The price-to-earnings ratio for Gap, Inc. (NYSE: GPS) is 18.19x, which is above its average ratio. Moreover, the 36-month beta value for GPS is 2.29. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 19 as “hold,” and 3 as “sell.”
The public float for GPS is 220.07M and currently, short sellers hold a 15.68% of that float. On April 08, 2024, GPS’s average trading volume was 7.66M shares.
GPS) stock’s latest price update
The stock of Gap, Inc. (NYSE: GPS) has decreased by -1.78 when compared to last closing price of 24.69.Despite this, the company has seen a loss of -11.98% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-05 that Investors looking for stocks in the Retail – Apparel and Shoes sector might want to consider either Gap (GPS) or Deckers (DECK). But which of these two stocks is more attractive to value investors?
GPS’s Market Performance
Gap, Inc. (GPS) has seen a -11.98% fall in stock performance for the week, with a 27.23% gain in the past month and a 20.53% surge in the past quarter. The volatility ratio for the week is 3.48%, and the volatility levels for the past 30 days are at 4.33% for GPS. The simple moving average for the past 20 days is -3.51% for GPS’s stock, with a 55.02% simple moving average for the past 200 days.
Analysts’ Opinion of GPS
Many brokerage firms have already submitted their reports for GPS stocks, with Telsey Advisory Group repeating the rating for GPS by listing it as a “Market Perform.” The predicted price for GPS in the upcoming period, according to Telsey Advisory Group is $22 based on the research report published on March 08, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see GPS reach a price target of $20, previously predicting the price at $16. The rating they have provided for GPS stocks is “Neutral” according to the report published on February 26th, 2024.
Telsey Advisory Group gave a rating of “Market Perform” to GPS, setting the target price at $17 in the report published on November 17th of the previous year.
GPS Trading at 11.37% 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 -15.18% of loss for the given period.
Volatility was left at 4.33%, however, over the last 30 days, the volatility rate increased by 3.48%, as shares surge +25.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.83% upper at present.
During the last 5 trading sessions, GPS fell by -11.98%, which changed the moving average for the period of 200-days by +170.95% in comparison to the 20-day moving average, which settled at $25.38. In addition, Gap, Inc. saw 15.97% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GPS starting from Breitbard Mark, who sale 17,392 shares at the price of $27.94 back on Mar 26 ’24. After this action, Breitbard Mark now owns 123,985 shares of Gap, Inc., valued at $485,880 using the latest closing price.
O’Connell Katrina, the Chief Financial Officer of Gap, Inc., sale 9,818 shares at $27.94 during a trade that took place back on Mar 26 ’24, which means that O’Connell Katrina is holding 0 shares at $274,270 based on the most recent closing price.
Stock Fundamentals for GPS
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.37 for the gross margin
The net margin for Gap, Inc. stands at 0.0. The total capital return value is set at 0.04. Equity return is now at value 20.80, with 4.48 for asset returns.
Based on Gap, Inc. (GPS), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 2.1. The interest coverage ratio of the stock is 4.05.
Currently, EBITDA for the company is 471.0 million with net debt to EBITDA at 4.21. When we switch over and look at the enterprise to sales, we see a ratio of 0.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.
Conclusion
To wrap up, the performance of Gap, Inc. (GPS) has been better in recent times. The stock has received a bearish of “sell” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
