News headlines about GAP (NYSE:GPS) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. GAP earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news articles about the apparel retailer an impact score of 44.9918222789761 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- What Gap and J. Crew Can Learn From the Grocery Aisle (finance.yahoo.com)
- Who’s up and who’s down on our list of San Francisco’s largest private employers (finance.yahoo.com)
- Mechanics Bank’s Dan Aguilar Elected to Petaluma Gap Winegrowers Alliance Board of Directors (markets.financialcontent.com)
- Stock Bounced Back — The Gap, Inc. (NYSE:GPS) – The Stock Street (press release) (thestreetpoint.com)
- Putting the Heat on Comstock Holding Companies, Inc. (CHCI), The Gap, Inc. (GPS) – Market Movers (financialqz.com)
Shares of GAP (NYSE GPS) traded down $0.43 during trading on Thursday, hitting $32.74. The stock had a trading volume of 5,630,009 shares, compared to its average volume of 4,919,033. GAP has a 1-year low of $21.02 and a 1-year high of $35.24. The firm has a market capitalization of $12,730.00, a P/E ratio of 15.02, a PEG ratio of 2.02 and a beta of 0.94. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.77 and a current ratio of 1.73.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 3rd will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Tuesday, January 2nd. GAP’s payout ratio is 42.20%.
GPS has been the subject of several research reports. Zacks Investment Research raised GAP from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research report on Thursday, September 21st. Jefferies Group reaffirmed a “buy” rating and issued a $39.00 target price (up from $35.00) on shares of GAP in a research report on Thursday, September 7th. ValuEngine raised GAP from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. KeyCorp reaffirmed a “buy” rating and issued a $33.00 target price on shares of GAP in a research report on Tuesday, September 26th. Finally, Oppenheimer set a $33.00 target price on GAP and gave the company a “buy” rating in a research report on Monday, October 30th. Three analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $28.37.
In related news, CEO Jeff Kirwan sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $26.11, for a total transaction of $26,110.00. Following the completion of the sale, the chief executive officer now owns 24,268 shares in the company, valued at $633,637.48. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Julie Gruber sold 5,462 shares of the business’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $35.00, for a total value of $191,170.00. Following the sale, the executive vice president now owns 11,988 shares of the company’s stock, valued at approximately $419,580. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,549,690 shares of company stock valued at $48,798,813. 27.30% of the stock is owned by company insiders.
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GAP 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.
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