Gaining Ground: Gap, Inc (GAP) Closes Lower at 20.77, Down -3.22

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The price of Gap, Inc (NYSE: GAP) closed at $20.77 in the last session, down -3.22% from day before closing price of $21.46. In other words, the price has decreased by -$3.22 from its previous closing price. On the day, 3.63 million shares were traded. GAP stock price reached its highest trading level at $21.31 during the session, while it also had its lowest trading level at $20.605.

Ratios:

We take a closer look at GAP’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 3.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 1.88 whereas as Long-Term Debt/Eq ratio is at 1.67.

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 August 30, 2024, Reiterated its Market Perform rating but revised its target price to $26 from $29 previously.

On July 31, 2024, BofA Securities Upgraded its rating to Neutral which previously was Underperform and also upped its target price recommendation from $18.50 to $25.

Morgan Stanley Upgraded its Equal-Weight to Overweight on July 18, 2024, whereas the target price for the stock was revised from $27 to $29.

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 Sep 17 ’24 when Gilligan Sarah sold 8,851 shares for $20.61 per share. The transaction valued at 182,441 led to the insider holds 0 shares of the business.

Barbeito Horacio sold 75,385 shares of GAP for $1,507,700 on Sep 12 ’24. The President & CEO, Old Navy now owns 0 shares after completing the transaction at $20.00 per share. On Sep 03 ’24, another insider, Barbeito Horacio, who serves as the President & CEO, Old Navy of the company, sold 311 shares for $22.19 each. As a result, the insider received 6,894 and left with 75,385 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, GAP now has a Market Capitalization of 8075770880 and an Enterprise Value of 11129102336. As of this moment, Gap,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.30, and their Forward P/E ratio for the next fiscal year is 10.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 2.69. Its current Enterprise Value per Revenue stands at 0.733 whereas that against EBITDA is 7.607.

Stock Price History:

Over the past 52 weeks, GAP has reached a high of $30.75, while it has fallen to a 52-week low of $12.51. The 50-Day Moving Average of the stock is -3.03%, while the 200-Day Moving Average is calculated to be -6.43%.

Shares Statistics:

According to the various share statistics, GAP traded on average about 5.64M shares per day over the past 3-months and 3833510 shares per day over the past 10 days. A total of 372.00M shares are outstanding, with a floating share count of 226.11M. Insiders hold about 39.92% of the company’s shares, while institutions hold 63.09% stake in the company. Shares short for GAP as of 1728950400 were 29892685 with a Short Ratio of 5.30, compared to 1726185600 on 24011339. Therefore, it implies a Short% of Shares Outstanding of 29892685 and a Short% of Float of 15.25.

Dividends & Splits

The forward annual dividend rate for GAP is 0.60, which was 0.6 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.027958997The stock’s 5-year Average Dividend Yield is 4.21.

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