GAP

The Gap, Inc.
GAP

$20.48

3.48%

Market Cap: $7.71B

About: Gap retails apparel, accessories, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,500 stores in North America, Europe, and Asia and franchises about 1,000 more in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.

Employees: 85,000

Consumer Discretionary Family Clothing Stores

0

Funds holding %

of 6,710 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

109% more first-time investments, than exits

New positions opened: 98 | Existing positions closed: 47

55% more call options, than puts

Call options by funds: $236M | Put options by funds: $152M

40% more repeat investments, than reductions

Existing positions increased: 177 | Existing positions reduced: 126

40% more funds holding in top 10

Funds holding in top 10: 5 [Q1] → 7 (+2) [Q2]

13% more funds holding

Funds holding: 405 [Q1] → 456 (+51) [Q2]

11% less capital invested

Capital invested by funds: $6.35B [Q1] → $5.64B (-$708M) [Q2]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$26

27%

upside

Avg. target

$28

35%

upside

High target

$29

42%

upside

3 analyst ratings

0 positive

0%

3 neutral

100%

0 negative

0%

Telsey Advisory Group Dana Telsey 40% 1-year accuracy 68 / 171 met price target	27%upside $26	Market Perform Maintained	30 Aug 2024
JP Morgan	37%upside $28	Neutral Maintained	30 Aug 2024
Telsey Advisory Group Dana Telsey 40% 1-year accuracy 68 / 171 met price target	42%upside $29	Market Perform Maintained	26 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 25 articles about GAP published over the past 30 days

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These retailers have been increasing same-store sales while improving their profit margins

14 retail stocks that are firing on all cylinders

Zacks Investment Research

Here's Why Gap (GAP) is a Strong Value Stock

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Gap (GAP) is a Strong Value Stock

The Gap: Rated Buy As I Expect Growth And Margins To Normalize

I give a buy rating for GAP, expecting sustained growth momentum and expanding earnings margins, driving valuation multiples higher. GAP's strong 2Q24 performance, driven by 3% comparable sales growth and solid execution, suggests potential for low-single-digit growth in the coming years. Management's prudent 3Q24 guidance may be conservative; potential upside exists if credit card revenue and Athleta's recovery exceed expectations.

The Gap: Rated Buy As I Expect Growth And Margins To Normalize

Associated Food Stores Bridges Technology Gap for Member Retailers With Birdzi's Customer Intelligence Platform

BRIDGEWATER, N.J.--(BUSINESS WIRE)--Birdzi, the supermarket industry's most comprehensive customer intelligence and engagement ecosystem, today announced that Associated Food Stores (AFS) has joined the company's rapidly scaling customer base. The prominent Intermountain West grocery wholesaler and cooperative will utilize Birdzi's advanced customer intelligence and engagement platform to provide personalized engagement and advanced customer insights across its corporate and independent member.

Associated Food Stores Bridges Technology Gap for Member Retailers With Birdzi's Customer Intelligence Platform

The Gap, Inc.: A Resilient Company Showing Fruits Of Turnaround Efforts

Gap, Inc. is poised for growth with new leadership and strategic changes, building on cost initiatives from 2022-2023 to drive sales and earnings growth. Key hires, including CEO Richard Dickson, are revitalizing brands, with a focus on brand image, cultural relevance, and cost/inventory efficiency, and are boosting sales and profit growth. My base case implies $1.91 NTM EPS and $2.24 FY25 EPS, with a conservative 13.5x P/E, implying price targets of $25.80 and $30.24, respectively.

The Gap, Inc.: A Resilient Company Showing Fruits Of Turnaround Efforts

Labor Day: 3 Stock Picks To Cash In On Consumer Confidence

Consumer confidence reached a six-month high in August, indicating a potential boost in consumer spending that could benefit the consumer discretionary sector in the coming months. Although the consumer discretionary sector offers lower dividend yields compared to other sectors, it presents opportunities for moderate dividend growth. SA Quant has identified 3 consumer discretionary stocks offering dividend yield. These stocks are backed by strong factor grades that result in a Quant “Strong Buy” rating.

Labor Day: 3 Stock Picks To Cash In On Consumer Confidence

Zacks Investment Research

Gap Q2 Earnings Beat Estimates, FY24 Margins View Raised

GAP's second-quarter fiscal 2024 results gain due to strength in brands and other strategic efforts.

Gap Q2 Earnings Beat Estimates, FY24 Margins View Raised

Proactive Investors

Gap raises forecasts after a bumper quarter

Gap Inc (NYSE:GPS) exceeded sales expectations in the second quarter and upgraded forecasts, signalling that changes implemented by new CEO Richard Dickson hitting the mark. For the quarter ending August 3, net sales increased by 5% year-over-year to $3.7 billion, with comparable sales across its brands, including Old Navy and Athleta, rising by 3%.

Gap raises forecasts after a bumper quarter

The Gap, Inc. (GAP) Q2 2024 Earnings Conference Call Transcript

The Gap, Inc. (NYSE:GAP ) Q2 2024 Earnings Conference Call August 29, 2024 5:00 PM ET Company Participants Whitney Notaro - Director, IR Richard Dickson - CEO Katrina O'Connell - CFO Conference Call Participants Robert Drbul - Guggenheim Alex Straton - Morgan Stanley Matthew Boss - JPMorgan Ike Boruchow - Wells Fargo Lorraine Hutchinson - Bank of America Adrienne Yih - Barclays Mark Altschwager - Baird Jonna Kim - TD Cowen Dana Telsey - Telsey Advisory Group Operator Good afternoon, ladies and gentlemen, I would like to welcome everyone to the Gap Inc. Second Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.

The Gap, Inc. (GAP) Q2 2024 Earnings Conference Call Transcript

CNBC Television

GAP CEO Richard Dickson sits down with Jim Cramer

GAP President and CEO Richard Dickson 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, and more.

GAP CEO Richard Dickson sits down with Jim Cramer

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