Cboe Global Markets (NASDAQ:CBOE) had its target price cut by Bank of America from $139.00 to $123.00 in a research report sent to investors on Monday morning. They currently have a buy rating on the financial services provider’s stock.
Several other analysts have also issued reports on CBOE. Royal Bank of Canada lowered Cboe Global Markets from an outperform rating to a sector perform rating and boosted their target price for the company from $100.00 to $108.00 in a research note on Monday, October 16th. Citigroup boosted their target price on Cboe Global Markets from $93.00 to $115.00 and gave the company a neutral rating in a research note on Thursday, October 19th. Zacks Investment Research lowered Cboe Global Markets from a buy rating to a hold rating in a research note on Tuesday, November 7th. Deutsche Bank boosted their target price on Cboe Global Markets from $106.00 to $108.00 and gave the company a hold rating in a research note on Wednesday, November 8th. Finally, BidaskClub lowered Cboe Global Markets from a strong-buy rating to a buy rating in a research note on Wednesday, December 20th. Nine research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Cboe Global Markets has an average rating of Hold and an average target price of $115.40.
Shares of Cboe Global Markets (CBOE) opened at $110.68 on Monday. The stock has a market capitalization of $12,152.46, a price-to-earnings ratio of 31.41, a price-to-earnings-growth ratio of 1.15 and a beta of 0.46. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.31 and a quick ratio of 1.57. Cboe Global Markets has a one year low of $77.33 and a one year high of $138.54.
Cboe Global Markets (NASDAQ:CBOE) last issued its earnings results on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.88 by ($0.01). The firm had revenue of $265.60 million during the quarter, compared to the consensus estimate of $267.25 million. Cboe Global Markets had a net margin of 17.80% and a return on equity of 12.74%. The business’s quarterly revenue was up 85.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.63 earnings per share. equities research analysts predict that Cboe Global Markets will post 4.73 EPS for the current year.
In related news, VP Christopher A. Isaacson sold 7,019 shares of the business’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $124.42, for a total transaction of $873,303.98. Following the sale, the vice president now directly owns 90,229 shares in the company, valued at approximately $11,226,292.18. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Frank E. Jr. English sold 300 shares of the business’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 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. Over the last quarter, insiders have sold 12,989 shares of company stock worth $1,622,840. 1.86% of the stock is currently owned by corporate insiders.
Large investors have recently added to or reduced their stakes in the stock. SeaCrest Wealth Management LLC bought a new position in Cboe Global Markets in the 4th quarter worth about $143,000. AlphaOne Investment Services LLC bought a new position in Cboe Global Markets in the 4th quarter worth about $162,000. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its stake in Cboe Global Markets by 240.0% in the 4th quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,360 shares of the financial services provider’s stock worth $169,000 after acquiring an additional 960 shares during the last quarter. Winslow Evans & Crocker Inc. increased its stake in Cboe Global Markets by 720.0% in the 3rd quarter. Winslow Evans & Crocker Inc. now owns 1,886 shares of the financial services provider’s stock worth $203,000 after acquiring an additional 1,656 shares during the last quarter. Finally, W. E. Donoghue & Co. LLC bought a new position in Cboe Global Markets in the 2nd quarter worth about $203,000. Institutional investors own 83.54% of the company’s stock.
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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).
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