BGCP Stock Price and Chart NASDAQ:BGCP TradingView India

Raymond James gave a rating of “Strong Buy” to BGCP, setting the target price at $14 in the report published on July 29th of the previous year. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.

The company’s Forward Dividend Ratio is 0.04, with its dividend yield at 0.79%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share to be $0.16, which is expected to increase to $0.23 for fiscal year $0.68 and then to about $0.85 by fiscal year 2023. Data indicates that the EPS growth is expected to be 4.60% in 2023, while the next year’s EPS growth is forecast to be 25.00%. BGC Partners Inc. late Wednesday tweaked its outlook for the fourth quarter, pinning it on “generally lower” industry volumes. The brokerage and financial technology company said it expects fourth-quarter revenue and adju…

Financials

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, BGC Partners could be a great choice. There may be delays, omissions, or inaccuracies in the Information. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.

According to the data, the short interest in BGC Partners Inc. stood at 1.33% of shares outstanding as of Jan 30, 2023; the number of short shares registered in Dec 29, 2022 reached 4.33 million. The stock has risen by 33.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BGCP stock heading into the next quarter. Newmark Group Inc. is one of the largest full-service commercial real estate firms in the United States. We offer a broad range of real estate capital markets services, including investment sales and access to debt and equity financing.

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LPL Financial Holdings Inc. was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in… When it comes to the year-to-date metrics, the BGC Partners Inc. recorded performance in the market was 41.11%, having the revenues showcasing 43.40% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.98B, as it employees total of 3818 workers.

https://1investing.in/ Partners’ stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Diversified Trust Co (0.03%). Sign-up to receive the latest news and ratings for BGC Partners and its competitors with MarketBeat’s FREE daily newsletter. High institutional ownership can be a signal of strong market trust in this company. BGC Partners has a dividend yield of 0.90%, which is in the bottom 25% of all stocks that pay dividends.

Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. At the end of the latest market close, Sangamo Therapeutics Inc. was valued at $1.63.

Financials Stocks Moving In Monday’s Intraday Session

Provides a general description of the business conducted by this company. The total capital return value is set at 7.30, while invested capital returns managed to touch 2.67. Equity return is now at value 7.30, with 1.10 for asset returns. In March, BGC completes the acquisition of assets of Grubb & Ellis Company, one of the nation’s leading commercial real estate firms. This further strengthens BGC Partners’ premier position in commercial real estate. In April, BGC announces it has entered into an agreement to sell eSpeed, its benchmark, on-the-run, U.S.

The firm offers integrated voice, hybrid and fully electronic how to use the adx indicator in a broad range of products, including fixed income, foreign exchange, equities, insurance, energy and commodities and futures. It also provides trade execution, brokerage, clearing, trade compression, post-trade, information and other back-office services. The company was founded in 1945 and is headquartered in New York, NY.

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Digging deeper we become aware of the PEG ratio of the BGCP stock which is currently positioned at 2.06. It further provides that stock’s current price level is 4.23% away from its 20-day simple moving average and is 14.25% off its SMA50. Its relative strength index for 14-periods is oscillating at 63.86 while volatility remained at 2.65% over the past week which changes to 3.83% when measuring it over the past month.

Beta is valued at 1.69, while measure of average true range or ATR is currently at 0.19. In predicting price targets of as low as $8.00 and as high as $8.50, analysts are in agreement on assigning the stock over the next 12 months average price target of $8.25. The stock’s technical analysis shows that the PEG ratio is about 1.95, with the price of BGCP currently trading nearly 0.12% and 9.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index currently indicates a reading of 54.88, while the 7-day volatility ratio is showing 3.53% which for the 30-day chart, stands at 4.82%. Furthermore, BGC Partners Inc. ’s beta value is 1.69, and its average true range is 0.21. The company’s stock has been forecasted to trade at an average price of $8.25 over the course of the next 52 weeks, with a low of $8.00 and a high of $8.50.

When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company. Historical daily share price chart and data for BGC Partners since 1999 adjusted for splits. The latest closing stock price for BGC Partners as of April 10, 2023 is 4.38.The all-time high BGC Partners stock closing price was 30.91 on March 13, 2000.

BGC Partners has only been the subject of 1 research reports in the past 90 days. Over the past three years, the company’s dividend has not grown. For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more.

The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. The price-earnings ratio is a company’s share price to the company’s Earnings per Share. The ratio is used for evaluating companies and to find out whether they are overvalued or undervalued. Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price.

• Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price.
• NEW YORK — NEW YORK — BGC Partners Inc. on Monday reported fourth-quarter profit of $2.2 million.
• 1.22Revenue Per ShareRevenue per Share is a ratio that computes the entire revenue earned per share over a chosen period, whether quarterly, semi-yearly, yearly, or trailing 12 months .
• The major emphasis of this platform is to present, the most practical recommendation for public and private capital sharing, both in the form of updates and detailed analysis.
• At the end of the latest market close, Sangamo Therapeutics Inc. was valued at $1.63.

In September, BGC Partners hosts its 7th Annual Charity Day in commemoration of the 10th Anniversary of the 9/11 attacks. Along with its affiliate, Cantor Fitzgerald, $12 million is raised globally and donated to charity. The total raised over the past 7 years is approximately $77 million dollars. BGC Partners came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.15 per share. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.

After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Analysts have estimated the company’s revenue for the quarter at $422.99 million, with a low estimate of $418.28 million and a high estimate of $427.7 million. According to the average forecast, sales growth in current quarter could jump down -8.40%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2023, the company’s y-o-y revenues would reach $1.78 billion, representing a decrease of -11.60% from the revenues reported in the last year’s results.

These estimates are suggesting current year growth of 4.60% for EPS and 25.00% growth next year. Nearly 9.68% of BGC Partners Inc.’s shares belong to company insiders and institutional investors own 67.80% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.93 million shares as on Jan 30, 2023, resulting in a short ratio of 3.77.

Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. BGC Partners Inc – Ordinary Shares – Class A market cap is $1.65B. Industry’s another major player Intercontinental Exchange Inc. has rise 1.04% up in previous session, but over the past year has faced a fall of -22.56% over the same period. BGC Partners Inc. has a P/E ratio of 42.22 against that of Nasdaq Inc.’s 23.89 while Intercontinental Exchange Inc. is showing 39.96 for the same.