GAP (NYSE:GAP) Now Covered by Analysts at BTIG Research

Key Points

• BTIG Research upgraded GAP to a "strong-buy" rating, indicating positive confidence in the company's future prospects.
• GAP recently reported quarterly earnings of $0.57 per share, surpassing expectations and showing a slight revenue increase from the previous year.
• Insider selling has been notable, with directors selling a total of $22 million worth of shares in the past quarter, raising questions about insider confidence in future growth.

Stock analysts at BTIG Research began coverage on shares of GAP (NYSE:GAP - Get Free Report) in a research note issued on Tuesday, Marketbeat reports. The firm set a "buy" rating on the stock.

Several other research firms have also weighed in on GAP. Evercore ISI upped their target price on GAP from $24.00 to $25.00 and gave the company an "outperform" rating in a report on Friday, August 29th. UBS Group reduced their price objective on GAP from $27.00 to $23.00 and set a "neutral" rating on the stock in a research report on Friday, August 22nd. Bank of America upped their price objective on GAP from $21.00 to $23.00 and gave the company a "neutral" rating in a research report on Friday, August 29th. Citigroup reiterated a "neutral" rating and set a $22.00 target price (down from $30.00) on shares of GAP in a research report on Wednesday, August 20th. Finally, Wells Fargo & Company lowered their target price on GAP from $24.00 to $22.00 and set an "equal weight" rating for the company in a research note on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $25.75.

GAP Price Performance

GAP stock opened at $21.10 on Tuesday. GAP has a 12 month low of $16.99 and a 12 month high of $29.29. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.68 and a quick ratio of 0.96. The business has a 50 day simple moving average of $21.84 and a 200-day simple moving average of $21.88. The stock has a market capitalization of $7.83 billion, a PE ratio of 9.01, a price-to-earnings-growth ratio of 2.35 and a beta of 2.10.

GAP (NYSE:GAP - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The company reported $0.57 earnings per share 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 analyst estimates of $3.73 billion. During the same quarter in the prior year, the company posted $0.54 earnings per share. GAP's quarterly revenue was up .1% on a year-over-year basis. GAP has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts predict that GAP will post 2.02 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director William Sydney Fisher sold 243,064 shares of GAP stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $23.82, for a total value of $5,789,784.48. Following the transaction, the director directly owned 3,453,453 shares in the company, valued at $82,261,250.46. The trade was a 6.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert J. Fisher sold 500,000 shares of GAP stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $22.90, for a total value of $11,450,000.00. Following the transaction, the director owned 2,829,502 shares in the company, valued at $64,795,595.80. This represents a 15.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 943,064 shares of company stock worth $22,011,784 over the last 90 days. Insiders own 30.56% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Dodge & Cox acquired a new stake in GAP during the first quarter valued at $592,222,000. Ameriprise Financial Inc. acquired a new stake in GAP during the first quarter valued at $63,674,000. Bank of New York Mellon Corp acquired a new stake in GAP during the first quarter valued at $56,763,000. LSV Asset Management boosted its position in GAP by 101.0% during the second quarter. LSV Asset Management now owns 3,184,477 shares of the company's stock valued at $69,453,000 after purchasing an additional 1,600,041 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new stake in GAP during the first quarter valued at $7,207,000. Hedge funds and other 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.