$0.58 EPS Expected for The Gap, Inc. (GPS)

February 16, 2018 - By Darrin Black

 $0.58 EPS Expected for The Gap, Inc. (GPS)
Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.21, from 1.17 in 2017Q2. It is negative, as 44 investors sold The Gap, Inc. shares while 144 reduced holdings. 60 funds opened positions while 120 raised stakes. 204.26 million shares or 4.13% less from 213.05 million shares in 2017Q2 were reported.
Louisiana State Employees Retirement, Louisiana-based fund reported 13,700 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 0.53% in The Gap, Inc. (NYSE:GPS). The Texas-based Maverick Cap has invested 0.06% in The Gap, Inc. (NYSE:GPS). Nordea Invest Mngmt Ab accumulated 12,498 shares. Pacad Invest Ltd, a British Columbia – Canada-based fund reported 3,200 shares. Gulf Interest Bank (Uk) Limited reported 75,413 shares stake. Gateway Inv Advisers Ltd Com holds 0.07% of its portfolio in The Gap, Inc. (NYSE:GPS) for 261,528 shares. James Investment Incorporated holds 0.08% in The Gap, Inc. (NYSE:GPS) or 78,452 shares. Moreover, Barclays Public Ltd has 0.02% invested in The Gap, Inc. (NYSE:GPS). Brinker Incorporated holds 31,463 shares or 0.04% of its portfolio. Shell Asset reported 39,448 shares. Frontfour Capital Gp Limited Liability Corporation has invested 0.24% in The Gap, Inc. (NYSE:GPS). Wolverine Asset Mngmt Ltd Llc stated it has 0% of its portfolio in The Gap, Inc. (NYSE:GPS). Bluemountain Capital Mgmt Ltd Llc has 0.19% invested in The Gap, Inc. (NYSE:GPS) for 306,635 shares. 38,250 are held by Gam Hldg Ag.

Since August 22, 2017, it had 0 buys, and 6 selling transactions for $19.07 million activity. Syngal Sonia sold $49,906 worth of stock. 4,898 shares were sold by Chapman Paul Joseph, worth $111,769. 1,000 shares valued at $23,910 were sold by Kirwan Jeff on Friday, September 1. $18.67M worth of The Gap, Inc. (NYSE:GPS) was sold by FISHER WILLIAM SYDNEY on Tuesday, September 19.

Analysts expect The Gap, Inc. (NYSE:GPS) to report $0.58 EPS on February, 22.They anticipate $0.07 EPS change or 13.73 % from last quarter’s $0.51 EPS. GPS’s profit would be $225.53M giving it 14.57 P/E if the $0.58 EPS is correct. After having $0.58 EPS previously, The Gap, Inc.’s analysts see 0.00 % EPS growth. The stock increased 1.41% or $0.47 during the last trading session, reaching $33.8. About 507,402 shares traded. The Gap, Inc. (NYSE:GPS) has risen 28.94% since February 16, 2017 and is uptrending. It has outperformed by 12.24% the S&P500.

The Gap, Inc. (NYSE:GPS) Ratings Coverage

Among 33 analysts covering The Gap Inc. (NYSE:GPS), 5 have Buy rating, 4 Sell and 24 Hold. Therefore 15% are positive. The Gap Inc. had 160 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, October 9, the company rating was maintained by Topeka Capital Markets. FBR Capital maintained the shares of GPS in report on Friday, May 20 with “Mkt Perform” rating. The stock of The Gap, Inc. (NYSE:GPS) has “Hold” rating given on Thursday, November 16 by SunTrust. The stock of The Gap, Inc. (NYSE:GPS) has “Overweight” rating given on Thursday, January 25 by Barclays Capital. The stock of The Gap, Inc. (NYSE:GPS) earned “Buy” rating by Stifel Nicolaus on Saturday, September 5. On Monday, May 1 the stock rating was maintained by Wolfe Research with “Outperform”. Wolfe Research maintained the shares of GPS in report on Friday, October 9 with “Underperform” rating. Cantor Fitzgerald maintained The Gap, Inc. (NYSE:GPS) rating on Friday, December 4. Cantor Fitzgerald has “Hold” rating and $26 target. Wedbush maintained it with “Neutral” rating and $26 target in Friday, November 18 report. The firm earned “Hold” rating on Monday, September 18 by RBC Capital Markets.

The Gap, Inc. operates as an apparel retail firm worldwide. The company has market cap of $13.14 billion. It provides apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. It has a 15.58 P/E ratio. The company's products include denim, tees, button-downs, khakis, and other products; and fitness and lifestyle products for use in yoga, training, and sports to women and girls.

More news for The Gap, Inc. (NYSE:GPS) were recently published by: Seekingalpha.com, which released: “Gap: Maintain $40 Target” on January 22, 2018. Marketwatch.com‘s article titled: “Amazon’s new denim brands could hit Gap, Nordstrom, VFC Corp.” and published on February 08, 2018 is yet another important article.

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