Cboe Global Markets Inc (BATS: CBOE) has reported E.P.S. of $1.97 for its first fiscal quarter (ending March 31) versus $1.63 for the same period a year ago — an increase of 21%. Relative to the consensus estimate of $2.18, this was a shortfall of $-0.21. For the latest four quarters through March 31, E.P.S. were $7.50 compared to $2.80 a year ago — an increase of 168%.
Recent Price Action
On 5/3/24, Cboe Global Markets Inc (BATS: CBOE) stock enjoyed a large increase of 3.2%, closing at $179.67. This advance was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months but has declined -1.1% during the last week.
Current PriceTarget Research Rating
CBOE is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Cboe Global Markets has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Cboe Global Markets has a poor Appreciation Score of 23 but a good Power Rating of 81, and the Neutral Value Trend Rating results.
Rating Review
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.
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