GAIN Capital Holdings (GCAP) Earns Daily Coverage Optimism Rating of 0.08
News articles about GAIN Capital Holdings (NYSE:GCAP) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. GAIN Capital Holdings earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 45.2314440060848 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several equities research analysts have recently weighed in on GCAP shares. TheStreet raised shares of GAIN Capital Holdings from a “c” rating to a “b-” rating in a research report on Monday, August 7th. Jefferies Group LLC reissued a “buy” rating and issued a $8.50 target price (down previously from $9.00) on shares of GAIN Capital Holdings in a research report on Friday, August 4th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $7.00 target price on shares of GAIN Capital Holdings in a research report on Friday, May 5th. Zacks Investment Research raised shares of GAIN Capital Holdings from a “strong sell” rating to a “hold” rating and set a $7.25 target price for the company in a research report on Monday, July 10th. Finally, BidaskClub downgraded shares of GAIN Capital Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $7.58.
GAIN Capital Holdings (NYSE GCAP) traded down 0.63% during midday trading on Thursday, hitting $6.30. 124,161 shares of the stock traded hands. The company has a 50-day moving average of $6.63 and a 200-day moving average of $6.92. GAIN Capital Holdings has a 1-year low of $4.54 and a 1-year high of $8.75. The stock has a market cap of $297.62 million, a PE ratio of 27.63 and a beta of 0.29.
GAIN Capital Holdings (NYSE:GCAP) last issued its quarterly earnings results on Thursday, August 3rd. The financial services provider reported $0.25 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.25. GAIN Capital Holdings had a net margin of 3.21% and a return on equity of 2.85%. The firm had revenue of $98.10 million during the quarter, compared to the consensus estimate of $98.70 million. During the same period in the prior year, the firm earned $0.27 EPS. The business’s revenue was down 9.2% on a year-over-year basis. On average, equities analysts expect that GAIN Capital Holdings will post $0.19 EPS for the current fiscal year.
GAIN Capital Holdings announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 17th that authorizes the company to repurchase $35.00 million in shares. This repurchase authorization authorizes the financial services provider to purchase up to 12.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 19th. Shareholders of record on Tuesday, September 12th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date is Monday, September 11th. GAIN Capital Holdings’s dividend payout ratio (DPR) is presently 104.35%.
In other news, Director Christopher Warren Calhoun sold 5,000 shares of the stock in a transaction on Monday, July 17th. The shares were sold at an average price of $6.39, for a total value of $31,950.00. Following the completion of the transaction, the director now owns 50,149 shares in the company, valued at approximately $320,452.11. The sale was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Ltd Ipgl acquired 36,675 shares of the company’s stock in a transaction dated Monday, August 21st. The stock was acquired at an average price of $6.25 per share, with a total value of $229,218.75. The disclosure for this purchase can be found here. Over the last three months, insiders sold 40,000 shares of company stock valued at $270,078. Insiders own 5.00% of the company’s stock.
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About GAIN Capital Holdings
GAIN Capital Holdings, Inc (GAIN) is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Company’s segments include Retail segment, Institutional segment and Futures segment. Through its retail segment, the Company provides its retail customers across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.
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