In the latest trading session, 1.57 million Gap, Inc. (NYSE:GPS) shares changed hands as the company’s beta touched 2.28. With the company’s most recent per share price at $22.76 changing hands around $0.55 or 2.50% at last look, the market valuation stands at $8.50B. GPS’s current price is a discount, trading about -25.62% off its 52-week high of $28.59. The share price had its 52-week low at $7.22, which suggests the last value was 68.28% up since then. When we look at Gap, Inc.’s average trading volume, we note the 3-month average coming to 8.23 million.
Gap, Inc. (NYSE:GPS) trade information
Instantly GPS is in green as seen in intraday trades today. With action 10.94%, the performance over the past five days has been green. The jump to weekly highs of 23.14 added 2.50% to the stock’s daily price. The company’s shares are showing year-to-date upside of 8.87%, with the 5-day performance at 10.94% in the green. However, in the 30-day time frame, Gap, Inc. (NYSE:GPS) is -3.05% down.
Gap, Inc. (GPS) estimates and forecasts
Data shows that the Gap, Inc. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 62.14% over the past 6 months, a -4.90% in annual growth rate that is considerably lower than the industry average of 8.10%. Year-over-year growth is forecast to reach -0.50% down from the last financial year.
Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 3.28B. 14 analysts are of the opinion that Gap, Inc.’s revenue for the current quarter will be 3.56B.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -12.38%. The 2024 estimates are for Gap, Inc. earnings to decrease by -1.45%, but the outlook for the next 5-year period is at 14.40% per year.
GPS Dividends
Gap, Inc. is expected to release its next quarterly earnings report in June. The 2.64% annual yield figure for the share gives it an annual dividend of 0.60. It is important to note, however, that the 2.64% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
