Cboe Global Markets (NASDAQ:CBOE) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Cboe Global Markets (NASDAQ:CBOE) posted its quarterly earnings results on Friday. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04), RTT News reports. Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same period last year, the company earned $2.06 earnings per share.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock traded up $2.07 during trading on Friday, hitting $209.07. 463,433 shares of the stock traded hands, compared to its average volume of 742,719. The company has a market capitalization of $21.89 billion, a PE ratio of 28.48, a P/E/G ratio of 2.10 and a beta of 0.68. The business’s fifty day moving average is $199.62. Cboe Global Markets has a twelve month low of $166.13 and a twelve month high of $221.66. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

Analysts Set New Price Targets

CBOE has been the topic of a number of recent research reports. Keefe, Bruyette & Woods cut their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. Jefferies Financial Group reduced their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, January 9th. StockNews.com lowered shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. Barclays reduced their price objective on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Finally, The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research report on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $198.83.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.