GAP (NYSE:GAP) Price Target Raised to $26.00 at Telsey Advisory Group

GAP (NYSE:GAP) had its price target lifted by Telsey Advisory Group from $24.00 to $26.00 in a research note issued to investors on Friday morning, MarketBeat.com reports. They currently have a market perform rating on the stock. Telsey Advisory Group also issued estimates for GAP’s Q4 2026 earnings at $0.43 EPS, FY2026 earnings at $2.12 EPS, Q1 2027 earnings at $0.47 EPS, Q3 2027 earnings at $0.68 EPS, Q4 2027 earnings at $0.49 EPS and FY2027 earnings at $2.23 EPS.

A number of other research firms also recently commented on GAP. Zacks Research raised GAP from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. BTIG Research began coverage on shares of GAP in a report on Tuesday, October 14th. They issued a “buy” rating and a $30.00 price target on the stock. JPMorgan Chase & Co. increased their price objective on GAP from $29.00 to $32.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Evercore ISI lifted their target price on shares of GAP from $24.00 to $25.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Finally, Bank of America upped their price objective on shares of GAP from $23.00 to $27.00 and gave the company a “neutral” rating in a research note on Friday. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $27.43.

GAP Price Performance

Shares of GAP traded up $1.90 during trading hours on Friday, reaching $24.96. The company had a trading volume of 22,746,885 shares, compared to its average volume of 9,209,983. The firm has a 50 day simple moving average of $22.58 and a 200-day simple moving average of $22.49. GAP has a 12-month low of $16.99 and a 12-month high of $29.29. The company has a current ratio of 1.68, a quick ratio of 0.96 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $9.26 billion, a price-to-earnings ratio of 10.67, a PEG ratio of 2.70 and a beta of 2.17.

GAP (NYSE:GAP) last announced its quarterly earnings results on Thursday, November 20th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.58 by $0.04. GAP had a return on equity of 27.04% and a net margin of 5.86%.The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.90 billion. During the same quarter in the previous year, the company earned $0.72 EPS. The company’s quarterly revenue was up 3.0% on a year-over-year basis. GAP has set its FY 2025 guidance at EPS. Research analysts expect that GAP will post 2.02 earnings per share for the current year.

GAP Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 7th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, January 7th. GAP’s dividend payout ratio (DPR) is presently 28.21%.

Insider Buying and Selling at GAP

In other news, Director William Sydney Fisher sold 200,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $23.86, for a total transaction of $4,772,000.00. Following the completion of the sale, the director directly owned 3,253,453 shares in the company, valued at $77,627,388.58. This trade represents a 5.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert J. Fisher sold 500,000 shares of the stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $22.90, for a total value of $11,450,000.00. Following the completion of the transaction, the director directly owned 2,829,502 shares of the company’s stock, valued at $64,795,595.80. This represents a 15.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 943,064 shares of company stock worth $22,011,784 in the last ninety days. 30.56% of the stock is currently owned by insiders.

Institutional Investors Weigh In On GAP

Several hedge funds and other institutional investors have recently bought and sold shares of GAP. Root Financial Partners LLC acquired a new position in shares of GAP in the 3rd quarter valued at approximately $27,000. Cornerstone Planning Group LLC bought a new stake in shares of GAP in the third quarter worth $35,000. Brooklyn Investment Group acquired a new stake in GAP in the first quarter valued at $80,000. Covestor Ltd bought a new position in GAP during the 1st quarter valued at $82,000. Finally, Plato Investment Management Ltd bought a new position in GAP during the 1st quarter valued at $121,000. 58.81% of the stock is currently owned by hedge funds and other institutional investors.

GAP Company Profile

Gap, Inc operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. 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.