News articles about BGC Partners (NASDAQ:BGCP) have trended somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded 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 0.13 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.5735181266537 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of equities research analysts have recently issued reports on the stock. ValuEngine downgraded shares of BGC Partners from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research raised shares of BGC Partners from a “hold” rating to a “strong-buy” rating and set a $18.00 price target on the stock in a research note on Wednesday, October 4th. Finally, BidaskClub downgraded shares of BGC Partners from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 15th.

Shares of BGC Partners (BGCP) traded down $0.09 on Thursday, reaching $15.04. 1,245,400 shares of the company traded hands, compared to its average volume of 1,870,000. BGC Partners has a 1 year low of $10.39 and a 1 year high of $16.97. The stock has a market cap of $4,340.00, a P/E ratio of 23.87 and a beta of 1.27. The company has a debt-to-equity ratio of 2.97, a quick ratio of 1.31 and a current ratio of 1.32.

BGC Partners (NASDAQ:BGCP) last announced its earnings results on Thursday, October 26th. The financial services provider reported $0.29 earnings per share for the quarter, hitting the consensus estimate of $0.29. BGC Partners had a net margin of 4.67% and a return on equity of 42.02%. The firm had revenue of $827.03 million for the quarter.

TRADEMARK VIOLATION WARNING: This article was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another site, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The correct version of this article can be viewed at https://www.thecerbatgem.com/2018/01/05/bgc-partners-bgcp-earning-somewhat-positive-news-coverage-report-finds.html.

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.

Insider Buying and Selling by Quarter for BGC Partners (NASDAQ:BGCP)

Receive News & Stock Ratings for BGC Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BGC Partners and related stocks with our FREE daily email newsletter.