With 9.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 11.95 million shares. The 52-week range on GAP shows that it touched its highest point at $29.29 and its lowest point at $16.99 during that stretch. It currently has a 1-year price target of $27.20. With its current market cap of 8.19 billion, GAP has annualized dividend of $0.61 while the current yield stands at 2.80%. Beta for the stock currently stands at 2.17.
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 -1.61%, but this was down by -5.67% over a month. Three-month performance dropped to -5.18% while six-month performance fell -14.89%. The stock lost -18.28% in the past year, while it has lost -7.11% so far this year. A look at the trailing 12-month EPS for GAP yields 2.29 with Next year EPS estimates of 2.36. For the next quarter, that number is 0.55. This implies an EPS growth rate of 0.45% for this year and 6.89% 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 241.45 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 $1.18224 being high and $1.15971 being low. For GAP, this leads to a yearly average estimate of $1.17161.
