Critical Media Coverage Extremely Likely to Impact GAP (GPS) Share Price

News headlines about GAP (NYSE:GPS) have been trending negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than 6,000 news and blog 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 coverage optimism score of -2.42 on their scale. InfoTrie also gave headlines about the apparel retailer an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the near future.

Here are some of the headlines that may have effected GAP’s score:

GPS opened at $24.84 on Tuesday. GAP has a one year low of $24.25 and a one year high of $34.71. The company has a current ratio of 1.97, a quick ratio of 0.85 and a debt-to-equity ratio of 0.36. The company has a market cap of $9.50 billion, a PE ratio of 11.66, a P/E/G ratio of 1.04 and a beta of 0.61.

GAP (NYSE:GPS) last released its quarterly earnings results on Tuesday, November 20th. The apparel retailer reported $0.69 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.01. GAP had a net margin of 5.57% and a return on equity of 29.45%. The business had revenue of $4.09 billion for the quarter, compared to analysts’ expectations of $4 billion. During the same period in the prior year, the firm earned $0.58 earnings per share. GAP’s revenue was up 6.5% compared to the same quarter last year. As a group, equities analysts anticipate that GAP will post 2.56 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 30th. Investors of record on Wednesday, January 9th were issued a $0.2425 dividend. The ex-dividend date of this dividend was Tuesday, January 8th. This represents a $0.97 annualized dividend and a yield of 3.90%. GAP’s dividend payout ratio is currently 45.54%.

Several brokerages have weighed in on GPS. MKM Partners decreased their price objective on shares of GAP to $30.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 28th. Standpoint Research raised shares of GAP from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research note on Friday, October 19th. ValuEngine cut shares of GAP from a “sell” rating to a “strong sell” rating in a research note on Thursday, February 7th. Goldman Sachs Group began coverage on shares of GAP in a research note on Thursday, October 25th. They set a “neutral” rating and a $28.00 price objective on the stock. Finally, Credit Suisse Group decreased their price objective on shares of GAP from $33.00 to $27.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 21st. Five investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and three have issued a buy rating to the stock. GAP presently has an average rating of “Hold” and an average target price of $30.75.

In related news, EVP Julie Gruber sold 7,500 shares of the stock in a transaction that occurred on Wednesday, January 16th. The shares were sold at an average price of $24.73, for a total value of $185,475.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 30.60% of the company’s stock.

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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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