Opinion

Analysts Advise About The Gap, Inc. (NYSE:GPS)

The Gap, Inc. (NYSE:GPS) stock is presently standing at about $23.54 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 27 analysts covering the company is $25.00, which suggests the stock could still rise over 6 percent. The highest analyst price target is $34.00, which implies a rally of 56 percent. And a quick view of analyst notes show that 1 are rating the stock a buy while 2 rate GPS a strong buy. There are 20 equity research firms advocating a Hold and 1 consider it Sell.

Piper Jaffray analysts provided their view on The Gap, Inc. (NYSE:GPS) recently. The rating firm issued a Neutral rating to this company in a research note released on Nov 28, 2016. Citigroup analysts disclosed their opinion on The Gap, Inc. (NYSE:GPS) recently. The rating firm gave a Sell rating to this stock in a research note published on Nov 18, 2016. According to a research note disclosed on Aug 09, 2016, analysts at Mizuho have upped their rating on these shares from Underperform to Neutral.

The Gap, Inc. (NYSE:GPS) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Global Pres., Banana Republic Owen Andi sold 38,278 company shares for 917520, in a transaction on 2017-02-09. Following the transaction, the Global Pres., Banana Republic is left with a stake of 0 shares, currently valued at $0. Meanwhile, President Kirwan Jeff sold 11,406 shares worth $289480, through a transaction dated 2016-11-21. Following the completion of the transaction, the insider is left with a stake of 8,763 shares, amounting $206281.02. GPS EVP, CIO Chapman Paul Joseph also sold 6,764 shares, at a stock price of $24.99. This transaction occurred on 2016-11-21 totals $169030. After this transaction, the insider’s stake stands at 0 shares, with a market value of $0.

Executives hold 12.23 percent of the stock. Fisher John J is one of the biggest insider owners in The Gap, Inc. (NYSE:GPS), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 15,722,778 shares which have current market value of around $370114194.12.William S. Fisher is another major inside shareholder in the company. The insider owns 11,830,446 shares as of 2.97%, currently worth $278488698.84. Doris F. Fisher is ranked as third insider holder of the stock. This insider holds 10,564,349 shares with a market value around $248684775.46 as of recent close.

The Gap, Inc. (NYSE:GPS) Earnings Outlook

In The Gap, Inc. (NYSE:GPS)’s latest quarter, EPS moved to $0.51 from $0.60 in preceding quarter and revenues reached at $4,429.00M compared to $3,798.00M. Analysts had expected The Gap, Inc. (NYSE:GPS) to post net income of about $0.51 per share on $4,394.54M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.21 to $0.31. That is compared with the $0.32 in EPS it reported during the same period a year ago.

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