GAP (NYSE:GAP) Receives Hold (C+) Rating from Weiss Ratings

Key Points

• GAP's stock has received a "hold (C+)" rating from Weiss Ratings, with other firms providing mixed reviews, including Bank of America increasing their price target to $23.00.
• Shares of GAP opened at $20.68 and have experienced a 52-week range between $16.99 and $29.29, with the stock currently down 1.9%.
• Insider trading activities included significant sales, with Director Robert J. Fisher selling 500,000 shares for about $11.45 million, representing a 15.02% decrease in their ownership.

GAP (NYSE:GAP - Get Free Report)'s stock had its "hold (c+)" rating reaffirmed by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other research firms have also recently weighed in on GAP. Bank of America upped their price target on GAP from $21.00 to $23.00 and gave the stock a "neutral" rating in a report on Friday, August 29th. Jefferies Financial Group set a $22.00 price target on GAP in a report on Thursday, September 4th. Zacks Research cut GAP from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 27th. Citigroup reaffirmed a "neutral" rating and issued a $22.00 price target (down previously from $30.00) on shares of GAP in a report on Wednesday, August 20th. Finally, JPMorgan Chase & Co. upped their price target on GAP from $29.00 to $32.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Six analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $25.47.

GAP Stock Down 1.9%

Shares of GAP opened at $20.68 on Wednesday. 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. The company has a market capitalization of $7.67 billion, a price-to-earnings ratio of 8.84, a PEG ratio of 2.41 and a beta of 2.10. The stock's 50-day moving average price is $21.74 and its 200-day moving average price is $21.90.

GAP (NYSE:GAP - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. GAP had a return on equity of 27.04% and a net margin of 5.86%.The firm had revenue of $3.73 billion for the quarter, compared to the consensus estimate of $3.73 billion. During the same quarter in the prior year, the business earned $0.54 earnings per share. The company's revenue was up .1% compared to the same quarter last year. GAP has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that GAP will post 2.02 EPS for the current year.

Insiders Place Their Bets

In other GAP news, Director Robert J. Fisher sold 500,000 shares of the firm's stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $22.90, for a total value of $11,450,000.00. Following the sale, the director directly owned 2,829,502 shares in the company, valued at $64,795,595.80. This trade represents a 15.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William Sydney Fisher sold 200,000 shares of GAP stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $23.86, for a total value of $4,772,000.00. Following the sale, the director owned 3,253,453 shares in the company, valued at $77,627,388.58. This trade represents a 5.79% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 943,064 shares of company stock worth $22,011,784. 30.56% of the stock is owned by insiders.

Hedge Funds Weigh In On GAP

Several institutional investors have recently added to or reduced their stakes in the stock. Hexagon Capital Partners LLC acquired a new position in GAP in the 1st quarter valued at about $30,000. California State Teachers Retirement System boosted its holdings in GAP by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 226,506 shares of the company's stock valued at $4,940,000 after purchasing an additional 1,703 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in GAP by 4.8% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 71,420 shares of the company's stock valued at $1,558,000 after purchasing an additional 3,269 shares in the last quarter. First Horizon Advisors Inc. purchased a new stake in shares of GAP during the 1st quarter worth approximately $75,000. Finally, Brooklyn Investment Group purchased a new stake in shares of GAP during the 1st quarter worth approximately $80,000. Institutional investors and hedge funds own 58.81% of the company's stock.

About GAP

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.

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