Gap, Inc (NYSE: GAP) is -0.81% lower on its value in year-to-date trading and has touched a low of $12.51 and a high of $30.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GAP stock was last observed hovering at around $20.77 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $20.74, the stock is -3.48% and -2.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.15 million and changing -0.14% at the moment leaves the stock -6.61% off its SMA200. GAP registered 60.40% gain for a year compared to 6-month loss of -3.94%. The firm has a 50-day simple moving average (SMA 50) of $21.346 and a 200-day simple moving average (SMA200) of $22.2079.
The stock witnessed a -0.96% gain in the last 1 month and extending the period to 3 months gives it a -1.47%, and is -4.03% 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 2.66% over the week and 3.11% over the month.
Gap, Inc (GAP) has around 85000 employees, a market worth around $7.79B and $15.17B in sales. Current P/E ratio is 10.28 and Fwd P/E is 10.17. Profit margin for the company is 5.06%. Distance from 52-week low is 65.85% and -32.55% from its 52-week high. The company has generated returns on investments over the last 12 months (9.90%).
with sales reaching $3.81B over the same period.The EPS is expected to grow by 30.85% this year, but quarterly earnings will post 0.50% year-over-year.
Gap, Inc (GAP) Top Institutional Holders
601.0 institutions hold shares in Gap, Inc (GAP), with institutional investors hold 109.01% of the company’s shares. The shares outstanding are 372.00M, and float is at 226.11M with Short Float at 13.22%. Institutions hold 64.55% of the Float.
Gap, Inc (GAP) Insider Activity
The most recent transaction is an insider sale by Gilligan Sarah, the company’s Chief Sup Chn & Transform Ofcr. SEC filings show that Gilligan Sarah sold 8,851 shares of the company’s common stock on Sep 17 ’24 at a price of $20.61 per share for a total of $0.18 million. Following the sale, the insider now owns 0.0 shares.
Gap, Inc disclosed in a document filed with the SEC on Sep 12 ’24 that Barbeito Horacio (President & CEO, Old Navy) sold a total of 75,385 shares of the company’s common stock. The trade occurred on Sep 12 ’24 and was made at $20.00 per share for $1.51 million. Following the transaction, the insider now directly holds 0.0 shares of the GAP stock.
Still, SEC filings show that on Sep 03 ’24, Barbeito Horacio (President & CEO, Old Navy) disposed off 311 shares at an average price of $22.19 for $6894.0. The insider now directly holds 75,385 shares of Gap, Inc (GAP).
