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

Shares of The Gap, Inc. (NYSE:GAP) have received an average rating of “Moderate Buy” from the eighteen research firms that are currently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $28.7143.

A number of research analysts recently commented on the company. Wall Street Zen cut GAP from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. 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 report on Friday, May 29th. TD Cowen decreased their price target on GAP from $32.00 to $26.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Telsey Advisory Group raised their price target on GAP from $32.00 to $34.00 and gave the stock an “outperform” rating in a research report on Monday, March 2nd. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $27.00 target price (down from $35.00) on shares of GAP in a research report on Friday, May 29th.

Insider Activity at GAP

In other news, insider Amanda J. Thompson sold 25,000 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $25.14, for a total transaction of $628,500.00. Following the sale, the insider directly owned 86,228 shares in the company, valued at approximately $2,167,771.92. The trade was a 22.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Sarah Gilligan sold 69,912 shares of GAP stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $25.00, for a total value of $1,747,800.00. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 413,591 shares of company stock valued at $10,489,664. Corporate insiders own 31.00% of the company’s stock.

Hedge Funds Weigh In On GAP

Institutional investors have recently added to or reduced their stakes in the business. LSV Asset Management lifted its stake in GAP by 3.6% in the fourth quarter. LSV Asset Management now owns 3,462,702 shares of the company’s stock valued at $88,645,000 after buying an additional 121,001 shares during the period. Quantbot Technologies LP acquired a new position in shares of GAP during the third quarter worth approximately $1,845,000. Bank of New York Mellon Corp raised its position 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 period. Quent Capital LLC raised its position in shares of GAP by 1,900.2% during the fourth quarter. Quent Capital LLC now owns 21,202 shares of the company’s stock worth $543,000 after purchasing an additional 20,142 shares during the period. Finally, Miller Howard Investments Inc. NY acquired a new position in shares of GAP during the fourth quarter worth approximately $20,561,000. 58.81% of the stock is owned by institutional investors and hedge funds.

GAP Stock Down 0.2%

GAP opened at $21.10 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 quick ratio of 1.08 and a current ratio of 1.81. The company has a market capitalization of $7.60 billion, a P/E ratio of 8.31, a P/E/G ratio of 1.25 and a beta of 2.03. The stock has a fifty day moving average of $23.22 and a 200-day moving average of $25.29.

GAP (NYSE:GAP) last posted 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). GAP had a return on equity of 21.13% and a net margin of 6.25%.The firm had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.52 billion. During the same period in the prior year, the business posted $0.51 EPS. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. On average, equities analysts expect that GAP will post 2.33 EPS for the current year.

GAP Announces Dividend

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 3.3%. The ex-dividend date is Wednesday, July 8th. GAP’s payout ratio is currently 27.56%.

About GAP

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.