Forget What Wall Street Says: BGC Partners, Inc. (BGCP), Jacobs Engineering Group Inc. (JEC)

BGC Partners, Inc. (NASDAQ:BGCP) recent rally took place on significantly less volume which dipped to nearly 1.4 million contracts on 09-Aug-18 versus its daily average of 2.69 million. The first sale was made at $10.99 but later the stock became weaker, and closed with a gain of 0.91%. It was last traded at $11.1 apiece.

BGC Partners, Inc. (BGCP): Buy Candidate With 55.41% Upside Potential

BGC Partners, Inc. is maintained at an average buy rating by 1 stock analysts, and there are at least 1.45% of shares outstanding that are currently legally short sold. The shares went down by -1.16% in value last month. Year-to-date it plunged -26.54%. Analysts are turning out to be more optimistic than before, with 1 of analysts who cover BGC Partners, Inc. (NASDAQ:BGCP) advice adding it to buy candidate list. Wall Street experts also assign a $17.25 price target on BGC Partners, Inc., pointing towards a 55.41% rally from current levels. The stock is trading for about -34.59% less than its 52-week high.

BGC Partners, Inc. Reports -2.05% Sales Growth

BGC Partners, Inc. (BGCP) remained successful in beating the consensus-estimated $0.28 as it actually earned $0.3 per share in its last reported financial results. Revenue, on the other hand, scored -2.05% growth from the previous quarter, coming up with $937.05 million.

BGCP Adds 0.09% In A Week

This company shares (BGCP) so far managed to recover 6.83% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 2.36% while shortening the period to a week, volatility was 2.39%. The share price has already crossed its 20 days moving average, floating at a distance of 1.04% and sits -2.17% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned 0.09% gains and is down by -17.77% compared with its 200-day moving average of $12.62. Also, BGC Partners, Inc. (BGCP) needs to overturn a -12.6% decrease it experienced over the past twelve months.

Jacobs Engineering Group Inc. (NYSE:JEC) Consensus Call At 2.1

As regular trading ended, Jacobs Engineering Group Inc. (JEC) stock brought in a -$0.32 drop to $72.56. The day started at a price of $72.88 but then traded as high as $73.3 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.1. Jacobs Engineering Group Inc. is given 6 buy-equivalent recommendations, 0 sells and 3 holds. The company shares sank -1.81% from their peak of $73.9 and now has a $10.28 billion market value of equity.

Jacobs Engineering Group Inc. Could Grow 4.93% More

JEC’s mean recommendation on Reuter’s scale slipped from 1.93 thirty days ago to 1.8 now, which indicates a buy consensus from the analyst community. They see Jacobs Engineering Group Inc. (JEC) price hitting a mean target of $76.14 a share, meaning the stock still has potential that could lift the price another 4.93%. Also, the recent close suggests the stock is underpriced by 24.04% compared to the most bullish target.

Jacobs Engineering Group Inc. (JEC) Returns 10.01% This Year

The company had seen its current volume reaching at 1.4 million shares in the last trade. That compares with the recent volume average of 1.1 million. At the close of regular trading, its last week’s stock price volatility was 1.97% which for the month reaches 3.02%. Jacobs Engineering Group Inc. dipped to as low as $72.46 throughout the day and has returned 10.01% in this year. At one point in the past year, the shares traded as low as $49.31 but has recovered 47.15% since then.