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 most pessimistic analyst gave a price target of 13.5, implying a possible loss of 7.91 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates upwards for this quarter, by about 4.35 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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. 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. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their 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, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BGCP is 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 6.92 percent below the 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 stock has a market capitalization of $3.81 billion. BGCP's next earnings release will be on 0000-00-00, which is days away.