GAIN Capital Holdings (GCAP) Given News Sentiment Score of 0.19
Media stories about GAIN Capital Holdings (NYSE:GCAP) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. GAIN Capital Holdings earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.2300900798852 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of GAIN Capital Holdings (NYSE GCAP) traded up 1.03% during midday trading on Friday, reaching $6.86. 112,360 shares of the company traded hands. GAIN Capital Holdings has a 1-year low of $4.54 and a 1-year high of $8.75. The stock has a market capitalization of $324.07 million, a P/E ratio of 30.09 and a beta of 0.29. The stock’s 50-day moving average is $6.53 and its 200-day moving average is $7.04.
GAIN Capital Holdings (NYSE:GCAP) last announced its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.25 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.25. GAIN Capital Holdings had a return on equity of 2.85% and a net margin of 3.21%. The business had revenue of $98.10 million during the quarter, compared to analysts’ expectations of $98.70 million. During the same quarter last year, the business posted $0.27 earnings per share. The business’s revenue for the quarter was down 9.2% on a year-over-year basis. Equities analysts predict that GAIN Capital Holdings will post $0.19 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 19th. Investors of record on Tuesday, September 12th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend is Monday, September 11th. GAIN Capital Holdings’s dividend payout ratio is presently 104.35%.
GAIN Capital Holdings announced that its board has approved a share repurchase program on Wednesday, May 17th that authorizes the company to buyback $35.00 million in shares. This buyback authorization authorizes the financial services provider to buy up to 12.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.
Several equities research analysts recently commented on the stock. TheStreet raised shares of GAIN Capital Holdings from a “c” rating to a “b-” rating in a report on Monday, August 7th. Jefferies Group LLC reissued a “buy” rating and issued a $8.50 price target (down previously from $9.00) on shares of GAIN Capital Holdings in a report on Friday, August 4th. Zacks Investment Research lowered shares of GAIN Capital Holdings from a “buy” rating to a “sell” rating in a report on Tuesday, July 18th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $7.00 price target on shares of GAIN Capital Holdings in a report on Monday, May 15th.
In related news, Director Christopher Warren Calhoun sold 15,000 shares of GAIN Capital Holdings stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $7.00, for a total transaction of $105,000.00. Following the completion of the sale, the director now owns 40,149 shares in the company, valued at approximately $281,043. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last quarter, insiders have sold 37,701 shares of company stock valued at $251,853. 5.00% of the stock is currently owned by company insiders.
GAIN Capital Holdings Company Profile
GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.
Receive News & Ratings for GAIN Capital Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAIN Capital Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.