In Friday’s Wall Street session, Gap, Inc (NYSE:GAP) shares traded at $20.13, down -3.03% from the previous session.
GAP stock price is now -12.15% away from the 50-day moving average and -12.16% away from the 200-day moving average. The market capitalization of the company currently stands at $7.59B.
With the price target maintained at $27, Argus recently Upgraded its rating from Hold to Buy for Gap, Inc (NYSE: GAP). On January 10, 2025, UBS Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock increasing its target price from $16 to quote $26, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, KATRINA O’CONNELL, Officer bought 80,029 shares of the company’s stock on Mar 14 ’25. The stock was bought for $1,628,737 at an average price of $20.35. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’25, Director Donohue Elisabeth B sold 3,539 shares of the business’s stock. A total of $74,464 was realized by selling the stock at an average price of $21.04. This leaves the insider owning 4,000 shares of the company worth $80520.0. A total of 34.96% of the company’s stock is owned by insiders.
During the past 12 months, Gap, Inc has had a low of $18.54 and a high of $30.75. As of last week, the company has a debt-to-equity ratio of 1.68, a current ratio of 1.60, and a quick ratio of 0.96. According to the stock market information, the enterprise value for the company is $10476010496, which is based on a 9.13 price-to-earnings ratio, a 1.17 price-to-earnings-growth ratio, and a beta of 2.11. The fifty day moving average price for GAP is $22.914 and a two-hundred day moving average price translates $22.9165 for the stock.
The latest earnings results from Gap, Inc (NYSE: GAP) was released for 2025-02-01. The net profit margin was 5.59% and return on equity was 28.81% for GAP. The company reported revenue of $3.83 billion for the quarter, compared to $3.77 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.65 percent.
