|Bid||23.55 x 900|
|Ask||23.65 x 800|
|Day's range||23.41 - 23.93|
|52-week range||16.43 - 37.63|
|Beta (5Y monthly)||1.68|
|PE ratio (TTM)||20.57|
|Earnings date||22 Nov 2021 - 26 Nov 2021|
|Forward dividend & yield||0.36 (1.24%)|
|Ex-dividend date||06 Jul 2021|
|1y target est||34.25|
Gap (GPS) looks promising on the back of brand strength, particularly in Old Navy and Athleta brands, solid online show, and Power Plan 2023. A raised fiscal view reflects optimism in the stock.
People have finally started spending on clothing and apparel, helping stocks of The Gap (GPS), Foot Locker (FL) and The TJX Companies (TJX).
The apparel giant has expanded its order fulfillment centers just in time to meet the uptick in consumer demand we can hope the holiday season will bring about. Like other retailers, Gap has recognized that e-commerce is here to stay, and it recently invested over $100 million to expand its fulfillment centers in Phoenix, Arizona, and Gallatin, Tennessee. In fact, Gap has been using artificial intelligence solutions and robotic technologies in its fulfillment centers in an effort to speed up order processing.