Earnings Announcement is near for The Gap, Inc. (NYSE:GPS)


The Gap, Inc. (NYSE:GPS) moved down -1.35% and closed its last trading session at $24.06. This Retail-Wholesale Sector stock currently has the Market Capitalization of 9.44 Billion. The Average Volume for the stock is measured as 6.54 Million. The Stock has a 52-Week High of $30.74 and 52-Week Low of $17 following the dates, it touched its 52-Week High on Nov 17, 2016 and 52-Week Low on May 19, 2016. Currently, the Return on Assets value for the trailing twelve months is 8.7% with the Return on Equity and Return on Investment of 25.9% and 22.8% respectively. This firm currently has YTD (year to date) performance of 7.22 Percent which is awesome. The Short Ratio for the stock is 4.13.

The Gap, Inc. (NYSE:GPS) Price to Earnings (P/E) ratio is 14.39. EPS or Earning per Share stands at $1.67. The TTM operating margin is 8 percent.

The Gap, Inc. (NYSE:GPS) reports its Earnings on Thu 23 Feb (In 7 Days). The estimated EPS for the current quarter is said to be $0.51. Following Earnings result, share price were UP 14 times out of last 27 Qtrs. The stock has reduced about -19.8% since it reported its last earnings. The Closing price of The Gap, Inc. (NYSE:GPS) at Last Earnings was $30.4 as compared to the previous closing price of $24.39. The Predicted Move on the 7th day after The Gap, Inc. (NYSE:GPS) will release its earnings at about 4%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, The Gap, Inc. (NYSE:GPS) beats earnings by 41%, The Stock Missed Earnings  1 times and has met earnings  6  times.

Earnings History:

We will discuss the past Quarters Earnings below:

The Gap, Inc. (NYSE:GPS) reported its previous quarter on 11/17/2016 where it reported the Actual Earnings of $0.6. The Closing price before the company posted its earnings was $30.4. The Stock declined on the very next day of earnings and maintained its stock price at $25.35 by showing a % change of -16.61 percent from its previous closing price. The Next Day Volume after Earnings was reported as 31.94 Million. On the 7th day After Earnings Report, the stock hit its share price as $25.31 by showing -16.74% decrease from the Stock price Before Earnings were reported.

On 08/18/2016, the stock reported the EPS of $0.6 where Analysts were projecting the EPS to be $0.59 showing a difference of $0.01. Thus Surprise Factor was there with 1.7 percent. Before Earnings Announcement on 08/18/2016, the firm had its stock price of $25.35. And immediately on the next day after earnings announcement, the stock inclined 3.91% and closed its trading session at $26.34. On 7th Day after earnings release, The Gap, Inc. (NYSE:GPS) surged to 1.97% from $25.35 to $25.85.

On 05/19/2016, Analysts were suspecting EPS of $0.32/share where The Gap, Inc. (NYSE:GPS) reported its Actual EPS of $0.32. Thus showing a Surprise of 0 percent. The Closing Price of the stock before earnings was $16.75 while on the Next day the stock closed its trading session at $17.45 with a percentage change of 4.18% from the price of 16.75 before Earnings. The Stock Closing Price on the 7th day of earnings was $17.5.

Company Profile:

The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. The company provides apparel, eyewear, jewelry, shoes, handbags, and fragrances; and performance and lifestyle apparel for use in yoga, strength training, and running, as well as seasonal sports, including skiing and tennis. The Gap, Inc. offers its products through company-operated stores, franchise stores, Websites, e-commerce and social media sites, and catalogs. The company has franchise agreements with unaffiliated franchisees to operate Gap, Banana Republic, and Old Navy stores in Asia, Australia, Europe, Latin America, the Middle East, and Africa. As of November 17, 2016, it operated 3,300 company-operated stores and 450 franchise stores. The company was founded in 1969 and is headquartered in San Francisco, California.