News stories about GAP (NYSE:GPS) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GAP earned a news impact score of 0.14 on Accern’s scale. Accern also gave media coverage about the apparel retailer an impact score of 46.3335646485738 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
Shares of GPS stock traded down $0.09 during mid-day trading on Friday, hitting $31.74. 5,115,466 shares of the stock traded hands, compared to its average volume of 5,928,841. The stock has a market cap of $12,346.86, a price-to-earnings ratio of 14.83, a P/E/G ratio of 1.51 and a beta of 0.88. GAP has a 1-year low of $21.02 and a 1-year high of $35.68. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.04 and a current ratio of 1.86.
GAP (NYSE:GPS) last announced its quarterly earnings data on Thursday, March 1st. The apparel retailer reported $0.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.58 by $0.03. The business had revenue of $4.78 billion for the quarter, compared to analyst estimates of $4.68 billion. GAP had a net margin of 5.35% and a return on equity of 28.13%. The company’s revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 EPS. equities analysts expect that GAP will post 2.63 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 2nd. Stockholders of record on Wednesday, April 11th will be issued a dividend of $0.2425 per share. This is a positive change from GAP’s previous quarterly dividend of $0.23. This represents a $0.97 annualized dividend and a dividend yield of 3.06%. The ex-dividend date is Tuesday, April 10th. GAP’s dividend payout ratio is presently 42.99%.
A number of equities research analysts recently commented on GPS shares. Zacks Investment Research raised shares of GAP from a “sell” rating to a “hold” rating in a research note on Monday, November 20th. Cowen reissued a “hold” rating and issued a $32.00 price objective on shares of GAP in a research note on Wednesday, November 22nd. ValuEngine raised shares of GAP from a “buy” rating to a “strong-buy” rating in a research note on Thursday, November 30th. Citigroup cut shares of GAP from a “neutral” rating to a “sell” rating and lowered their price objective for the company from $32.50 to $25.00 in a research note on Thursday, November 30th. Finally, Oppenheimer reissued a “market perform” rating and issued a $33.00 price objective on shares of GAP in a research note on Thursday, December 14th. Three analysts have rated the stock with a sell rating, twenty have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $31.99.
In other news, CEO Jeff Kirwan sold 101,820 shares of the stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $33.73, for a total transaction of $3,434,388.60. Following the transaction, the chief executive officer now directly owns 101,820 shares in the company, valued at approximately $3,434,388.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Dara Bazzano sold 4,066 shares of the stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $34.00, for a total transaction of $138,244.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 696,033 shares of company stock worth $23,754,526. Insiders own 27.30% of the company’s stock.
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The Gap, Inc (Gap Inc) is an apparel retail company. The Company offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands. Its products are available to customers online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services.
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