525 institutions hold shares in The Gap Inc. (GPS), with 165.5M shares held by insiders accounting for 44.15% while institutional investors hold 103.88% of the company’s shares. The shares outstanding are 377.00M, and float is at 208.89M with Short Float at 7.30%. Institutions hold 58.02% of the Float.
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The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 26.12 million shares valued at $527.45 million. The investor’s holdings represent 6.97% of the GPS Shares outstanding. As of Dec 30, 2020, the second largest holder is Dodge & Cox Inc with 25.31 million shares valued at $511.07 million to account for 6.75% of the shares outstanding. The other top investors are Blackrock Inc. which holds 12.29 million shares representing 3.28% and valued at over $248.19 million, while JP Morgan Chase & Company holds 2.11% of the shares totaling 7.9 million with a market value of $159.45 million.
The Gap Inc. (NYSE: GPS) is 42.45% higher on its value in year-to-date trading and has touched a low of $5.26 and a high of $32.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GPS stock was last observed hovering at around $29.51 in the last trading session, with the day’s loss setting it -0.75% off its average median price target of $28.00 for the next 12 months. It is also 28.1% off the consensus price target high of $40.00 offered by 23 analysts, but current levels are -51.37% lower than the price target low of $19.00 for the same period.
Currently trading at $28.76, the stock is -0.67% and 14.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.09 million and changing -2.54% at the moment leaves the stock 48.22% off its SMA200. GPS registered 269.19% gain for a year compared to 6-month gain of 76.55%. The firm has a 50-day simple moving average (SMA 50) of $26.80 and a 200-day simple moving average (SMA200) of $22.07.
The stock witnessed a 15.27% loss in the last 1 month and extending the period to 3 months gives it a 40.77%, and is -4.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.17% over the week and 5.11% over the month.
The Gap Inc. (GPS) has around 117000 employees, a market worth around $10.50B and $13.80B in sales. Fwd P/E is 14.99. Profit margin for the company is -4.80%. Distance from 52-week low is 446.77% and -12.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.50%).
The Gap Inc. (GPS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for The Gap Inc. (GPS) is a “Hold”. 23 analysts offering their recommendations for the stock have an average rating of 2.90, where 17 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
The Gap Inc. is expected to release its quarterly report on 05/20/2021 and quarterly earnings per share for the current quarter are estimated at -$0.11 with sales reaching $3.37B over the same period.The EPS is expected to shrink by -308.80% this year, but quarterly earnings will post 17.10% year-over-year. Quarterly sales are estimated to grow 46.40% in year-over-year returns.
The Gap Inc. (GPS) Insider Activity
A total of 87 insider transactions have happened at The Gap Inc. (GPS) in the last six months, with sales accounting for 53 and purchases happening 34 times. The most recent transaction is an insider sale by Breitbard Mark, the company’s President & CEO, Gap Brand. SEC filings show that Breitbard Mark sold 17,663 shares of the company’s common stock on Mar 24 at a price of $28.38 per share for a total of $0.5 million. Following the sale, the insider now owns 60841.0 shares.
The Gap Inc. disclosed in a document filed with the SEC on Mar 24 that Syngal Sonia (CEO Gap, Inc.) sold a total of 36,129 shares of the company’s common stock. The trade occurred on Mar 24 and was made at $28.41 per share for $1.03 million. Following the transaction, the insider now directly holds 87571.0 shares of the GPS stock.
Still, SEC filings show that on Mar 24, O’Connell Katrina (EVP CFO) disposed off 13,500 shares at an average price of $28.32 for $0.38 million. The insider now directly holds 11,971 shares of The Gap Inc. (GPS).
The Gap Inc. (GPS): Who are the competitors?
The company’s main competitors (and peers) include Tilly’s Inc. (TLYS) that is trading 154.73% up over the past 12 months and Guess’ Inc. (GES) that is 216.22% higher over the same period. Abercrombie & Fitch Co. (ANF) is 234.41% up on the 1-year trading charts. Short interest in the company’s stock has risen 6.3% from the last report on Feb 11, 2021 to stand at a total of 14.28 million short shares sold with a short interest ratio of 1.9.