BGC Partners (BGCP) Given Daily Media Sentiment Score of 0.08
Headlines about BGC Partners (NASDAQ:BGCP) have been trending somewhat positive on Thursday, Alpha One reports. The research group, a service of Accern, identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BGC Partners earned a daily sentiment score of 0.08 on Alpha One’s scale. Alpha One also assigned press coverage about the financial services provider an impact score of 25 out of 100, indicating that recent press coverage is very unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Alpha One Sentiment’s rankings:
- BGC Partners (BGCP) Getting Somewhat Positive Media Coverage, Analysis Finds (americanbankingnews.com)
- BGC Partners, Inc. (BGCP) Short Interest Up 12.1% in March (americanbankingnews.com)
- New Strong Buy Stocks for April 17th (zacks.com)
- BRIEF-BGC Partners entered into a controlled equity offering sales agreement with Cantor Fitzgerald & Co (reuters.com)
Separately, Zacks Investment Research upgraded BGC Partners from a “hold” rating to a “strong-buy” rating and set a $13.00 target price for the company in a report on Monday, April 3rd.
BGC Partners (NASDAQ:BGCP) traded up 1.91% during trading on Thursday, reaching $11.18. The company’s stock had a trading volume of 829,083 shares. The stock’s 50-day moving average is $11.14 and its 200 day moving average is $10.35. BGC Partners has a 12 month low of $8.18 and a 12 month high of $11.85. The company has a market cap of $3.16 billion, a P/E ratio of 30.71 and a beta of 1.40.
BGC Partners (NASDAQ:BGCP) last issued its quarterly earnings data on Thursday, February 9th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.24 by $0.01. BGC Partners had a net margin of 4.08% and a return on equity of 29.70%. The business earned $673.20 million during the quarter, compared to the consensus estimate of $658.80 million. During the same period in the prior year, the firm posted $0.20 EPS. The firm’s quarterly revenue was down .3% compared to the same quarter last year. On average, equities analysts forecast that BGC Partners will post $0.98 EPS for the current fiscal year.
About BGC Partners
BGC Partners, Inc (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions.
Receive News & Ratings for BGC Partners Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BGC Partners Inc. and related companies with MarketBeat.com's FREE daily email newsletter.