BGC Group Inc (BGC) stock price forecast predicts $11.5 value

A share price of BGC Group Inc [BGC] is currently trading at $8.82, up 5.00%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BGC shares have lost -1.23% over the last week, with a monthly amount glided 2.56%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

BGC Group Inc experienced fluctuations in its stock price throughout the past year between $4.80 and $9.75. Currently, Wall Street analysts expect the stock to reach $11.5 within the next 12 months. BGC Group Inc [NASDAQ: BGC] shares were valued at $8.82 at the most recent close of the market. An investor can expect a potential return of 30.39% based on the average BGC price forecast.

Analyzing the BGC fundamentals

Trailing Twelve Months sales for BGC Group Inc [NASDAQ:BGC] were 2.13B which represents 11.68% growth. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.14 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.69.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.44 points at the first support level, and at 8.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.08, and for the 2nd resistance point, it is at 9.34.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 2.04, the price to book ratio is 5.03 and price to earnings (TTM) ratio is 35.99.

Transactions by insiders

Recent insider trading involved Windeatt Sean A, Chief Operating Officer, that happened on May 07 ’24 when 0.12 million shares were sold. Chief Operating Officer, Windeatt Sean A completed a deal on May 06 ’24 to sell 40000.0 shares.

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