With 58.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.88 million shares. The 52-week range on GAP shows that it touched its highest point at $30.75 and its lowest point at $16.99 during that stretch. It currently has a 1-year price target of $27.27. With its current market cap of 8.40 billion, GAP has annualized dividend of $0.61 while the current yield stands at 2.76%. Beta for the stock currently stands at 2.29.
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 -22.78%, but this was up by 1.87% over a month. Three-month performance dropped to -1.33% while six-month performance fell -10.15%. The stock gained 9.63% in the past year, while it has lost -5.59% so far this year. A look at the trailing 12-month EPS for GAP yields 2.29 with Next year EPS estimates of 2.37. For the next quarter, that number is 0.55. This implies an EPS growth rate of 0.76% for this year and 7.12% for next year. EPS is expected to grow by 5.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 18.81%.
Float and Shares Shorts:
At present, 374.00 million GAP shares are outstanding with a float of 243.74 million shares on hand for trading.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.28547 being high and $1.15373 being low. For GAP, this leads to a yearly average estimate of $1.17161.
