B. Riley set a $25.00 price objective on Gap, Inc. (The) (NYSE:GPS) in a research note issued to investors on Friday. The firm currently has a hold rating on the apparel retailer’s stock. B. Riley also issued estimates for Gap, Inc. (The)’s FY2019 earnings at $2.12 EPS.

Other equities analysts have also recently issued reports about the company. Jefferies Group LLC set a $35.00 price target on Gap, Inc. (The) and gave the stock a buy rating in a report on Wednesday, August 16th. Zacks Investment Research upgraded Gap, Inc. (The) from a hold rating to a buy rating and set a $25.00 price target on the stock in a report on Friday, August 18th. Oppenheimer Holdings, Inc. set a $28.00 price target on Gap, Inc. (The) and gave the stock a buy rating in a report on Thursday, August 17th. ValuEngine upgraded Gap, Inc. (The) from a hold rating to a buy rating in a report on Thursday, September 7th. Finally, KeyCorp restated a buy rating and set a $33.00 price target on shares of Gap, Inc. (The) in a report on Tuesday, September 26th. Four analysts have rated the stock with a sell rating, twenty-three have given a hold rating and seven have assigned a buy rating to the stock. Gap, Inc. (The) has a consensus rating of Hold and an average price target of $27.51.

Shares of Gap, Inc. (GPS) opened at $29.40 on Friday. Gap, Inc. has a twelve month low of $21.02 and a twelve month high of $30.14. The company has a market capitalization of $11,530.00, a P/E ratio of 14.48, a P/E/G ratio of 1.77 and a beta of 0.86. The company has a quick ratio of 0.77, a current ratio of 1.73 and a debt-to-equity ratio of 0.41.

Gap, Inc. (The) (NYSE:GPS) last announced its earnings results on Thursday, November 16th. The apparel retailer reported $0.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.03. Gap, Inc. (The) had a return on equity of 27.47% and a net margin of 5.57%. The business had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same period in the prior year, the business posted $0.60 earnings per share. The firm’s revenue was up 1.1% on a year-over-year basis. equities analysts predict that Gap, Inc. will post 2.08 EPS for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 3rd will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, January 2nd. Gap, Inc. (The)’s dividend payout ratio (DPR) is currently 42.20%.

In other Gap, Inc. (The) news, CEO Sonia Syngal sold 1,935 shares of the firm’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $25.79, for a total value of $49,903.65. Following the completion of the transaction, the chief executive officer now owns 39,656 shares in the company, valued at approximately $1,022,728.24. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Paul Joseph Chapman sold 4,898 shares of the firm’s stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $22.82, for a total value of $111,772.36. The disclosure for this sale can be found here. In the last 90 days, insiders sold 676,682 shares of company stock valued at $18,906,180. 27.30% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Gap, Inc. (The) by 0.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,354 shares of the apparel retailer’s stock worth $360,000 after purchasing an additional 80 shares during the period. Louisiana State Employees Retirement System boosted its stake in Gap, Inc. (The) by 1.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the apparel retailer’s stock worth $301,000 after purchasing an additional 200 shares during the period. State Treasurer State of Michigan boosted its stake in Gap, Inc. (The) by 0.4% in the 2nd quarter. State Treasurer State of Michigan now owns 72,346 shares of the apparel retailer’s stock worth $1,591,000 after purchasing an additional 300 shares during the period. State of Alaska Department of Revenue boosted its stake in Gap, Inc. (The) by 2.1% in the 2nd quarter. State of Alaska Department of Revenue now owns 18,320 shares of the apparel retailer’s stock worth $402,000 after purchasing an additional 380 shares during the period. Finally, Morningstar Investment Services LLC boosted its stake in Gap, Inc. (The) by 2.0% in the 2nd quarter. Morningstar Investment Services LLC now owns 21,998 shares of the apparel retailer’s stock worth $484,000 after purchasing an additional 424 shares during the period. Institutional investors and hedge funds own 57.67% of the company’s stock.

Gap, Inc. (The) Company Profile

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.

Analyst Recommendations for Gap, Inc. (The) (NYSE:GPS)

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