Cboe Global Markets (BATS:CBOE) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Cboe Global Markets (BATS:CBOE) issued its quarterly earnings results on Friday. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.13 by ($0.03), Zacks reports. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%.

Cboe Global Markets Stock Performance

BATS CBOE traded up $17.95 during midday trading on Friday, hitting $211.32. The company had a trading volume of 1,780,143 shares, compared to its average volume of 636,231. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock has a market cap of $22.41 billion, a price-to-earnings ratio of 107.49 and a beta of 0.61. The firm has a fifty day simple moving average of $199.80 and a two-hundred day simple moving average of $203.60. Cboe Global Markets has a fifty-two week low of $103.82 and a fifty-two week high of $139.00.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Oppenheimer increased their target price on shares of Cboe Global Markets from $209.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. Morgan Stanley downgraded shares of Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 price target on the stock. in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft upgraded shares of Cboe Global Markets from a “hold” rating to a “buy” rating and raised their price target for the company from $212.00 to $222.00 in a report on Monday, November 11th. Barclays cut their price target on shares of Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a report on Monday, November 4th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $220.00 price target on shares of Cboe Global Markets in a report on Monday, November 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $211.36.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.