Alert: New Earnings Report (11/21/24)-Gap Inc (NYSE: GAP).

out_logo_500#08109.jpg

Gap Inc (NYSE: GAP) has reported E.P.S. of $0.73 for its third fiscal quarter (ending October 31) versus $0.59 for the same period a year ago — an increase of 24%. For the latest four quarters through October 31, E.P.S. were $2.20 compared to $0.11 a year ago — an increase of 1900%.

Recent Price Action

out_mm#08109.jpg
Gap Inc (NYSE: GAP) stock enjoyed a very large increase of 6.9% on 11/21/24. The shares closed at $22.04. Moreover, this advance was accompanied by exceptionally high trading volume at 394% of normal. The stock has performed in line with the market over the last nine months and has declined -1.3% during the last week.

Current PriceTarget Research Rating

Gap has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Gap has a slightly negative Appreciation Score of 33 and a neutral Power Rating of 54, leading to the Low 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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*