KCG Holdings, Inc. (NYSE:KCG) Set to Announce Quarterly Earnings on Wednesday
KCG Holdings, Inc. (NYSE:KCG) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, July 19th.
KCG Holdings (NYSE:KCG) last posted its earnings results on Thursday, April 20th. The financial services provider reported $0.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.09. KCG Holdings had a return on equity of 15.36% and a net margin of 16.25%. The company had revenue of $255.40 million for the quarter, compared to analyst estimates of $250.75 million. During the same period last year, the company earned $0.41 earnings per share. The business’s revenue was down 26.1% compared to the same quarter last year. On average, analysts expect KCG Holdings to post $0.23 EPS for the current fiscal year and $0.55 EPS for the next fiscal year.
KCG Holdings, Inc. (NYSE KCG) opened at 19.99 on Tuesday. KCG Holdings, Inc. has a 12-month low of $12.21 and a 12-month high of $20.02. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 7.25 and a beta of 1.50. The firm’s 50-day moving average price is $19.88 and its 200 day moving average price is $16.79.
A number of brokerages recently weighed in on KCG. BidaskClub lowered shares of KCG Holdings from a “hold” rating to a “sell” rating in a research note on Sunday. Zacks Investment Research raised shares of KCG Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, June 15th. ValuEngine raised shares of KCG Holdings from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Sandler O’Neill lowered shares of KCG Holdings from a “buy” rating to a “hold” rating in a research note on Monday, April 24th. Finally, Buckingham Research lowered shares of KCG Holdings from a “buy” rating to a “neutral” rating and set a $20.00 target price for the company. in a research note on Thursday, April 20th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a strong buy rating to the company’s stock. KCG Holdings currently has a consensus rating of “Hold” and a consensus target price of $17.33.
In other news, COO Nick Ogurtsov sold 58,549 shares of the stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $19.85, for a total transaction of $1,162,197.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, General Counsel John A. Mccarthy sold 26,951 shares of the stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $19.94, for a total transaction of $537,402.94. Following the transaction, the general counsel now owns 61,829 shares of the company’s stock, valued at $1,232,870.26. The disclosure for this sale can be found here. Corporate insiders own 9.40% of the company’s stock.
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KCG Holdings Company Profile
KCG Holdings, Inc is a holding company. The Company is an independent securities company offering investors a range of services designed to address trading needs across asset classes, product types and time zones. The Company combines technology with client service across market making, agency execution and venues.
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