CBOE Holdings Given Consensus Recommendation of “Hold” by Brokerages (NASDAQ:CBOE)
Shares of CBOE Holdings (NASDAQ:CBOE) have earned an average recommendation of “Hold” from the eleven ratings firms that are covering the company, American Banking News reports. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $50.25.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of CBOE Holdings from a “neutral” rating to an “underperform” rating in a research note on Friday, August 8th. They now have a $46.00 price target on the stock. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of CBOE Holdings in a research note on Monday, August 4th. They now have a $48.00 price target on the stock, down previously from $49.00. Finally, analysts at JPMorgan Chase & Co. reiterated a “hold” rating on shares of CBOE Holdings in a research note on Tuesday, July 8th. They now have a $48.50 price target on the stock, down previously from $49.00.
CBOE Holdings (NASDAQ:CBOE) opened at 50.45 on Friday. CBOE Holdings has a one year low of $44.44 and a one year high of $59.28. The stock’s 50-day moving average is $48.85 and its 200-day moving average is $51.62. The company has a market cap of $4.299 billion and a P/E ratio of 24.62.
CBOE Holdings (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.50 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.52 by $0.02. The company had revenue of $143.90 million for the quarter, compared to the consensus estimate of $146.24 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was down 4.6% on a year-over-year basis. Analysts expect that CBOE Holdings will post $2.15 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, September 19th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Wednesday, August 27th. This is a boost from CBOE Holdings’s previous quarterly dividend of $0.18.
CBOE Holdings, Inc (NASDAQ:CBOE) is the holding company.
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