market capitalization of $4.69 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]