Core Viewpoint - Barclays has set a price target of $30 for Gap Inc., indicating a potential increase of 24.22% from its current price of $24.15 [1][5] Financial Performance - Gap has a strong history of surpassing earnings estimates, with an average earnings surprise of 9.77% over the past two quarters [2][5] - In the most recent quarter, Gap reported earnings of $0.57 per share, exceeding the Zacks Consensus Estimate of $0.55 per share, resulting in a 3.64% surprise [2] - In the previous quarter, Gap earned $0.51 per share against an anticipated $0.44 per share, marking a 15.91% surprise [3] Market Position - Despite a slight decrease of 0.58% in its stock price today, Gap's market capitalization remains robust at approximately $8.96 billion [4][5] - The stock's price fluctuated between a low of $23.96 and a high of $24.69 during the day, with a trading volume of 7,294,521 shares [4] - Over the past year, Gap's stock has reached a high of $29.29 and a low of $16.99 [4]
Gap Inc. (NYSE:GPS) Surpasses Earnings Estimates with Barclays Setting a $30 Price Target