Zacks Research Issues Pessimistic Estimate for GAP Earnings

The Gap, Inc. (NYSE:GAP) – Analysts at Zacks Research dropped their Q1 2027 earnings per share estimates for shares of GAP in a research note issued to investors on Thursday, December 4th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.48 per share for the quarter, down from their previous estimate of $0.49. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for GAP’s current full-year earnings is $2.02 per share. Zacks Research also issued estimates for GAP’s Q1 2028 earnings at $0.53 EPS.

GAP has been the subject of several other research reports. Robert W. Baird lifted their target price on shares of GAP from $26.00 to $27.00 and gave the stock a “neutral” rating in a report on Friday, November 21st. Weiss Ratings restated a “buy (b-)” rating on shares of GAP in a research report on Monday, December 1st. Morgan Stanley upped their target price on GAP from $30.00 to $31.00 and gave the company an “overweight” rating in a research report on Friday, November 21st. Evercore ISI increased their target price on GAP from $25.00 to $28.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. Finally, The Goldman Sachs Group boosted their price target on GAP from $26.00 to $29.00 and gave the company a “buy” rating in a research note on Friday, November 21st. Eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.57.

GAP Price Performance

NYSE:GAP opened at $26.55 on Monday. The company has a market cap of $9.87 billion, a P/E ratio of 11.85, a P/E/G ratio of 2.97 and a beta of 2.28. The firm’s fifty day moving average price is $23.39 and its two-hundred day moving average price is $22.55. GAP has a one year low of $16.99 and a one year high of $29.29. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.72 and a quick ratio of 0.97.

GAP (NYSE:GAP) last posted its quarterly earnings results on Tuesday, November 25th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.04. GAP had a return on equity of 24.91% and a net margin of 5.57%.The business had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.90 billion. During the same quarter in the prior year, the business earned $0.72 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis.

Institutional Trading of GAP

A number of institutional investors and hedge funds have recently made changes to their positions in GAP. Caisse DE Depot ET Placement DU Quebec bought a new position in shares of GAP during the first quarter valued at $7,207,000. Ameriprise Financial Inc. acquired a new stake in GAP in the first quarter valued at $63,674,000. Russell Investments Group Ltd. bought a new position in GAP during the 1st quarter worth $3,532,000. Atlas Capital Advisors Inc. bought a new position in GAP during the 1st quarter worth $264,000. Finally, Strs Ohio acquired a new position in GAP during the 1st quarter worth about $856,000. Institutional investors own 58.81% of the company’s stock.

Insider Buying and Selling at GAP

In related news, Director William Sydney Fisher sold 400,000 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $27.02, for a total value of $10,808,000.00. Following the transaction, the director owned 2,853,453 shares in the company, valued at approximately $77,100,300.06. This trade represents a 12.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert J. Fisher sold 500,000 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $27.45, for a total value of $13,725,000.00. Following the completion of the transaction, the director directly owned 2,329,502 shares of the company’s stock, valued at approximately $63,944,829.90. This trade represents a 17.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,915,073 shares of company stock valued at $49,449,801 over the last ninety days. 31.00% of the stock is owned by corporate insiders.

GAP Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 7th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Wednesday, January 7th. This represents a $0.66 dividend on an annualized basis and a yield of 2.5%. GAP’s dividend payout ratio is currently 29.46%.

GAP Company Profile

Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections.