Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Gap, Inc. (NYSE: GPS) closed at $19.83 down -3.36% from its previous closing price of $20.52. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 8.46 million shares were traded. GPS stock price reached its highest trading level at $20.515 during the session, while it also had its lowest trading level at $19.82.
Ratios:
For a deeper understanding of Gap, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 2.10 whereas as Long-Term Debt/Eq ratio is at 1.87.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on March 08, 2024, Reiterated its Market Perform rating but revised its target price to $22 from $17 previously.
On February 26, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $16 to $20.
Telsey Advisory Group reiterated its Market Perform rating for the stock on November 17, 2023, while the target price for the stock was revised from $11 to $17.
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 26 ’24 when Breitbard Mark sold 17,392 shares for $27.94 per share. The transaction valued at 485,880 led to the insider holds 123,985 shares of the business.
O’Connell Katrina sold 9,818 shares of GPS for $274,270 on Mar 26 ’24. The Chief Financial Officer now owns 0 shares after completing the transaction at $27.94 per share. On Mar 26 ’24, another insider, Gruber Julie, who serves as the Chief Legal&Compliance Officer of the company, sold 9,414 shares for $27.94 each. As a result, the insider received 262,990 and left with 1,384 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 7406762496 and an Enterprise Value of 10974752768. As of this moment, Gap,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.87, and their Forward P/E ratio for the next fiscal year is 12.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 2.84. Its current Enterprise Value per Revenue stands at 0.737 whereas that against EBITDA is 9.686.
Stock Price History:
Over the past 52 weeks, GPS has reached a high of $28.59, while it has fallen to a 52-week low of $7.22. The 50-Day Moving Average of the stock is -11.85%, while the 200-Day Moving Average is calculated to be 18.12%.
Shares Statistics:
For the past three months, GPS has traded an average of 8.07M shares per day and 7042770 over the past ten days. A total of 372.00M shares are outstanding, with a floating share count of 221.19M. Insiders hold about 40.78% of the company’s shares, while institutions hold 58.88% stake in the company. Shares short for GPS as of 1713139200 were 31908201 with a Short Ratio of 3.95, compared to 1710460800 on 34497766. Therefore, it implies a Short% of Shares Outstanding of 31908201 and a Short% of Float of 16.520001.
Dividends & Splits
According to the company, the forward annual dividend rate for GPS is 0.60, from 0.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.029239766The stock’s 5-year Average Dividend Yield is 4.21.
