General Cable (BGC) Earns Coverage Optimism Score of 0.18

Headlines about General Cable (NYSE:BGC) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. General Cable earned a news impact score of 0.18 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 48.417896603109 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

General Cable stock opened at $29.85 on Tuesday. The company has a debt-to-equity ratio of 8.52, a quick ratio of 1.26 and a current ratio of 2.26. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 50.51 and a beta of 2.56. General Cable has a one year low of $29.80 and a one year high of $29.88.

General Cable (NYSE:BGC) last posted its earnings results on Monday, May 7th. The industrial products company reported $0.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.05. The firm had revenue of $1.02 billion for the quarter. General Cable had a negative net margin of 1.86% and a positive return on equity of 47.12%. During the same period in the previous year, the company earned $0.27 earnings per share.

About General Cable

General Cable Corporation develops, designs, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the energy, industrial, construction, specialty, and communications markets. It offers electric utility products, including low- and medium-voltage distribution cables; high- and extra-high voltage power transmission cables; bare overhead conductors; and submarine transmission and distribution cables.

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