Gain Capital (NYSE:GCAP) Stock Rating Lowered by Zacks Investment Research

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Zacks Investment Research cut shares of Gain Capital (NYSE:GCAP) from a hold rating to a strong sell rating in a report released on Thursday, Zacks.com reports.

According to Zacks, “institutional foreign exchange, trading and related services providing direct access to the global OTC foreign exchange markets, where participants trade directly with one another. Its trading platforms provide information and analytical tools that allow customers to identify, analyze and execute their trading strategies. GAIN also offers retail customers located outside the United States access to other global markets on an OTC basis, including the spot gold and silver markets, as well as equity indices and commodities. Its forex trading activities are regulated in the US by the Commodity Futures Trading Commission and the National Futures Association, in the UK by the Financial Services Authority, in Japan by the Financial Services Agency, in Hong Kong by the Securities and Futures Commission and in Australia by the Australian Securities and Investments Commission. GAIN Capital Holdings, Inc is based in Bedminster, New Jersey. “

A number of other equities research analysts also recently weighed in on GCAP. TheStreet downgraded Worthington Industries from a b- rating to a c+ rating in a research report on Monday, June 10th. ValuEngine upgraded ZTE CORP/ADR from a hold rating to a buy rating in a research report on Monday, April 15th.

Shares of Gain Capital stock opened at $4.05 on Thursday. The company has a market capitalization of $149.41 million, a price-to-earnings ratio of 6.04 and a beta of 0.72. The company has a 50-day moving average price of $4.01. Gain Capital has a fifty-two week low of $3.75 and a fifty-two week high of $7.90. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.29 and a current ratio of 1.29.

Gain Capital (NYSE:GCAP) last issued its quarterly earnings data on Thursday, April 25th. The financial services provider reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.72) by ($0.04). The business had revenue of $38.40 million during the quarter, compared to the consensus estimate of $39.26 million. Gain Capital had a negative return on equity of 4.73% and a net margin of 16.24%. The business’s quarterly revenue was down 61.0% compared to the same quarter last year. During the same period last year, the company earned $0.36 earnings per share. On average, equities analysts anticipate that Gain Capital will post -0.68 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a $0.06 dividend. The ex-dividend date of this dividend was Friday, June 21st. This represents a $0.24 dividend on an annualized basis and a yield of 5.93%. Gain Capital’s dividend payout ratio (DPR) is 35.82%.

Large investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA increased its stake in shares of Gain Capital by 306.7% in the first quarter. BNP Paribas Arbitrage SA now owns 5,670 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 4,276 shares during the last quarter. Bank of America Corp DE increased its position in Gain Capital by 19.4% during the fourth quarter. Bank of America Corp DE now owns 31,690 shares of the financial services provider’s stock worth $195,000 after buying an additional 5,139 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Gain Capital by 12.3% during the first quarter. Janney Montgomery Scott LLC now owns 82,414 shares of the financial services provider’s stock worth $518,000 after buying an additional 9,006 shares during the last quarter. Signia Capital Management LLC increased its position in Gain Capital by 2.2% during the first quarter. Signia Capital Management LLC now owns 427,678 shares of the financial services provider’s stock worth $2,685,000 after buying an additional 9,215 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC increased its position in Gain Capital by 20.6% during the first quarter. O Shaughnessy Asset Management LLC now owns 58,878 shares of the financial services provider’s stock worth $370,000 after buying an additional 10,038 shares during the last quarter. Institutional investors own 54.89% of the company’s stock.

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 two segments, Retail and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets. The company offers access to a range of financial products, including spot foreign exchange (forex) and precious metals trading; and spread bets and contracts for differences on currencies, commodities, indices, individual equities, bonds, options, and interest rate products, as well as OTC options on forex.

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