GAP (GPS) Earns News Sentiment Score of 1.14

News stories about GAP (NYSE:GPS) have trended somewhat positive on Friday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than 6,000 blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. GAP earned a coverage optimism score of 1.14 on their scale. InfoTrie also assigned news coverage about the apparel retailer an news buzz score of 9 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company’s share price in the next several days.

These are some of the media headlines that may have impacted GAP’s score:

NYSE:GPS traded down $0.35 during mid-day trading on Friday, reaching $27.48. 3,586,000 shares of the company’s stock were exchanged, compared to its average volume of 5,064,393. GAP has a one year low of $25.27 and a one year high of $35.68. The firm has a market cap of $10.72 billion, a price-to-earnings ratio of 12.90, a P/E/G ratio of 1.20 and a beta of 0.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 1.96.

GAP (NYSE:GPS) last released its quarterly earnings results on Thursday, August 23rd. The apparel retailer reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.04. GAP had a net margin of 5.43% and a return on equity of 29.25%. The business had revenue of $4.09 billion for the quarter, compared to analyst estimates of $4.02 billion. During the same period last year, the firm earned $0.58 earnings per share. GAP’s revenue for the quarter was up 7.5% compared to the same quarter last year. Sell-side analysts anticipate that GAP will post 2.58 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Wednesday, October 10th were given a dividend of $0.2425 per share. This represents a $0.97 dividend on an annualized basis and a yield of 3.53%. The ex-dividend date was Tuesday, October 9th. GAP’s dividend payout ratio is 45.54%.

Several brokerages have recently weighed in on GPS. B. Riley dropped their price objective on shares of GAP from $35.00 to $33.00 and set a “neutral” rating on the stock in a research report on Friday, August 24th. Guggenheim reissued a “hold” rating on shares of GAP in a research report on Friday, August 24th. Zacks Investment Research lowered shares of GAP from a “buy” rating to a “hold” rating in a research report on Tuesday, August 21st. Wedbush began coverage on shares of GAP in a research report on Friday, August 10th. They issued a “neutral” rating and a $32.00 price objective on the stock. Finally, Citigroup raised shares of GAP from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research report on Monday, August 27th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, nineteen have given a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $32.72.

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GAP Company Profile

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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