Zacks Short Term Rating on Gap, Inc. (The) (NYSE:GPS)

Stifel Nicolaus reaffirmed their buy rating on shares of Gap (NYSE:GPS) in a resaerch note published onTuesday, MarketBeat reports. “The company is also trying to overhaul its fashions to make them more appealing to shoppers”. It now expects the gross margin to decline by 90 basis points and the EPS to be reported at $0.64. (The) (NYSE:GPS) which led to swings in the share price. The stock was sold at an average price of $38.25, for a total transaction of $286,875.00.

Research firm Zacks has rated Gap, Inc. The Gap, Inc. has dropped 11.39% during the last 3-month period. On September 4, 2014 The shares registered one year high of $46.85 and one year low was seen on August 6, 2015 at $34.32. The shares have received a hold rating based on the suggestion from 18 analysts in latest recommendations.

Analysts surveyed by Thomson Reuters had forecast earnings of $0.65 per share on revenue of $3.97 billion for the quarter.

The most bullish outlook for the stock is given by Dorothy S Lakner of Topeka Capital Markets Inc, with a target price of $50 and a Buy rating.

In a research note to investors, Cantor Fitzgerald Reiterated Rating on Gap, Inc. The company has a 50-day moving average price of $37.14 and a 200 day moving average price of $39.65. (The), the company reported earnings per share of $0.56 for the quarter ending on 2015-01-31.

In June, Gap announced plans to close about a quarter of its namesake stores in North America, the second major round of cuts in four years as the company struggles to rehabilitate the brand. Analysts anticipate that Gap will post $2.76 EPS for the current year. Stockholders of record on Wednesday, July 8th were paid a $0.23 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.92 annualized dividend and a dividend yield of 2.60%.

Shares were unchanged in after-hour trading, after rising 37 cents to $35.26 in regular trading on Monday. Company shares. In the past six months, there is a change of -1.14% in the total insider ownership.

The Gap, Inc.is a clothes retail company.

Coming to the sales results, the company’s comparable-store sales (comps) for July went down 3% owing to a decline in comps at both Gap and Banana Republic brands, partially offset by growth in Old Navy. Along with operating in the forte, factory outlet, on-line and franchise stations, Gap Inc.is an apparel retailer in using omni-channel capabilities for digital world and physical shops. Gap comprises babyGap, GapKids, GapMaternity, GapBody and collections that are GapFit. Additionally, it offers handbags, shoes, jewelry, eyewear and personal care products, amongst others. It has Business-operated stores in the U.S., Canada, Great Britain, France, Ireland, Japan, Italy, China and Hong Kong. Gap Inc. offers apparel, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brands.