Market Highlights: Gap, Inc. (GPS) Ends on a Low Note at 21.52

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The price of Gap, Inc. (NYSE: GPS) closed at $21.52 in the last session, down -3.32% from day before closing price of $22.26. In other words, the price has decreased by -$3.32 from its previous closing price. On the day, 7.7 million shares were traded. GPS stock price reached its highest trading level at $22.76 during the session, while it also had its lowest trading level at $21.51.

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 4.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.23. 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 8314381312 and an Enterprise Value of 11605989376. As of this moment, Gap,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.14, and their Forward P/E ratio for the next fiscal year is 13.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 3.08. Its current Enterprise Value per Revenue stands at 0.78 whereas that against EBITDA is 10.244.

Stock Price History:

The Beta on a monthly basis for GPS is 2.27, which has changed by 1.7660668 over the last 52 weeks, in comparison to a change of 0.26159418 over the same period for the S&P500. 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 -6.34%, while the 200-Day Moving Average is calculated to be 24.04%.

Shares Statistics:

According to the various share statistics, GPS traded on average about 8.22M shares per day over the past 3-months and 6461830 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 61.41% stake in the company. Shares short for GPS as of 1714435200 were 34412899 with a Short Ratio of 4.19, compared to 1711584000 on 33738170. Therefore, it implies a Short% of Shares Outstanding of 34412899 and a Short% of Float of 17.809999.

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 0.026954178The 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 2024-04-09 with an ex-dividend date of 1720569600. Stock splits for the company last occurred on 1999-06-22 when the company split stock in a 3:2 ratio.

Earnings Estimates

Currently, 15.0 analysts are dedicated to thoroughly evaluating and rating the performance of Gap, Inc. (GPS) in the stock market.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.

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