BGC Partners Inc - Class A Shares Close the Week 20.1% Higher - Weekly Wrap
The company saw its shares close the week 20.1% higher than last week, with trading volume lower than its 30 day average.
Jun 09, 2023 by Kwhen Finance Editors
BGC Partners Inc - Class A (BGCP) shares closed this week 20.1% higher than it did at the end of last week. The stock is currently up 27.9% year-to-date, up 50.5% over the past 12 months, and down 20.4% over the past five years. This week, the Dow Jones Industrial Average rose 2.4%, and the S&P 500 rose 1.7%.
Trading Activity
- Shares traded as high as $4.81 and as low as $4.07 this week.
- Trading volume this week was 6.0% higher than the 10-day average and 3.0% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
- MACD, a trend-following momentum indicator, indicates an upward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Fundamentals & Catalysts
- Over the past 12 months the company generated $206 million in earnings before interest and taxes from $2 billion in revenue. It currently holds $0 in cash and $4 billion in debt.
- Its forward price-to-earnings (P/E) ratio of 9.440000000000001 is lower than its current P/E ratio of 38.86, implying that analysts are expecting an increase in earnings.
- The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.03. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
- The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 7.03 which means it currently has $7.03 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
- The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 2.52. This means that the stock is trading at a premium of 3 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
- The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 0.99.
- The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 0.99.
P/E
38.86
EBITDA
$206M
P/Book
2.52
Mkt Cap
$1B
P/Sales
0.99
Revenue
$2B
EPS (TTM)
0.08
PEG Ratio
0.03
EV/Revenue
0.99
Total Cash
$0
Debt/Equity
7.03
Forward P/E
9.44
Current Debt
$4B
Gross Profit
$2B
Dividend Date
-
Earnings Date
2023-08-02
Profit Margin
0.04
Revenue/Share
5.97
Total Revenue
$2B
Enterprise Val
$1B
Put/Call Ratio
0.59
Revenue/Employee
218784.26
Market Comparative Performance
- The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
- The company share price beats the performance of its peers in the Financials industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| BGC Partners Inc - Class A | -4.3 | 27.9 | 50.5 | ||
| Dow Jones Industrial Average | 0.1 | 3.3 | 5.2 | -1.5 | 20.0 |
| S&P 500 Index | 0.2 | 12.6 | 6.1 | 0.1 | 24.5 |
| Financials | -0.0 | -1.2 | -1.4 | -9.6 | 13.3 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date beats the peer average by -346.5%
- The company's stock price performance over the past 12 months beats the peer average by -698.6%
- The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 231.8% higher than the average peer.
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| BGC Partners Inc - Class A | BGCP | 38.9 | 27.9 | 50.5 | ||
| Peer Avg | N/A | 11.7 | -11.3 | -8.4 | -17.9 | 15.3 |
| Wells Fargo & Co. | WFC | 11.9 | 4.1 | -2.4 | -12.6 | 21.1 |
| Charles Schwab Corp. | SCHW | 14.1 | -33.3 | -14.8 | -35.8 | 23.2 |
| Raymond James Financial, Inc. | RJF | 12.1 | -10.2 | 0.5 | -23.4 | 16.8 |
| Virtu Financial Inc - Class A | VIRT | 8.7 | -5.8 | -17.0 |
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.
Was this content valuable for you?
Tags: