GPS - The Gap, Inc.
| Previous Close | 17.75 |
| Open | 16.96 |
| Bid | 16.85 x 4000 |
| Ask | 17.00 x 1800 |
| Day's Range | 16.61 - 17.99 |
| 52 Week Range | 15.22 - 31.39 |
| Volume | 18,694,370 |
| Avg. Volume | 7,275,365 |
| Market Cap | 6.395B |
| Beta (3Y Monthly) | 0.70 |
| PE Ratio (TTM) | 6.89 |
| EPS (TTM) | 2.45 |
| Earnings Date | Nov 18, 2019 - Nov 22, 2019 |
| Forward Dividend & Yield | 0.97 (5.46%) |
| Ex-Dividend Date | 2019-10-08 |
| 1y Target Est | 20.95 |
- Yahoo Finance Video
Trump’s escalating trade war with China could hurt some struggling retailers
China says it would impose retaliatory tariffs on U.S. goods followed by Trump ordering U.S. companies to look for ‘alternatives to China.’ Yahoo Finance’s Editor-at-large Brian Sozzi joins The Final Round with his take on the potential implications for retailers.
- Yahoo Finance Video
#Flashback Friday: Target soars while Gap continues 5-year downturn
Yahoo Finance's Brian Sozzi recaps the week in retail earnings.
- Thomson Reuters StreetEvents
Edited Transcript of GPS earnings conference call or presentation 22-Aug-19 9:00pm GMT
Q2 2019 Gap Inc Earnings Call
- Zacks
Lululemon Q2 Earnings Preview: Can LULU Stock Continue Its Climb?
Can Lululemon (LULU) stock continue its climb following its Q2 earnings release in early September?
- InvestorPlace
Friday’s Vital Data: Gap, Boeing and Amazon
U.S. stock futures are trading lower this morning after China said it would impose new tariffs on an additional $75 billion in U.S. goods. Another potentially market-moving event today is an address by Federal Reserve Chair Jerome Powell to economists that could provide further insight into the future path of interest rates.Source: Shutterstock Against this backdrop, futures on the Dow Jones Industrial Average are down 0.52%, and S&P 500 futures are lower by 0.50%. Nasdaq-100 futures have shed 0.75%.In the options pits, call volume won the day Thursday even as overall activity fell below-average levels. Specifically, about 14.8 million calls and 13.3 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, over at the CBOE, the spread between calls and puts narrowed, driving the single-session equity put/call volume ratio back up to 0.74 -- a one-week high. The 10-day moving average held its ground at 0.72.Options activity was buzzing in Gap (NYSE:GAP), Boeing (NYSE:BA) and Amazon (NASDAQ:AMZN), among others.Let's take a closer look: Gap (GPS)The drumbeat of retail earnings continued this morning with Gap. This season some companies like Target (NYSE:TGT) have dazzled while others like Macy's (NYSE:M) have disappointed. Gap split the difference posting mixed results. * 10 Stocks to Own Through a Global Recession For the fiscal second-quarter, the company raked in adjusted earnings-per-share of 63 cents versus estimates of 53 cents. On the top line sales came in at $4.01 billion versus $4.02 billion expected. Same-store sales were particularly disappointing, falling 4% versus an expected decline of 3.1%.GPS stock is trading down just shy of 5% premarket. Because it rallied a similar amount yesterday in anticipation of this morning's event, the damage isn't that bad. The price trend for Gap shares has been bearish for ages, and this report will do little to change the overall posture. If you are shopping in the land of retail stocks, I suggest steering clear of this one until it can at least break above short-term resistance levels such as the $19 zone.As far as options trading goes, speculators favored calls throughout the day. Activity zipped to a whopping 1,186% of the average daily volume, with 119,063 total contracts traded; 70% of the trading came from call options alone.Implied volatility was running hot ahead of this morning's report. At 73%, it was perched at the 100th percentile of its one-year range. Premiums were baking in a move of $2.23 or 12.6%. So with the stock only falling 4.8%, it's fair to say options buyers way overpaid for their wares. Boeing (BA)Negative news surrounding Boeing's 737 MAX jets has hounded the stock for months now. But yesterday the ailing aerospace juggernaut finally received some good news. According to a Reuters report, the company is planning to begin manufacturing 