GPS - The Gap, Inc.
17.86 0.00 (0.00%)
After hours: 6:05PM EDT
| Previous Close | 17.36 |
| Open | 17.40 |
| Bid | 17.86 x 4000 |
| Ask | 17.85 x 3000 |
| Day's Range | 17.26 - 17.90 |
| 52 Week Range | 15.11 - 31.39 |
| Volume | 6,512,008 |
| Avg. Volume | 7,527,576 |
| Market Cap | 6.712B |
| Beta (3Y Monthly) | 0.76 |
| PE Ratio (TTM) | 7.28 |
| EPS (TTM) | 2.45 |
| Earnings Date | Nov 18, 2019 - Nov 22, 2019 |
| Forward Dividend & Yield | 0.97 (5.59%) |
| Ex-Dividend Date | 2019-10-08 |
| 1y Target Est | 19.26 |
- Zacks
Gap (GPS) Loses 29% YTD: Can Growth Strategies Aid Stock?
Gap (GPS) witnesses sluggishness at its flagship brand due to traffic challenges and operational headwinds. However, its brand revitalization and omni-channel initiatives are encouraging.
- American City Business Journals
Venture capital firm expands into San Francisco, with office led by retail entrepreneur
The entrepreneur-turned-venture-capitalist said for those building startups, "Sometimes victory is just getting out of bed and being willing to take steps forward."
- Barrons.com
The Dow Is Down 194 Points Because Chinese Growth Is Cooling
The three major U.S. stock market indexes fell as new government data showed that China’s economic growth slowed down in the third quarter.
- Schaeffer's Investment Research
Analyst: Sell These Retail Stocks Before the Holiday Season
Credit Suisse cut the equities to "underperform" and slashed their price targets
- MarketWatch
Victoria's Secret parent L Brands, Macy's, Gap shares tank after downgrades as pressure mounts for holiday season
Credit Suisse analysts went on a downgraded spree in the retail sector, lowering Macy's Inc. , Gap Inc. and Victoria's Secret parent company L Brands Inc. to underperform from neutral based on analyst forecasts that weak recent trends will continue through the holiday season. L Brands stock slumped 8% after the downgrade, Gap stock slumped 5.8% in Friday trading, and Macy's stock was down 4.3%. Among the factors causing the pressure are a shorter holiday shopping calendar and tariff and tourism uncertainty. Analysts expressed concern, and lowered estimates, across the U.S. softline retailer group, but were especially cautious on these three retailers. Credit Suisse thinks Macy's "same-store sales trends likely running below Street estimates in Q3" with the "earnings-per-share algorithm in much more fragile state today vs. pre-2008 recession." Analysts cut Macy's price target to $12 from $19. Analysts cut Gap's price target to $14 from $20. "We believe the pending spinoff of Old Navy will ultimately prove to have been destructive to equity value, and have low confidence that the company will be able to achieve the offsets to dis-synergy costs laid out in its recent presentation," analysts said. And L Brands' price target was slashed to $14 from $22. "In a tougher U.S. backdrop, we see risk to 2H guide that assumes a fairly quick turn in Victoria's Secret trends with the multitude of challenges facing the company today making it difficult to support the stock on valuation alone," Credit Suisse said. Analysts top picks in the sector are all rated outperform and all had price target hikes: Vans parent VF Corp. , up to $116 from $104; off-price retailer Ross Stores Inc. , up to $130 from $120; Burlington Stores Inc. , up to $245 from $235; and Nike Inc. target price raised to $112 from $105. The SPDR S&P Retail ETF is down nearly 9% over the past year while the S&P 500 index has gained 8% for the period.
- Zacks
The Zacks Analyst Blog Highlights: Amazon, Walmart, Macy's, Gap and Target
The Zacks Analyst Blog Highlights: Amazon, Walmart, Macy's, Gap and Target
- GuruFocus.com
Parnassus Endeavor Fund Buys 4 Stocks in 3rd Quarter
The fund’s largest new position is in Arista Networks Continue reading...
- American City Business Journals
More tenants in negotiations for Placerville center, plans suggest
It appears an upcoming Target store has led several major retailers to consider joining a Placerville shopping center.
- Zacks
Holidays a Litmus Test for Retailers Post September Sales Drop
Retailers will surely be looking for green shoots of consumer spending in hopes for improved business activities during the festive period.
- Zacks
GPS vs. BHOOY: Which Stock Is the Better Value Option?
GPS vs. BHOOY: Which Stock Is the Better Value Option?
