Gain Capital (GCAP) Releases Quarterly Earnings Results, Beats Expectations By $0.17 EPS

Gain Capital (NYSE:GCAP) posted its quarterly earnings data on Thursday. The financial services provider reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.17, Fidelity Earnings reports. The company had revenue of $95.50 million during the quarter, compared to analysts’ expectations of $85.77 million. Gain Capital had a net margin of 22.48% and a return on equity of 5.90%.

Shares of Gain Capital stock traded down $0.06 during trading hours on Friday, reaching $7.42. The company’s stock had a trading volume of 615,292 shares, compared to its average volume of 698,016. Gain Capital has a one year low of $6.04 and a one year high of $13.26. The firm has a market capitalization of $338.83 million, a price-to-earnings ratio of -37.10, a price-to-earnings-growth ratio of 1.58 and a beta of 0.22. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.38.

In other Gain Capital news, Director Alex Goor acquired 14,931 shares of the company’s stock in a transaction on Wednesday, August 1st. The shares were purchased at an average cost of $7.06 per share, with a total value of $105,412.86. Following the completion of the purchase, the director now owns 115,980 shares of the company’s stock, valued at $818,818.80. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders acquired 92,365 shares of company stock worth $659,504 over the last ninety days. Insiders own 6.40% of the company’s stock.

Several research analysts recently issued reports on the stock. ValuEngine raised shares of Gain Capital from a “hold” rating to a “buy” rating in a research note on Tuesday, October 16th. Jefferies Financial Group reissued a “buy” rating and set a $10.00 target price on shares of Gain Capital in a research note on Friday, July 13th. Zacks Investment Research lowered shares of Gain Capital from a “hold” rating to a “strong sell” rating in a research note on Monday, July 16th. JPMorgan Chase & Co. assumed coverage on shares of Gain Capital in a research note on Friday, August 31st. They set a “neutral” rating and a $9.00 target price on the stock. Finally, TheStreet lowered shares of Gain Capital from a “b-” rating to a “c” rating in a research note on Friday, July 27th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $8.94.

Gain Capital Company Profile

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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