737 MAX jets again in February at an initial pace of 52 planes per month. The plans hinge on regulators giving the green light for the aircraft to fly once more.BA stock took flight on the news, climbing 4.2% on its highest volume session of the month. The gains were enough to carry the stock north of its 50-day moving average for the first time since last month's earnings ugliness ushered it to the south side of the indicator.Much work remains before BA stock reclaims its former glory, but Thursday's rally could be the first step in reversing its downtrend higher. Look for a run toward the next resistance zone at $380.On the options trading front, call popularity popped alongside the stock. Total activity grew to 67% of the average daily volume, with 211,756 contracts traded. Calls claimed 67% of the take.Implied volatility lifted slightly reflecting increased demand for derivatives. At 29% it now sits at the 30th percentile of its one-year range. Premiums are pricing in daily moves of $6.53 or 1.8% so set your expectations accordingly. Amazon (AMZN)Resistance hangs heavy over Amazon shares, rejecting yet another rally attempt on Thursday. The $1,830 zone has denied no less than five breakout bids over the past month. Yesterday marked the latest rejection ending with a bearish reversal candle. The descending 20-day moving average is also now exerting downward pressure on the shares.On a bright note, the clarity of where resistance lies makes it easy to identify when and if one should become bullish on AMZN stock. If we can close above $1,830, then swing away with bull plays. Otherwise, sellers hold the upper hand. * 7 Internet of Things Stocks to Buy Now The action on the options trading side wasn't all that exciting, and yet AMZN still landed atop the leaderboard. Calls outpaced puts by a slim margin despite the price drop. Activity fell short on the session adding to 92% of the average daily volume, with 153,276 total contracts traded. Calls accounted for 53% of the session's sum.Implied volatility held firm at 25% or the 10th percentile of its one-year range. Premiums are cheap, which increases the appeal of long option plays like debit spreads. Premiums are baking in daily moves of $28.59 or 1.6%.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks to Buy on the Dip * 7 Marijuana Stocks With Critical Levels to Watch * 7 Internet of Things Stocks to Buy Now The post Friday's Vital Data: Gap, Boeing and Amazon appeared first on InvestorPlace.
- Benzinga
Old Navy Comp Decline A Worry For Gap
Gap Inc (NYSE: GPS ) shares are falling after reporting a second-quarter sales miss . Gap CEO Art Peck said the company was facing a difficult competitive environment after all three divisions of the company ...
- MarketWatch
Double jeopardy for retailers: the online menace and recession
An analysis out Thursday suggests ETFs that look to profit from online retailing may be a good bet, but not a sure one.
- GuruFocus.com
2 US Apparel Store Stocks Report 2nd-Quarter Results
Gap Inc. misses on earnings, while Ross Stores beats Continue reading...
- Zacks
Gap (GPS) Q2 Earnings Beat Estimates, Soft Comps Hurt Sales
Gap (GPS) posts mixed second-quarter fiscal 2019 results. A decline in comparable sales hurt the company's top line.
- TheStreet.com
Gap Is Too Cheap to Ignore - How to Trade the Retailer
Gap opened below its monthly pivot at $18.16 without a nearby value level, but beware that the stock is fundamentally too cheap to ignore with a P/E ratio of 6.77 and dividend yield of 5.95%.
- Motley Fool
Gap Inc (GPS) Q2 2019 Earnings Call Transcript
GPS earnings call for the period ending August 3, 2019.
- TheStreet.com
[video]Gap Same-Store Sales Fall 4%, Old Navy Sales Drop More Than Expected
Shares of Gap traded slightly higher in premarket trading Friday after the retailer reported declines in same-store-sales across its brands during the second quarter. The apparel company, which owns the brands The Gap, Banana Republic and Old Navy, said sales at comparable stores fell 4% in the second quarter vs. an increase of 2% in the same period a year ago. Same-store sales at Banana Republic fell 3% in the second quarter compared with a year-earlier gain of 2%.
