Cboe Global Markets (NASDAQ:CBOE) Posts Earnings Results, Misses Estimates By $0.04 EPS

Cboe Global Markets (NASDAQ:CBOE) released its quarterly earnings data on Friday. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04), RTT News reports. Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same period in the prior year, the business posted $2.06 earnings per share.

Cboe Global Markets Price Performance

CBOE traded up $2.07 on Friday, reaching $209.07. 463,433 shares of the company’s stock were exchanged, compared to its average volume of 742,719. Cboe Global Markets has a twelve month low of $166.13 and a twelve month high of $221.66. The firm has a market capitalization of $21.89 billion, a PE ratio of 28.48, a PEG ratio of 2.10 and a beta of 0.68. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average price of $199.62.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on CBOE shares. StockNews.com lowered Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a research note on Monday, January 6th. Keefe, Bruyette & Woods reduced their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating for the company. Finally, Barclays reduced their price objective on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and a consensus price target of $198.83.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.