BGC Partners Inc. [NASDAQ: BGCP] loss -0.99% on the last trading session, reaching $3.01 price per share at the time. BGC Partners Inc. represents 358.00 million in outstanding shares, while the company has a total market value of $1.54 billion with the latest information. BGCP stock price has been found in the range of $2.975 to $3.20.
If compared to the average trading volume of 4.97M shares, BGCP reached a trading volume of 3842985 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about BGC Partners Inc. [BGCP]:
Raymond James have made an estimate for BGC Partners Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on March 27, 2020. While these analysts kept the previous recommendation, Raymond James raised their target price from $12 to $14. The new note on the price target was released on July 29, 2015, representing the official price target for BGC Partners Inc. stock.
The Average True Range (ATR) for BGC Partners Inc. is set at 0.23, with the Price to Sales ratio for BGCP stock in the period of the last 12 months amounting to 0.71. The Price to Book ratio for the last quarter was 1.64, with the Price to Cash per share for the same quarter was set at 0.89.
Trading performance analysis for BGCP stock
BGC Partners Inc. [BGCP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.05. With this latest performance, BGCP shares gained by 17.58% in over the last four-week period, additionally sinking by -49.16% over the last 6 months – not to mention a drop of -40.28% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BGCP stock in for the last two-week period is set at 54.59, with the RSI for the last a single of trading hit 53.99, and the three-weeks RSI is set at 51.63 for BGC Partners Inc. [BGCP]. The present Moving Average for the last 50 days of trading for this stock 2.80, while it was recorded at 3.00 for the last single week of trading, and 4.63 for the last 200 days.
BGC Partners Inc. [BGCP]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and BGC Partners Inc. [BGCP] shares currently have an operating margin of +4.68 and a Gross Margin at +92.32. BGC Partners Inc.’s Net Margin is presently recorded at +2.63.
Return on Total Capital for BGCP is now 5.23, given the latest momentum, and Return on Invested Capital for the company is 3.23. Return on Equity for this stock inclined to 7.66, with Return on Assets sitting at 1.52. When it comes to the capital structure of this company, BGC Partners Inc. [BGCP] has a Total Debt to Total Equity ratio set at 196.69. Additionally, BGCP Total Debt to Total Capital is recorded at 66.29, with Total Debt to Total Assets ending up at 34.45. Long-Term Debt to Equity for the company is recorded at 179.27, with the Long-Term Debt to Total Capital now at 60.42.
Reflecting on the efficiency of the workforce at the company, BGC Partners Inc. [BGCP] managed to generate an average of $10,713 per employee. Receivables Turnover for the company is 2.07 with a Total Asset Turnover recorded at a value of 0.58.
BGC Partners Inc. [BGCP]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, BGC Partners Inc. posted 0.17/share EPS, while the average EPS was predicted by analysts to be reported at 0.17/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BGCP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BGC Partners Inc. go to 12.50%.
An analysis of insider ownership at BGC Partners Inc. [BGCP]
There are presently around $561 million, or 60.00% of BGCP stock, in the hands of institutional investors. The top three institutional holders of BGCP stocks are: VANGUARD GROUP INC with ownership of 27,436,766, which is approximately 2.371% of the company’s market cap and around 8.19% of the total institutional ownership; CARDINAL CAPITAL MANAGEMENT LLC /CT, holding 15,257,944 shares of the stock with an approximate value of $46.38 million in BGCP stocks shares; and POINT72 ASSET MANAGEMENT, L.P., currently with $44.86 million in BGCP stock with ownership of nearly 84.433% of the company’s market capitalization.
Positions in BGC Partners Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 133 institutional holders increased their position in BGC Partners Inc. [NASDAQ:BGCP] by around 32,457,351 shares. Additionally, 125 investors decreased positions by around 33,869,683 shares, while 36 investors held positions by with 118,229,184 shares. The mentioned changes placed institutional holdings at 184,556,218 shares, according to the latest SEC report filing. BGCP stock had 52 new institutional investments in for a total of 8,342,601 shares, while 41 institutional investors sold positions of 1,689,630 shares during the same period.