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

Cboe Global Markets (NASDAQ:CBOE) issued its earnings results on Friday. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate 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 previous year, the company posted $2.06 earnings per share.

Cboe Global Markets Stock Up 0.7 %

Shares of NASDAQ:CBOE traded up $1.50 during trading on Friday, hitting $208.50. 472,300 shares of the company traded hands, compared to its average volume of 743,316. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The stock has a fifty day simple moving average of $199.62. The company has a market capitalization of $21.83 billion, a PE ratio of 28.41, a price-to-earnings-growth ratio of 2.10 and a beta of 0.68. Cboe Global Markets has a one year low of $166.13 and a one year high of $221.66.

Wall Street Analysts Forecast Growth

CBOE has been the topic of a number of analyst reports. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating on the stock. Keefe, Bruyette & Woods cut their price target on 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. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Oppenheimer dropped their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. Finally, StockNews.com downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus target price 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.