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.
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.
BGC Partners Inc. (NASDAQ: BGCP): A Stock Worth Watching
Intraebitda multiple 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.
- Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report.
- Newmark serves clients from more than 100 offices in North America and globally through our partnership with London-based Knight Frank.
- The ratio is used for evaluating companies and to find out whether they are overvalued or undervalued.
- Intraday data delayed at least 15 minutes or per exchange requirements.
- Since its inception Charity Day has raised approximately $192 million globally.
- 311,188,946Trading VolumeThe total number of shares of a security traded during a specific period is known as the trading volume.
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.
Market bids up stock over the past week
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.
The New York-based company said it had earnings of 1 cent per share. Earnings, adjusted for non-recurring costs, were 16 cents per share. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. BGC also announces it has entered into an agreement to acquire the U.S business of Newmark Knight Frank, the real estate advisory firm. This represents BGC Partners’ first move into the commercial real estate industry.
Treasury fully electronic https://1investing.in/ 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.
Research & Ratings BGC Partners Inc. Cl A(BGCP)
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%.
Investors 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.
This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
It is calculated as the trailing 12 months 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”.
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%.
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.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.37, with a change in the price was noted +1.66. In a similar fashion, BGC Partners Inc. posted a movement of +45.36% for the period of last 100 days, recording 1,706,957 in trading volumes.
About BGC Partners, Inc
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.
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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.
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.