Gap Inc (NYSE: GPS) has reported earnings for its fourth fiscal quarter (ending January 31) of $0.50 versus a loss $-0.75 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $1.36 compared to $-0.55 a year ago.
Recent Price Action
Gap Inc (NYSE: GPS) stock closed at $19.33 on 3/7/24 after an increase of 1.4%. Moreover, trading volume in this advance was exceptionally high at 344% of normal. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, GPS is expected to continue to be a major Value Builder.
Gap has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Gap has a slightly negative Appreciation Score of 32 but a very high Power Rating of 100, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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