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BGC Group Inc (NASDAQ: BGC) closed the day trading at $7.52 down -0.66% from the previous closing price of $7.57. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 2.53 million shares were traded. BGC stock price reached its highest trading level at $7.68 during the session, while it also had its lowest trading level at $7.43.
Ratios:
For a better understanding of BGC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.59. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.47.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BGC now has a Market Capitalization of 3767121408 and an Enterprise Value of 4345979392. As of this moment, BGC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 106.06, and their Forward P/E ratio for the next fiscal year is 7.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 4.24. Its current Enterprise Value per Revenue stands at 2.231.
Stock Price History:
The Beta on a monthly basis for BGC is 1.53, which has changed by 0.589852 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, BGC has reached a high of $8.70, while it has fallen to a 52-week low of $3.98. The 50-Day Moving Average of the stock is -2.68%, while the 200-Day Moving Average is calculated to be 19.86%.
Shares Statistics:
Over the past 3-months, BGC traded about 5.24M shares per day on average, while over the past 10 days, BGC traded about 2933640 shares per day. A total of 390.09M shares are outstanding, with a floating share count of 362.93M. Insiders hold about 26.51% of the company’s shares, while institutions hold 53.27% stake in the company. Shares short for BGC as of 1711584000 were 15091198 with a Short Ratio of 2.88, compared to 1709164800 on 8035282. Therefore, it implies a Short% of Shares Outstanding of 15091198 and a Short% of Float of 4.14.
Dividends & Splits
BGC’s forward annual dividend rate is 0.04, up from 0.04 a year ago. The stock’s 5-year Average Dividend Yield is 4.94. The current Payout Ratio is 57.72% for BGC, which recently paid a dividend on 2024-03-04 with an ex-dividend date of 1709510400. Stock splits for the company last occurred on 2018-12-03 when the company split stock in a 1555:1000 ratio.
Earnings Estimates
The dynamic stock of BGC Group Inc (BGC) is currently being evaluated by a team of 1 analysts, each contributing to its current rating.On average, analysts expect EPS of $0.25 for the current quarter, with a high estimate of $0.25 and a low estimate of $0.25, while EPS last year was $0.23. The consensus estimate for the next quarter is $0.22, with high estimates of $0.22 and low estimates of $0.22.
Analysts are recommending an EPS of between $0.91 and $0.91 for the fiscal current year, implying an average EPS of $0.91. EPS for the following year is $0.99, with 1 analysts recommending between $0.99 and $0.99.
Revenue Estimates
1 analysts predict $585M in revenue for the current quarter. It ranges from a high estimate of $585M to a low estimate of $585M. As of the current estimate, BGC Group Inc’s year-ago sales were $532.87M, an estimated increase of 9.80% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $543.4M, an increase of 10.20% over than the figure of $9.80% in the same quarter last year. There is a high estimate of $543.4M for the next quarter, whereas the lowest estimate is $543.4M.
A total of 1 analysts have provided revenue estimates for BGC’s current fiscal year. The highest revenue estimate was $2.2B, while the lowest revenue estimate was $2.2B, resulting in an average revenue estimate of $2.2B. In the same quarter a year ago, actual revenue was $2.03B, up 8.80% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $2.41B in the next fiscal year. The high estimate is $2.41B and the low estimate is $2.41B. The average revenue growth estimate for next year is up 9.60% from the average revenue estimate for this year.
