Currently, there are 377.00M common shares owned by the public and among those 243.84M shares have been available to trade.
The company’s stock has a 5-day price change of 3.78% and 13.05% over the past three months. GAP shares are trading 23.43% year to date (YTD), with the 12-month market performance up to 28.60% higher. It has a 12-month low price of $18.34 and touched a high of $30.75 over the same period. GAP has an average intraday trading volume of 5.99 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 14.27%, 18.24%, and 14.68% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Gap, Inc (NYSE: GAP) shares accounts for 63.37% of the company’s 377.00M shares outstanding.
It has a market capitalization of $9.75B and a beta (3y monthly) value of 2.36. The stock’s trailing 12-month PE ratio is 12.00, while the earnings-per-share (ttm) stands at $2.15. The company has a PEG of 0.25 and a Quick Ratio of 0.84 with the debt-to-equity ratio at 1.74. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.16% over the week and 4.20% over the month.
Earnings per share for the fiscal year are expected to increase by 41.85%, and 5.85% over the next financial year. EPS should grow at an annualized rate of 48.00% over the next five years, compared to -12.38% over the past 5-year period.
Looking at the support for the GAP, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on Dec-03-24, with the firm’s price target at $28-$30. Telsey Advisory Group coverage for the Gap, Inc (GAP) stock in a research note released on August 30, 2024 offered a Market Perform rating with a price target of $26. BofA Securities was of a view on July 31, 2024 that the stock is Neutral, while Morgan Stanley gave the stock Overweight rating on July 18, 2024, issuing a price target of $27- $29. TD Cowen on their part issued Buy rating on June 25, 2024.
