Brokerages Expect Gain Capital Holdings Inc (GCAP) to Post $0.11 EPS

Equities research analysts expect that Gain Capital Holdings Inc (NYSE:GCAP) will report earnings of $0.11 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Gain Capital’s earnings, with the lowest EPS estimate coming in at $0.09 and the highest estimate coming in at $0.12. Gain Capital reported earnings of $0.36 per share during the same quarter last year, which would indicate a negative year over year growth rate of 69.4%. The business is expected to report its next quarterly earnings results on Thursday, April 25th.

On average, analysts expect that Gain Capital will report full year earnings of $0.59 per share for the current fiscal year, with EPS estimates ranging from $0.57 to $0.60. For the next year, analysts anticipate that the business will report earnings of $0.87 per share, with EPS estimates ranging from $0.79 to $0.94. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Gain Capital.

GCAP has been the subject of a number of research reports. TheStreet downgraded Gain Capital from a “b-” rating to a “c+” rating in a report on Tuesday, January 15th. ValuEngine downgraded Gain Capital from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Finally, Zacks Investment Research upgraded Gain Capital from a “hold” rating to a “strong-buy” rating and set a $7.25 price objective for the company in a report on Friday, December 28th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. Gain Capital currently has an average rating of “Hold” and a consensus target price of $8.44.

NYSE GCAP opened at $6.39 on Friday. The stock has a market cap of $234.78 million, a PE ratio of 9.66, a price-to-earnings-growth ratio of 1.43 and a beta of 0.48. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.44. Gain Capital has a one year low of $5.68 and a one year high of $8.50.

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Tuesday, March 26th were paid a $0.06 dividend. The ex-dividend date of this dividend was Monday, March 25th. This represents a $0.24 dividend on an annualized basis and a yield of 3.76%. Gain Capital’s dividend payout ratio is 35.82%.

In related news, insider Samantha Roady sold 4,893 shares of Gain Capital stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $6.57, for a total transaction of $32,147.01. Following the completion of the sale, the insider now directly owns 241,257 shares of the company’s stock, valued at approximately $1,585,058.49. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Nigel Rose sold 4,256 shares of Gain Capital stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $6.57, for a total value of $27,961.92. Following the sale, the chief financial officer now directly owns 114,923 shares of the company’s stock, valued at $755,044.11. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,812 shares of company stock valued at $84,175. Corporate insiders own 6.40% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its holdings in Gain Capital by 15.2% during the 3rd quarter. BlackRock Inc. now owns 1,748,115 shares of the financial services provider’s stock worth $11,363,000 after purchasing an additional 230,698 shares during the last quarter. Robotti Robert acquired a new stake in Gain Capital during the 3rd quarter worth approximately $163,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Gain Capital during the 4th quarter worth approximately $352,000. Bridgeway Capital Management Inc. lifted its holdings in Gain Capital by 47.0% during the 3rd quarter. Bridgeway Capital Management Inc. now owns 500,205 shares of the financial services provider’s stock worth $3,251,000 after purchasing an additional 160,000 shares during the last quarter. Finally, First Trust Advisors LP acquired a new stake in Gain Capital during the 3rd quarter worth approximately $221,000. 56.09% of the stock is owned by institutional investors and hedge funds.

About Gain Capital

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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