Gap, Inc (GAP) concluded trading on Thursday at a closing price of $23.13, with 4.33 million shares of worth about $100.04 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 8.03% during that period and on February 06, 2025 the price saw a gain of about 2.75%. Currently the company’s common shares owned by public are about 377.00M shares, out of which, 245.38M shares are available for trading.
Stock saw a price change of -6.05% in past 5 days and over the past one month there was a price change of -3.95%. Year-to-date (YTD), GAP shares are showing a performance of -2.12% which increased to 15.82% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.72 but also hit the highest price of $30.75 during that period. The average intraday trading volume for Gap, Inc shares is 5.90 million. The stock is currently trading -2.72% below its 20-day simple moving average (SMA20), while that difference is down -4.64% for SMA50 and it goes to 1.30% higher than SMA200.
Gap, Inc (NYSE: GAP) currently have 377.00M outstanding shares and institutions hold larger chunk of about 61.89% of that.
The stock has a current market capitalization of $8.72B and its 3Y-monthly beta is at 2.37. PE ratio of stock for trailing 12 months is 10.75, while it has posted earnings per share of $2.15 in the same period. Its PEG reads 0.57 and has Quick Ratio of 0.84 while making debt-to-equity ratio of 1.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GAP, volatility over the week remained 2.91% while standing at 2.95% over the month.
Stock’s fiscal year EPS is expected to rise by 42.01% while it is estimated to increase by 6.50% in next year. EPS is likely to grow at an annualized rate of 18.70% for next 5-years, compared to annual growth of -12.38% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Argus on January 21, 2025 offering a Buy rating for the stock and assigned a target price of $27 to it. Coverage by UBS stated Gap, Inc (GAP) stock as a Neutral in their note to investors on January 10, 2025, suggesting a price target of $26 for the stock. On December 02, 2024, JP Morgan Upgrade their recommendations, while on August 30, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $26. Stock get a Neutral rating from BofA Securities on July 31, 2024.