Gap +4.5% as Old Navy leads surprise rise in same-store sales
- Author: Zachary Reyes May 19, 2017,
May 19, 2017, 21:07
3,734,158 shares of the company's stock traded hands.
Beta is also an important valuation ratio for analyzing the stock of the company, Global Positioning System has Beta of 0.88 while its industry and Sector's beta remains at 1.48 and 1.33 respectively. Adage Capital Partners GP L.L.C. purchased a new position in shares of Gap during the third quarter worth $7,204,000. (GPS) is at 41.81. It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment.
Basically, a price target is an individual analyst's projection on the future price of a stock. Gap has an average rating of Hold and a consensus target price of $25.74. They now have a Dollars 22 price target on the stock.
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, Global Positioning System earned gross profit of 6.29 Billion, in 2015 5.75 Billion gross profit, while in 2016 The Gap, Inc.
Snap Inc. (NYSE:SNAP) closed at $19.90 a share in the latest session and the stock value rose nearly -18.71% since the beginning of this year. Company insiders own 30.00% of the company's stock. Taking a step further, investors can also look to a firm's price to earnings growth or PEG ratio. (GPS) is 0.51 while the analysts predicted the EPS of the stock to be 0.51 suggesting the company fell short of the analysts' expectations. EPS long term mean growth rate estimated by 28 analysts is at 2.04%, whereas, the high and low Long term growth rate estimated at 2.3 and 1.77.
Coming to Gap's shareholder-friendly moves, the company paid first-quarter dividend of 23 cents per share and bought back 4.2 million shares for $100 million in the fiscal first quarter. The stock has slipped -11.90% in the past week and plunged -11.90% in the last 4 weeks, historically the stock illustrate that its six months performance stands at -20.21% while its year to date performance is at 5.95%.
Revenue was flat at $3.44 billion. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.
Shares of Gap Inc. rallied in Thursday's extended session after the retailer posted better-than-expected quarterly results.
Revenue was flat at $3.44 billion. Over the last three months, the shares of the company have changed 2.58% and performed -13.73% over the last six months.
The average true range (ATR) was fashioned to allow traders to more precisely evaluate the daily volatility of an asset by using straightforward calculations. Moving averages can be very helpful for identifying peaks and troughs. Angled up and price is moving up (or was recently) overall, angled down and price is moving down overall, moving sideways and the price is likely in a range. The stock's price moved up its 200-day moving average of $17.96. The stock touched 52-week High of $30.14 on 11/17/16 and 52-week Low of $16.32 on 05/19/16. Similarly, the company's last 5 years high P/E ratio is 14.36 and low P/E is 11.1, whereas, the industry's and sector's high P/E for the past year is 112.72 and 32.09 respectively and low P/E ratio for the last 5 years is 24.37 for the industry and 14.68 for the Sector. On Friday, November 18 the stock rating was downgraded by Citigroup to "Sell".
Among 18 analysts covering Boeing (NYSE:BA), 8 have Buy rating, 5 Sell and 5 Hold.
Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
The Gap, Inc. was covered by a number of analysts recently, 2 rated the stock as Buy, 20 rated Hold, 3 rated sell and 3 gave an Underperform.
The company's same-store sales rose 2 per cent in the latest quarter. They are projecting Next Quarter growth of -6.7%.