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The price of Gap, Inc. (NYSE: GPS) closed at $23.09 in the last session, up 3.03% from day before closing price of $22.41. In other words, the price has increased by $3.03 from its previous closing price. On the day, 4.95 million shares were traded. GPS stock price reached its highest trading level at $23.1 during the session, while it also had its lowest trading level at $22.25.
Ratios:
We take a closer look at GPS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.76. 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 the company, Citigroup on May 07, 2024, Upgraded its rating to Buy and sets its target price to $28 from $21 previously.
On March 08, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $17 to $22.
JP Morgan Upgraded its Underweight to Neutral on February 26, 2024, whereas the target price for the stock was revised from $16 to $20.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 8624414720 and an Enterprise Value of 11938415616. As of this moment, Gap,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.32, and their Forward P/E ratio for the next fiscal year is 14.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 3.31. Its current Enterprise Value per Revenue stands at 0.802 whereas that against EBITDA is 10.537.
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 1.45%, while the 200-Day Moving Average is calculated to be 34.60%.
Shares Statistics:
According to the various share statistics, GPS traded on average about 8.26M shares per day over the past 3-months and 7206910 shares per day over the past 10 days. A total of 372.00M shares are outstanding, with a floating share count of 221.07M. Insiders hold about 40.81% of the company’s shares, while institutions hold 58.25% stake in the company. Shares short for GPS as of 1713139200 were 31908201 with a Short Ratio of 3.86, 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
The forward annual dividend rate for GPS is 0.60, which was 0.6 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.026773764The stock’s 5-year Average Dividend Yield is 4.21.
Earnings Estimates
Current recommendations for the stock of the company come from 15.0 analysts. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.09, while EPS last year was $0.01. The consensus estimate for the next quarter is $0.33, with high estimates of $0.52 and low estimates of $0.25.
Analysts are recommending an EPS of between $1.8 and $1.3 for the fiscal current year, implying an average EPS of $1.41. EPS for the following year is $1.61, with 17.0 analysts recommending between $2.08 and $1.1.
Revenue Estimates
For the next quarter, 14 analysts are estimating revenue of $3.57B. There is a high estimate of $3.62B for the next quarter, whereas the lowest estimate is $3.53B.
A total of 17 analysts have provided revenue estimates for GPS’s current fiscal year. The highest revenue estimate was $14.96B, while the lowest revenue estimate was $14.71B, resulting in an average revenue estimate of $14.82B. In the same quarter a year ago, actual revenue was $14.89BBased on 17 analysts’ estimates, the company’s revenue will be $15.07B in the next fiscal year. The high estimate is $15.28B and the low estimate is $14.8B.
