Gap, Inc. [GPS] stock is trading at $22.65, up 3.85%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GPS shares have gain 4.38% over the last week, with a monthly amount drifted -6.87%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Gap, Inc. [NYSE: GPS] stock has seen the most recent analyst activity on July 31, 2024, when BofA Securities upgraded its rating to a Neutral and also boosted its price target to $25 from $18.50. Previously, Morgan Stanley upgraded its rating to Overweight on July 18, 2024, and elevated its price target to $29. On June 25, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $30 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $29 on May 31, 2024. Citigroup upgraded its rating to a Buy and raised its price target to $28 on May 07, 2024. Telsey Advisory Group reiterated a Market Perform rating for this stock on March 08, 2024, and upped its price target to $22. In a note dated February 26, 2024, JP Morgan upgraded an Neutral rating on this stock and boosted its target price from $16 to $20.
Gap, Inc. [GPS] stock has fluctuated between $9.38 and $30.75 over the past year. Currently, Wall Street analysts expect the stock to reach $20.77 within the next 12 months. Gap, Inc. [NYSE: GPS] shares were valued at $22.65 at the most recent close of the market. An investor can expect a potential drop of -8.3% based on the average GPS price forecast.
Analyzing the GPS fundamentals
Gap, Inc. [NYSE:GPS] reported sales of 15.00B for the trailing twelve months, which represents a growth of 3.42%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.27 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.89 points at the first support level, and at 21.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.03, and for the 2nd resistance point, it is at 23.42.
Ratios To Look Out For
For context, Gap, Inc.’s Current Ratio is 1.50. As well, the Quick Ratio is 0.80, while the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 0.57, the price to book ratio is 3.14 and price to earnings (TTM) ratio is 12.62.
Transactions by insiders
Recent insider trading involved Gardner Tracy, Director, that happened on Jul 01 ’24 when 2934.0 shares were sold. President & CEO, Old Navy, Barbeito Horacio completed a deal on Jun 24 ’24 to sell 198.0 shares. Meanwhile, Chief Legal&Compliance Officer Gruber Julie sold 74252.0 shares on Jun 03 ’24.
