Zacks: Brokerages Expect Cboe Global Markets, Inc. (NYSE:CBOE) Will Post Earnings of $1.57 Per Share

Wall Street analysts expect Cboe Global Markets, Inc. (NYSE:CBOE – Get Rating) to announce earnings of $1.57 per share for the current quarter, according to Zacks. Five analysts have issued estimates for Cboe Global Markets’ earnings. The lowest EPS estimate is $1.48 and the highest is $1.70. Cboe Global Markets posted earnings per share of $1.38 during the same quarter last year, which indicates a positive year over year growth rate of 13.8%. The business is expected to issue its next earnings report on Monday, January 1st.

On average, analysts expect that Cboe Global Markets will report full-year earnings of $6.29 per share for the current year, with EPS estimates ranging from $5.92 to $6.63. For the next fiscal year, analysts expect that the business will report earnings of $6.54 per share, with EPS estimates ranging from $5.85 to $6.78. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Cboe Global Markets.

CBOE has been the subject of several research analyst reports. Credit Suisse Group initiated coverage on shares of Cboe Global Markets in a report on Tuesday, February 15th. They issued a “neutral” rating and a $144.00 price target for the company. Citigroup reduced their target price on shares of Cboe Global Markets from $155.00 to $145.00 in a report on Wednesday, April 13th. Rosenblatt Securities increased their target price on shares of Cboe Global Markets from $152.00 to $154.00 and gave the stock a “buy” rating in a report on Thursday, April 14th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Cboe Global Markets from $153.00 to $150.00 and set a “buy” rating for the company in a report on Monday, February 7th. Finally, Oppenheimer reduced their target price on shares of Cboe Global Markets from $146.00 to $142.00 and set an “outperform” rating for the company in a report on Monday, February 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. According to MarketBeat, Cboe Global Markets has a consensus rating of “Buy” and an average price target of $137.33.

Shares of Cboe Global Markets stock traded up $0.72 on Thursday, hitting $105.56. The company had a trading volume of 577,856 shares, compared to its average volume of 658,485. The firm has a market capitalization of $11.21 billion, a P/E ratio of 22.16, a P/E/G ratio of 2.86 and a beta of 0.63. Cboe Global Markets has a twelve month low of $103.82 and a twelve month high of $139.00. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.23 and a quick ratio of 1.23. The stock has a 50-day moving average of $114.04 and a 200-day moving average of $120.90.

Cboe Global Markets Company Profile (Get Rating)

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia Pacific, and Global FX. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.

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