Somewhat Positive News Coverage Somewhat Unlikely to Affect Cboe Global Markets (CBOE) Stock Price

Headlines about Cboe Global Markets (NASDAQ:CBOE) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cboe Global Markets earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.9589923571465 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the headlines that may have impacted Accern’s rankings:

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Shares of Cboe Global Markets stock traded down $0.73 during trading on Friday, reaching $110.87. The company’s stock had a trading volume of 104,200 shares, compared to its average volume of 1,538,582. The company has a market cap of $12,533.91, a PE ratio of 32.61, a price-to-earnings-growth ratio of 1.37 and a beta of 0.62. Cboe Global Markets has a 12-month low of $80.00 and a 12-month high of $138.54. 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 (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.01). The firm had revenue of $265.60 million for the quarter, compared to analyst estimates of $267.25 million. Cboe Global Markets had a return on equity of 12.74% and a net margin of 17.80%. The business’s revenue for the quarter was up 85.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.63 earnings per share. equities research analysts anticipate that Cboe Global Markets will post 4.62 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Friday, March 2nd were issued a dividend of $0.27 per share. The ex-dividend date was Thursday, March 1st. This represents a $1.08 annualized dividend and a yield of 0.97%. Cboe Global Markets’s dividend payout ratio is presently 31.58%.

Cboe Global Markets declared that its Board of Directors has initiated a stock repurchase program on Tuesday, February 27th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the financial services provider to purchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

CBOE has been the topic of several analyst reports. Deutsche Bank upgraded Cboe Global Markets from a “hold” rating to a “buy” rating and lifted their target price for the company from $120.00 to $127.00 in a research note on Tuesday, February 13th. Goldman Sachs downgraded Cboe Global Markets from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 7th. Wells Fargo lifted their price target on Cboe Global Markets from $4.75 to $138.00 and gave the company an “outperform” rating in a research note on Friday, January 5th. BidaskClub downgraded Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Tuesday, January 16th. Finally, JPMorgan Chase decreased their price target on Cboe Global Markets from $110.00 to $108.00 and set a “hold” rating on the stock in a research note on Tuesday, February 13th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $119.91.

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About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

Insider Buying and Selling by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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