Gap, Inc. (GAP) Suffers From Weak Fundamental Momentum

ZM Stock

Gap, Inc. (NYSE:GAP) has a beta value of 2.34 and has seen 1.11 million shares traded in the recent trading session. The company, currently valued at $8.53B, closed the recent trade at $22.73 per share which meant it gained $0.3 on the day or 1.34% during that session. The GAP stock price is -35.28% off its 52-week high price of $30.75 and 57.28% above the 52-week low of $9.71. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.4 million shares traded. The 3-month trading volume is 7.84 million shares.

Gap, Inc. (NYSE:GAP) trade information

Sporting 1.34% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GAP stock price touched $22.73 or saw a rise of 7.22%. Year-to-date, Gap, Inc. shares have moved 8.70%, while the 5-day performance has seen it change -2.61%. Over the past 30 days, the shares of Gap, Inc. (NYSE:GAP) have changed 4.75%. Short interest in the company has seen 29.97 million shares shorted with days to cover at 4.35.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Wall Street analysts have a consensus price target for the stock at $26, which means that the shares’ value could jump 12.58% from the levels at last check today. The projected low price target is $26.0 while the price target rests at a high of $26.0. In that case, then, we find that the latest price level in today’s session is -14.39% off the targeted high while a plunge would see the stock gain -14.39% from the levels at last check today.

Gap, Inc. (GAP) estimates and forecasts

Figures show that Gap, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained 18.26% over the past 6 months, with this year growth rate of 25.87%, compared to 14.80% for the industry. Revenue growth from the last financial year stood is estimated to be 0.50%.

14 analysts offering their estimates for the company have set an average revenue estimate of 3.82B for the current quarter. 14 have an estimated revenue figure of 4.04B for the next ending quarter.

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 -12.38% over the past 5 years. Earnings growth for 2024 is a modest 32.42% while over the next 5 years, the company’s earnings are expected to increase by 14.40%.

GAP Dividends

Gap, Inc. is expected to release its next earnings report on 2024-Nov-14 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 2.64%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.21%.

Gap, Inc. (NYSE:GAP)’s Major holders

Insiders own 40.82% of the company shares, while shares held by institutions stand at 64.12% with a share float percentage of 108.35%. Investors are also buoyed by the number of investors in a company, with Gap, Inc. having a total of 617.0 institutions that hold shares in the company.