CBOE Holdings, Inc. (NASDAQ:CBOE) has earned a consensus rating of “Hold” from the thirteen brokerages that are covering the stock, MarketBeat Ratings reports. Eight research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $106.00.
CBOE has been the topic of several research reports. Bank of America upped their price target on CBOE from $113.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, October 9th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $108.00 price target on shares of CBOE in a research report on Thursday, October 12th. Jefferies Group reissued a “hold” rating and set a $92.00 price target on shares of CBOE in a research report on Thursday, August 24th. Zacks Investment Research raised CBOE from a “hold” rating to a “buy” rating and set a $121.00 price target on the stock in a research report on Monday, October 9th. Finally, Citigroup upped their price target on CBOE from $93.00 to $115.00 and gave the company a “neutral” rating in a research report on Thursday, October 19th.
In other CBOE news, Director Christopher Mitchell sold 670 shares of the stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $120.89, for a total value of $80,996.30. Following the sale, the director now directly owns 8,808 shares of the company’s stock, valued at $1,064,799.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Edward T. Tilly sold 5,000 shares of the stock in a transaction on Monday, September 11th. The stock was sold at an average price of $105.52, for a total value of $527,600.00. Following the completion of the sale, the chairman now directly owns 75,611 shares in the company, valued at $7,978,472.72. The disclosure for this sale can be found here. Insiders sold 9,670 shares of company stock worth $1,045,076 over the last ninety days. 1.86% of the stock is owned by corporate insiders.
Shares of CBOE (CBOE) opened at $124.25 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $14,097.13, a P/E ratio of 39.20, a P/E/G ratio of 2.09 and a beta of 0.52. CBOE has a 52-week low of $69.95 and a 52-week high of $125.04.
CBOE (NASDAQ:CBOE) last posted its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.01. The business had revenue of $269.70 million for the quarter, compared to analyst estimates of $270.14 million. CBOE had a return on equity of 14.70% and a net margin of 10.55%. The business’s revenue was up 98.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.72 EPS. research analysts predict that CBOE will post 3.41 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, November 30th. CBOE’s dividend payout ratio is presently 58.70%.
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CBOE Company Profile
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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