The average analyst rating for BGCP stock from 8 stock analysts is “Buy”. This means that analysts believe this stock is likely to outperform the market over the next twelve months. According to 8 stock analysts, the average 12-month stock price forecast for BGCP stock is $8.42, which predicts an increase of 96.73%.
Get the hottest stocks to trade every day before the market opens 100% free. When we switch over and look at the enterprise to sales, we see a ratio of 1.32, with the company’s debt to enterprise value settled at 0.45. The receivables turnover for the company is 1.84 and the total asset turnover is 0.56.
The DOW plunged 3.5%, and he told CNBC, “It seems like there’s much more to come.” Within a month, the market plummeted 34%. He predicted that “all the indexes will be negative for the year,” with the Nasdaq leading the way. A high percentage of insider ownership can be a sign of company health. Only 10 people have searched for BGCP on MarketBeat in the last 30 days. This payout ratio is at a healthy, sustainable level, below 75%. BGC Partners does not have a long track record of dividend growth.
BGC Partners’ (NASDAQ:BGCP) Dividend Will Be $0.01
Represents the company’s profit divided by the outstanding shares of its common stock. The Barchart Technical Opinion rating is a 40% Buy with a Weakest short term outlook on maintaining the current direction. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.
Referring to stock’s 52-week performance, its high was $5.51, and the low was $3.00. On the whole, BGCP has fluctuated by 18.31% over the past month. Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance.
BGC Partners (NASDAQ:BGCP) Has Re-Affirmed Its Dividend Of US$0.01
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Treasury fully electronic trading platform to NASDAQ OMX Group, Inc. for $1.234 billion. We invite celebrity guests who represent participating charities into our offices to conduct trades with licensed brokers and their clients. Since its inception Charity Day has raised approximately $192 million globally.
Raw Stochastic average of BGC Partners Inc. in the period of last 50 days is set at 87.50%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 75.64%. In the last 20 days, the company’s Stochastic %K was 56.84% and its Stochastic %D was recorded 50.74%. The Company primarily engages in the business of operating interactive electronic marketplaces designed to enable market participants to trade financial and non-financial products. In January, BGC announced the successful completion of the GFI back-end merger, thus consolidating 100% of GFI.
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As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
- Furthermore, BGC Partners Inc. ’s beta value is 1.69, and its average true range is 0.21.
- One share of BGCP stock can currently be purchased for approximately $4.38.
- The P/E ratio is the stock price divided by the corporation’s earnings per share for a chosen period, like the past 12 months.
- A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares.
Intraday data delayed at least 15 minutes or per exchange requirements. According to ratings assigned by 2 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 0 of them are recommending BGC Partners Inc. as a Hold, while 2 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell.
Additionally, trading for the stock in the period of the last six months notably improved by 60.24%, alongside a boost of 17.44% for the period of the last 12 months. The shares increased approximately by 5.77% in the 7-day charts and went up by 4.31% in the period of the last 30 days. Common stock shares were driven by 43.40% during last recorded quarter. 1 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for BGC Partners in the last year.
It is calculated as the trailing 12 https://1investing.in/s Operating Income divided by the trailing 12 months’ Total Revenue, multiplied by 100. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. BGC Partners has received a 13.75% net impact score from Upright. BGC Partners seems to create the most significant positive value in categories “Taxes”, “Distributing knowledge”, and “Societal infrastructure”.
BGC Partners Inc. (BGCP): Technical Analysis
It attempts to reflect the cash profit generated by a company’s operations. BGC Partners Inc – Ordinary Shares – Class A’s EBITDA is 12.02. Investors need to pay close attention to BGC Partners stock based on the movements in the options market lately.
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Posted: Thu, 16 Mar 2023 07:00:00 GMT [source]
credit risk definition frequently analyze trade volume to determine whether a trend is present, continuing, or reversing. The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share . It can also be calculated by dividing the company’s Market Cap by the Net Profit.
BGC provides broker products across FX, Equities, Energy and Commodities, Shipping and Futures and Options. / Sales ,75x Nbr of Employees Free-Float 56,2% More FinancialsCompanyBGC Partners, Inc. is a financial brokerage and technology company. BGC provides broker products across FX, Equities, Energy and Commodities, Shipping and… At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.
For the year, the company reported profit of $48.7 million, or 13 cents per share. NEW YORK — NEW YORK — BGC Partners Inc. on Monday reported fourth-quarter profit of $2.2 million. Its specialists are interested in stocks that have been undervalued by different reasons. They are trying to find them, count their potential and bring them to their clients.
The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Let’s take a glance in the erstwhile performances of BGC Partners Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 41.11%.
View the BGCP premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the BGC Partners Inc real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the BGCP quote. 1 brokers have issued 12 month target prices for BGC Partners’ stock.