Gain Capital (GCAP) Posts Quarterly Earnings Results

Gain Capital (NYSE:GCAP) issued its earnings results on Thursday. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.17, Fidelity Earnings reports. The firm had revenue of $95.50 million for the quarter, compared to analyst estimates of $85.77 million. Gain Capital had a return on equity of 5.90% and a net margin of 22.48%.

Shares of NYSE:GCAP traded down $0.08 during midday trading on Friday, reaching $7.40. 22,865 shares of the company traded hands, compared to its average volume of 698,016. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.37 and a current ratio of 1.37. Gain Capital has a 12 month low of $6.04 and a 12 month high of $13.26. The firm has a market cap of $338.83 million, a price-to-earnings ratio of -37.10, a PEG ratio of 1.58 and a beta of 0.22.

In related news, Director Alex Goor acquired 45,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 7th. The shares were bought at an average cost of $7.03 per share, for a total transaction of $316,350.00. Following the purchase, the director now owns 196,093 shares in the company, valued at approximately $1,378,533.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have purchased 92,365 shares of company stock worth $659,504. 6.40% of the stock is currently owned by corporate insiders.

Several analysts have issued reports on GCAP shares. ValuEngine upgraded Gain Capital from a “hold” rating to a “buy” rating in a research note on Tuesday, October 16th. Jefferies Financial Group restated a “buy” rating and issued a $10.00 target price on shares of Gain Capital in a research note on Friday, July 13th. TheStreet lowered Gain Capital from a “b-” rating to a “c” rating in a research note on Friday, July 27th. Zacks Investment Research upgraded Gain Capital from a “sell” rating to a “hold” rating in a research note on Tuesday, September 25th. Finally, JPMorgan Chase & Co. started coverage on Gain Capital in a research note on Friday, August 31st. They set a “neutral” rating and a $9.00 price objective on the stock. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $8.94.

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 three segments: Retail, Institutional, and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets.

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Earnings History for Gain Capital (NYSE:GCAP)

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