- Zacks
Is Gap (GPS) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- MarketWatch
Gap Inc.'s Hill City brand opens year-long pop-up store
Gap Inc. has announced the first brick-and-mortar location for its year-old men's athleisure line Hill City. The 12-month pop-up store, located in San Francisco, is the first of many efforts to move the brand from e-commerce into the real world, with a Hill City Truck heading to the streets of San Francisco, wholesale partnerships that will put Hill City product in stores like Neighborhood Goods and Ships in Tokyo, and local events. Gap is taking steps to spin off its Old Navy brand, and raise awareness of brands like Athleta and children's label Jack & Janie, which the company will franchise. Gap stock is down more than 35% over the past year while the S&P 500 index is up 6.5% for the period.
- Zacks
Big Bank & Healthcare Earnings, Netflix Q3 Preview & Buy Lululemon Stock - Free Lunch
Breaking down some of Tuesday's major Q3 earnings results from giants such as JPMorgan Chase and UnitedHealth. A look at what to expect from Netflix's third quarter financials Wednesday. And why Lululemon is a Zacks Rank 1 (Strong Buy) stock...
- MarketWatch
Children's Place relaunching Gymboree in stores and online in early 2020
Children's Place Inc. said Tuesday that it will relaunch the Gymboree brand in North America in early 2020. The relaunch will include a Gymboree website, app and shop-in-shop locations in more than 200 The Children's Place stores. There will also be an enhanced Gymboree loyalty program. Gymboree filed for bankruptcy in January and sold its Jack and Janie line to Gap Inc. . Children's Place won the Gymboree intellectual property in March with a $76 million bid. Children's Place stock has slumped more than 45% over the past year while the S&P 500 index is up 7.8% for the period.
- Business Wire
Janie and Jack Launches Awareness Campaign for National Adopt a Shelter Dog Month to Celebrate Limited-edition Family Dog Collection
Today, children’s fashion brand, Janie and Jack, launches its first-ever Family Dog collection with exclusive matching looks for dogs. To celebrate the launch and in honor of National Adopt a Shelter Dog Month, the brand is partnering with Mom Brain podcast co-host, author and dog lover, Hilaria Baldwin, dog influencer and photographer, The Dogist, and model, dog adoption advocate and founder of Mother of Dogs, Allie Rizzo to raise funds for the American Society for the Prevention of Cruelty to Animals (ASPCA). According to the ASPCA, each year approximately 5.3 million companion animals enter animal shelters nationwide.
- Insider Monkey
Hedge Funds Are Dumping The Gap Inc. (GPS)
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]
- American City Business Journals
Legacy retailers scramble to offload Market Street space
Worsening street conditions and shifts in the retail industry have an increasing number of tenants interested in downsizing.
- PR Newswire
Athleta Girl And Girls Leadership Launch "Code Of Confidence" To Redefine Conversations With Girls
SAN FRANCISCO, Oct. 10, 2019 /PRNewswire/ -- In celebration of International Day of the Girl, Athleta Girl today introduces its Code of Confidence, created in partnership with Girls Leadership as a resource for engaging with girls about what they wear. In support of Athleta's mission to inspire a community of active, healthy women and girls to reach their limitless potential, the Code of Confidence seeks to change the conversation around girls' appearance, focusing on how they feel instead of how they look, empowering them to look inward for validation rather than seeking the approval of others. "Ask her how she feels, instead of telling her she looks cute," says Head of Athleta Girl Katy Miller.
- Zacks
DICK'S Sporting Prepares for the Holiday Fest, Plans Hiring
DICK'S Sporting (DKS) plans to hire up to 8,000 seasonal workers for the extravagant holiday season this year.
- GuruFocus.com
3 Major Indexes Are Positive on Monday
Simply Good Foods updates full-year guidance Continue reading...
- Zacks
Zumiez's Sturdy Comps & Strategic Efforts to Boost Sales
Zumiez (ZUMZ) is gaining from favorable comps trend and solid bottom-line picture along with investments in logistics and omni-channel efforts. Also, it is on track with store remodeling and openings.
- Yahoo Finance
Madewell's web traffic is exploding – and that's good news for its forthcoming IPO
Madewell's web traffic grew 30.2% in the first eight months of this year.
- GuruFocus.com
Beating the Street: In Praise of Amateur Stock Pickers
Peter Lynch shows how 2 sets of amateur investors managed to outperform the pros Continue reading...
- Zacks
Macy's Preps for Holiday Season, Announces Hiring Plans
Macy's (M) plans to hire nearly 80,000 seasonal workers. These workers will be appointed for Macy's and Bloomingdale stores, distribution and fulfillment centers, and call centers.
- Yahoo Finance Video
Levi's reports earnings that beat expectations, profit falls by 4%
Levi's reported earnings after the bell yesterday that beat analyst's expectations, yet saw profit fall by 4%. Specialty Retail Consultant at JJK Research Janet Kloppenburg joins Yahoo Finance's Alexis Christoforous and Brian Sozzi to discuss.
