The Gap, Inc. (NYSE:GAP) Receives Consensus Rating of “Hold” from Brokerages

Shares of The Gap, Inc. (NYSE:GAP) have been assigned a consensus rating of “Hold” from the eighteen analysts that are covering the stock, Marketbeat reports. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $26.0625.

Several research firms have weighed in on GAP. Barclays lowered shares of GAP from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $24.00 to $19.00 in a research note on Friday, August 22nd. Telsey Advisory Group cut their price objective on GAP from $26.00 to $24.00 and set a “market perform” rating for the company in a report on Tuesday, September 2nd. Evercore ISI lifted their price objective on GAP from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of GAP in a research report on Wednesday, October 8th. Finally, Citigroup raised their price target on GAP from $22.00 to $23.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th.

Insider Buying and Selling

In related news, Director Robert J. Fisher sold 500,000 shares of GAP stock in a transaction on 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 sale, the director owned 2,829,502 shares of the company’s stock, valued at approximately $64,795,595.80. The trade was a 15.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William Sydney Fisher sold 200,000 shares of the company’s stock in a transaction on 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 owned 3,253,453 shares of the company’s stock, valued at $77,627,388.58. This represents a 5.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 943,064 shares of company stock valued at $22,011,784 over the last quarter. Corporate insiders own 30.56% of the company’s stock.

Hedge Funds Weigh In On GAP

Institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp bought a new stake in shares of GAP during the 1st quarter worth about $56,763,000. New Mexico Educational Retirement Board acquired a new stake in GAP in the 1st quarter worth approximately $892,000. Nisa Investment Advisors LLC bought a new stake in GAP during the first quarter worth approximately $832,000. New York State Common Retirement Fund acquired a new position in GAP during the first quarter valued at approximately $2,351,000. Finally, Teachers Retirement System of The State of Kentucky bought a new position in shares of GAP in the first quarter valued at approximately $1,418,000. 58.81% of the stock is currently owned by institutional investors.

GAP Stock Performance

Shares of GAP stock opened at $24.00 on Friday. The stock’s fifty day simple moving average is $22.52 and its 200-day simple moving average is $22.39. The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of 10.26, a P/E/G ratio of 2.70 and a beta of 2.17. The company has a current ratio of 1.68, a quick ratio of 0.96 and a debt-to-equity ratio of 0.43. GAP has a 1-year low of $16.99 and a 1-year high of $29.29.

GAP (NYSE:GAP) last released its earnings results on Thursday, August 28th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.02. The company had revenue of $3.73 billion for the quarter, compared to analysts’ expectations of $3.73 billion. GAP had a return on equity of 27.04% and a net margin of 5.86%.The business’s revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.54 EPS. GAP has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that GAP will post 2.02 earnings per share for the current fiscal year.

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.