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An In-Depth Look At The Gap Inc. (GPS)

The Gap Inc. (NYSE:GPS) has a beta value of 1.90 and has seen 5.01 million shares traded in the last trading session. The company, currently valued at $4.68B, closed the last trade at $13.32 per share which meant it lost -$0.16 on the day or -1.19% during that session. The GPS stock price is -38.59% off its 52-week high price of $18.46 and 41.52% above the 52-week low of $7.79. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.72 million shares traded. The 3-month trading volume is 8.43 million shares.

The consensus among analysts is that The Gap Inc. (GPS) is a Hold stock at the moment, with a recommendation rating of 3.20. 4 analysts rate the stock as a Sell, while 1 rate it as Overweight. 13 out of 22 have rated it as a Hold, with 2 advising it as a Buy. 2 have rated the stock as Underweight.

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The Gap Inc. (NYSE:GPS) trade information

Sporting -1.19% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, 01/24/23 when the GPS stock price touched $13.32 or saw a rise of 2.49%. Year-to-date, The Gap Inc. shares have moved 18.09%, while the 5-day performance has seen it change 3.82%. Over the past 30 days, the shares of The Gap Inc. (NYSE:GPS) have changed 11.56%. Short interest in the company has seen 29.31 million shares shorted with days to cover at 4.07.

Wall Street analysts have a consensus price target for the stock at $11.93, which means that the shares’ value could drop -11.65% from current levels. The projected low price target is $7.00 while the price target rests at a high of $18.00. In that case, then, we find that the current price level is -35.14% off the targeted high while a plunge would see the stock lose 47.45% from current levels.

The Gap Inc. (GPS) estimates and forecasts

Figures show that The Gap Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained 44.63% over the past 6 months, with this year growth rate of -116.67%, compared to -17.30% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2023 fiscal year revenue. Growth estimates for the current quarter are -100.00% and 550.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -6.40%.

14 analysts offering their estimates for the company have set an average revenue estimate of $3.79 billion for the current quarter. 14 have an estimated revenue figure of $4.49 billion for the next quarter concluding in Jan 2023.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -18.10% over the past 5 years. Earnings growth for 2023 is a modest 129.50% while over the next 5 years, the company’s earnings are expected to decrease by -7.98%.

GPS Dividends

The Gap Inc. is expected to release its next earnings report on November 17 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.60 at a share yield of 4.50%. The company’s dividend yield has gone up over the past 12 months.

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

Insiders own 51.03% of the company shares, while shares held by institutions stand at 60.46% with a share float percentage of 123.46%. Investors are also buoyed by the number of investors in a company, with The Gap Inc. having a total of 485 institutions that hold shares in the company. The top two institutional holders are Dodge & Cox Inc with over 38.61 million shares worth more than $318.14 million. As of Jun 29, 2022, Dodge & Cox Inc held 10.62% of shares outstanding.

The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 23.78 million shares as of Jun 29, 2022. The firm’s total holdings are worth over $195.93 million and represent 6.54% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Dodge & Cox Stock Fund and Vanguard Total Stock Market Index Fund. As of Sep 29, 2022, the former fund manager holds about 7.32% shares in the company for having 26.63 million shares of worth $218.65 million while later fund manager owns 7.62 million shares of worth $62.81 million as of Jun 29, 2022, which makes it owner of about 2.10% of company’s outstanding stock.

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