Cboe Global Markets, Inc. (NASDAQ:CBOE – Get Free Report) has been given an average rating of “Hold” by the sixteen brokerages that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $246.6154.
A number of research firms have recently weighed in on CBOE. Barclays upped their price objective on Cboe Global Markets from $264.00 to $273.00 and gave the stock an “equal weight” rating in a research report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. UBS Group boosted their target price on Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Morgan Stanley upped their price target on shares of Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research report on Monday. Finally, Citigroup increased their price objective on Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd.
Read Our Latest Research Report on CBOE
Institutional Investors Weigh In On Cboe Global Markets
Institutional investors have recently made changes to their positions in the stock. Missouri Trust & Investment Co purchased a new stake in shares of Cboe Global Markets during the 2nd quarter worth approximately $26,000. Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets during the second quarter worth $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Cboe Global Markets in the 2nd quarter valued at about $33,000. Physician Wealth Advisors Inc. grew its holdings in Cboe Global Markets by 70.5% in the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 55 shares during the period. Finally, Ameriflex Group Inc. grew its stake in shares of Cboe Global Markets by 97.4% during the 3rd quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after buying an additional 76 shares during the period. 82.67% of the stock is currently owned by hedge funds and other institutional investors.
Cboe Global Markets Stock Up 0.5%
Cboe Global Markets stock opened at $255.96 on Thursday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The company has a market capitalization of $26.78 billion, a PE ratio of 35.45, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. Cboe Global Markets has a fifty-two week low of $187.30 and a fifty-two week high of $262.98. The firm has a 50 day moving average price of $250.18 and a 200 day moving average price of $242.15.
Cboe Global Markets (NASDAQ:CBOE – Get Free Report) last announced its earnings results on Friday, October 31st. The company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.22 earnings per share. Research analysts expect that Cboe Global Markets will post 8.96 earnings per share for the current year.
Cboe Global Markets Announces Dividend
The company also recently disclosed a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were given a $0.72 dividend. The ex-dividend date was Friday, November 28th. This represents a yield of 112.0%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 30.93%.
Cboe Global Markets Company Profile
Cboe Global Markets NASDAQ: CBOE is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.
The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.
Further Reading
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