News stories about GAP (NYSE:GPS) have trended somewhat positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than 6,000 news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. GAP earned a news impact score of 1.09 on their scale. InfoTrie also assigned headlines about the apparel retailer an news buzz score of 5 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have impacted GAP’s analysis:
- Flying start fuels Lee boys to district win over Buffalo Gap (newsleader.com)
- Gap to close store at CambridgeSide Galleria (bizjournals.com)
- ‘Minding the Gap’ Director Bing Liu Reveals He Sometimes “Wanted to Give Up” at Cinema Eye Honors (hollywoodreporter.com)
- Community Input Sought for Future of Musser Gap Property (statecollege.com)
- Gap -3% after two-notch downgrade from Barclays (seekingalpha.com)
GPS has been the subject of several recent analyst reports. Goldman Sachs Group initiated coverage on shares of GAP in a research note on Thursday, October 25th. They set a “neutral” rating and a $28.00 price objective for the company. Standpoint Research raised shares of GAP from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research report on Friday, October 19th. MKM Partners dropped their target price on shares of GAP to $30.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 28th. Barclays reissued a “buy” rating and set a $33.00 target price on shares of GAP in a research report on Thursday, November 22nd. Finally, B. Riley dropped their target price on shares of GAP from $33.00 to $30.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 21st. Three research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $30.97.
GPS stock opened at $25.24 on Friday. The firm has a market capitalization of $9.94 billion, a PE ratio of 11.85, a price-to-earnings-growth ratio of 1.13 and a beta of 0.67. The company has a current ratio of 1.97, a quick ratio of 0.85 and a debt-to-equity ratio of 0.36. GAP has a 12 month low of $24.25 and a 12 month high of $35.68.
GAP (NYSE:GPS) last released its quarterly earnings data on Tuesday, November 20th. The apparel retailer reported $0.69 EPS for the quarter, beating the consensus estimate of $0.68 by $0.01. The business had revenue of $4.09 billion for the quarter, compared to the consensus estimate of $4 billion. GAP had a net margin of 5.57% and a return on equity of 29.45%. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.58 EPS. On average, research analysts expect that GAP will post 2.56 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 30th. Stockholders of record on Wednesday, January 9th will be issued a $0.2425 dividend. This represents a $0.97 annualized dividend and a dividend yield of 3.84%. The ex-dividend date 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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