Gain Capital (GCAP) Stock Rating Upgraded by TheStreet

Gain Capital (NYSE:GCAP) was upgraded by equities research analysts at TheStreet from a “c” rating to a “b-” rating in a research report issued on Friday.

Several other equities analysts have also weighed in on GCAP. Zacks Investment Research upgraded shares of Gain Capital from a “hold” rating to a “buy” rating and set a $8.50 price objective on the stock in a report on Friday. ValuEngine upgraded shares of Gain Capital from a “hold” rating to a “buy” rating in a report on Tuesday, October 16th. Jefferies Financial Group restated a “buy” rating and issued a $10.00 price objective on shares of Gain Capital in a report on Friday, July 13th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Gain Capital in a report on Friday, August 31st. They issued a “neutral” rating and a $9.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $8.75.

Shares of GCAP stock opened at $7.39 on Friday. Gain Capital has a 1 year low of $6.08 and a 1 year high of $13.26. The company has a market cap of $331.24 million, a PE ratio of -36.95, a P/E/G ratio of 1.47 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.

Gain Capital (NYSE:GCAP) last announced its earnings results on Thursday, October 25th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.17. Gain Capital had a net margin of 25.74% and a return on equity of 9.40%. The company had revenue of $95.50 million for the quarter, compared to analyst estimates of $85.77 million. Research analysts predict that Gain Capital will post 0.68 EPS for the current year.

In other Gain Capital news, Director Alex Goor acquired 45,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 7th. The shares were acquired at an average cost of $7.03 per share, for a total transaction of $316,350.00. Following the completion of the acquisition, the director now directly owns 196,093 shares of the company’s stock, valued at approximately $1,378,533.79. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 6.40% of the company’s stock.

Large investors have recently modified their holdings of the business. Paloma Partners Management Co bought a new stake in Gain Capital in the second quarter valued at approximately $247,000. CSat Investment Advisory L.P. bought a new stake in Gain Capital in the second quarter valued at approximately $900,000. Acadian Asset Management LLC bought a new stake in Gain Capital in the second quarter valued at approximately $2,729,000. Boston Partners bought a new stake in Gain Capital in the second quarter valued at approximately $2,277,000. Finally, Weber Alan W increased its stake in Gain Capital by 22.8% in the second quarter. Weber Alan W now owns 806,774 shares of the financial services provider’s stock valued at $6,091,000 after purchasing an additional 150,001 shares in the last quarter. 53.41% of the stock is 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 three segments: Retail, Institutional, and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets.

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