TheStreet Downgrades INTL FCStone (INTL) to C

INTL FCStone (NASDAQ:INTL) was downgraded by investment analysts at TheStreet from a “b” rating to a “c” rating in a research note issued on Thursday.

Separately, BidaskClub cut INTL FCStone from a “strong-buy” rating to a “buy” rating in a research report on Thursday, December 7th.

Shares of INTL FCStone (NASDAQ:INTL) opened at $41.89 on Thursday. The company has a current ratio of 1.41, a quick ratio of 0.99 and a debt-to-equity ratio of 0.25. INTL FCStone has a 52-week low of $33.11 and a 52-week high of $44.91. The company has a market capitalization of $769.41, a PE ratio of 132.26 and a beta of 1.70.

INTL FCStone (NASDAQ:INTL) last posted its earnings results on Wednesday, December 13th. The financial services provider reported ($1.27) EPS for the quarter, missing the Zacks’ consensus estimate of $0.97 by ($2.24). INTL FCStone had a return on equity of 1.41% and a net margin of 0.02%. The firm had revenue of $131.10 million for the quarter. During the same quarter in the prior year, the business earned $0.90 EPS.

INTL FCStone announced that its board has approved a share buyback program on Monday, August 21st that permits the company to buyback 1,000,000 outstanding shares. This buyback authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Several institutional investors and hedge funds have recently bought and sold shares of INTL. SG Americas Securities LLC acquired a new stake in shares of INTL FCStone during the third quarter worth about $166,000. BNP Paribas Arbitrage SA grew its holdings in shares of INTL FCStone by 61.1% during the second quarter. BNP Paribas Arbitrage SA now owns 4,412 shares of the financial services provider’s stock worth $167,000 after buying an additional 1,674 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new position in shares of INTL FCStone during the third quarter worth about $275,000. Crossmark Global Holdings Inc. purchased a new position in shares of INTL FCStone during the third quarter worth about $316,000. Finally, Thrivent Financial For Lutherans grew its holdings in shares of INTL FCStone by 6.2% during the second quarter. Thrivent Financial For Lutherans now owns 9,090 shares of the financial services provider’s stock worth $343,000 after buying an additional 530 shares during the last quarter. Institutional investors and hedge funds own 65.13% of the company’s stock.

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INTL FCStone Company Profile

INTL Fcstone Inc is a financial services company. The Company provides financial products, and advisory and execution service. The Company operates through five segments: Commercial Hedging, Global Payments, Securities, Physical Commodities, and Clearing and Execution Services (CES). The Commercial Hedging segment serves its commercial clients through its team of risk management consultants.

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