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Friday, September 29, 2023

Today, The Gap Inc. (NYSE: GPS) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for The Gap Inc. (GPS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.03, or -0.26%, to $11.40. The The Gap Inc. has recorded 330,673 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Gap Inc. Reports Second Quarter Fiscal 2023 Results.

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Stocks Info

The company is listed on the NYSE and operates within the Apparel Retail industry segment. At the end of the last regular session, the stock closed at $11.43 and fluctuated between $11.57 as its day high and $11.33 as its day low. The current market capitalization of The Gap Inc. is $4.20B. A total of 6.67 million shares were traded on the day, compared to an average of 7.97M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, GPS has seen 13 BUY and 6 SELL insider trades, representing the acquisition of 750,586 and the disposition of 466,592 shares. Over the last 12 months, there were 43 BUYs and 45 SELLs from insiders. Insiders purchased 1,338,937 shares during that period but sold 1,264,876.

In the most recent transaction, O’Connell Katrina sold 24,509 shares of GPS for 10.36 per share on Aug 28. After the transaction, the EVP CFO now owns 0 company shares. In a previous transaction on Aug 02, Barbeito Horacio sold 154,599 shares at 10.26 per share. GPS shares that President & CEO, Old Navy owns now total 0.

Among the insiders who sold shares, Barbeito Horacio disposed of 790 shares on Jun 01 at a per-share price of $7.89. This resulted in the President & CEO, Old Navy holding 0 shares of GPS after the transaction. In another insider transaction, Breitbard Mark sold 22,918 shares at $8.78 per share on Mar 24. Company shares held by the President & CEO, Gap Brand now total 123,985.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. The Gap Inc. pays an annual dividend of $0.60, resulting in a dividend yield of 5.25%, and it has a price to earnings (P/E) ratio of 39.01. GPS’s most recent ex-dividend date was 10/3/2023 when it declared a $0.15 quarterly dividend that was paid in cash on 10/25/2023. Previously, the company paid the dividend on 7/26/2023 with an ex-dividend date of 7/3/2023. The GPS stock dividend was $0.15 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for GPS in the last 3 months, the mean price target is $10.74 with high estimates of $18.00 and low estimates of $6.00. In terms of 52-week highs and lows, GPS has a high of $15.49 and a low of $7.22.

As of this writing, GPS has an earnings estimate of $United Parcel Service, Inc. per share for the current quarter. EPS was calculated based on a consensus of Genius Group Limited estimates, with a high estimate of $Goldman Sachs Group, Inc. (The) per share and a lower estimate of $General Mills, Inc.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. GPS’s latest balance sheet shows that the firm has $877.00M in Cash & Short Term Investments as of fiscal 2022. There were $6.25B in debt and $4.08B in liabilities at the time. Its Book Value Per Share was $6.13, while its Total Shareholder’s Equity was $2.72B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GPS is Buy with a score of 2.92.

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