The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Gap Inc (NYSE:GPS) was the target of unusually large options trading activity on Monday. Euclidean Technology Management Ltd Company has invested 1.92% in Gap Inc (NYSE:GPS). Market capitalization (market cap) is the total dollar market value of all of a company's outstanding shares. The stock has a 50 day moving average of $24.97 and a 200-day moving average of $24.74. Gap also saw some unusual options trading on Thursday. (NYSE:GPS) puts the stock on today's active list. This is an increase of approximately 331% compared to the average daily volume of 110 put options.
Gap's report added a bit more good news to a day that saw retail giant Wal-Mart also post a good earnings report. The Return on Equity ratio of The Gap, Inc.
The company's expected revenue in the current quarter to be 3.8 Billion, seeing a projected current quarter growth of -6.7%, and per annum growth estimates over the next 5 year period of around 6.71%. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. The apparel retailer reported $0.36 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.07. The analysts estimated EPS for the higher end at 0.59 and lower end at 0.52 while the year ago reported earnings per share was 0.51.
The stock decreased 3.82% or $0.25 during the last trading session, reaching $6.3. Gap's dividend payout ratio is 55.09%.
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Gap Inc (NYSE:GPS)'s trailing twelve month revenues are $15.52 Billion, whereas its price to sales ratio for the same period is 0.61. Private Advisor Group LLC now owns 10,547 shares of the apparel retailer's stock worth $250,000 after buying an additional 1,378 shares in the last quarter.More news: Senators chase Fleury, rout Penguins 5-1 in Game 3
03/08/2017 - Guggenheim began new coverage on Gap, Inc. The stock has "Market Perform" rating by FBR Capital on Tuesday, September 1.
The company's shares were up 4.5 per cent at US$24.24 in after-market trading on Thursday. Finally, TheStreet raised shares of Gap from a "c" rating to a "b-" rating in a report on Thursday, April 20th.
Based on the latest notes released to investors, 2 analysts have issued a rating of "buy", 1 analysts "outperform", 20 analysts "hold", 3 analysts "underperform" and 3 analysts "sell". Finally, Wedbush boosted their price objective on shares of Gap from $26.00 to $27.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 7th.
Several equities research analysts have recently commented on the stock.
Shares of Gap climbed as much as almost 6% in after-market trading. ARP Americas LLC bought a new stake in shares of Gap during the fourth quarter valued at approximately $227,000. The correct version of this article can be viewed at https://baseballnewssource.com/markets/xact-kapitalforvaltning-ab-has-664000-position-in-gap-inc-gps/798207.html.
During last 5 trades the stock sticks nearly -6.89%.
Earlier in the day, Ralph Lauren Corp reported its ninth straight fall in quarterly sales at established stores, and on Wednesday American Eagle Outfitters Inc forecast second-quarter profit below estimates.