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.
Investment analysts gave a few price targets for BGCP. The most optimistic analyst gave a price target of 14, implying a possible profit of 11.91 percent. The lowest price target was 13.5, which equates to a potential downside of 7.91 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 4.35 percent. The average change in earnings estimates over the last 90 days is 2.17 percent. 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.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. 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. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. BGCP has a PEG ratio of 0.23.
BGCP has a 52-week high of 13.44 and a 52-week 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 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's next earnings release will be on 0000-00-00, which is days away.