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.
A number of analysts gave price targets for BGCP. The most optimistic analyst gave a price target of 14, which equates to a potential upside of 11.91 percent. The most pessimistic analyst gave a price target of 13.5, implying a possible loss of 7.91 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.01 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.52 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
BGCP has an estimated earnings growth rate of 142.3 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of BGCP is 0.23.
In the trailing 52-weeks, BGCP hit 13.44 at the highest peak, while it's lowest trading point was 8.36. Currently the stock is 49.64 percent higher than its low, and 6.92 percent lower than its 52-week high. BGCP has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.