CBOE Holdings Given New $48.00 Price Target at Credit Suisse (CBOE)
Research analysts at Credit Suisse lifted their target price on shares of CBOE Holdings (NASDAQ:CBOE) from $42.00 to $48.00 in a report released on Friday, ARN reports. Credit Suisse’s price target indicates a potential downside of 10.15% from the company’s current price.
CBOE Holdings (NASDAQ:CBOE) traded up 3.37% during mid-day trading on Friday, hitting $53.42. 710,166 shares of the company’s stock traded hands. CBOE Holdings has a one year low of $34.17 and a one year high of $54.79. The stock’s 50-day moving average is $50.87 and its 200-day moving average is $49.31. The company has a market cap of $4.658 billion and a P/E ratio of 26.96.
CBOE Holdings (NASDAQ:CBOE) last announced its earnings results on Thursday, February 6th. The company reported $0.52 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.48 by $0.04. The company had revenue of $141.80 million for the quarter, compared to the consensus estimate of $142.11 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s quarterly revenue was up 9.0% on a year-over-year basis. On average, analysts predict that CBOE Holdings will post $1.99 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 21st. Stockholders of record on Friday, February 28th will be paid a dividend of 0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Wednesday, February 26th.
CBOE Holdings, Inc (NASDAQ:CBOE) is the holding company.
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