Cboe Global Markets (NASDAQ:CBOE) Posts Earnings Results, Misses Expectations By $0.04 EPS

Cboe Global Markets (NASDAQ:CBOE) announced its quarterly earnings data on Friday. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04), RTT News reports. Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter last year, the business earned $2.06 earnings per share.

Cboe Global Markets Stock Up 0.7 %

CBOE stock traded up $1.50 during trading on Friday, hitting $208.50. The company had a trading volume of 472,300 shares, compared to its average volume of 743,316. The stock has a market cap of $21.83 billion, a price-to-earnings ratio of 28.41, a PEG ratio of 2.10 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The company has a 50-day simple moving average of $199.62. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66.

Analyst Ratings Changes

A number of analysts have issued reports on the company. William Blair began coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating for the company. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. StockNews.com downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday, January 10th. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research report on Monday, January 6th. Finally, Barclays reduced their price target on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $198.83.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.