With 1.46 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.88 million shares. During the session, the Apparel Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $24.15 whereas the lowest price it dropped to was $23.7765. The 52-week range on GAP shows that it touched its highest point at $30.75 and its lowest point at $18.34 during that stretch. It currently has a 1-year price target of $29.00. With its current market cap of 9.07 billion, GAP has annualized dividend of $0.60 while the current yield stands at 2.50%. Beta for the stock currently stands at 2.36.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 down-trending over the past week, with a drop of -3.42%, but this was down by -3.38% over a month. Three-month performance surged to 17.74% while six-month performance fell -1.72%. The stock gained 13.51% in the past year, while it has gained 14.92% so far this year. A look at the trailing 12-month EPS for GAP yields 2.15 with Next year EPS estimates of 2.15. For the next quarter, that number is 0.36. This implies an EPS growth rate of 41.85% for this year and 5.82% 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, 377.00 million GAP shares are outstanding with a float of 245.41 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 0.64932996 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 $3829000000.0 and operating income of $355000000.0. The EBITDA in the recently reported quarter was $508000000.0 and diluted EPS was $0.72.
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 16.0, the average target price over the next 12 months is 28.585. Based on these targets, GAP could surge 45.65% to reach the target high and fall by -33.42% to reach the target low. Reaching the average price target will result in a growth of 18.96% from current levels.
Analysts have provided yearly estimates in a range of $1.22144 being high and $1.15604 being low. For GAP, this leads to a yearly average estimate of $1.17161. Based on analyst estimates, the high estimate for the next quarter is $0.47 and the low estimate is $0.47. The average estimate for the next quarter is thus $0.47.
