Gap, Inc. (GPS) Tops Q2 EPS by 1c; Guides FY16 EPS Below Views
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Credit Suisse Raises price Target on Gap, Inc. (GPS) to $22 Following 2Q Report
August 19, 2016 11:43 AM EDTCredit Suisse maintained an Underperform rating on Gap, Inc. (NYSE: GPS), and raised the price target to $22.00 (from $21.00), following the company's 2Q earnings report.
Analyst C. Buss commented, "We are adjusting estimates following 2Q results given 1) volatile demand trends across all 3 concepts on a... More
FBR Capital Reiterates Market Perform on Gap, Inc. (GPS) Following 2Q Beat
August 19, 2016 10:55 AM EDTFBR Capital reiterated a Market Perform rating and $22.00 price target on Gap, Inc. (NYSE: GPS) following the company's 2Q earnings report. The company reported EPS of $0.60, ahead of the consensus estimates $0.58, slightly above the $0.58$0.59 EPS guidance. Management guided 2016 EPS to $1.87$1.92, in line with what management had indicated as achievable,... More
Jefferies Raises Price Target on Gap, Inc. (GPS) to $30; Reiterates Buy
August 19, 2016 9:50 AM EDTJefferies reiterated a Buy rating on Gap, Inc. (NYSE: GPS), and raised the price target to $30.00 (from $26.00), following the company's 2Q earnings report. Management guided FY'17 EPS to $1.87-$1.92 (versus the Street of $1.95). Despite the recent improvement in topline trends, management noted that the outlook... More
Cowen Reiterates Market Perform on Gap, Inc. (GPS) Flowing 2Q Report
August 19, 2016 7:36 AM EDTCowen reiterated a Market Perform rating and $25.00 price target on Gap, Inc. (NYSE: GPS) following the company's 2Q earnings report. GPS reported adjusted EPS of $0.60 vs. the Street at $0.59 and management's guidance of $0.58-$0.59. Management updated their FY16 EPS guide and is... More
Stifel Says Strength in Old Navy Not Enough to Offset Other Weakness at Gap (GPS); Affirms at 'Hold'
August 19, 2016 6:02 AM EDTStifel affirms its Hold rating on Gap (NYSE: GPS) following the retailer's Q2 report late Thursday.
Analyst Richard Jaffe noted that Gap's EPS of $0.60 came in 1 cent above its recent outlook of $0.58 - $0.59.
Jaffe also offered the following commentary:
Gap fell short in 2Q with negative comp sales and flat margins versus an easy comparison in the... More
Gap (GPS) August volatility increases into Q2 and outlook
August 18, 2016 1:23 PM EDTGap, Inc. (NYSE: GPS) August call option implied volatility is at 114, September is at 42; compared to its 52-week range of 26 to 52 into the expected release of Q2 results today.
... MoreStocks with Implied Volatility Movement
August 18, 2016 4:10 AM EDTGap, Inc. (NYSE: GPS) implied volatility at upper end of index mean range
... More
