Headlines about Cboe Global Markets (NASDAQ:CBOE) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cboe Global Markets earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.9589923571465 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the headlines that may have impacted Accern’s analysis:
- Cboe Signals Big Plans for Trading Cryptocurrency Derivatives – BloombergQuint (bloombergquint.com)
- Cboe official says more cryptoassets on futures exchange a possibility; Bitcoin tries to halt skid – MarketWatch (marketwatch.com)
- Cboe Global Markets Inc (CBOE) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- $292.51 Million in Sales Expected for Cboe Global Markets Inc (CBOE) This Quarter (americanbankingnews.com)
- Chicago firm files lawsuit alleging manipulation of Cboe volatility index – The Japan News (the-japan-news.com)
Cboe Global Markets (CBOE) traded down $0.63 during midday trading on Wednesday, reaching $119.29. The company’s stock had a trading volume of 818,758 shares, compared to its average volume of 1,672,246. The stock has a market cap of $13,530.00, a PE ratio of 64.13, a PEG ratio of 1.52 and a beta of 0.63. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.30 and a quick ratio of 1.30. Cboe Global Markets has a fifty-two week low of $78.31 and a fifty-two week high of $138.54.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Friday, March 2nd will be issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend is Thursday, March 1st. Cboe Global Markets’s dividend payout ratio (DPR) is 58.06%.
Cboe Global Markets declared that its Board of Directors has approved a share buyback program on Tuesday, February 27th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.
Several analysts recently issued reports on CBOE shares. Bank of America decreased their target price on Cboe Global Markets from $139.00 to $123.00 and set a “buy” rating on the stock in a research note on Monday, February 12th. Rosenblatt Securities upgraded Cboe Global Markets from a “neutral” rating to a “buy” rating in a report on Monday, February 12th. Deutsche Bank upgraded Cboe Global Markets from a “hold” rating to a “buy” rating and cut their price target for the company from $137.00 to $120.00 in a report on Monday, February 12th. BidaskClub upgraded Cboe Global Markets from a “hold” rating to a “buy” rating in a report on Friday, January 26th. Finally, UBS Group restated a “buy” rating and set a $120.00 price target (down previously from $136.00) on shares of Cboe Global Markets in a report on Tuesday, February 13th. Nine investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Cboe Global Markets currently has a consensus rating of “Hold” and a consensus target price of $120.09.
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Cboe Global Markets Company Profile
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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