B. Riley Reaffirms Buy Rating for Gain Capital (NYSE:GCAP)

Gain Capital (NYSE:GCAP)‘s stock had its “buy” rating reiterated by equities research analysts at B. Riley in a research note issued to investors on Thursday, September 19th, AnalystRatings.com reports. They currently have a $7.00 price target on the financial services provider’s stock. B. Riley’s target price suggests a potential upside of 31.33% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. ValuEngine raised shares of Gain Capital from a “hold” rating to a “buy” rating in a report on Thursday, September 5th. TheStreet cut shares of Gain Capital from a “c-” rating to a “d+” rating in a report on Monday, June 10th. Sandler O’Neill set a $5.00 price target on shares of Gain Capital and gave the company a “buy” rating in a report on Tuesday, September 10th. JPMorgan Chase & Co. raised shares of Gain Capital from a “neutral” rating to an “overweight” rating and increased their price target for the company from $5.50 to $6.00 in a report on Thursday, August 15th. Finally, Zacks Investment Research raised shares of Gain Capital from a “hold” rating to a “strong-buy” rating and set a $5.00 price target on the stock in a report on Monday, August 19th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $5.75.

Shares of GCAP stock traded down $0.05 on Thursday, reaching $5.33. The stock had a trading volume of 139,102 shares, compared to its average volume of 242,408. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.51. The firm’s 50-day moving average is $4.88 and its two-hundred day moving average is $4.92. The firm has a market capitalization of $207.55 million, a price-to-earnings ratio of 7.96 and a beta of 0.65. Gain Capital has a 12 month low of $3.75 and a 12 month high of $7.89.



Gain Capital (NYSE:GCAP) last issued its earnings results on Thursday, July 25th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.16. The company had revenue of $75.50 million for the quarter, compared to analysts’ expectations of $73.33 million. Gain Capital had a negative net margin of 6.15% and a negative return on equity of 5.36%. Gain Capital’s quarterly revenue was down 10.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 EPS. On average, sell-side analysts forecast that Gain Capital will post -0.49 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in GCAP. BNP Paribas Arbitrage SA grew its position in shares of Gain Capital by 306.7% during the 1st quarter. BNP Paribas Arbitrage SA now owns 5,670 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 4,276 shares in the last quarter. Menta Capital LLC acquired a new position in shares of Gain Capital during the 2nd quarter worth approximately $65,000. Jane Street Group LLC acquired a new position in shares of Gain Capital during the 2nd quarter worth approximately $103,000. Walleye Trading Advisors LLC acquired a new position in shares of Gain Capital during the 2nd quarter worth approximately $120,000. Finally, Bank of America Corp DE grew its position in shares of Gain Capital by 19.4% during the 4th quarter. Bank of America Corp DE now owns 31,690 shares of the financial services provider’s stock worth $195,000 after purchasing an additional 5,139 shares in the last quarter. 53.12% of the stock is currently owned by hedge funds and other institutional investors.

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 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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