- Zacks
Gap (GPS) Q2 Earnings Top Estimates
Gap (GPS) delivered earnings and revenue surprises of 21.15% and -0.30%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
- Barrons.com
Gap’s Sales Worsen at Old Navy Brand
Adjusted second-quarter profit fell by less than expected, but comparable sales at Old Navy stores fell 5% year over year, up from 1% in the first quarter.
- Reuters
UPDATE 1-Gap same-store sales disappoint as Old Navy struggles
Gap Inc posted quarterly same-store sales that fell short of analysts' estimates on Thursday, as Old Navy suffered its worse comparable sales figures in three years ahead of a planned spin-off of the brand. Old Navy, which offers more affordable clothing and accessories, has been a bright spot for the company in the past. Overall, sales at the company's Gap, Old Navy and other stores open for at least a year fell 4% in the second quarter ended Aug. 3, compared with analysts' estimates of a 3.09% drop, according to IBES data from Refinitiv.
- MarketWatch
Gap stock falls after company's Q2 same-store sales fall
Shares of Gap Inc. fell 7% in the extended session Thursday after the retailer reported adjusted profit above expectations but same-store sales disappointed. Gap said it earned $168 million, or 44 cents a share, in the quarter, compared with $297 million, or 76 cents a share, in the year-ago quarter. Adjusted for one-time items, Gap said it earned 63 cents a share. Sales fell to $4 billion, from $4.09 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of 53 cents a share on sales of $4.02 billion. Same-store sales were down 4% in the quarter, compared with a 2% increase a year ago. Gap also updated its EPS guidance for the year, saying it expects adjusted profit to range between $2.05 a share and $2.15 a share. The analysts surveyed by FactSet expect adjusted EPS of $2.06 for the year. "We are operating in a challenging environment, but I remain confident in the strength of our brands and our plans for the future as we work to launch two independent, public companies," Chief Executive Art Peck said in a statement. Gap continues to expect to close about 30 company-operated stores in the year. The stock ended the regular trading session up 4.7%.
- Reuters
Gap same-store sales disappoint as Old Navy struggles
Old Navy, which offers more affordable clothing and accessories, has been a bright spot for the company in the past. Overall, sales at the company's Gap, Old Navy and other stores open for at least a year fell 4% in the second quarter ended Aug. 3, compared with analysts' estimates of a 3.09% drop, according to IBES data from Refinitiv.
- Benzinga
Gap Reports Q2 Earnings Beat, Reaffirms Guidance
Gap Inc (NYSE: GPS ) reported a slight second-quarter sales miss after Thursday's bell. Adjusted earnings came in at 63 cents per share, beating estimates by 10 cents. Sales came in at $4 billion, missing ...
- Business Wire
Gap Inc. Reports Second Quarter Results
Gap Inc. today reported diluted earnings per share of $0.44 on a reported basis, and $0.63 on an adjusted basis, excluding costs associated with the company’s planned separation, tax impacts related to new guidance regarding the Tax Cuts and Jobs Act of 2017, and costs related to the previously announced specialty fleet restructuring.
- Zacks
Implied Volatility Surging for Gap (GPS) Stock Options
Investors need to pay close attention to Gap (GPS) stock based on the movements in the options market lately.
- Benzinga
Gap Q2 Earnings Preview
Gap (NYSE: GPS ) will be releasing its next round of earnings this Thursday, August 22. For all of the relevant information, here is your guide for the Q2 earnings announcement. Earnings and Revenue Gap ...
- Investing.com
Stocks - U.S. Futures on Hold Ahead of Jackson Hole Summit, PMI Data
Investing.com - U.S. futures were slightly down on Thursday as investors waited for more details on Fed policy at the central bank's three-day gathering in Jackson Hole, Wyoming.
- Barrons.com
Gap Reports Earnings Today. Here’s What to Expect.
(GPS) has had a tough year. The company’s shares have dropped more than 30% so far in 2019, as it attempts to engineer a turnaround before spinning off its Old Navy brand next year. Comparable sales in all three of its major brands—The Gap, Old Navy, and Banana Republic—declined, and company management said it expected same-store sales to decline this year. Gap stock (ticker: GPS) has declined 18% since its last earnings report on May 30.
