In the latest session, The Gap Inc. (NYSE: GPS) closed at $7.60 down -4.40% from its previous closing price of $7.95. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 9861081 shares were traded.
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For a deeper understanding of The Gap Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.82.
Upgrades & Downgrades
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 24 when Breitbard Mark sold 22,918 shares for $8.78 per share. The transaction valued at 201,268 led to the insider holds 123,985 shares of the business.
Breitbard Mark sold 3,457 shares of GPS for $33,153 on Mar 16. The President & CEO, Gap Brand now owns 123,985 shares after completing the transaction at $9.59 per share. On Mar 15, another insider, Breitbard Mark, who serves as the President & CEO, Gap Brand of the company, sold 7,874 shares for $9.66 each. As a result, the insider received 76,085 and left with 127,442 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GPS now has a Market Capitalization of 2.92B and an Enterprise Value of 7.73B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is 15.81.
Stock Price History:
Over the past 52 weeks, GPS has reached a high of $15.49, while it has fallen to a 52-week low of $7.48. The 50-Day Moving Average of the stock is 9.10, while the 200-Day Moving Average is calculated to be 11.03.
For the past three months, GPS has traded an average of 9.10M shares per day and 8.57M over the past ten days. A total of 367.00M shares are outstanding, with a floating share count of 179.49M. Insiders hold about 5.70% of the company’s shares, while institutions hold 59.30% stake in the company. Shares short for GPS as of Apr 27, 2023 were 29.56M with a Short Ratio of 29.56M, compared to 30.36M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.04% and a Short% of Float of 18.96%.
Dividends & Splits
According to the company, the forward annual dividend rate for GPS is 0.60, from 0.60 in the trailing year. Against a Trailing Annual Dividend Yield of 7.55%, it implies a Forward Annual Dividend Yield of 7.71%.
There are 15 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.16 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.25, while EPS last year was -$0.44. The consensus estimate for the next quarter is $0.16, with high estimates of $0.3 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.86 and -$0.2 for the fiscal current year, implying an average EPS of $0.56. EPS for the following year is $0.85, with 18 analysts recommending between $1.2 and $0.25.
A total of 13 analysts believe the company’s revenue will be $3.29B this quarter.It ranges from a high estimate of $3.34B to a low estimate of $3.22B. As of the current estimate, The Gap Inc.’s year-ago sales were $3.48B, an estimated decrease of -5.50% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $3.67B, a decrease of -5.00% over than the figure of -$5.50% in the same quarter last year. There is a high estimate of $3.78B for the next quarter, whereas the lowest estimate is $3.57B.
A total of 17 analysts have provided revenue estimates for GPS’s current fiscal year. The highest revenue estimate was $15.29B, while the lowest revenue estimate was $14.69B, resulting in an average revenue estimate of $15.07B. In the same quarter a year ago, actual revenue was $15.62B, down -3.50% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $15.22B in the next fiscal year. The high estimate is $15.68B and the low estimate is $14.8B. The average revenue growth estimate for next year is up 1.00% from the average revenue estimate for this year.