CBOE Holdings Given Consensus Rating of “Hold” by Brokerages (NASDAQ:CBOE)
Shares of CBOE Holdings (NASDAQ:CBOE) have earned a consensus rating of “Hold” from the eleven ratings firms that are currently covering the company, Stock Ratings Network.com reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $50.25.
A number of research firms have recently commented on CBOE. 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 51.75 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 $48.98 and its 200-day moving average is $51.67. The company has a market cap of $4.410 billion and a price-to-earnings ratio of 24.94.
CBOE Holdings (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, August 1st. The company reported $0.50 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter 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 declared a quarterly dividend, which is scheduled for Friday, September 19th. Shareholders of record on Friday, August 29th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Wednesday, August 27th. This is a positive change from CBOE Holdings’s previous quarterly dividend of $0.18.
CBOE Holdings, Inc (NASDAQ:CBOE) is the holding company.
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