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Grab These 4 Top-Ranked Solid Net Profit Margin Stocks to Boost Return
ZACKS· 2024-12-02 13:40
Core Insights - Investors favor businesses with consistent profitability, measured effectively by net profit margin, which indicates a company's efficiency in converting sales into profits [1][2] - Companies with strong net profit margins, such as StoneX Group Inc., Universal Technical Institute, Climb Global Solutions, and BGC Group, are highlighted for their solid financial performance [1][13][14][16][18] Financial Metrics - Net profit margin is calculated as Net Profit/Sales * 100, reflecting the amount retained after all expenses [2] - A higher net profit margin not only attracts investors but also skilled employees, enhancing overall business value [3] - Companies with a competitive edge typically have higher net profit margins compared to their peers [4] Investment Considerations - A strong net profit margin provides clarity on a company's business model, including pricing policy and cost structure, making it a preferred metric for investors [5] - However, net profit margin varies significantly across industries, and its relevance can diminish for technology companies [5][6] - Differences in accounting treatments, especially regarding non-cash expenses, complicate comparisons between companies [6] Strategic Focus - A healthy net profit margin combined with solid earnings per share (EPS) growth is essential for a successful business model [7] - Screening parameters for investment include a net margin of at least 0% and positive EPS growth [9][10] Company Highlights - **StoneX Group Inc.**: Offers financial services with a Zacks Rank of 1 and a VGM Score of A; fiscal 2025 earnings estimate increased to $8.04 per share [13] - **Universal Technical Institute**: Provides technical education with a Zacks Rank of 1 and a VGM Score of A; fiscal 2025 earnings estimate revised to 97 cents per share [14][15] - **Climb Global Solutions**: Specializes in IT distribution with a Zacks Rank of 1 and a VGM Score of A; fiscal 2024 earnings estimate increased to $4.14 per share [16][17] - **BGC Group**: A brokerage and financial technology firm with a Zacks Rank of 1 and a VGM Score of B; fiscal 2024 earnings estimate revised to 99 cents per share [18][19]
BGC's Howard W. Lutnick Nominated for U.S. Secretary of Commerce
Prnewswire· 2024-11-21 21:05
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC") Chairman and Chief Executive Officer Howard W. Lutnick provided the following statement:"I am deeply honored to have been nominated by President Donald J. Trump to serve as the 41st U.S. Secretary of Commerce. I look forward to this new chapter in my life, working for President Trump to promote economic growth, drive innovation, and strengthen our nation's financial security. Upon U.S. Senate confirmation, I will step down from my ...
BGC Group: Entering A Growth Spurt
Seeking Alpha· 2024-11-12 09:24
BGC Group (NASDAQ: BGC ) has improved its growth prospects with recent investments in technology and fully electronic trading solutions. The Fenics business is driving recent growth in the fundamentals, and I expect this trend to continueAmateur value investor seeking bargains in any market, with a specific focus on emerging markets. Admires great investors such as Li Lu and Peter Lynch, and am not afraid to go against the grain. Willing to buy any company at the right price, and is looking for low-risk and ...
BGC(BGC) - 2024 Q3 - Quarterly Report
2024-11-08 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________ Class A Common Stock, $0.01 par value BGC The Nasdaq Stock Market, LLC FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | |---------------- ...
BGC Group (BGC) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-11-05 18:00
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify effective metrics for momentum, addressing the challenges in defining momentum [2] Group 2: BGC Group Performance - BGC Group currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] - Over the past week, BGC shares increased by 8.3%, while the Zacks Financial - Investment Bank industry remained flat [6] - BGC shares have risen 11.56% in the last quarter and 65.52% over the past year, significantly outperforming the S&P 500, which increased by 7.29% and 32.85% respectively [7] Group 3: Trading Volume and Earnings Outlook - BGC's average 20-day trading volume is 3,076,542 shares, which serves as a bullish indicator when combined with rising stock prices [8] - In the past two months, one earnings estimate for BGC has increased, raising the consensus estimate from $0.92 to $0.99, with no downward revisions [10]
BGC(BGC) - 2024 Q3 - Earnings Call Transcript
2024-10-31 20:54
BGC Group, Inc. (NASDAQ:BGC) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Jason Chryssicas - Head, Investor Relations Howard Lutnick - Chairman & Chief Executive Officer Sean Windeatt - Chief Operating Officer Jason Hauf - Chief Financial Officer Conference Call Participants Patrick Moley - Piper Sandler Operator Greetings, and welcome to the BGC Group Incorporated's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. A question-a ...
BGC(BGC) - 2024 Q3 - Earnings Call Presentation
2024-10-31 19:55
BGC GROUP, INC. NASDAQ: BGC EARNINGS PRESENTATION Q3 2024 ¯bgc 2 DISCLAIMER DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT BGC Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking ...
BGC Group (BGC) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-31 14:30
Group 1 - BGC Group reported quarterly earnings of $0.26 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, and up from $0.19 per share a year ago, representing an earnings surprise of 13.04% [1] - The company posted revenues of $561.11 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.34%, compared to year-ago revenues of $482.69 million [2] - BGC Group shares have increased approximately 32.3% since the beginning of the year, outperforming the S&P 500's gain of 21.9% [3] Group 2 - The current consensus EPS estimate for the coming quarter is $0.22 on revenues of $538.9 million, and for the current fiscal year, it is $0.93 on revenues of $2.21 billion [7] - The Zacks Industry Rank for Financial - Investment Bank is currently in the top 16% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]
BGC(BGC) - 2024 Q3 - Quarterly Results
2024-10-31 12:03
BGC GROUP REPC ORTS THIRD QUARTER 2024 FINANCIAL RESULTS EXHIBIT 99.1 NEW YORK – October 31, 2024 – BGC Group, Inc. (Nasdaq: BGC) today reported its financial results Howard W. Lutnick, Chairman and CEO: "We delivered record third quarter revenues of $561 million, up 16 percent compared to last year. Our strong performance reflected growth across every asset class and region, which drove our pre-tax Adjusted Earnings up more than 24 percent. We agreed to acquire OTC Global Holdings, the largest independent ...
BGC Reports Third Quarter 2024 Financial Results
Prnewswire· 2024-10-31 12:00
BGC Declares Quarterly Dividend of 2 CentsConference Call to Discuss Results Scheduled for 10:00 AM ET TodayNEW YORK, Oct. 31, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today reported its financial results for the third quarter ended September 30, 2024.A complete financial results press release, including information about today's conference call and BGC's most recent dividend declaration, is available at http://ir.bgcg.com/, along with BGC's earnings presentation and supplemental financial tables. ...