March 19, 2018

Gap profit jumps 12.6 pct

19 May 2017, 09:09 | Melvin Schneider

The sign for a Gap store is seen on 5th avenue in midtown Manhattan in New York

The sign for a Gap store is seen on 5th avenue in midtown Manhattan in New York

They now have a $30.00 price target on the apparel retailer's stock. Royal Bank of Canada reaffirmed a "hold" rating and set a $26.00 target price on shares of Gap in a report on Tuesday, April 18th.

Receive Gap, Inc. (The) News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gap, Inc. The market capitalization of the company is at $9.68 Billion.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.94 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell.

The target price for The Gap, Inc.

While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Gap also was the recipient of some unusual options trading on Thursday.

Gap (NYSE:GPS) last posted its earnings results on Thursday, February 23rd.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for The Gap, Inc. the EPS stands at 0.51 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.51, suggesting the stock fell short of the analysts' expectations.

24 number of analysts have estimated the sales of the company for the quarter ending Aug 17, 2017, analysts estimated mean sale target of 3780.53 million while high and low sale targets are estimated at 4031 million and 3673 million respectively. Gap had a net margin of 4.33% and a return on equity of 32.19%. The firm's quarterly revenue was up.1% compared to the same quarter past year.

Group linked to NSA spy leaks threatens sale of new tech secrets
The group also has intelligence gathered by the NSA on foreign banks and ballistic missile programs, it said. The blog post criticizes the global technology giants and their relation with the U.S government.

Investors Catching Stocks Advanced Micro Devices, Inc. (AMD)
Finally, Norges Bank acquired a new stake in Advanced Micro Devices during the fourth quarter valued at approximately $50,722,000. COPYRIGHT VIOLATION WARNING: This story was originally reported by Chaffey Breeze and is owned by of Chaffey Breeze.

5 people hospitalized after eating gas station nacho cheese
The Kelly family has turned to a Seattle firm specializing in food safety issues to pursue legal action against the gas station. The source of the food product may be unrelated to the gas station; it could be a commercially made, pre-packaged item.

On 2/23/2017 announced a quarterly dividend of $0.23 3.72% with an ex dividend date of 4/3/2017 which will be payable on 4/5/2017. Out of 33 Wall Street analysts rating The Gap Inc., 4 give it "Buy", 6 "Sell" rating, while 23 recommend "Hold".

Several other large investors also recently made changes to their positions in the stock.

Dividends is a reward scheme, that a company presents to its shareholders. Gap now has an average rating of Hold and an average target price of $25.74.

ILLEGAL ACTIVITY WARNING: This article was reported by BBNS and is the property of of BBNS. If you are viewing this report on another website, it was illegally stolen and republished in violation of USA and worldwide copyright and trademark laws. The legal version of this piece can be viewed at Shares for $289,484 were sold by Kirwan Jeff on Monday, November 21.

The stock subtracted in the prior trading session by -4.23%, closing at the stock price of $23.55. Following the completion of the sale, the chief executive officer now directly owns 29,548 shares of the company's stock, valued at $735,154.24. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The stock has "Hold" rating by FBR Capital on Tuesday, August 25. $12.29M worth of stock was sold by FISHER ROBERT J on Thursday, March 30. Following the transaction, the director now owns 8,867,728 shares of the company's stock, valued at approximately $217,968,754.24. The disclosure for this sale can be found here. The fund owned 42,329 shares of the apparel retailer's stock after selling 4,830 shares during the period. Finally, TheStreet raised shares of Gap from a "c" rating to a "b-" rating in a report on Thursday, April 20th. Likewise, the downbeat performance for the last quarter was -2.52% and for the full year it was 41.58%. The Beta factor for the stock is listed at 1.77.

Hedge funds have recently modified their holdings of the stock.

The Gap, Inc (Gap Inc) is an apparel retail company. The Firm offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands.

Other News

Trending Now

Flynn not cooperating in Russian probe: GOP Senator
Alptekin told the AP in an email that he is not a target of the investigation and has not been contacted by authorities. Flynn's attorney Robert Kelner did not immediately respond to phone messages and emails seeking comment.

Trump administration writes Congress to officially trigger NAFTA renegotiation
The three countries have already sorted out a key issue, which is that future talks will be held on a trilateral basis. Last month, White House aides spread word that President Trump was ready to pull out of the agreement.

Foot Locker, Inc. (FL) SVP Sells 8000 Shares of Stock
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FL. Peters sold 25,000 shares of the company's stock in a transaction on Wednesday, March 8th.

Chaos at Florida airport after Spirit flights canceled
There are heated situations, and then there's the kind of chaos that has the police stepping in to break things up. Lauderdale Airport turned into a fight club on May 8, when Spirit Airlines canceled 11 flights at the same time .