Gap, Inc. (NYSE: GPS) kicked off on November 20, 2023, at the price of $17.94, up 3.25% from the previous trading day. During the day, the shares moved up to $18.68 and dropped to $17.51 before settling in for the closing price of $17.85. Over the past 52 weeks, GPS has traded in a range of $7.22-$18.14.
Annual sales at Consumer Cyclical sector company grew by 0.42% over the past five years. While this was happening, its average annual earnings per share was recorded 372.63%. With a float of $209.55 million, this company’s outstanding shares have now reached $366.00 million.
Let’s look at the performance matrix of the company that is accounted for 95000 employees. In terms of profitability, gross margin is +34.05, operating margin of -0.62, and the pretax margin is -0.89.
Gap, Inc. (GPS) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Apparel Retail Industry. The insider ownership of Gap, Inc. is 43.35%, while institutional ownership is 64.49%. The most recent insider transaction that took place on Nov 03, was worth 121,968. In this transaction EVP Sup Chn, Strat & Transform of this company sold 8,712 shares at a rate of $14.00, taking the stock ownership to the 11,741 shares. Before that another transaction happened on Sep 01, when Company’s President & CEO, Old Navy sold 547 for $11.62, making the entire transaction worth $6,357. This insider now owns 0 shares in total.
Gap, Inc. (GPS) Latest Financial update
This company achieved a net margin of -1.29 while generating a return on equity of -8.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 149.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 372.63% per share during the next fiscal year.
Gap, Inc. (NYSE: GPS) Trading Performance Indicators
Take a look at Gap, Inc.’s (GPS) current performance indicators. Last quarter, stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46. Likewise, its price to free cash flow for the trailing twelve months is 5.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.15 in one year’s time.
Technical Analysis of Gap, Inc. (GPS)
Gap, Inc. (NYSE: GPS) saw its 5-day average volume 26.08 million, a positive change from its year-to-date volume of 8.65 million. As of the previous 9 days, the stock’s Stochastic %D was 81.01%. Additionally, its Average True Range was 0.82.
During the past 100 days, Gap, Inc.’s (GPS) raw stochastic average was set at 97.52%, which indicates a significant increase from 95.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.43% in the past 14 days, which was higher than the 61.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.04, while its 200-day Moving Average is $10.54. Nevertheless, the first resistance level for the watch stands at $18.90 in the near term. At $19.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.07. If the price goes on to break the first support level at $17.73, it is likely to go to the next support level at $17.04. The third support level lies at $16.56 if the price breaches the second support level.
Gap, Inc. (NYSE: GPS) Key Stats
The company with the Market Capitalisation of 6.82 billion has total of 368,100K Shares Outstanding. Its annual sales at the moment are 15,616 M in contrast with the sum of -202,000 K annual income. Company’s last quarter sales were recorded 3,548 M and last quarter income was 117,000 K.