Cboe Global Markets Inc (NASDAQ:CBOE) has earned an average recommendation of “Buy” from the fourteen research firms that are covering the firm, Marketbeat.com reports. Eight research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $118.64.
CBOE has been the subject of a number of research reports. Rosenblatt Securities raised shares of Cboe Global Markets from a “neutral” rating to a “buy” rating in a report on Monday, February 12th. Deutsche Bank raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating and decreased their price objective for the stock from $137.00 to $120.00 in a report on Monday, February 12th. BidaskClub downgraded shares of Cboe Global Markets from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 20th. Bank of America decreased their price objective on shares of Cboe Global Markets from $139.00 to $123.00 and set a “buy” rating for the company in a report on Monday, February 12th. Finally, UBS Group reiterated a “buy” rating and issued a $120.00 target price (down from $136.00) on shares of Cboe Global Markets in a research note on Tuesday, February 13th.
In other Cboe Global Markets news, Chairman Edward T. Tilly sold 5,000 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $126.28, for a total value of $631,400.00. Following the sale, the chairman now directly owns 70,611 shares in the company, valued at $8,916,757.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frank E. Jr. English sold 300 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $123.80, for a total value of $37,140.00. Following the completion of the sale, the director now owns 4,214 shares in the company, valued at $521,693.20. The disclosure for this sale can be found here. Insiders sold 12,989 shares of company stock worth $1,622,840 over the last quarter. 1.86% of the stock is currently owned by company insiders.
Cboe Global Markets (NASDAQ CBOE) traded down $6.00 during trading on Friday, reaching $111.45. 2,804,000 shares of the company’s stock were exchanged, compared to its average volume of 1,681,506. The firm has a market capitalization of $12,644.87, a P/E ratio of 31.39, a PEG ratio of 1.37 and a beta of 0.46. The company has a current ratio of 1.31, a quick ratio of 1.57 and a debt-to-equity ratio of 0.40. Cboe Global Markets has a 1 year low of $77.33 and a 1 year high of $138.54.
Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.87 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.01). The business had revenue of $265.60 million during the quarter, compared to analyst estimates of $267.25 million. Cboe Global Markets had a return on equity of 12.74% and a net margin of 17.80%. The business’s revenue for the quarter was up 85.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.63 EPS. research analysts predict that Cboe Global Markets will post 4.63 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Shareholders of record on Friday, March 2nd will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend is Thursday, March 1st. Cboe Global Markets’s payout ratio is 30.42%.
COPYRIGHT VIOLATION NOTICE: “Analysts Set Cboe Global Markets Inc (CBOE) Price Target at $118.64” was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this news story on another domain, it was copied illegally and republished in violation of US and international copyright law. The legal version of this news story can be accessed at https://www.chaffeybreeze.com/2018/02/20/analysts-set-cboe-global-markets-inc-cboe-price-target-at-118-64.html.
About Cboe Global Markets
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.