GPS - The Gap, Inc.
| Previous Close | 25.28 |
| Open | 25.51 |
| Bid | 26.29 x 1000 |
| Ask | 26.30 x 900 |
| Day's Range | 25.45 - 26.33 |
| 52 Week Range | 25.27 - 35.68 |
| Volume | 2,847,780 |
| Avg. Volume | 4,808,981 |
| Market Cap | 10.076B |
| Beta (3Y Monthly) | 0.17 |
| PE Ratio (TTM) | 11.49 |
| EPS (TTM) | 2.28 |
| Earnings Date | Nov 14, 2018 - Nov 19, 2018 |
| Forward Dividend & Yield | 0.97 (3.84%) |
| Ex-Dividend Date | 2018-10-09 |
| 1y Target Est | 32.00 |
- Yahoo Finance Video•4 days ago
JPMorgan downgrades Gap; Constellation Brands executive shakeup; Sam’s Club expands same-day delivery; Blackstone profit jumps
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Thursday.
- Motley Fool•2 days ago
Gap Rewards Customers for Shopping at Amazon and Target
It's a risky maneuver, but the unique strategy could pay off in the end.
- Motley Fool•4 days ago
Why Activision Blizzard, United Rentals, and Gap Slumped Today
Find out what made these stocks stand out on a big down day.
- Motley Fool•4 days ago
Why Gap Inc. Shares Sunk Today
Shares of the apparel retailer fell on an analyst downgrade.
- Benzinga•4 days ago
Gap Hits 52-Week Low After JPMorgan Downgrade
Clothing retailer Gap Inc (NYSE: GPS ) continues to struggle with operational issues and could oversee a poor performance in the upcoming holiday season. The Analyst JPMorgan's Matthew Boss downgraded ...
- Investopedia•4 days ago
Dump Gap Before the Holiday: JPMorgan
While the broader retail industry has managed to secure a turnaround in 2018, Gap Inc. ( GPS) hasn't been able to keep up with its peers. In a note to clients on Thursday, JPMorgan analyst Matthew Boss reduced his 12-month price forecast on Gap stock from $30 to $24, implying an 11% downside from Wednesday close. "The time frame for Gap banner sequential SSS [same-store sales] improvement and return to 'momentum' is now less certain in our view as the brand grapples with operational issues and second-half assortment imbalance (bottoms tops) with the new brand president unlikely to have material impact until the first half of 2019," Boss said.
Yahoo Finance•4 days agoConstellation Brands CEO steps down, Gap shares plunge, Facebook takes a dive
Constellation Brands, Gap and Facebook are the Yahoo Finance charts of the day.
- Barrons.com•4 days ago
Gap Is Fraying at the Seams
The gap between the clothing seller and the rest of the retail sector is a wide one, and JPMorgan argues it stands to grow worse.
- MarketWatch•4 days ago
Gap's stock sinks after J.P. Morgan turns bearish, citing sales weakness and margin pressure
Shares of Gap Inc. sank 5.8% in premarket trade Thursday, putting them on track to open at a 13-month low, after J.P. Morgan turned bearish on the apparel retailer, citing signs of continued sales weakness and growing pressure on margins. Analyst Matthew Boss cut his rating to underweight, after being at neutral since April 2017. He slashed his stock price target to $24, which is 11.5% below Wednesday's closing price, from $30. Boss said Gap is grappling with operational issues and an assortment imbalance for the holiday season, with more bottoms than tops, and the new brand president is unlikely to have an impact until the first half of 2019. He also expects gross margins to be hurt by elevated promotions in the near-term promotions and inflation in freight costs. That said, Boss said Gap's Old Navy brand stores remain a "bright spot." Gap's stock has dropped 10.1% over the past three months, while the SPDR S&P Retail ETF has lost 4.7% and the S&P 500 has eased 0.2%.
- CNBC•4 days ago
JP Morgan downgrades Gap, saying it's not ready for the holidays and faces higher costs from tariffs
J.P. Morgan downgraded Gap shares to underweight Thursday, predicting the clothier could face profit pressure throughout the holiday season as it struggles with operational issues and skewed inventory.
- InvestorPlace•6 days ago
7 High-Value, High-Yield Growth Stocks to Buy
Dividend growth stocks have taken it on the chin in October. Only consumer discretionary and materials stocks have done worse over the same period. Fast Graphs founder Chuck Carnevale recently contributed an article to Seeking Alpha discussing 12 dividend growth stocks that he thought were undervalued based on his earnings yield minimum of 6.5% or more.
- American City Business Journals•7 days ago
Tanger cements land deal for premium outlet mall
The arrival of Tanger is a major step forward for a $1.7 billion development most recently in the news in May, when Ikea scrapped a nationwide expansion that included a store at this project.
- Zacks•10 days ago
Dollar Tree Ramps Up Hiring to Gear Up for Holiday Season
Dollar Tree (DLTR) to hire roughly 25,000 part-time associates for its Dollar Tree and Family Dollar stores to make this year's holiday season a grand success.
- Zacks•11 days ago
American Eagle Begins Holiday Preparations, Hiring Takes Off
American Eagle (AEO) to hire roughly 22,000 part-time associates for its AE and Aerie brands to make this year's holiday season a grand success.
