TD Cowen Cuts GAP (NYSE:GAP) Price Target to $26.00

by · The Cerbat Gem

GAP (NYSE:GAP – Get Free Report) had its price target dropped by analysts at TD Cowen from $32.00 to $26.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s target price suggests a potential upside of 25.44% from the stock’s current price.

Several other equities research analysts have also recently weighed in on the stock. Wall Street Zen cut shares of GAP from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. The Goldman Sachs Group upped their price target on shares of GAP from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Weiss Ratings raised shares of GAP from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 25th. Citigroup upped their price target on shares of GAP from $25.00 to $27.00 and gave the stock a “neutral” rating in a research report on Friday, March 6th. Finally, Zacks Research cut shares of GAP from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $30.29.

Get Our Latest Analysis on GAP

GAP Stock Down 1.5%

Shares of GAP traded down $0.32 during mid-day trading on Monday, hitting $20.73. The company’s stock had a trading volume of 1,772,183 shares, compared to its average volume of 7,579,049. The company’s 50-day moving average is $24.40 and its 200-day moving average is $25.71. GAP has a 52-week low of $18.68 and a 52-week high of $29.36. The firm has a market capitalization of $7.57 billion, a price-to-earnings ratio of 9.66, a PEG ratio of 1.22 and a beta of 2.11. The company has a current ratio of 1.75, a quick ratio of 1.08 and a debt-to-equity ratio of 0.39.

GAP (NYSE:GAP – Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.01). GAP had a return on equity of 22.98% and a net margin of 5.31%.The business had revenue of $4.24 billion during the quarter, compared to analysts’ expectations of $4.24 billion. During the same period in the previous year, the company posted $0.54 EPS. GAP’s revenue for the quarter was up 2.1% on a year-over-year basis. GAP has set its FY 2026 guidance at 2.200-2.350 EPS. On average, equities research analysts forecast that GAP will post 2.3 EPS for the current fiscal year.

Insider Activity

In related news, CFO Katrina O’connell sold 153,413 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $23.85, for a total transaction of $3,658,900.05. Following the completion of the transaction, the chief financial officer owned 11,503 shares in the company, valued at $274,346.55. The trade was a 93.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Horacio Barbeito sold 113,684 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $24.01, for a total transaction of $2,729,552.84. Following the transaction, the chief executive officer owned 115,024 shares of the company’s stock, valued at approximately $2,761,726.24. This trade represents a 49.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 923,098 shares of company stock worth $22,648,158 over the last 90 days. 31.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new position in GAP during the 4th quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new position in GAP during the 3rd quarter valued at approximately $27,000. Plato Investment Management Ltd acquired a new position in GAP during the 4th quarter valued at approximately $28,000. V Square Quantitative Management LLC acquired a new position in GAP during the 4th quarter valued at approximately $31,000. Finally, Cornerstone Planning Group LLC acquired a new position in GAP during the 3rd quarter valued at approximately $35,000. Institutional investors own 58.81% of the company’s stock.

About GAP

(Get Free Report)

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.

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