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Gap Inc (GAP)
NYSE:GAP
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GAP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.71 - $30.75
Previous Close$20.41
Volume2.88M
Average Volume (3M)6.50M
Market Cap
$7.89B
Enterprise Value$10.99B
Total Cash (Recent Filing)$2.15B
Total Debt (Recent Filing)$5.46B
Price to Earnings (P/E)10.1
Beta1.72
Next Earnings
Nov 20, 2024EPS Estimate
$0.57Next Dividend Ex-Date
Oct 09, 2024Dividend Yield2.89%
Share Statistics
EPS (TTM)2.02
Shares Outstanding376,316,912
10 Day Avg. Volume5,668,239
30 Day Avg. Volume6,496,669
Standard Deviation0.20
R-Squared0.38
Alpha-0.00108
Financial Highlights & Ratios
Price to Book (P/B)2.65
Price to Sales (P/S)0.51
Price to Cash Flow (P/CF)3.60
P/FCF Ratio4.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.72
Enterprise Value/Gross Profit1.90
Enterprise Value/Ebitda9.43
Forecast
1Y Price Target
$29.30Price Target Upside39.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Gap Inc News
Bulls Say, Bears Say
Bulls Say
EarningsGap delivered another sizable earnings beat with sales ~3% ahead and EPS ~32% ahead of consensus as brand reinvigoration and organizational efficiency efforts each made continued progress.
Management GuidanceManagement raised its 2024 guidance range, with sales up slightly on a 52-week basis, gross margin +200bp, and SG&A of $5.1B, implying EPS in the ~$1.80 range.
Market PerformanceOld Navy outperformed with a 5% increase in same-store-sales, making it the #1 Kids/Babies brand in the US.
Bears Say
Operational CostsSignificant SG&A reduction opportunity may be difficult to achieve due to rising costs like labor.
Sales Guidance3Q24 sales guide of 'up slightly' was less upbeat.
Sales PerformanceLack of confidence in consistent positive sales keeps the rating at Neutral.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Gap Inc
Desktop Users
Mobile Users
GAP FAQ
What was Gap Inc’s price range in the past 12 months?
Gap Inc lowest stock price was $9.71 and its highest was $30.75 in the past 12 months.
What is Gap Inc’s market cap?
Currently, no data Available
When is Gap Inc’s upcoming earnings report date?
Gap Inc’s upcoming earnings report date is Nov 20, 2024 which is in 55 days.
How were Gap Inc’s earnings last quarter?
Gap Inc released its earnings results on Aug 29, 2024. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.407 by $0.133.
Is Gap Inc overvalued?
According to Wall Street analysts Gap Inc’s price is currently Undervalued.
Does Gap Inc pay dividends?
Gap Inc pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 2.89%. See more information on Gap Inc dividends here
What is Gap Inc’s EPS estimate?
Gap Inc’s EPS estimate is $0.57.
How many shares outstanding does Gap Inc have?
Gap Inc has 376,316,930 shares outstanding.
What happened to Gap Inc’s price movement after its last earnings report?
Gap Inc reported an EPS of $0.54 in its last earnings report, beating expectations of $0.407. Following the earnings report the stock price went down -1.623%.
Which hedge fund is a major shareholder of Gap Inc?
Among the largest hedge funds holding Gap Inc’s share is Dodge & Cox. It holds Gap Inc’s shares valued at 692M.
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Gap Inc Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$29.30 (39.79% Upside)
$29.30 (39.79% Upside)
Blogger Sentiment
Bullish
GAP Sentiment 62%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 9.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $68.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
106.03%
12-Months-Change
Fundamentals
Return on Equity
29.71%
Trailing 12-Months
Asset Growth
6.07%
Trailing 12-Months
Company Description
Gap Inc
Gap, Inc. operates as a global apparel retail company. It offers apparel, accessories, and personal care products for men, women and children. The company operates through segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Intermix. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody and GapFit collections. The Old Navy Global segment offers clothing and accessories for adults and children. The Banana Republic Global segment provides clothing, eyewear, jewelry, shoes, handbags and fragrances. The Athleta segment offers fitness apparel for women. The Intermix segment features styles from various designers. Gap was founded by Donald G. Fisher and Doris F. Fisher in July 1969 and is headquartered in San Francisco, CA.
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GAP Company Deck
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GAP Earnings Call
Q2 2024
0:00 / 0:00
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GAP Stock 12 Month Forecast
Average Price Target
$29.30
▲(39.79% Upside)
Technical Analysis
Best Analysts Covering GAP
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+40.36%
reiterated a buy rating 7 months ago
Copying Robert Drbul's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +40.36% per trade.
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