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The Gap, Inc. (NYSE:GPS – Get Rating) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 31,450,000 shares, an increase of 6.4% from the April 30th total of 29,560,000 shares. Based on an average trading volume of 9,140,000 shares, the […]
The Gap, Inc. (NYSE:GPS – Get Rating) – Research analysts at Telsey Advisory Group decreased their FY2024 earnings estimates for shares of GAP in a research report issued on Friday, May 26th. Telsey Advisory Group analyst D. Telsey now anticipates that the apparel retailer will earn $0.70 per share for the year, down from their […]
GAP (NYSE:GPS – Get Rating) had its target price decreased by Bank of America from $9.50 to $8.50 in a research note issued to investors on Friday morning, The Fly reports. Other research analysts also recently issued reports about the company. Robert W. Baird cut their target price on GAP from $12.00 to $10.00 in […]
GAP (NYSE:GPS – Get Rating) announced its earnings results on Thursday. The apparel retailer reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.17, Briefing.com reports. The business had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $3.28 billion. GAP had a positive return on equity […]
Shares of The Gap, Inc. (NYSE:GPS – Get Rating) saw unusually-high trading volume on Friday after the company announced better than expected quarterly earnings. Approximately 7,471,768 shares changed hands during mid-day trading, a decline of 11% from the previous session’s volume of 8,403,087 shares.The stock last traded at $8.29 and had previously closed at $7.42. […]