For its third fiscal quarter (ending September 30), Cboe Global Markets Inc (BATS: CBOE) has reported a 6% increase in E.P.S. from $0.95 a year ago to $1.01 in the current quarter. However, this result fell short of the consensus estimate of $1.07 by $-0.06. For the latest four quarters through September 30, E.P.S. were $4.25 versus $3.80 for the same period a year ago — an increase of 12%.
Recent Price Action
Cboe Global Markets Inc (BATS: CBOE) stock closed at $81.29 on 10/30/20 after a large increase of 2.6%. Moreover, trading volume in this advance was above average at 126% of normal. The stock has risen 0.7% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above 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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Cboe Global Markets has a slightly negative Appreciation Score of 33 and a poor Power Rating of 18, and the Lowest Value Trend Rating results.
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.