GAP (NYSE:GAP) Price Target Raised to $25.00

GAP (NYSE:GAP) had its target price upped by UBS Group from $23.00 to $25.00 in a research report report published on Monday morning,Benzinga reports. They currently have a neutral rating on the stock.

Several other analysts have also recently weighed in on GAP. The Goldman Sachs Group cut their price objective on GAP from $28.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. Wells Fargo & Company dropped their price target on GAP from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Friday, August 29th. Evercore ISI increased their price objective on GAP from $24.00 to $25.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Jefferies Financial Group set a $22.00 target price on shares of GAP in a report on Thursday, September 4th. Finally, Morgan Stanley upped their target price on shares of GAP from $28.00 to $30.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Seven analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $26.06.

GAP Stock Performance

Shares of GAP stock opened at $24.91 on Monday. The firm has a market capitalization of $9.24 billion, a price-to-earnings ratio of 10.65, a PEG ratio of 2.70 and a beta of 2.17. The stock has a fifty day moving average of $22.57 and a 200 day moving average of $22.41. GAP has a 52 week low of $16.99 and a 52 week high of $29.29. The company has a quick ratio of 0.96, a current ratio of 1.68 and a debt-to-equity ratio of 0.43.

GAP (NYSE:GAP) last issued its quarterly earnings data on Thursday, August 28th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. The business had revenue of $3.73 billion during the quarter, compared to analyst estimates of $3.73 billion. GAP had a net margin of 5.86% and a return on equity of 27.04%. The company’s revenue for the quarter was up .1% on a year-over-year basis. During the same period in the prior year, the business earned $0.54 EPS. GAP has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts expect that GAP will post 2.02 earnings per share for the current year.

GAP Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 7th will be given a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, January 7th. This represents a $0.66 annualized dividend and a yield of 2.6%. GAP’s dividend payout ratio is 28.21%.

Insider Buying and Selling at GAP

In other news, Director Robert J. Fisher sold 500,000 shares of the firm’s stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $22.90, for a total transaction of $11,450,000.00. Following the sale, the director owned 2,829,502 shares of the company’s stock, valued at $64,795,595.80. This trade represents a 15.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William Sydney Fisher sold 200,000 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $23.86, for a total transaction of $4,772,000.00. Following the transaction, the director directly owned 3,253,453 shares of the company’s stock, valued at $77,627,388.58. The trade was a 5.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 943,064 shares of company stock worth $22,011,784. Company insiders own 31.00% of the company’s stock.

Institutional Investors Weigh In On GAP

Large investors have recently added to or reduced their stakes in the stock. Dodge & Cox bought a new stake in shares of GAP in the first quarter worth $592,222,000. Ameriprise Financial Inc. increased its position in shares of GAP by 42.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,407,809 shares of the company’s stock valued at $96,134,000 after purchasing an additional 1,318,322 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of GAP by 3.8% in the 2nd quarter. Geode Capital Management LLC now owns 4,166,545 shares of the company’s stock worth $91,399,000 after purchasing an additional 151,297 shares during the period. LSV Asset Management boosted its holdings in shares of GAP by 4.9% in the third quarter. LSV Asset Management now owns 3,341,701 shares of the company’s stock worth $71,479,000 after buying an additional 157,224 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in GAP by 5.3% during the second quarter. Bank of New York Mellon Corp now owns 2,899,563 shares of the company’s stock valued at $63,239,000 after buying an additional 145,427 shares during the period. Institutional investors own 58.81% of the company’s stock.

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.