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

The Gap, Inc. (NYSE:GAP) has been assigned an average recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the company, Marketbeat reports. Eight research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $28.00.

A number of research analysts recently issued reports on the stock. Weiss Ratings cut shares of GAP from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 7th. Bank of America cut their target price on GAP from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Friday, May 29th. TD Cowen reduced their target price on GAP from $32.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Jefferies Financial Group decreased their price target on GAP from $32.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, May 29th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $21.00 price target on shares of GAP in a report on Monday, July 6th.

Insider Buying and Selling

In other GAP news, insider Julie Gruber sold 5,302 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $27.00, for a total transaction of $143,154.00. Following the completion of the transaction, the insider owned 58,414 shares of the company’s stock, valued at approximately $1,577,178. The trade was a 8.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 31.00% of the company’s stock.

Institutional Investors Weigh In On GAP

A number of hedge funds have recently made changes to their positions in GAP. Ameriprise Financial Inc. increased its holdings in GAP by 42.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,407,809 shares of the company’s stock worth $96,134,000 after purchasing an additional 1,318,322 shares in the last quarter. Miller Howard Investments Inc. NY boosted its stake in shares of GAP by 112.2% during the first quarter. Miller Howard Investments Inc. NY now owns 1,704,021 shares of the company’s stock valued at $41,237,000 after purchasing an additional 900,855 shares in the last quarter. Jump Financial LLC boosted its stake in shares of GAP by 2,197.8% during the third quarter. Jump Financial LLC now owns 645,150 shares of the company’s stock valued at $13,800,000 after purchasing an additional 617,073 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of GAP by 13.0% during the fourth quarter. Bank of New York Mellon Corp now owns 3,195,934 shares of the company’s stock worth $81,816,000 after purchasing an additional 368,191 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of GAP during the fourth quarter worth about $4,801,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.

GAP Trading Up 1.3%

GAP opened at $20.07 on Wednesday. The stock has a market capitalization of $7.22 billion, a price-to-earnings ratio of 7.90, a P/E/G ratio of 1.17 and a beta of 2.04. The company has a quick ratio of 1.08, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. GAP has a twelve month low of $18.11 and a twelve month high of $29.36. The company has a 50-day simple moving average of $21.19 and a 200 day simple moving average of $24.41.

GAP (NYSE:GAP) last released its earnings results on Thursday, May 28th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.01). The firm had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.52 billion. GAP had a net margin of 6.25% and a return on equity of 21.13%. GAP’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.51 earnings per share. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. Analysts predict that GAP will post 2.34 EPS for the current fiscal year.

GAP Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 29th. Shareholders of record on Wednesday, July 8th will be given a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, July 8th. GAP’s payout ratio is currently 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.