Shares of Interactive Brokers Group (NASDAQ:CBOE) have received an average broker rating score of 1.89 (Buy) from the nine brokers that provide coverage for the stock, Zacks Investment Research reports. Four analysts have rated the stock with a hold rating and five have given a strong buy rating to the company. Interactive Brokers Group’s rating score has declined by 3.8% from three months ago as a result of a number of analysts’ ratings changes.
Brokerages have set a 12-month consensus target price of $116.44 for the company and are forecasting that the company will post $1.10 EPS for the current quarter, according to Zacks. Zacks has also assigned Interactive Brokers Group an industry rank of 173 out of 256 based on the ratings given to its competitors.
Separately, Barclays upped their price target on shares of Interactive Brokers Group from $102.00 to $106.00 and gave the stock an “equal weight” rating in a research report on Monday, August 5th.
In other Interactive Brokers Group news, Director Carole E. Stone sold 2,766 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $117.70, for a total value of $325,558.20. Following the completion of the sale, the director now owns 13,819 shares in the company, valued at approximately $1,626,496.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Edward T. Tilly sold 7,500 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $115.18, for a total transaction of $863,850.00. Following the completion of the sale, the chairman now owns 135,048 shares of the company’s stock, valued at approximately $15,554,828.64. The disclosure for this sale can be found here.
Shares of CBOE traded down $0.42 during mid-day trading on Friday, hitting $120.30. 71,717 shares of the company were exchanged, compared to its average volume of 712,290. Interactive Brokers Group has a 1-year low of $87.87 and a 1-year high of $121.87.
Interactive Brokers Group (NASDAQ:CBOE) last released its quarterly earnings results on Friday, August 2nd. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.06. The company had revenue of $283.20 million for the quarter, compared to analyst estimates of $282.40 million. During the same quarter last year, the company earned $1.05 EPS. The firm’s revenue for the quarter was down .1% on a year-over-year basis.
Interactive Brokers Group Company Profile
Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. It operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and offers exchange-traded products (ETP) transaction and ETP listing services.
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