GAMCO Investors Inc (GBL) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 07, 2020
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GAMCO Investors Inc (GBL, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. GAMCO Investors Inc provides asset-management services for individual and institutional investors. Through its subsidiaries, it manages separate accounts; Gabelli Funds, and Gabelli Securities. The company's product mix is more inclined towards equities. GAMCO Investors Inc has a market cap of $387.348 million; its shares were traded at around $14.09 with a P/E ratio of 4.72 and P/S ratio of 1.29. The dividend yield of GAMCO Investors Inc stocks is 0.57%. GAMCO Investors Inc had annual average EBITDA growth of 8.40% over the past ten years. GuruFocus has detected 1 severe warning sign with GAMCO Investors Inc. .

For the last quarter GAMCO Investors Inc reported a revenue of $86.3 million, compared with the revenue of $80.98 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $312.4 million, a decrease of 8.5% from the previous year. For the complete 30-year financial data, please go here.. For the last five years GAMCO Investors Inc had an average revenue decline of 5% a year.

The reported diluted earnings per share was $2.98 for the year, a decline of 26.8% from the previous year. Over the last five years GAMCO Investors Inc had an average EPS decline of 4.3% a year. The GAMCO Investors Inc had a decent operating margin of 37.77%, compared with the operating margin of 54.7% a year before. The 10-year historical median operating margin of GAMCO Investors Inc is 39.50%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, GAMCO Investors Inc has the cash and cash equivalents of $86.1 million, compared with $41.2 million in the previous year. The long term debt was $24.2 million, compared with $29.0 million in the previous year. The interest coverage to the debt is at a comfortable level of 45.2. GAMCO Investors Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $14.09, GAMCO Investors Inc is traded at 45.8% discount to its historical median P/S valuation band of $26.01. The P/S ratio of the stock is 1.29, while the historical median P/S ratio is 2.35. The stock lost 29.47% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Leslie B Daniels bought 10,000 shares of GBL stock on 03/03/2020 at the average price of $15.33. The price of the stock has decreased by 8.09% since.

For the complete 20-year historical financial data of GBL, click here.