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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Ratios:
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
Insider Transactions:
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.
Valuation Measures:
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.
Shares Statistics:
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%.
Earnings Estimates
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.
Revenue Estimates
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.
