The Gap, Inc. (NYSE:GAP) Receives $28.00 Consensus Target Price from Brokerages

The Gap, Inc. (NYSE:GAP) has been assigned a consensus rating of “Moderate Buy” from the eighteen analysts that are presently covering the company, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $28.00.

Several research firms have commented on GAP. Jefferies Financial Group lowered their price target on shares of GAP from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Friday, May 29th. The Goldman Sachs Group reduced their price objective on GAP from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, May 29th. Morgan Stanley reissued an “equal weight” rating and issued a $21.00 price objective on shares of GAP in a report on Monday, July 6th. Barclays lowered their target price on GAP from $33.00 to $26.00 and set an “overweight” rating on the stock in a research note on Friday, May 29th. Finally, Evercore set a $20.00 target price on GAP and gave the stock an “in-line” rating in a report on Friday, May 29th.

Hedge Funds Weigh In On GAP

A number of large investors have recently added to or reduced their stakes in GAP. Amundi acquired a new position in shares of GAP during the 1st quarter worth about $259,000. EverSource Wealth Advisors LLC lifted its stake in GAP by 177.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,016 shares of the company’s stock valued at $153,000 after buying an additional 4,483 shares in the last quarter. Jump Financial LLC acquired a new stake in GAP in the 2nd quarter worth about $612,000. 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 worth $4,940,000 after buying an additional 1,703 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in GAP by 42.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,407,809 shares of the company’s stock worth $96,134,000 after buying an additional 1,318,322 shares in the last quarter. 58.81% of the stock is currently owned by institutional investors and hedge funds.

GAP Trading Down 0.9%

Shares of NYSE:GAP opened at $20.32 on Wednesday. GAP has a 52-week low of $18.11 and a 52-week high of $29.36. The stock has a market cap of $7.32 billion, a price-to-earnings ratio of 8.00, a PEG ratio of 1.21 and a beta of 2.04. The company has a quick ratio of 1.08, a current ratio of 1.81 and a debt-to-equity ratio of 0.41. The business has a 50-day moving average price of $20.97 and a 200-day moving average price of $24.30.

GAP (NYSE:GAP) last issued its earnings results on Thursday, May 28th. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.01). The firm had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.52 billion. GAP had a net margin of 6.25% and a return on equity of 21.13%. GAP’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. GAP has set its FY 2026 guidance at 2.300-2.400 EPS. Equities analysts predict that GAP will post 2.34 EPS for the current year.

GAP Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 29th. Investors of record on Wednesday, July 8th will be issued a $0.175 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $0.70 dividend on an annualized basis and a yield of 3.4%. GAP’s dividend payout ratio is presently 27.56%.

GAP Company Profile

Gap Inc is a global specialty retailer renowned for its portfolio of apparel and accessories brands, including Gap, Banana Republic, Old Navy and Athleta. The company designs, sources and markets clothing across a broad price range and style spectrum, catering to men, women and children. Its offerings extend from everyday wardrobe essentials such as denim, tees and outerwear to performance and lifestyle pieces, reflecting each brand’s distinct identity and price point.

Founded in San Francisco in 1969 by Donald and Doris Fisher, Gap Inc has grown into one of the world’s largest apparel companies.