Gap, Inc [GAP] Is Currently 2.21 below its 200 Period Moving Avg: What Does This Mean?

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Gap, Inc [NYSE: GAP] price surged by 2.21 percent to reach at $0.53.

The one-year GAP stock forecast points to a potential upside of 15.31. The average equity rating for GAP stock is currently 2.24, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on 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 $29.00 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.

JP Morgan have made an estimate for Gap, Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on December 02, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $29 to $26. The new note on the price target was released on August 30, 2024, representing the official price target for Gap, Inc stock. Previously, the target price had yet another raise from $18.50 to $25, while BofA Securities kept a Neutral rating on GAP stock. On July 18, 2024, analysts increased their price target for GAP shares from 27 to 29.

The Average True Range (ATR) for Gap, Inc is set at 0.91, with the Price to Sales ratio for GAP stock in the period of the last 12 months amounting to 0.61. The Price to Book ratio for the last quarter was 2.95, with the Price to Cash per share for the same quarter was set at 5.88. Price to Free Cash Flow for GAP in the course of the last twelve months was 8.36 with Quick ratio for the last quarter at 0.84.

GAP Stock Performance Analysis:

Gap, Inc [GAP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.11. With this latest performance, GAP shares dropped by -1.09% in over the last four-week period, additionally plugging by 2.21% over the last 6 months – not to mention a rise of 14.55% 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 54.83, with the RSI for the last a single of trading hit 54.08, and the three-weeks RSI is set at 55.37 for Gap, Inc [GAP]. The present Moving Average for the last 50 days of trading for this stock 23.11, while it was recorded at 24.12 for the last single week of trading, and 22.94 for the last 200 days.

Insight into Gap, Inc Fundamentals:

Gap, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.84 and a Current Ratio set at 1.54.

GAP Stock EPS

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%.

Gap, Inc [GAP] Institutonal Ownership Details

There are presently around $64.93%, or 109.67%% of GAP stock, in the hands of institutional investors.