GAP (GPS) Stock Price, News & Analysis

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GAP in the last year. There are currently 1 sell rating, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GPS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GPS, but not buy additional shares or sell existing shares.
View GPS analyst ratings or view top-rated stocks.

14 brokerages have issued 1 year price targets for GAP's shares. Their GPS share price targets range from $9.00 to $28.00. On average, they anticipate the company's stock price to reach $18.89 in the next year. This suggests that the stock has a possible downside of 10.9%.
View analysts price targets for GPS or view top-rated stocks among Wall Street analysts.

GAP's stock was trading at $20.91 at the beginning of 2024. Since then, GPS shares have increased by 1.4% and is now trading at $21.20.
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GAP saw a increase in short interest in March. As of March 15th, there was short interest totaling 34,500,000 shares, an increase of 16.6% from the February 29th total of 29,580,000 shares. Based on an average daily volume of 7,390,000 shares, the days-to-cover ratio is presently 4.7 days. Currently, 16.1% of the company's stock are sold short.
View GAP's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our GPS earnings forecast.

The Gap, Inc. (NYSE:GPS) issued its earnings results on Thursday, March, 7th. The apparel retailer reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.29. The apparel retailer had revenue of $4.30 billion for the quarter, compared to analysts' expectations of $4.22 billion. GAP had a trailing twelve-month return on equity of 22.56% and a net margin of 3.37%. The company's revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.75) earnings per share.
Read the conference call transcript.

GAP announced a quarterly dividend on Tuesday, February 27th. Shareholders of record on Wednesday, April 10th will be given a dividend of $0.15 per share on Wednesday, May 1st. This represents a $0.60 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date is Tuesday, April 9th.
Read our dividend analysis for GPS.

GAP (NYSE:GPS) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.86%. The dividend payout ratio is 44.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GPS will have a dividend payout ratio of 40.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GPS.

ETFs with the largest weight of GAP (NYSE:GPS) stock in their portfolio include Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (PEZ), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), SPDR S&P Retail ETF (XRT), Direxion Daily Retail Bull 3X Shares (RETL), Pacer US Cash Cows 100 ETF (COWZ), Amplify Online Retail ETF (IBUY), Invesco S&P MidCap 400 Revenue ETF (RWK) and John Hancock Multifactor Small Cap ETF (JHSC).

GAP updated its first quarter 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.3 billion-$3.3 billion, compared to the consensus revenue estimate of $3.3 billion.

24 employees have rated GAP Chief Executive Officer Sonia Syngal on Glassdoor.com. Sonia Syngal has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other GAP investors own include Gilead Sciences (GILD), Ford Motor (F), Bank of America (BAC), General Electric (GE), AT&T (T), Cisco Systems (CSCO), Walt Disney (DIS), Netflix (NFLX), Intel (INTC) and Starbucks (SBUX).

GAP's stock is owned by many different institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.62%), First Hawaiian Bank (0.02%) and Polianta Ltd (0.01%). Insiders that own company stock include Horacio Barbeito, John J Fisher, Julie Gruber, Katrina O'connell, Mark Breitbard, Mary Beth Laughton, Sarah Gilligan, Shawn Curran, Sheila Peters and Sonia Syngal.
View institutional ownership trends.

Shares of GPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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