Gap Inc Sentiment Increases on Better Stock Potential

April 26, 2018 - By Nellie Frank

The Gap, Inc. (NYSE:GPS) Logo

Sentiment for Gap Inc (NYSE:GPS)

Gap Inc (NYSE:GPS) institutional sentiment increased to 0.98 in Q4 2017. Its up 0.02, from 0.96 in 2017Q3. The ratio has improved, as 186 funds increased and opened new stock positions, while 190 reduced and sold their equity positions in Gap Inc. The funds in our partner’s database now own: 208.71 million shares, up from 204.26 million shares in 2017Q3. Also, the number of funds holding Gap Inc in their top 10 stock positions increased from 3 to 8 for an increase of 5. Sold All: 37 Reduced: 153 Increased: 113 New Position: 73.

The Gap, Inc. operates as an apparel retail firm worldwide. The company has market cap of $. 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 currently has negative earnings. The companyÂ’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.

The stock increased 0.28% or $0.09 during the last trading session, reaching $30. About 1.97 million shares traded. The Gap, Inc. (NYSE:GPS) has risen 31.10% since April 26, 2017 and is uptrending. It has outperformed by 19.55% the S&P500.

Analysts await The Gap, Inc. (NYSE:GPS) to report earnings on May, 17. They expect $0.46 earnings per share, up 27.78 % or $0.10 from last year’s $0.36 per share. After $0.61 actual earnings per share reported by The Gap, Inc. for the previous quarter, Wall Street now forecasts -24.59 % negative EPS growth.

Hall Kathryn A. holds 97.04% of its portfolio in The Gap, Inc. for 3.39 million shares. Venator Capital Management Ltd. owns 117,235 shares or 3.41% of their US portfolio. Moreover, Gyroscope Capital Management Group Llc has 3.12% invested in the company for 200,465 shares. The California-based Harvest Capital Strategies Llc has invested 2.66% in the stock. American International Group Inc, a New York-based fund reported 17.74 million shares.

Since January 1, 0001, it had 1 insider buy, and 11 sales for $57.85 million activity.

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

Ratings analysis reveals 12% of Gap’s analysts are positive. Out of 17 Wall Street analysts rating Gap, 2 give it “Buy”, 1 “Sell” rating, while 14 recommend “Hold”. The lowest target is $3 while the high is $48.0. The stock’s average target of $31.44 is 4.80% above today’s ($30) share price. GPS was included in 36 notes of analysts from October 30, 2017. The firm has “Hold” rating by Robert W. Baird given on Monday, October 30. The rating was maintained by Cowen & Co on Thursday, March 1 with “Hold”. The rating was maintained by Barclays Capital on Thursday, January 25 with “Overweight”. FBR Capital maintained The Gap, Inc. (NYSE:GPS) rating on Friday, March 2. FBR Capital has “Hold” rating and $35.0 target. As per Friday, November 17, the company rating was maintained by Deutsche Bank. The firm has “Overweight” rating by KeyBanc Capital Markets given on Friday, November 17. Barclays Capital maintained The Gap, Inc. (NYSE:GPS) on Friday, March 2 with “Overweight” rating. Robert W. Baird maintained it with “Neutral” rating and $35 target in Friday, March 2 report. RBC Capital Markets maintained the shares of GPS in report on Thursday, March 1 with “Hold” rating. The firm has “Neutral” rating by Nomura given on Monday, March 5.

The Gap, Inc. (NYSE:GPS) Institutional Positions Chart

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