Stock Market Watch

FXCM Inc – Solid results in the third quarter

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FXCM Inc (NYSE:FXCM). Last Market Price: 10.25, Change: -1.25, % Change: (-10.87%). Shares trade in the range of 9.93 – 11.11 dollars. It has a market capitalization of 173.76M dollars, making it a Small Cap Stock and has 16.95M outstanding shares. As per the most recent quarterly report, the net income per share (EPS) is 0.36; P/E of 28.28 indicating high expected future growth in earnings. It operates in Financial sector and belongs to Investment Services industry. Percentage shares held by institutional investors is 119%. The company has a 52 week Price range (low – high) of $ 8.13 – 15.34. Average volumes of shares traded daily are 188,783. Volume traded in the last session was at 242,471, 1.28 times the average volume.

  • Reports Q3 (Sep)
    • EPS of $0.23, worse than the estimates
    • Revenues rose 20.6% year on year to $109.1 million
  • Company States: FXCM delivered solid results in the third quarter. Our retail client volume of $1,042 billion was a quarterly record. We are particularly pleased that our US operations turned in a particularly solid performance with 38% sequential growth in volume from the second quarter 2011.

For Q2 (Jun ’11), It had a Net profit margin of 3.61%, an Operating margin of 5.61%. Other Key stats and ratios are : Return on average assets of 1.23%, Return on average equity of 12.35%. The organization has an employee strength of 781

Consensus Recommendation is a Outperform.


Estimate for sales for the Quarter Ending Dec-11 show a mean of 101.53 million dollars, an estimate high of 113.17 million dollars and an estimate low of 74.30 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 103.97 million dollars, an estimate high of 125.00 million dollars and an estimate low of 81.00 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.22 dollars, an estimate high of 0.25 dollars and an estimate low of 0.18 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.27 dollars, an estimate high of 0.29 dollars and an estimate low of 0.25 dollars.

Sales for Quarter Ending Jun-11 was estimated at 95.13 million dollars, however the actual sales figure stood at 103.40 million dollars, 8.27 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 73.50 million dollars, however the actual sales figure stood at 77.74 million dollars, 4.24 million dollars more than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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