Currently, there are 377.00M common shares owned by the public and among those 245.39M shares have been available to trade.
The company’s stock has a 5-day price change of 7.98% and 11.96% over the past three months. GAP shares are trading 5.37% year to date (YTD), with the 12-month market performance up to 34.38% 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 5.81 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 4.73%, 5.05%, and 9.47% respectively.
Institutional ownership of Gap, Inc (NYSE: GAP) shares accounts for 62.86% of the company’s 377.00M shares outstanding.
It has a market capitalization of $9.39B and a beta (3y monthly) value of 2.35. The stock’s trailing 12-month PE ratio is 11.57, while the earnings-per-share (ttm) stands at $2.15. The company has a PEG of 0.24 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 3.32% over the week and 3.47% over the month.
Analysts forecast that Gap, Inc (GAP) will achieve an EPS of 0.38 for the current quarter, 0.47 for the next quarter and 2.12 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.36 while analysts give the company a high EPS estimate of 0.36. Comparatively, EPS for the current quarter was 0.49 a year ago. Earnings per share for the fiscal year are expected to increase by 42.02%, and 6.73% 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. Argus stated their Buy rating for the stock in a research note on January 21, 2025, with the firm’s price target at $27. UBS coverage for the Gap, Inc (GAP) stock in a research note released on January 10, 2025 offered a Neutral rating with a price target of $26. JP Morgan was of a view on December 02, 2024 that the stock is Overweight, while Telsey Advisory Group gave the stock Market Perform rating on August 30, 2024, issuing a price target of $29- $26. BofA Securities on their part issued Neutral rating on July 31, 2024.
