With 2.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.89 million shares. The 52-week range on BGC shows that it touched its highest point at $11.79 and its lowest point at $6.78 during that stretch. It currently has a 1-year price target of $12.00. With its current market cap of 4.47 billion, BGC has annualized dividend of $0.07 while the current yield stands at 0.75%. Beta for the stock currently stands at 1.43.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BGC was down-trending over the past week, with a drop of -1.48%, but this was down by -1.48% over a month. Three-month performance dropped to -10.38% while six-month performance fell -2.10%. The stock gained 25.10% in the past year, while it has gained 2.87% so far this year. A look at the trailing 12-month EPS for BGC yields 0.25 with Next year EPS estimates of 1.17. For the next quarter, that number is 0.28. This implies an EPS growth rate of 9.09% for this year and 8.33% for next year.
Float and Shares Shorts:
At present, 374.30 million BGC shares are outstanding with a float of 344.70 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BGC since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.99 being high and $0.99 being low. For BGC, this leads to a yearly average estimate of $0.99. Based on analyst estimates, the high estimate for the next quarter is $0.27 and the low estimate is $0.27. The average estimate for the next quarter is thus $0.27.
