Alert: New Earnings Report (11/16/23)-Gap Inc (NYSE: GPS).


Gap Inc (NYSE: GPS) has reported E.P.S. of $0.59 for its third fiscal quarter (ending October 31) versus $0.77 for the same period a year ago — a decline of -23%. E.P.S. were $0.11 for the latest four quarters through October 31 versus $0.15 for the same period a year ago — a decline of -27%.


Recent Price Action

On 11/16/23, Gap Inc (NYSE: GPS) stock suffered a large decline of -2.8%, closing at $13.67. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.1% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, GPS is expected to continue to be an important Value Builder.

Gap has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Gap has a poor Appreciation Score of 25 but a very high Power Rating of 88, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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