These Analysts Increase Their Forecasts On Gap Following Better-Than-Expected Earnings
These Analysts Increase Their Forecasts On Gap Following Better-Than-Expected Earnings
Gap raised its full-year outlook for net sales, gross margin and operating income growth compared to prior expectations. The company now sees net sales up 1.5% to 2%, gross margin growth of 220 basis points and operating income margin of mid-to-high 60%.The Gap, Inc. (NYSE:GAP) reported better-than-expected earnings for its second quarter and raised its outlook for FY24 gross margin.
Gap Inc（紐交所:GAP）公佈了第二季度超出預期的收益，並提高了對FY24毛利率的展望。
Gap reported quarterly earnings of 72 cents per share, which beat the analyst consensus estimate of 57 cents. Quarterly revenue came in at $3.82 billion, which beat the consensus estimate of $3.81 billion and is an increase over sales of $3.76 billion from the same period last year.
Gap公佈的季度收益爲每股72美分，超過了分析師一致預期的57美分。季度營業收入達到38.2億美金，超出一致預期的38.1億美金，且比去年同期的37.6億美金有所增長。
"I'm proud that Gap Inc. delivered another successful quarter, growing net sales for the fourth consecutive quarter and gaining market share across all brands while meaningfully expanding operating margin," said Gap CEO Richard Dickson.
Gap Inc.的CEO Richard Dickson表示："我爲Gap Inc.再次交出了成功的季度感到自豪，連續第四個季度增長淨銷售額，在所有品牌中獲得市場份額，同時顯著擴大了營業利潤率。"
Gap raised its full-year outlook for net sales, gross margin and operating income growth compared to prior expectations. The company now sees net sales up 1.5% to 2%, gross margin growth of 220 basis points and operating income margin of mid-to-high 60%.
Gap提高了對淨銷售額、毛利率和營業收入增長的全年展望，相比之前的預期，公司現在預計淨銷售額增長1.5%到2%，毛利率提升220個點子，營業收入率在60%的中高位。
Gap shares gained 10.7% to trade at $24.41 on Friday.
Gap的股票在週五上漲了10.7%，交易價格爲24.41美金。
These analysts made changes to their price targets on Gap following earnings announcement.
這些分析師在盈利公告後對Gap的目標價進行了調整。
- B of A Securities maintained Gap with a Neutral and raised the price target from $25 to $28.
- Morgan Stanley analyst Alex Straton maintained Gap with an Overweight and raised the price target from $29 to $30.
- Barclays analyst Adrienne Yih maintained the stock with an Overweight and raised the price target from $31 to $32.
- Wells Fargo analyst Ike Boruchow maintained Gap with an Overweight and raised the price target from $28 to $30.
- Evercore ISI Group analyst Michael Binetti maintained the stock with an Outperform and increased the price target from $32 to $33.
- JP Morgan analyst Matthew Boss maintained Gap with a Neutral and boosted the price target from $26 to $28.
- BMO Capital analyst Simeon Siegel maintained Gap with a Market Perform and raised the price target from $23 to $25.
- Considering buying GAP stock? Here's what analysts think:
- 美銀證券對Gap持中立態度，並將目標價從25美金上調至28美金。
- 摩根士丹利分析師Alex Straton對Gap維持超配評級，並將目標價從29美金上調至30美金。
- 巴克萊銀行的分析師Adrienne Yih維持該股票爲超配，並將目標價格從31美元上調至32美元。
- 富國銀行的分析師Ike Boruchow維持gap inc爲超配，並將目標價格從28美元上調至30美元。
- evercore ISI Group的分析師Michael Binetti維持該股票爲跑贏大盤，並將目標價格從32美元上調至33美元。
- 摩根大通的分析師Matthew Boss維持gap inc爲中立，並將目標價格從26美元上調至28美元。
- BMO資本的分析師Simeon Siegel維持gap inc爲市場表現，並將目標價格從23美元上調至25美元。
- 考慮購買GAP股票嗎？以下是分析師的看法：
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