News coverage about GAP (NYSE:GPS) has trended somewhat positive this week, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. GAP earned a coverage optimism score of 1.05 on their scale. InfoTrie also gave headlines about the apparel retailer an news buzz score of 6 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted GAP’s analysis:
- Dividend Stock Analysis: The Gap (seekingalpha.com)
- Gap Is Cheap And $26 Presents A Good Technical Entry Point (seekingalpha.com)
- Equities Analysts Offer Predictions for Gap Inc’s Q1 2020 Earnings (GPS) (americanbankingnews.com)
- Gap Inc (GPS) Forecasted to Post Q4 2019 Earnings of $0.73 Per Share (americanbankingnews.com)
- Fovia Bridges AI Scalability Gap with Launch of F.A.S.T.® AI Suite (prnewswire.com)
GPS has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of GAP from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Tuesday, July 31st. Wedbush started coverage on shares of GAP in a research note on Friday, August 10th. They issued a “neutral” rating and a $32.00 target price on the stock. Guggenheim reiterated a “hold” rating on shares of GAP in a research note on Friday, August 24th. B. Riley lowered their target price on shares of GAP from $35.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, August 24th. Finally, JPMorgan Chase & Co. lowered their target price on shares of GAP from $32.00 to $30.00 and set a “neutral” rating on the stock in a research note on Friday, August 24th. Two investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $31.39.
GAP stock opened at $26.48 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.85 and a current ratio of 1.97. The firm has a market cap of $10.00 billion, a PE ratio of 12.43, a P/E/G ratio of 1.13 and a beta of 0.71. GAP has a fifty-two week low of $24.25 and a fifty-two week high of $35.68.
GAP (NYSE:GPS) last posted its quarterly earnings data on Tuesday, November 20th. The apparel retailer reported $0.69 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.01. The firm had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $4 billion. GAP had a net margin of 5.57% and a return on equity of 29.45%. The business’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the company posted $0.58 EPS. As a group, equities analysts forecast that GAP will post 2.56 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 30th. Stockholders of record on Wednesday, January 9th will be given a dividend of $0.2425 per share. This represents a $0.97 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend is Tuesday, January 8th. GAP’s dividend payout ratio (DPR) is currently 45.54%.
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The Gap, Inc operates as an apparel retail company worldwide. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, and Intermix brands. Its products include denim, tees, button-downs, khakis, and other products; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities to women and girls.
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