With 3.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.34 million shares. During the session, the Apparel Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $22.6 whereas the lowest price it dropped to was $22.01. The 52-week range on GAP shows that it touched its highest point at $30.75 and its lowest point at $13.43 during that stretch. It currently has a 1-year price target of $27.69. With its current market cap of 8.32 billion, GAP has annualized dividend of $0.60 while the current yield stands at 2.71%. Beta for the stock currently stands at 2.34.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GAP was up-trending over the past week, with a rise of 1.19%, but this was down by -0.36% over a month. Three-month performance dropped to -8.75% while six-month performance rose 1.56%. The stock gained 60.49% in the past year, while it has gained 5.69% so far this year. A look at the trailing 12-month EPS for GAP yields 2.02 with Next year EPS estimates of 2.03. For the next quarter, that number is 0.58. This implies an EPS growth rate of 30.80% for this year and 8.54% for next year. EPS is expected to grow by 48.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -12.38%.
Float and Shares Shorts:
At present, 372.00 million GAP shares are outstanding with a float of 226.11 million shares on hand for trading. On 2024-10-31, short shares totaled 32.82 million, which was 872.0000000000001 higher than short shares on 1727654400. In addition to Mr. Richard Dickson as the firm’s CEO, President & Director, Ms. Katrina O’Connell serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.66637003 of GAP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-03, GAP reported revenue of $3720000000.0 and operating income of $293000000.0. The EBITDA in the recently reported quarter was $443000000.0 and diluted EPS was $0.54.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With GAP analysts setting a high price target of 35.0 and a low target of 14.0, the average target price over the next 12 months is 27.69474. Based on these targets, GAP could surge 58.37% to reach the target high and fall by -36.65% to reach the target low. Reaching the average price target will result in a growth of 25.32% from current levels.
Analysts have provided yearly estimates in a range of $1.18746 being high and $1.1569 being low. For GAP, this leads to a yearly average estimate of $1.17161. The surprise factor in the prior quarter was $0.18. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.33. The average estimate for the next quarter is thus $0.37.
