Cboe Global Markets Inc (BATS: CBOE) has reported earnings for its second fiscal quarter (ending June 30) of $1.33 versus $1.58 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $7.25 versus $6.12 for the same period a year ago.
Recent Price Action
Cboe Global Markets Inc (BATS: CBOE) stock enjoyed a large increase of 4.3% on 8/2/24. The stock closed at $193.79. Moreover, unusually high trading volume at 183% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 3.6% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Cboe Global Markets has a neutral Power Rating of 45 but a poor Appreciation Score of 22, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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