In the latest session, Gap, Inc. (NYSE: GPS) closed at $27.29 down -1.55% from its previous closing price of $27.72. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 7481984 shares were traded.
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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 5.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.17. 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 10.19B and an Enterprise Value of 13.76B. As of this moment, Gap,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.47, and their Forward P/E ratio for the next fiscal year is 17.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 0.92 whereas that against EBITDA is 11.78.
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 21.03, while the 200-Day Moving Average is calculated to be 15.23.
Shares Statistics:
For the past three months, GPS has traded an average of 7.51M shares per day and 10.73M over the past ten days. A total of 372.00M shares are outstanding, with a floating share count of 214.01M. Insiders hold about 42.70% of the company’s shares, while institutions hold 58.77% stake in the company. Shares short for GPS as of Feb 29, 2024 were 29.58M with a Short Ratio of 4.59, compared to 28.59M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.98% and a Short% of Float of 18.61%.
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 2.16%, it implies a Forward Annual Dividend Yield of 2.20%. The stock’s 5-year Average Dividend Yield is 4.21. The current Payout Ratio is 44.94% for GPS, which recently paid a dividend on May 01, 2024 with an ex-dividend date of Apr 09, 2024. Stock splits for the company last occurred on Jun 22, 1999 when the company split stock in a 3:2 ratio.
Earnings Estimates
There are 15 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.13 for the current quarter, with a high estimate of $0.2 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 $0.45 and low estimates of $0.25.
Analysts are recommending an EPS of between $1.61 and $1.3 for the fiscal current year, implying an average EPS of $1.4. EPS for the following year is $1.57, with 15 analysts recommending between $1.8 and $1.1.
Revenue Estimates
A total of 16 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 $14.8B. In the same quarter a year ago, actual revenue was $14.89B, down -0.60% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $15.06B in the next fiscal year. The high estimate is $15.28B and the low estimate is $14.8B. The average revenue growth estimate for next year is up 1.70% from the average revenue estimate for this year.
