Interactive Brokers Group Inc (NASDAQ: IBKR) has reported earnings for its first fiscal quarter (ending March 31) of $1.63 versus $1.44 for the same period a year ago. E.P.S. were $5.90 for the latest four quarters through March 31 versus $4.47 for the same period a year ago.
Recent Price Action
On 4/16/24, Interactive Brokers Group Inc (NASDAQ: IBKR) stock declined modestly by -1.6%, closing at $107.39. Moreover, trading volume in this decline was exceptionally high at 236% of normal. The stock has declined -6.1% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
IBKR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Interactive Brokers Group has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Interactive Brokers Group has a neutral Appreciation Score of 43 but a very high Power Rating of 87, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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