There Is A Quest For Clarity Surrounding Gap, Inc. (NYSE: GPS) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Zac Posen Named EVP, Creative Director of Gap Inc. and Chief Creative Officer of Old Navy.

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Stocks Info

This NYSE-listed company operates within the Apparel Retail industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $19.78 and fluctuated between $20.06 as its day high and $19.60 as its day low. The current market capitalization of Gap, Inc. is $7.34B. A total of 4.21 million shares were traded on the day, compared to an average of 8.60M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, GPS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 41 BUYs and 41 SELLs from insiders. Insiders purchased 1,473,120 shares during that period but sold 1,299,372.

In the most recent transaction, FISHER JOHN J sold 1,021,670 shares of GPS for 21.69 per share on Dec 08. After the transaction, the 10% Owner now owns 2,771,516 company shares. In a previous transaction on Dec 07, FISHER JOHN J sold 478,330 shares at 21.38 per share. GPS shares that 10% Owner owns now total 3,793,186.

Among the insiders who sold shares, Gruber Julie disposed of 24,178 shares on Dec 07 at a per-share price of $21.50. This resulted in the Chief Legal&Compliance Officer holding 24,375 shares of GPS after the transaction. In another insider transaction, Barbeito Horacio sold 271 shares at $20.10 per share on Dec 01. Company shares held by the President & CEO, Old Navy now total 0.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Gap, Inc. pays an annual dividend of $0.59, resulting in a dividend yield of 2.98%, and it has a price to earnings (P/E) ratio of 194.49. GPS’s most recent ex-dividend date was 1/2/2024 when it declared a $0.15 quarterly dividend that was paid in cash on 1/31/2024. Previously, the company paid the dividend on 10/25/2023 with an ex-dividend date of 10/3/2023. The GPS stock dividend was $0.15 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for GPS in the last 3 months, the mean price target is $18.53 with high estimates of $26.00 and low estimates of $8.00. In terms of 52-week highs and lows, GPS has a high of $22.08 and a low of $7.22.

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

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $6.63, while its Total Shareholder’s Equity was $2.72B.

Analysts Opinion

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. 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 3.33.

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