GAP (GPS) Receiving Somewhat Favorable Media Coverage, Study Shows

News coverage about GAP (NYSE:GPS) has been trending somewhat positive this week, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. GAP earned a daily sentiment score of 0.76 on their scale. InfoTrie also gave media coverage about the apparel retailer an news buzz score of 3 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media stories that may have effected GAP’s score:

Shares of NYSE GPS opened at $25.81 on Friday. GAP has a 1-year low of $24.25 and a 1-year high of $35.68. The company has a quick ratio of 1.02, a current ratio of 1.96 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $9.49 billion, a PE ratio of 12.12, a P/E/G ratio of 1.06 and a beta of 0.71.

GAP (NYSE:GPS) last issued its earnings results on Tuesday, November 20th. The apparel retailer reported $0.69 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.01. The company had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $4 billion. GAP had a return on equity of 29.93% and a net margin of 5.57%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.58 earnings per share. On average, research analysts anticipate that GAP will post 2.57 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 30th. Investors of record on Wednesday, January 9th will be issued a $0.2425 dividend. This represents a $0.97 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date is Tuesday, January 8th. GAP’s dividend payout ratio is currently 45.54%.

GPS has been the subject of several research analyst reports. B. Riley dropped their price target on GAP from $35.00 to $33.00 and set a “neutral” rating for the company in a research note on Friday, August 24th. JPMorgan Chase & Co. dropped their price target on GAP from $32.00 to $30.00 and set a “neutral” rating for the company in a research note on Friday, August 24th. Wedbush initiated coverage on GAP in a research note on Friday, August 10th. They set a “neutral” rating and a $32.00 price target for the company. Goldman Sachs Group initiated coverage on GAP in a research note on Thursday, October 25th. They set a “neutral” rating and a $28.00 price target for the company. Finally, Barclays set a $39.00 price target on GAP and gave the stock a “buy” rating in a research note on Saturday, August 25th. Two research analysts have rated the stock with a sell rating, nineteen have given a hold rating and five have assigned a buy rating to the company’s stock. GAP currently has an average rating of “Hold” and an average target price of $31.39.

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About GAP

The Gap, Inc operates as an apparel retail company worldwide. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, and Intermix brands. Its products include denim, tees, button-downs, khakis, and other products; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities to women and girls.

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