Gap Q1 earnings rise to 0.36 dollar, reaffirms FY17 outlook

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

Many analysts are providing their Estimated Earnings analysis for The Gap, Inc. and for the current quarter 26 analysts have projected that the stock could give an Average Earnings estimate of $0.29/share. Sei Investments holds 0.03% of its portfolio in Gap Inc (NYSE:GPS) for 243,261 shares. Covering analysts issue reports which often provide stock target prices. Zacks Investment Research raised Gap from a "hold" rating to a "buy" rating and set a $27.00 target price on the stock in a report on Wednesday, January 25th.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Wolfe Research restated an "outperform" rating and issued a $32.00 price objective on shares of Gap in a research report on Friday, April 28th. Three analysts have rated the stock with a sell rating, twenty-three have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. However the indicator does not specify the price direction, rather it is used first and foremost to measure volatility caused by gaps and limit up or down moves.

Currently Gap Inc (NYSE:GPS)'s shares owned by insiders are 7.3%, whereas shares owned by institutional owners are 56.8%. (GPS) now has a value of $24.59 while the company's 52 week low is at $16.32, the shares dropped to the 52 week low on 05/19/16. The company has market cap of $9.86 billion. The stock's 50-day moving average is $25.02 and its 200-day moving average is $24.75. Gap also was the recipient of some unusual options trading on Thursday.

Several other large investors also recently made changes to their positions in the stock. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Meanwhile, net sales for the quarter were flat at $3.44bn. The Return on Equity ratio of The Gap, Inc.

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Taking a broader look brokerage firms' analysts on the street with an expectant view have Gap Inc (NYSE:GPS) high price target of $34 and with a conservative view have low price target of $20. They expect $0.29 earnings per share, down 9.38% or $0.03 from last year's $0.32 per share. In taking a peek at the stock and where it might be headed, brokerage firms on Wall Street now have a consensus twelve months price target of $25.00 on the shares according to 24 analysts.

On 5/18/2016 announced a quarterly dividend of $0.23 5.32% with an ex dividend date of 7/1/2016 which will be payable on 7/6/2016.

Dividends is a reward scheme, that a company presents to its shareholders. Gap's payout ratio is now 55.09%. For The Gap, Inc. Also, Director Robert J. Fisher sold 500,000 shares of Gap stock in a transaction on Friday, March 31st. The sale was disclosed in a legal filing with the SEC, which is available through this link. Year to Date performance value (YTD perf) value is 5.95%. During its last trading session, Stock traded with the total exchanged volume of 7.15 million shares. Following the transaction, the chief executive officer now directly owns 29,548 shares in the company, valued at approximately $735,154.24. The disclosure for this sale can be found here. Earnings per share serves as an indicator of a company's profitability.

Gap (NYSE:GPS) last released its quarterly earnings data on Thursday, May 18th. If you are accessing this piece on another site, it was stolen and republished in violation of worldwide copyright & trademark laws. 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.

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