Is The Gap Inc. (NYSE: GPS)’s Stock Ready To Increase In Value? – Marketing Sentinel
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Is The Gap Inc. (NYSE: GPS)’s Stock Ready To Increase In Value?

In today’s recent session, 2.4 million shares of the The Gap Inc. (NYSE:GPS) have been traded, and its beta is 1.66. Most recently the company’s share price was $8.82, and it changed around $0.0 or 0.00% from the last close, which brings the market valuation of the company to $3.16B. GPS at last check was trading at a discount to its 52-week high of $34.49, offering almost -291.04% off that amount. The share price’s 52-week low was $8.74, which indicates that the recent value has risen by an impressive 0.91% since then. We note from The Gap Inc.’s average daily trading volume that its 10-day average is 10.5 million shares, with the 3-month average coming to 10.86 million.

The Gap Inc. stock received a consensus recommendation rating of a Hold, based on a mean score of 2.80. If we narrow it down even further, the data shows that 4 out of 22 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 11 recommended GPS as a Hold, whereas 4 deemed it a Buy, and 3 rated it as Underweight. The Gap Inc. is expected to report earnings per share of -$0.11 for the current quarter.

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The Gap Inc. (NYSE:GPS) trade information

Instantly GPS has been showing red trend so far today with a performance of 0.00% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 9.44 on Tuesday, 06/21/22 increased the stock’s daily price by 6.57%. The company’s shares are currently down -50.03% year-to-date, but still down -2.33% over the last five days. On the other hand, The Gap Inc. (NYSE:GPS) is -21.18% down in the 30-day period. We can see from the shorts that 22.77 million shares have been sold at a short interest cover period of 2.15 day(s).

The consensus price target as assigned by Wall Street analysts is $10.73, which translates to bulls needing to increase their stock price by 17.8% from its current value. Analyst projections state that GPS is forecast to be at a low of $7.00 and a high of $18.00. In order for the stock price to hit the forecast high, the stock would need to plunge -104.08% from its current level, while the stock would need to crash 20.63% from its current level to reach the projected low.

The Gap Inc. (GPS) estimates and forecasts

The Gap Inc. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -47.56 percent over the past six months and at a -71.53% annual growth rate that is well below the industry average of -8.10%. Moreover, analysts have decided to roll up on their fiscal year 2022 revenue estimates. The rating firms predict that it will loss -122.90% in revenue this quarter, and will report a decrease of -35.70% in the next quarter. The year-over-year growth rate is expected to be -2.00%, down from the previous year.

Consensus estimates provided by 15 financial analysts predict the company will bring in an average of $3.48 billion in revenue for the current quarter. 15 analysts expect The Gap Inc. to make $3.98 billion in revenue for the quarter ending Jul 2022.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -18.10%. The Gap Inc. earnings are expected to increase by 129.50% in 2022, but the outlook is negative -9.40% per year for the next five years.

GPS Dividends

The Gap Inc.’s next quarterly earnings report is expected to be released around March 02 and March 07. The annual dividend yield of the stock is 6.80 percent and its annual dividend per share was 0.60. It is important to note, however, that the 6.80% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

The Gap Inc. (NYSE:GPS)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 45.05% of The Gap Inc. shares, and 61.86% of them are in the hands of institutional investors. The stock currently has a share float of 112.56%. The Gap Inc. stock is held by 532 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Dec 30, 2021, it held 7.49% of the shares, which is about 27.7 million shares worth $488.82 million.

Dodge & Cox Inc, with 6.62% or 24.49 million shares worth $432.26 million as of Dec 30, 2021, holds the second largest percentage of outstanding shares.

Dodge & Cox Stock Fund and JP Morgan Equity Income Fund were the top two Mutual Funds as of Dec 30, 2021. The former held 17.58 million shares worth $310.33 million, making up 4.75% of all outstanding shares. On the other hand, JP Morgan Equity Income Fund held roughly 10.7 million shares worth around $188.88 million, which represents about 2.89% of the total shares outstanding.

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