Cboe Global Markets (BATS:CBOE) Announces Earnings Results, Misses Estimates By $0.03 EPS

Cboe Global Markets (BATS:CBOE) released its quarterly earnings results on Friday. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.13 by ($0.03), Zacks reports. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%.

Cboe Global Markets Stock Up 7.8 %

Cboe Global Markets stock traded up $15.16 during midday trading on Friday, reaching $208.53. The stock had a trading volume of 1,780,143 shares, compared to its average volume of 636,231. The company has a fifty day moving average price of $199.80 and a two-hundred day moving average price of $203.60. Cboe Global Markets has a 12 month low of $103.82 and a 12 month high of $139.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $22.12 billion, a P/E ratio of 106.71 and a beta of 0.61.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CBOE. Morgan Stanley lowered Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 target price on the stock. in a research note on Wednesday, November 6th. Oppenheimer lifted their target price on Cboe Global Markets from $209.00 to $227.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Royal Bank of Canada restated a “sector perform” rating and issued a $220.00 price target on shares of Cboe Global Markets in a research note on Monday, November 4th. Barclays dropped their price objective on shares of Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating for the company in a research note on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Cboe Global Markets from a “hold” rating to a “buy” rating and increased their target price for the stock from $212.00 to $222.00 in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $211.36.

Cboe Global Markets Company Profile

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.