$0.29 EPS Expected for Gap (GPS), Wecast Network (WCST) Sellers Decreased By 4.96% Their Shorts

May 11, 2017 - By Linda Rogers

Analysts expect Gap Inc (NYSE:GPS) to report $0.29 EPS on May, 18 after the close.They anticipate $0.03 EPS change or 9.38% from last quarter’s $0.32 EPS. GPS’s profit would be $116.41 million giving it 23.04 P/E if the $0.29 EPS is correct. After having $0.51 EPS previously, Gap Inc’s analysts see -43.14% EPS growth. The stock increased 1.21% or $0.32 during the last trading session, reaching $26.73. About shares traded. Gap Inc (NYSE:GPS) has risen 22.73% since October 4, 2016 and is uptrending. It has outperformed by 11.14% the S&P500.

Wecast Network Incorporated (NASDAQ:WCST) had a decrease of 4.96% in short interest. WCST’s SI was 1.58M shares in May as released by FINRA. Its down 4.96% from 1.67 million shares previously. With 51,800 avg volume, 31 days are for Wecast Network Incorporated (NASDAQ:WCST)’s short sellers to cover WCST’s short positions. The SI to Wecast Network Incorporated’s float is 7.35%. The stock decreased 4.19% or $0.13 on May 10, reaching $2.97. About shares traded. Wecast Network Inc (NASDAQ:WCST) has risen 91.61% since October 4, 2016 and is uptrending. It has outperformed by 80.03% the S&P500.

Wecast Network, Inc., formerly YOU On Demand Holdings, Inc., is a content video on demand service well-known provider with activities in the People’s Republic of China. The company has market cap of $175.05 million. The Company, through its subsidiaries and variable interest entity, provides content and integrated value-added service solutions for the delivery of VOD and paid video programming to digital cable providers, Internet Protocol Television (IPTV) providers, over-the-top (OTT) streaming providers, mobile manufacturers and operators, as well as direct customers. It currently has negative earnings. The Firm operates through video content and media segment.

The Gap, Inc. is an apparel retail company. The company has market cap of $10.73 billion. The Firm offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands. It has a 15.8 P/E ratio. The Company’s products are available to clients online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services.

Investors sentiment decreased to 0.9 in Q4 2016. Its down 0.01, from 0.91 in 2016Q3. It fall, as 46 investors sold Gap Inc shares while 142 reduced holdings. 57 funds opened positions while 112 raised stakes. 212.42 million shares or 2.65% less from 218.21 million shares in 2016Q3 were reported. Barrow Hanley Mewhinney & Strauss Limited Com accumulated 3.52M shares. Alethea Capital Lc owns 91,672 shares for 2.6% of their portfolio. Heritage Invsts Mngmt Corp reported 0.17% in Gap Inc (NYSE:GPS). Moreover, Hartford Mgmt has 0.02% invested in Gap Inc (NYSE:GPS) for 53,930 shares. Usca Ria Limited Liability Company accumulated 72,157 shares. Contrarius Inv Mgmt Ltd, a Jersey-based fund reported 39,042 shares. Peak6 Lp holds 147,161 shares or 0.02% of its portfolio. Moreover, Cibc Ww Inc has 0% invested in Gap Inc (NYSE:GPS). Davenport Com Limited Liability Corp owns 10,120 shares. Fjarde Ap invested 0.03% in Gap Inc (NYSE:GPS). First Allied Advisory Services holds 0.01% or 11,975 shares in its portfolio. Acadian Asset Management Llc accumulated 0.01% or 105,371 shares. Calvert Inv holds 0.01% or 14,735 shares. Retirement Systems Of Alabama has invested 0.01% of its portfolio in Gap Inc (NYSE:GPS). Petrus Tru Lta has invested 0.13% in Gap Inc (NYSE:GPS).