The Price Of Cboe Global Markets Inc. (CBOE) Has Climbed $50.68 Past Week

The stock of Cboe Global Markets Inc. (AMEX:CBOE) increased by $4.17 on Tuesday to finish at $155.87, up 2.75 percent. The last five days have seen an average of 1,004,880 shares of common stock traded. 36 times new highs were reached in the current year, with a gain of $30.40. The average number of shares traded over the last 20 days was 640,055, while the average volume over the last 50 days totaled 651,782.

CBOE stock appreciated 3.83% since last month. On 08/25/23, the company’s shares reached a one-month low of $148.00. The stock touched a high of $154.89 on 09/19/23, after rallying from a low of $114.17 in 52 weeks. The price of CBOE stock has risen by 24.23% or $30.40 this year, reaching a new high 36 times. Still, the stock price is up 0.63% from the 52-week high.

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Insider Transactions

CBOE stock investors should be aware that Cboe Global Markets Inc. (CBOE) stock had its last reported insider trading activity 19 days ago on Sep 01. On Sep 01, EVP, COO Isaacson Christopher A sold 3,850 shares at $149.08 each. This transaction resulted in the insider making $573,958. On Aug 17, Howson Dave sold 8,000 shares at a price of US$148.42. After the transaction, the insider now owns 17,168 shares. Director Goodman Jill R had earlier sold 5,051 shares on Aug 08 for $144.95 a share. The transaction was completed for $732,142.

Valuation Metrics

Cboe Global Markets Inc. (CBOE) has a trailing price-to-earnings (P/E) ratio of 25.57. Beta for the stock is 0.50. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 4.26, the price-to-book (PB) ratio of 4.50, and the price-to-cash flow ratio of 33.49.

Financial Health

For the three months ended June 29, Cboe Global Markets Inc.’s quick ratio was 1.20, while its current ratio was 1.20, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.39, and the total debt to equity ratio is 0.44. As far as profitability goes, gross margin for the trailing twelve months is 47.20% percent. Cboe Global Markets Inc.’s operating margin stood at 25.20% for the same period. Based on annual data, it had gross profit of $1.74 billion and revenue of $3.96 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. CBOE’s return on assets (ROA) during the last 12 months has been 8.80%. There was a 5.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 18.60%.

Earnings Surprise

According to Cboe Global Markets Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $907.1 million, while revenues fell by -8.68% to $0.0. It was predicted that Cboe Global Markets Inc.’s quarterly earnings would be $1.78, but it ended up being $1.77, beating the consensus by 0.60%. EBITDA was $285.2 million for the quarter. At the end of Cboe Global Markets Inc.’s most recent quarter ended June 29, its liabilities totaled 3.53 billion, while its total debt was $1.74 billion. Equity owned by shareholders amounts to $105.52 million.

Technical Picture

Here’s a quick look at Cboe Global Markets Inc.’s (CBOE) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 66.67%, suggesting the stock is Neutral, with a 22.32% historical volatility rate.

The stochastic %K and %D were 47.49% and 39.73% respectively, while the average true range (ATR) was 2.89. Based on the 14-day stochastic reading of 73.13%, the RSI (14) reading is 64.86%. On the 9-day MACD Oscillator, the stock is at -0.33, and the 14-day reading is at 0.67.

Analyst Ratings

Analysts have assigned Cboe Global Markets Inc. (CBOE) an Overweight rating. CBOE is a stock that is recommended for selling by 1 brokerage firm, while 8 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 8 others recommend it as a buy.

What is CBOE’s price target for the next 12 months?

The current consensus forecast for the stock is between $130.00 and $172.00, with a median target price of $155.00. In analyzing these forecasts, the average price target given by analysts for Cboe Global Markets Inc. (CBOE) is $156.29.

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