Professional
Added to YB: 2024-05-02
Pitch date: 2024-04-25
BGC [bullish]
BGC Group, Inc.
+28.57%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
BGC Group, Inc. operates as a financial brokerage and technology company in the United States, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$4.6B
Pitch Price
$8.08
Price Target
10.00 (-4%)
Dividend
0.82%
EV/EBITDA
N/A
P/E
31.64
EV/Sales
N/A
Sector
Capital Markets
Category
growth
Show full summary:
O'Keefe Stevens Advisory Portfolio Holding: BGC Group, Inc.
BGC: Q4 update - Fenics revs +20% y/y (Rates +25%, Credit +43%). Sees decade+ of growth post-0% rate era. FMX Futures Exchange launching to rival CME monopoly. Added to S&P600, 46M shares bought. Still undervalued at $10+ fair value on Fenics' higher margins & lower capital intensity.
Read full article (1 min)