Outlook for fiscal 2016
The Gap (GPS) expects adjusted EPS for fiscal 2016 to range between $2.20–$2.25. Wall Street analysts are expecting the 1Q16 adjusted EPS to decrease by 13% on a YoY (year-over-year) basis to $0.49 and the fiscal 2016 adjusted EPS to decrease by 7.0% to $2.27.
Consensus analyst recommendation
The consensus analyst recommendation for Gap stock is “hold.” As the above chart shows, 61.1% of the analysts covering the stock recommend a “hold,” four analysts recommend a “buy,” and nine analysts have given a “sell” recommendation. The average 12-month target price of the company is $26.53, which implies the stock will decline by 2.7% over the next 12 months.