Cboe Global Markets, Inc. (BATS:CBOE) Given Consensus Rating of “Hold” by Analysts

Shares of Cboe Global Markets, Inc. (BATS:CBOE) have received a consensus rating of “Hold” from the eleven analysts that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $211.36.

Several equities research analysts have issued reports on CBOE shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $220.00 price objective on shares of Cboe Global Markets in a research report on Monday, November 4th. Piper Sandler boosted their price target on Cboe Global Markets from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, October 8th. Oppenheimer raised their price objective on Cboe Global Markets from $209.00 to $227.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Morgan Stanley lowered Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 target price for the company. in a research report on Wednesday, November 6th. Finally, TD Cowen started coverage on Cboe Global Markets in a research report on Thursday, September 26th. They set a “hold” rating and a $205.00 price target on the stock.

Cboe Global Markets Price Performance

CBOE opened at $194.15 on Friday. The business has a fifty day moving average of $201.08 and a 200 day moving average of $200.53. The stock has a market cap of $20.59 billion, a P/E ratio of 100.08 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets has a 52-week low of $103.82 and a 52-week high of $139.00.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, November 1st. The company reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.03. The firm had revenue of $532.00 million during the quarter, compared to analyst estimates of $530.46 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue was up 10.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.06 earnings per share. As a group, sell-side analysts anticipate that Cboe Global Markets will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s payout ratio is currently 98.97%.

Hedge Funds Weigh In On Cboe Global Markets

Several institutional investors and hedge funds have recently added to or reduced their stakes in CBOE. Northwest & Ethical Investments L.P. boosted its holdings in shares of Cboe Global Markets by 13.6% in the 3rd quarter. Northwest & Ethical Investments L.P. now owns 43,508 shares of the company’s stock valued at $8,913,000 after buying an additional 5,200 shares in the last quarter. Financial Counselors Inc. purchased a new stake in Cboe Global Markets during the third quarter valued at approximately $328,000. Public Sector Pension Investment Board boosted its stake in Cboe Global Markets by 2.2% in the third quarter. Public Sector Pension Investment Board now owns 18,197 shares of the company’s stock valued at $3,728,000 after acquiring an additional 400 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Cboe Global Markets by 3.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 53,993 shares of the company’s stock worth $11,018,000 after purchasing an additional 1,753 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its holdings in Cboe Global Markets by 106.5% in the third quarter. CreativeOne Wealth LLC now owns 4,658 shares of the company’s stock worth $954,000 after purchasing an additional 2,402 shares during the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

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.