Interactive Brokers Group Inc (NASDAQ: IBKR) has reported E.P.S. of $1.67 for its second fiscal quarter (ending June 30) versus $1.21 for the same period a year ago — an increase of 38%. This performance was $0.01 better than the consensus estimate of $1.65. E.P.S. were $6.36 for the latest four quarters through June 30 versus $4.95 for the same period a year ago — an increase of 28%.
Recent Price Action
Interactive Brokers Group Inc (NASDAQ: IBKR) stock closed at $123.66 on 7/16/24 after a slight decline of -0.8%. Moreover, trading volume in this decline was exceptionally high at 297% of normal. The stock is unchanged during the last week and has been exceptionally 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 be above the cost of capital.
Interactive Brokers Group has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Interactive Brokers Group has a neutral Appreciation Score of 45 but a very high Power Rating of 96, triggering the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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