The Gap, Inc. (NYSE:GAP) Given Average Recommendation of “Moderate Buy” by Brokerages

The Gap, Inc. (NYSE:GAP) has received an average rating of “Moderate Buy” from the eighteen research firms that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $28.7143.

Several research firms have recently issued reports on GAP. Wells Fargo & Company dropped their price target on shares of GAP from $30.00 to $26.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of GAP in a research note on Thursday, June 18th. The Goldman Sachs Group dropped their price target on shares of GAP from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, May 29th. Wall Street Zen downgraded shares of GAP from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Barclays dropped their price target on shares of GAP from $33.00 to $26.00 and set an “overweight” rating for the company in a research note on Friday, May 29th.

Insider Buying and Selling at GAP

In other news, insider Julie Gruber sold 5,302 shares of the stock in a transaction on Friday, April 17th. The shares were sold at an average price of $27.00, for a total transaction of $143,154.00. Following the completion of the sale, the insider directly owned 58,414 shares in the company, valued at $1,577,178. This represents a 8.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Eric Kayen Chan sold 13,377 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of $26.18, for a total transaction of $350,209.86. Following the sale, the insider owned 21,967 shares of the company’s stock, valued at approximately $575,096.06. This trade represents a 37.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 343,679 shares of company stock worth $8,741,864 over the last ninety days. Insiders own 31.00% of the company’s stock.

Institutional Investors Weigh In On GAP

Several large investors have recently modified their holdings of GAP. Cullen Frost Bankers Inc. acquired a new stake in shares of GAP during the fourth quarter worth $26,000. Plato Investment Management Ltd acquired a new stake in shares of GAP during the fourth quarter worth $28,000. V Square Quantitative Management LLC acquired a new stake in shares of GAP during the fourth quarter worth $31,000. EverSource Wealth Advisors LLC increased its position in shares of GAP by 177.0% during the second quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock worth $153,000 after buying an additional 4,483 shares during the period. Finally, Atlas Capital Advisors Inc. acquired a new stake in shares of GAP during the fourth quarter worth $203,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.

GAP Stock Performance

Shares of GAP stock opened at $20.90 on Friday. GAP has a fifty-two week low of $18.68 and a fifty-two week high of $29.36. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.81 and a quick ratio of 1.08. The firm has a market capitalization of $7.52 billion, a P/E ratio of 8.23, a P/E/G ratio of 1.21 and a beta of 2.03. The company’s 50 day moving average price is $22.90 and its two-hundred day moving average price is $25.15.

GAP (NYSE:GAP) last issued its earnings results on Thursday, May 28th. The company reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The company had revenue of $3.50 billion during the quarter, compared to analyst estimates of $3.52 billion. GAP had a net margin of 6.25% and a return on equity of 21.13%. The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 EPS. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. On average, equities analysts forecast that GAP will post 2.33 earnings per share for the current fiscal year.

GAP Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 29th. Stockholders of record on Wednesday, July 8th will be paid a dividend of $0.175 per share. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $0.70 annualized dividend and a dividend yield of 3.3%. GAP’s dividend payout ratio (DPR) is presently 27.56%.

GAP Company Profile

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.