Telsey Advisory Group Reiterates "Market Perform" Rating for GAP (NYSE:GAP)

Telsey Advisory Group reiterated their market perform rating on shares of GAP (NYSE:GAP - Free Report) in a research report released on Friday,Benzinga reports. They currently have a $26.00 price target on the stock. Telsey Advisory Group also issued estimates for GAP's Q1 2026 earnings at $0.45 EPS, FY2026 earnings at $2.39 EPS and FY2027 earnings at $2.56 EPS.

Other research analysts also recently issued reports about the company. JPMorgan Chase & Co. upgraded GAP from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $28.00 to $30.00 in a research note on Monday, December 2nd. Bank of America upped their price target on GAP from $25.00 to $28.00 and gave the stock a "neutral" rating in a research note on Friday, November 22nd. Wells Fargo & Company upped their price target on GAP from $28.00 to $30.00 and gave the stock an "overweight" rating in a research note on Friday, November 22nd. Evercore ISI upped their price target on GAP from $32.00 to $33.00 and gave the stock an "outperform" rating in a research note on Friday, November 22nd. Finally, Morgan Stanley upped their price target on GAP from $29.00 to $30.00 and gave the stock an "overweight" rating in a research note on Friday, November 22nd. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $29.33.

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GAP Price Performance

Shares of NYSE:GAP traded up $3.76 during mid-day trading on Friday, reaching $23.24. 30,468,052 shares of the company traded hands, compared to its average volume of 6,033,019. The stock's 50 day simple moving average is $23.14. The company has a market capitalization of $8.76 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 0.94 and a beta of 2.38. The company has a current ratio of 1.54, a quick ratio of 0.84 and a debt-to-equity ratio of 0.47. GAP has a 52 week low of $18.54 and a 52 week high of $30.75.

GAP (NYSE:GAP - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.18. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.07 billion. GAP had a return on equity of 29.03% and a net margin of 5.40%. On average, research analysts predict that GAP will post 2.02 earnings per share for the current fiscal year.

GAP Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 2.84%. This is a boost from GAP's previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Wednesday, April 9th. GAP's dividend payout ratio is 29.86%.

Insider Transactions at GAP

In related news, major shareholder John J. Fisher sold 250,000 shares of the stock in a transaction on Friday, December 13th. The stock was sold at an average price of $24.18, for a total transaction of $6,045,000.00. Following the sale, the insider now owns 1,000,752 shares in the company, valued at approximately $24,198,183.36. This represents a 19.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director William Sydney Fisher sold 123,950 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of $26.24, for a total value of $3,252,448.00. Following the sale, the director now owns 3,696,517 shares in the company, valued at $96,996,606.08. The trade was a 3.24 % decrease in their position. The disclosure for this sale can be found here. Insiders own 31.00% 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.