Gain Capital Holdings Inc (NYSE:GCAP) Receives $6.00 Average Target Price from Brokerages

Gain Capital Holdings Inc (NYSE:GCAP) has been assigned a consensus rating of “Buy” from the six brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $6.00.

Several equities analysts have recently commented on GCAP shares. JPMorgan Chase & Co. upgraded shares of Gain Capital from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $5.50 to $6.00 in a research report on Thursday, August 15th. Sandler O’Neill set a $5.00 price target on shares of Gain Capital and gave the stock a “buy” rating in a research report on Tuesday, September 10th. B. Riley set a $7.00 price target on shares of Gain Capital and gave the stock a “buy” rating in a research report on Friday, October 11th. Zacks Investment Research lowered shares of Gain Capital from a “hold” rating to a “sell” rating in a research report on Friday, October 25th. Finally, ValuEngine upgraded shares of Gain Capital from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th.

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Gain Capital by 18.7% during the second quarter. Vanguard Group Inc. now owns 1,282,761 shares of the financial services provider’s stock valued at $5,298,000 after buying an additional 201,686 shares in the last quarter. Weber Alan W lifted its stake in Gain Capital by 1.2% during the second quarter. Weber Alan W now owns 1,221,190 shares of the financial services provider’s stock valued at $5,044,000 after buying an additional 14,517 shares in the last quarter. Northern Trust Corp lifted its stake in Gain Capital by 0.6% during the second quarter. Northern Trust Corp now owns 968,591 shares of the financial services provider’s stock valued at $4,000,000 after buying an additional 5,437 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Gain Capital by 17.6% during the second quarter. Renaissance Technologies LLC now owns 647,100 shares of the financial services provider’s stock valued at $2,673,000 after buying an additional 96,900 shares in the last quarter. Finally, Francisco Partners Management LP lifted its stake in Gain Capital by 153.5% during the second quarter. Francisco Partners Management LP now owns 186,435 shares of the financial services provider’s stock valued at $770,000 after buying an additional 112,901 shares in the last quarter. 52.99% of the stock is owned by institutional investors.

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GCAP traded down $0.10 during trading on Thursday, hitting $4.15. The company had a trading volume of 93,819 shares, compared to its average volume of 220,811. The company has a market cap of $164.54 million, a PE ratio of 6.19 and a beta of 0.57. The business has a 50-day moving average of $4.73 and a 200-day moving average of $4.57. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.30 and a quick ratio of 1.30. Gain Capital has a 1-year low of $3.75 and a 1-year high of $7.86.

Gain Capital (NYSE:GCAP) last released its earnings results on Thursday, October 24th. The financial services provider reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.04). Gain Capital had a negative net margin of 12.32% and a negative return on equity of 11.64%. The business had revenue of $66.70 million for the quarter, compared to the consensus estimate of $68.11 million. During the same quarter in the previous year, the firm earned $0.31 EPS. The firm’s revenue for the quarter was down 30.2% on a year-over-year basis. Research analysts forecast that Gain Capital will post -0.71 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Tuesday, December 10th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date of this dividend is Monday, December 9th. Gain Capital’s payout ratio is 35.82%.

About Gain Capital

GAIN Capital Holdings, Inc, together with its subsidiary, provides trading services and solutions to retail, institutional, and futures service customers worldwide. The company operates in two segments, Retail and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets. The company offers access to a range of financial products, including spot foreign exchange (forex) and precious metals trading; and spread bets and contracts for differences on currencies, commodities, indices, individual equities, bonds, options, and interest rate products, as well as OTC options on forex.

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