Associated Press•11 days agoAP Exclusive: Tests show toxin in chain stores' jewelry
LOS ANGELES (AP) — Jewelry with the toxic metal cadmium is showing up on the shelves of national retailers including Ross, Nordstrom Rack and Papaya, according to newly released test results.
- Bloomberg•12 days ago
In Fintech's Race for Customers, Adyen Lands Gap's EU Business
On Wednesday, the Dutch payment processor announced that it was adding the European businesses of Gap Inc. to the roster of companies using its platform. On Tuesday, Tiffany & Co. joined the list of named customers on its website.
- MarketWatch•18 days ago
Gap adds three new board members
Gap Inc. said Thursday that it has added three board members, effective November 1: Amy Bohutinsky, chief operating officer of Zillow Group Inc.; John Fisher, co-founder of Sansome Partners, an investment management firm; and Lexi Reese, chief operating officer of Gusto, a cloud-based human resources platform. Gap's apparel and accessories chains includes its namesake brand, Banana Republic and Old Navy. Gap shares have fallen 20.4% for the year to date while the S&P 500 index has gained 8.5% for the period.
- Business Wire•18 days ago
Gap Inc. Appoints Three New Members to Its Board of Directors
Amy Bohutinsky, COO of Zillow Group Inc., John Fisher, Co-Founder and General Partner of Sansome Partners, and Lexi Reese, COO of Gusto will join Gap Inc.’s Board of Directors on N
- Business Wire•18 days ago
Gap Inc. Declares its Stores Nationwide as ‘Open to All’
Gap Inc. today announced it is signing the Open to All Business Pledge and urging other business leaders across the nation to add their voices and their businesses to declare they are Open to All and oppose discrimination. There are over 2,300 Gap, Banana Republic, Old Navy, Athleta, and Intermix stores in the country, spanning all 50 states. Gap Inc. joins Yelp, Levi Strauss & Co., Lyft, as well as more than 1,500 small businesses and 200 nonprofits, in partnering with Open to All, a public education campaign focused on the longstanding principles that affirm when a business opens its doors to the public, it should be open to everyone on the same terms.
- Simply Wall St.•18 days ago
Only 4 Days Left Before The Gap Inc (NYSE:GPS) Will Be Trading Ex-Dividend,
Investors who want to cash in on The Gap Inc’s (NYSE:GPS) upcoming dividend of US$0.24 per share have only 4 days left to buy the shares before its ex-dividend date, Read More...
- Simply Wall St.•19 days ago
Why The Gap Inc (NYSE:GPS) Is A Dividend Rockstar
The Gap Inc (NYSE:GPS) has pleased shareholders over the past 10 years, by paying out dividends. The company is currently worth US$11.0b, and now yields roughly 3.6%. Does Gap tick Read More...
- MarketWatch•20 days ago
Retail stocks take a tumble after Amazon's minimum wage hike announcement
Retail stocks including Nordstrom Inc. (down 2.1%), Kohl's Corp. (down 3%), Gap Inc. (down 3.3%) and Macy's Inc. (down 2.3%) have fallen in Tuesday trading after Amazon.com Inc. announced it was raising its minimum wage to $15 and advocating for a broader rise in the minimum wage to that level. Retailers, already feeling the pressure to attract and retain quality workers, could soon be feeling the tighter squeeze from larger, more competitive paychecks. "Amazon gets something of a free pass on profit levels from investors, so is able to manage market expectations," wrote GlobalData Retail Managing Director Neil Saunders in a note. "The same cannot be said for other retailers, many of which are under increasing economic pressure to increase wages and benefits. In our view, those moves could well impact earnings into the new year." The SPDR S&P Retail ETF , which is down 1.7% in Tuesday trading, has gained 8.3% for the year so far. The Amplify Online Retail ETF , down 3% in Tuesday trading, has gained 22.4% for 2018 to date. The S&P 500 index is up 9.4% for the year to date.
Market Realist•25 days agoHow’s Express’s Bottom Line Performance in Fiscal 2018?
In the trailing six quarters, Express (EXPR) beat analysts’ estimates five times and missed analysts’ estimate once. In the fiscal first quarter, Express’s adjusted EPS were $0.01, much better than analysts’ consensus estimate of -$0.02 and its EPS of -$0.03 in the same quarter last year. Its fiscal second-quarter adjusted EPS came in at $0.03, easily beating analysts’ estimate of break-even earnings and the $0.01 it reported in the same quarter last year.
Market Realist•25 days agoExpress’s Fiscal 2018 Sales Performance Has Been Impressive
The company beat sales estimates in the fiscal first quarter by 4.0% and beat estimates in the fiscal second quarter by 2.1%. Its management is confident that its fall and holiday collections along with its extended size offerings will drive its top line in the remaining two fiscal quarters. The company’s e-commerce sales were up 35% in the fiscal first quarter, while in the fiscal second quarter, they were up 37%.
Market Realist•26 days agoWhat Are Analysts Recommending for Express Stock?
All seven analysts covering Express (EXPR) stock have given it “holds” as of September 25. There have been no price revisions on Express stock in the past 15 days. Currently, analysts’ 12-month average target price for Express stock is $9.00, which reflects a 17.3% downside to the stock’s price as of September 25.
