Interactive Brokers Group Inc. Reaches New 12-Month High at $17.69 (IBKR)
Interactive Brokers Group (NASDAQ:IBKR)’s share price reached a new 52-week high on Thursday, Analyst Ratings Network.com reports. The company traded as high as $17.69 and last traded at $17.63, with a volume of 307,111 shares traded. The stock had previously closed at $17.46.
IBKR has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Interactive Brokers Group (NASDAQ:IBKR) in a research note to investors on Friday, August 23rd. They now have a $18.00 price target on the stock. Separately, analysts at TheStreet upgraded shares of Interactive Brokers Group (NASDAQ:IBKR) from a “hold” rating to a “buy” rating in a research note to investors on Thursday, July 18th. Finally, analysts at Keefe, Bruyette & Woods upgraded shares of Interactive Brokers Group (NASDAQ:IBKR) from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, July 16th.
Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $16.67.
In other Interactive Brokers Group news, SVP Milan Galik unloaded 3,000 shares of the stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $17.10, for a total transaction of $51,300.00. Following the completion of the sale, the senior vice president now directly owns 803,604 shares of the company’s stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Interactive Brokers Group has a 52 week low of $13.48 and a 52 week high of $17.61. The stock has a 50-day moving average of $16.95 and a 200-day moving average of $15.84. The company has a market cap of $878.9 million and a price-to-earnings ratio of 21.69.
Interactive Brokers Group (NASDAQ:IBKR) last issued its quarterly earnings data on Tuesday, July 16th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.25 by $0.04. The company had revenue of $284.00 million for the quarter, compared to the consensus estimate of $319.78 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Analysts expect that Interactive Brokers Group will post $0.73 EPS for the current fiscal year.
Interactive Brokers Group, Inc (NASDAQ:IBKR) is a holding company.
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