Analyst Ratings for BGC Partners Inc. Cl A (BGCP)Updated: 2017-07-26
Analysts covering BGC Partners Inc. Cl A (NASDAQ:BGCP) have given it a consensus rating of Buy. BGCP had previously received a consensus rating of Buy a month ago.
A buy rating was issued by 2 analysts, 0 issued an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for BGCP by the analysts covering the stock. The highest price target was 14, implying a possible profit of 11.91 percent. The lowest price target was 13.5, implying a possible loss of 7.91 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 4.35 percent. That number becomes 2.17 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.01 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.52 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
The growth rate of BGCP's earnings is estimated by analysts to be 142.3 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of BGCP is 0.23.
In the last 52-weeks, BGCP has achieved a high of 13.44 and a low of 8.36. Currently the stock is 49.64 percent higher than its low, and below the high by 6.92 percent. BGCP has a P/E ratio of 32.08. Investors typically compare the P/E ratio to a company's peers in the industry. The BGCP value stock report compares BGCP to some of its peers using value stock charts. The market cap of BGCP is $3.81 billion. BGCP will post this quarters earnings in days, on 0000-00-00.