Equities research analysts expect Cboe Global Markets Inc (NASDAQ:CBOE) to announce earnings per share of $0.88 for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Cboe Global Markets’ earnings. The highest EPS estimate is $0.90 and the lowest is $0.87. Cboe Global Markets posted earnings of $0.63 per share in the same quarter last year, which indicates a positive year over year growth rate of 39.7%. The firm is scheduled to report its next earnings results before the market opens on Friday, February 9th.
On average, analysts expect that Cboe Global Markets will report full year earnings of $3.43 per share for the current year, with EPS estimates ranging from $3.41 to $3.46. For the next year, analysts anticipate that the business will report earnings of $4.75 per share, with EPS estimates ranging from $4.63 to $4.99. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that that provide coverage for Cboe Global Markets.
Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Tuesday, November 7th. The financial services provider reported $0.89 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.01. Cboe Global Markets had a net margin of 10.55% and a return on equity of 14.70%. The business had revenue of $269.70 million for the quarter, compared to the consensus estimate of $270.14 million. During the same quarter in the prior year, the firm posted $0.72 earnings per share. The business’s revenue for the quarter was up 98.0% on a year-over-year basis.
Shares of Cboe Global Markets (NASDAQ CBOE) traded up $0.97 on Friday, hitting $133.88. 885,343 shares of the stock traded hands, compared to its average volume of 1,110,000. Cboe Global Markets has a 1-year low of $75.60 and a 1-year high of $134.15. The stock has a market capitalization of $15,210.00, a P/E ratio of 72.37, a P/E/G ratio of 1.42 and a beta of 0.52. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46.
In related news, VP Christopher A. Isaacson sold 7,019 shares of Cboe Global Markets stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $124.42, for a total value of $873,303.98. Following the completion of 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Edward T. Tilly sold 5,000 shares of Cboe Global Markets stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $126.28, for a total transaction of $631,400.00. Following the completion of the sale, the chairman now owns 70,611 shares of the company’s stock, valued at $8,916,757.08. The disclosure for this sale can be found here. Insiders sold a total of 12,989 shares of company stock valued at $1,622,840 over the last quarter. 1.86% of the stock is owned by company insiders.
A number of hedge funds have recently added to or reduced their stakes in the stock. FMR LLC boosted its stake in Cboe Global Markets by 16.1% in the 2nd quarter. FMR LLC now owns 10,979,841 shares of the financial services provider’s stock worth $1,003,557,000 after purchasing an additional 1,519,882 shares in the last quarter. Vanguard Group Inc. boosted its stake in Cboe Global Markets by 23.8% in the 2nd quarter. Vanguard Group Inc. now owns 9,823,514 shares of the financial services provider’s stock worth $897,869,000 after purchasing an additional 1,886,113 shares in the last quarter. BlackRock Inc. boosted its stake in Cboe Global Markets by 30.7% in the 2nd quarter. BlackRock Inc. now owns 6,411,674 shares of the financial services provider’s stock worth $586,026,000 after purchasing an additional 1,507,072 shares in the last quarter. State Street Corp boosted its stake in Cboe Global Markets by 17.2% in the 2nd quarter. State Street Corp now owns 4,114,972 shares of the financial services provider’s stock worth $376,120,000 after purchasing an additional 604,328 shares in the last quarter. Finally, Artisan Partners Limited Partnership boosted its stake in Cboe Global Markets by 2.2% in the 3rd quarter. Artisan Partners Limited Partnership now owns 2,318,655 shares of the financial services provider’s stock worth $249,557,000 after purchasing an additional 50,004 shares in the last quarter. Institutional investors own 83.81% of the company’s stock.
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Cboe Global Markets Company Profile
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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