Cboe Global Markets, Inc. (BATS:CBOE) Receives $191.00 Consensus Price Target from Brokerages

Cboe Global Markets, Inc. (BATS:CBOE) has been given an average recommendation of “Hold” by the eleven research firms that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $191.00.

A number of analysts have recently commented on CBOE shares. Rosenblatt Securities upped their target price on Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Barclays upped their target price on Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a research note on Monday, May 6th. Morgan Stanley restated an “equal weight” rating and issued a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Bank of America upped their target price on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $197.00 target price on shares of Cboe Global Markets in a research note on Thursday, April 4th.

Cboe Global Markets Stock Down 0.6 %

Shares of CBOE stock opened at $171.58 on Thursday. The stock’s 50-day simple moving average is $179.41 and its 200-day simple moving average is $181.38. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a market capitalization of $18.20 billion, a PE ratio of 88.44 and a beta of 0.61. Cboe Global Markets has a fifty-two week low of $103.82 and a fifty-two week high of $139.00.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. The business had revenue of $502.10 million for the quarter, compared to analyst estimates of $504.80 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company’s revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.90 earnings per share. Equities analysts expect that Cboe Global Markets will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be issued a $0.55 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.20 dividend on an annualized basis and a yield of 1.28%. Cboe Global Markets’s payout ratio is 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the completion of the sale, the executive vice president now owns 4,656 shares in the company, valued at approximately $861,639.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.51% of the stock is owned by insiders.

Institutional Trading of Cboe Global Markets

Hedge funds have recently bought and sold shares of the business. FinTrust Capital Advisors LLC lifted its holdings in Cboe Global Markets by 170.0% in the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after acquiring an additional 85 shares during the last quarter. NBC Securities Inc. acquired a new position in Cboe Global Markets in the third quarter valued at approximately $29,000. Optiver Holding B.V. acquired a new position in Cboe Global Markets in the fourth quarter valued at approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $30,000. Finally, Allworth Financial LP raised its position in Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after purchasing an additional 73 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.