Gap, Inc (NYSE: GAP)’s stock price has dropped by -0.74 in relation to previous closing price of 21.52. Nevertheless, the company has seen a loss of -4.47% in its stock price over the last five trading days. youtube.com reported 2024-11-18 that Matt Boss, JPMorgan equity research analyst, joins ‘Closing Bell’ to discuss the retail backdrop ahead of earnings and how to play the sector.
Is It Worth Investing in Gap, Inc (NYSE: GAP) Right Now?
Gap, Inc (NYSE: GAP) has a higher price-to-earnings ratio of 10.59x compared to its average ratio, The 36-month beta value for GAP is at 2.35. Analysts have varying views on the stock, with 6 analysts rating it as a “buy,” 4 rating it as “overweight,” 11 as “hold,” and 1 as “sell.”
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The public float for GAP is 226.06M, and currently, shorts hold a 14.52% of that float. The average trading volume for GAP on November 19, 2024 was 5.22M shares.
GAP’s Market Performance
The stock of Gap, Inc (GAP) has seen a -4.47% decrease in the past week, with a -5.07% drop in the past month, and a -9.18% fall in the past quarter. The volatility ratio for the week is 3.53%, and the volatility levels for the past 30 days are at 3.07% for GAP. The simple moving average for the past 20 days is -1.19% for GAP’s stock, with a -4.43% simple moving average for the past 200 days.
Analysts’ Opinion of GAP
Many brokerage firms have already submitted their reports for GAP stocks, with Telsey Advisory Group repeating the rating for GAP by listing it as a “Market Perform.” The predicted price for GAP in the upcoming period, according to Telsey Advisory Group is $26 based on the research report published on August 30, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see GAP reach a price target of $25, previously predicting the price at $18.50. The rating they have provided for GAP stocks is “Neutral” according to the report published on July 31st, 2024.
Morgan Stanley gave a rating of “Overweight” to GAP, setting the target price at $29 in the report published on July 18th of the current year.
GAP Trading at 0.56% from the 50-Day Moving Average
After a stumble in the market that brought GAP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.54% of loss for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares sank -5.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.26% upper at present.
During the last 5 trading sessions, GAP fell by -4.47%, which changed the moving average for the period of 200-days by +7.82% in comparison to the 20-day moving average, which settled at $21.62. In addition, Gap, Inc saw 2.15% 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 GAP starting from Gilligan Sarah, who sale 8,851 shares at the price of $20.61 back on Sep 17 ’24. After this action, Gilligan Sarah now owns 0 shares of Gap, Inc, valued at $182,441 using the latest closing price.
Barbeito Horacio, the President & CEO, Old Navy of Gap, Inc, sale 75,385 shares at $20.00 during a trade that took place back on Sep 12 ’24, which means that Barbeito Horacio is holding 0 shares at $1,507,700 based on the most recent closing price.
Stock Fundamentals for GAP
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.41 for the gross margin
The net margin for Gap, Inc stands at 0.05. The total capital return value is set at 0.12. Equity return is now at value 29.71, with 6.86 for asset returns.
Based on Gap, Inc (GAP), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 1.06. The debt to equity ratio resting at 0.51. The interest coverage ratio of the stock is 10.1.
Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 2.27. When we switch over and look at the enterprise to sales, we see a ratio of 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.49.
Conclusion
In conclusion, Gap, Inc (GAP) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
