The Gap Inc. [NYSE: GPS] loss -1.57% on the last trading session, reaching $8.76 price per share at the time. The company report on July 11, 2022 that Gap Inc. Announces CEO Sonia Syngal to Step Down and the Appointment of Horacio “Haio” Barbeito as President and CEO of Old Navy.
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Executive Chairman Bob Martin to Serve as Interim Gap Inc. Chief Executive Officer.
The Gap Inc. represents 370.00 million in outstanding shares, while the company has a total market value of $3.21 billion with the latest information. GPS stock price has been found in the range of $8.52 to $8.92.
If compared to the average trading volume of 11.06M shares, GPS reached a trading volume of 6964945 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about The Gap Inc. [GPS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GPS shares is $11.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GPS stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for The Gap Inc. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on May 27, 2022. While these analysts kept the previous recommendation, JP Morgan raised their target price from $11 to $9. The new note on the price target was released on May 27, 2022, representing the official price target for The Gap Inc. stock. Previously, the target price had yet another drop from $13 to $8, while Citigroup kept a Sell rating on GPS stock.
The Average True Range (ATR) for The Gap Inc. is set at 0.48, with the Price to Sales ratio for GPS stock in the period of the last 12 months amounting to 0.20. The Price to Book ratio for the last quarter was 1.32, with the Price to Cash per share for the same quarter was set at 2.30.
Trading performance analysis for GPS stock
The Gap Inc. [GPS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.18. With this latest performance, GPS shares dropped by -17.44% in over the last four-week period, additionally sinking by -52.80% over the last 6 months – not to mention a drop of -72.91% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GPS stock in for the last two-week period is set at 40.77, with the RSI for the last a single of trading hit 43.35, and the three-weeks RSI is set at 39.85 for The Gap Inc. [GPS]. The present Moving Average for the last 50 days of trading for this stock 10.52, while it was recorded at 8.76 for the last single week of trading, and 16.21 for the last 200 days.
The Gap Inc. [GPS]: A deeper dive into fundamental analysis
The Gap Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.40.
The Gap Inc. [GPS]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GPS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Gap Inc. go to -9.40%.
An analysis of insider ownership at The Gap Inc. [GPS]
There are presently around $1,854 million, or 59.30% of GPS stock, in the hands of institutional investors. The top three institutional holders of GPS stocks are: DODGE & COX with ownership of 38,361,478, which is approximately 56.638% of the company’s market cap and around 9.30% of the total institutional ownership; VANGUARD GROUP INC, holding 25,362,875 shares of the stock with an approximate value of $222.18 million in GPS stocks shares; and JPMORGAN CHASE & CO, currently with $208.54 million in GPS stock with ownership of nearly -32.163% of the company’s market capitalization.
173 institutional holders increased their position in The Gap Inc. [NYSE:GPS] by around 45,399,986 shares. Additionally, 214 investors decreased positions by around 52,556,251 shares, while 52 investors held positions by with 113,657,802 shares. The mentioned changes placed institutional holdings at 211,614,039 shares, according to the latest SEC report filing. GPS stock had 57 new institutional investments in for a total of 6,655,488 shares, while 82 institutional investors sold positions of 8,662,888 shares during the same period.