Gap, Inc [NYSE: GAP] slipped around -0.46 points on Tuesday, while shares priced at $21.90 at the close of the session, down -2.06%.
Compared to the average trading volume of 5.37M shares, GAP reached a trading volume of 5427182 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Gap, Inc [GAP]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GAP shares is $27.69 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GAP stock is a recommendation set at 2.24. 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.
Telsey Advisory Group have made an estimate for Gap, Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on August 30, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $18.50 to $25. The new note on the price target was released on July 31, 2024, representing the official price target for Gap, Inc stock. Previously, the target price had yet another raise from $27 to $29, while Morgan Stanley kept a Overweight rating on GAP stock. On June 25, 2024, analysts increased their price target for GAP shares from 28 to 30.
The Average True Range (ATR) for Gap, Inc is set at 0.75, with the Price to Sales ratio for GAP stock in the period of the last 12 months amounting to 0.54. The Price to Book ratio for the last quarter was 2.84, with the Price to Cash per share for the same quarter was set at 5.70. Price to Free Cash Flow for GAP in the course of the last twelve months was 6.98 with Quick ratio for the last quarter at 0.84.
How has GAP stock performed recently?
Gap, Inc [GAP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.83. With this latest performance, GAP shares gained by 0.50% in over the last four-week period, additionally plugging by 1.77% over the last 6 months – not to mention a rise of 62.46% 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 GAP stock in for the last two-week period is set at 53.55, with the RSI for the last a single of trading hit 54.57, and the three-weeks RSI is set at 52.29 for Gap, Inc [GAP]. The present Moving Average for the last 50 days of trading for this stock 21.16, while it was recorded at 21.86 for the last single week of trading, and 22.30 for the last 200 days.
Gap, Inc [GAP]: Deeper insight into the fundamentals
Gap, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.84 and a Current Ratio set at 1.49.
Earnings analysis for Gap, Inc [GAP]
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 GAP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gap, Inc go to 48.00%.
Insider trade positions for Gap, Inc [GAP]
There are presently around $64.49%, or 108.92%% of GAP stock, in the hands of institutional investors.
