With 2.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.09 million shares. The 52-week range on BGC shows that it touched its highest point at $11.79 and its lowest point at $7.24 during that stretch. It currently has a 1-year price target of $14.50. With its current market cap of 4.50 billion, BGC has annualized dividend of $0.08 while the current yield stands at 0.87%. Beta for the stock currently stands at 1.13.
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 up-trending over the past week, with a rise of 2.33%, but this was up by 18.33% over a month. Three-month performance dropped to -2.02% while six-month performance fell -8.88%. The stock gained 5.49% in the past year, while it has gained 1.88% so far this year. A look at the trailing 12-month EPS for BGC yields 0.26 with Next year EPS estimates of 1.40. For the next quarter, that number is 0.30. This implies an EPS growth rate of 18.69% for this year and 19.15% for next year.
Float and Shares Shorts:
At present, 378.13 million BGC shares are outstanding with a float of 357.57 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 $1.03616 being high and $0.94384 being low. For BGC, this leads to a yearly average estimate of $0.99.
