Gap, Inc (GAP) stock forecast: Can it reach its 52-week high of $30.75

A share price of Gap, Inc [GAP] is currently trading at $24.56, up 2.21%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GAP shares have gain 3.11% over the last week, with a monthly amount drifted -1.09%, 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: GAP] stock has seen the most recent analyst activity on December 02, 2024, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $30 from $28. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on August 30, 2024, and dropped its price target to $26. On July 31, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $25 on the stock. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $29 on July 18, 2024. TD Cowen upgraded its rating to a Buy and raised its price target to $30 on June 25, 2024. Telsey Advisory Group reiterated a Market Perform rating for this stock on May 31, 2024, and upped its price target to $29. In a note dated May 07, 2024, Citigroup upgraded an Buy rating on this stock and boosted its target price from $21 to $28.

Gap, Inc experienced fluctuations in its stock price throughout the past year between $18.34 and $30.75. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Gap, Inc [NYSE: GAP] shares were valued at $24.56 at the most recent close of the market. An investor can expect a potential return of 5.86% based on the average GAP price forecast.

Analyzing the GAP fundamentals

Trailing Twelve Months sales for Gap, Inc [NYSE:GAP] were 15.23B which represents 1.65% growth. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.29 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.74.

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 24.03 points at the first support level, and at 23.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.02, and for the 2nd resistance point, it is at 25.48.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Gap, Inc [NYSE:GAP] is 1.54. In addition, the Quick Ratio stands at 0.84 and the Cash Ratio stands at 0.59. Considering the valuation of this stock, the price to sales ratio is 0.61, the price to book ratio is 2.95 and price to earnings (TTM) ratio is 11.42.

Transactions by insiders

Recent insider trading involved FISHER JOHN J, 10% Owner, that happened on Dec 13 ’24 when 0.25 million shares were sold. 10% Owner, John J. Fisher completed a deal on Dec 13 ’24 to buy 0.25 million shares. Meanwhile, Director FISHER WILLIAM SYDNEY sold 0.12 million shares on Dec 09 ’24.

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