Bgc Partners Cl A (NASDAQ:BGCP) shares traded -0.42% down during most recent session to reach at the closing price of $11.87. The stock exchanged hands 3.91 Million shares versus average trading capacity of 2.37 Million shares, yielding a market cap of $3.67 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $17.25 within the next 52-weeks. The mean target projections are based on 2 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Bgc Partners Cl A (NASDAQ:BGCP) high price target of $18 and with a conservative view have low price target of $16.5.
Raymond James “Upgrades” Bgc Partners Cl A (NASDAQ:BGCP) in a research note issued to investors on 7/06/15 to Strong Buy.
Additionally on 4/14/15 Keefe Bruyette & Woods “Maintained” Bgc Partners Cl A (NASDAQ:BGCP) to Outperform setting price target at $11 and on 4/02/15 Raymond James “Maintained” the stock to Outperform at $12. Furthermore on 2/12/15 Keefe Bruyette & Woods “Upgrades” the stock to Outperform.
On the other hand the company has Relative Strength Index (RSI 14) of 48.23 along with Average True Range (ATR 14) of 0.32, Consequently Bgc Partners Cl A (NASDAQ:BGCP)’s weekly and monthly volatility is 3.97%, 2.33% respectively. The company’s beta value is at 1.04.
In terms of Buy, Sell or Hold recommendations, Bgc Partners Cl A (NASDAQ:BGCP) has analysts’ mean recommendation of 1.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Bgc Partners Cl A (NASDAQ:BGCP)’s minimum EPS for the current quarter is at $0.26 and can go high up to $0.27. The consensus mean EPS for the current quarter is at $0.27 derived from a total of 2 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.24 earnings per share for the same quarter during last year.
Previously Bgc Partners Cl A (NASDAQ:BGCP) reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.01. The company posted an earnings surprise of 3.2%.
Bgc Partners Cl A (NASDAQ:BGCP)’s revenue estimates for the current quarter are $918.85 Million according to 2 number of analysts, for the current quarter the company has high revenue estimates of $922 Million in contradiction of low revenue estimates of $915.7 Million. For the current year the company’s revenue estimates are $3.84 Billion compared to low analyst estimates of $3.82 Billion and high estimates of $3.85 Billion according to 2 number of analysts.
Currently Bgc Partners Cl A (NASDAQ:BGCP)’s shares owned by insiders are 6.1%, whereas shares owned by institutional owners are 59.6%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 16.3%.
Bgc Partners Cl A (NASDAQ:BGCP)’s trailing twelve month revenues are $3.33 Billion, whereas its price to sales ratio for the same period is 1.1. Its book value per share for the most recent quarter is $2.85 while its price to book ratio for the same period is 4.16, as for as the company’s cash per share for the most recent quarter is $1.17, however its price to cash per share ratio for the same period is 10.12. The stock has 5 year expected PEG ratio of 1.47 whereas its trailing twelve month P/E ratio is 18.4.