For its first fiscal quarter (ending March 31), Cboe Global Markets Inc (BATS: CBOE) has reported a 69% increase in E.P.S. from $0.84 a year ago to $1.42 in the current quarter. This result exceeded the consensus estimate of $1.28 by $0.14. For the latest four quarters through March 31, E.P.S. were $3.94 versus $3.57 for the same period a year ago — an increase of 10%.
Recent Price Action
Cboe Global Markets Inc (BATS: CBOE) stock closed at $94.01 on 5/1/20 after a very large decline of -5.4%. However, this decline was accompanied by below average trading volume at 75% of normal. The stock has performed in line with the market over the last nine months and has declined -5.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CBOE is expected to continue to be a modest Value Builder.
Cboe Global Markets has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cboe Global Markets has a poor Appreciation Score of 25 but a good Power Rating of 71, resulting in the Neutral Value Trend Rating.
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.