Cboe Global Markets Inc (NASDAQ:CBOE) – Stock analysts at Jefferies Financial Group issued their Q1 2019 earnings per share (EPS) estimates for Cboe Global Markets in a report issued on Tuesday, April 9th, according to Zacks Investment Research. Jefferies Financial Group analyst D. Fannon anticipates that the financial services provider will post earnings of $0.97 per share for the quarter. Jefferies Financial Group also issued estimates for Cboe Global Markets’ Q2 2019 earnings at $1.23 EPS, Q3 2019 earnings at $1.14 EPS, Q4 2019 earnings at $1.28 EPS, FY2019 earnings at $4.62 EPS, Q1 2020 earnings at $1.13 EPS and FY2020 earnings at $5.08 EPS.
Several other equities analysts have also recently issued reports on CBOE. Zacks Investment Research cut Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Thursday, February 21st. Wells Fargo & Co decreased their target price on Cboe Global Markets from $115.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, April 4th. Rosenblatt Securities cut Cboe Global Markets from a “buy” rating to a “neutral” rating in a research note on Thursday, April 18th. JPMorgan Chase & Co. upgraded Cboe Global Markets from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $105.00 to $113.00 in a research note on Monday, February 25th. Finally, Argus initiated coverage on Cboe Global Markets in a research note on Friday, February 22nd. They set a “hold” rating for the company. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $112.17.
Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, May 3rd. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.12. The company had revenue of $280.50 million during the quarter, compared to analysts’ expectations of $279.49 million.
In other Cboe Global Markets news, EVP John Deters sold 2,474 shares of the business’s stock in a transaction that occurred on Wednesday, February 20th. The stock was sold at an average price of $93.74, for a total value of $231,912.76. Following the completion of the sale, the executive vice president now owns 3,538 shares in the company, valued at $331,652.12. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.89% of the stock is owned by insiders.
Hedge funds and other institutional investors have recently modified their holdings of the business. Strs Ohio lifted its stake in Cboe Global Markets by 13.0% in the first quarter. Strs Ohio now owns 1,442 shares of the financial services provider’s stock valued at $137,000 after buying an additional 166 shares during the last quarter. Dupont Capital Management Corp purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $138,000. First Interstate Bank purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $139,000. WESPAC Advisors SoCal LLC purchased a new stake in Cboe Global Markets in the fourth quarter valued at approximately $175,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $178,000. Institutional investors own 81.98% of the company’s stock.
About Cboe Global Markets
Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options.
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