US LNG exports surge but will buyers in China turn up?
Chris Blakeslee, President and CEO of Athleta, a subsidiary of Gap Inc. (NYSE:GAP), recently sold 10,302 shares of the company’s common stock. The $7.69 billion market cap retailer currently trades at an attractive P/E ratio of 9.15, with InvestingPro analysis indicating the stock is slightly undervalued. The transaction, executed on March 19, 2025, was carried out under a pre-established Rule 10b5-1 trading plan. The shares were sold at a weighted average price of $19.469, resulting in a total value of approximately $200,569. Following the sale, Blakeslee retains ownership of 72,039 shares. The trading plan was adopted on September 4, 2024, allowing for these sales to occur according to a predetermined schedule. InvestingPro data shows the company maintains a "GOOD" financial health score, with notable strength in maintaining dividend payments for 50 consecutive years. For deeper insights into insider trading patterns and additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Gap Inc. has reported a robust fourth-quarter performance with earnings per share (EPS) of $0.54, surpassing consensus estimates by $0.17, and achieving revenues of $4.15 billion, which exceeded expectations by $79 million. The company’s gross margin improved by 250 basis points year-over-year to 41.3%, attributed to decreased commodity and rent costs. Gap provided guidance for revenue growth of 1% to 2% and an operating margin forecast of 8% to 10%. Analyst firms have made several updates to their ratings and price targets for Gap. Evercore ISI maintained an Outperform rating with a revised price target of $30.00, while CFRA upgraded its rating from Buy to Strong Buy, also setting a $30.00 target. BMO Capital Markets kept its Market Perform rating and a $25.00 price target, noting Gap’s solid earnings beat and EBIT growth forecast for FY25. Additionally, Gap has updated its incentive plans for employees and directors to align their interests with the company’s long-term success. These recent developments reflect Gap’s strategic initiatives and efforts to enhance its brand appeal and financial health.
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