The Gap Inc. (NYSE:GPS) went down by -3.40% from its latest closing price compared to the recent 1-year high of $34.49. The company’s stock price has collected -2.33% of loss in the last five trading sessions. The Wall Street Journal reported on 06/05/22 that Macy’s, Gap and Other Clothing Stores Are Stuck With the Wrong Stuff
Is It Worth Investing in The Gap Inc. (NYSE :GPS) Right Now?
Plus, the 36-month beta value for GPS is at 1.66. Opinions of the stock are interesting as 4 analysts out of 22 who provided ratings for The Gap Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 11 rated it as “hold,” and 4 as “sell.”
The average price from analysts is $10.73, which is $3.3 above the current price. GPS currently public float of 201.34M and currently shorts hold a 13.44% ratio of that float. Today, the average trading volume of GPS was 10.79M shares.
GPS’s Market Performance
GPS stocks went down by -2.33% for the week, with a monthly drop of -21.18% and a quarterly performance of -40.00%, while its annual performance rate touched -72.10%. The volatility ratio for the week stands at 4.37% while the volatility levels for the past 30 days are set at 6.90% for The Gap Inc. The simple moving average for the period of the last 20 days is -13.75% for GPS stocks with a simple moving average of -49.00% for the last 200 days.
Analysts’ Opinion of GPS
Many brokerage firms have already submitted their reports for GPS stocks, with Morgan Stanley repeating the rating for GPS by listing it as a “Underweight.” The predicted price for GPS in the upcoming period, according to Morgan Stanley is $8 based on the research report published on May 27th of the current year 2022.
JP Morgan, on the other hand, stated in their research note that they expect to see GPS reach a price target of $9, previously predicting the price at $11. The rating they have provided for GPS stocks is “Underweight” according to the report published on May 27th, 2022.
Citigroup gave a rating of “Sell” to GPS, setting the target price at $8 in the report published on May 23rd of the current year.
GPS Trading at -25.47% from the 50-Day Moving Average
After a stumble in the market that brought GPS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.42% of loss for the given period.
Volatility was left at 6.90%, however, over the last 30 days, the volatility rate increased by 4.37%, as shares sank -19.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.18% lower at present.
During the last 5 trading sessions, GPS fell by -2.33%, which changed the moving average for the period of 200-days by -65.65% in comparison to the 20-day moving average, which settled at $10.12. In addition, The Gap Inc. saw -50.03% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at GPS starting from Breitbard Mark, who sale 16,755 shares at the price of $12.51 back on May 10. After this action, Breitbard Mark now owns 98,980 shares of The Gap Inc., valued at $209,565 using the latest closing price.
Breitbard Mark, the President & CEO, Gap Brand of The Gap Inc., sale 7,311 shares at $17.01 during a trade that took place back on Dec 21, which means that Breitbard Mark is holding 53,893 shares at $124,360 based on the most recent closing price.
Stock Fundamentals for GPS
Current profitability levels for the company are sitting at:
- +4.79 for the present operating margin
- +39.90 for the gross margin
The net margin for The Gap Inc. stands at +1.54. Equity return is now at value -2.60, with -0.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.27.