BGC Group Inc (NASDAQ:BGC) price on current trading day, rose 0.22% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $9.08.
A look at the stock’s price movement, the level at last check in today’s session was $9.06, moving within a range at $9.005 and $9.13. The beta value (5-Year monthly) was 1.131 while the PE ratio in trailing twelve months stood at 36.00. Turning to its 52-week performance, $11.79 and $7.24 were the 52-week high and 52-week low respectively. Overall, BGC moved -1.52% over the past month.
BGC Group Inc’s market cap currently stands at around $4.38 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-13. The company has a Forward Dividend ratio of 0.08, with its dividend yield at 0.88%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 633.02M for the company’s revenue for the quarter, with a low and high estimate of 630.93M and 635.1M respectively. The average forecast suggests up to a 9.40% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.59B, representing a 14.51% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BGC is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend BGC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BGC’s current price about 6.55% and 1.17% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.60, while 7-day volatility ratio is 2.73% and 4.78% in the 30-day chart. Further, BGC Group Inc (BGC) has a beta value of 1.07, and an average true range (ATR) of 0.36. Analysts have given the company’s stock an average 52-week price target of $11.5, forecast between a low of $11.5 and high of $11.5. Looking at the price targets, the low is -26.65% off recent price level in today’s trading while to achieve the yearly target high, it has to move -26.65%. Nonetheless, investors will most likely welcome a -26.65% jump to $11.5 which is the analysts’ median price.
If we refocus on BGC Group Inc (NASDAQ:BGC), historical trading data shows that trading volumes averaged 2.47 over the past 10 days and 3.00 million over the past 3 months. The company’s latest data on shares outstanding shows there are 374.30 million shares.
The 26.94% of BGC Group Inc’s shares are in the hands of company insiders while institutional holders own 61.18% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.16 million on 2025-04-15, giving us a short ratio of 3.34. The data shows that as of 2025-04-15 short interest in BGC Group Inc (BGC) stood at 330.0 of shares outstanding, with shares short falling to 11.63 million registered in 2025-03-14. Current price change has pushed the stock 0.22% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BGC stock continues to rise going into the next quarter.
