Zacks: Brokerages Anticipate Cboe Global Markets, Inc. (NYSE:CBOE) Will Announce Quarterly Sales of $393.44 Million

Brokerages predict that Cboe Global Markets, Inc. (NYSE:CBOEGet Rating) will report sales of $393.44 million for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Cboe Global Markets’ earnings. The lowest sales estimate is $382.86 million and the highest is $406.00 million. Cboe Global Markets reported sales of $350.60 million in the same quarter last year, which indicates a positive year-over-year growth rate of 12.2%. The business is scheduled to announce its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Cboe Global Markets will report full-year sales of $1.61 billion for the current financial year, with estimates ranging from $1.58 billion to $1.64 billion. For the next fiscal year, analysts forecast that the firm will report sales of $1.69 billion, with estimates ranging from $1.63 billion to $1.73 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover Cboe Global Markets.

Several research firms have recently issued reports on CBOE. Oppenheimer lowered their target price on shares of Cboe Global Markets from $146.00 to $142.00 and set an “outperform” rating for the company in a report on Monday, February 7th. Credit Suisse Group assumed coverage on shares of Cboe Global Markets in a research report on Tuesday, February 15th. They issued a “neutral” rating and a $144.00 price objective on the stock. Rosenblatt Securities boosted their target price on shares of Cboe Global Markets from $152.00 to $154.00 and gave the stock a “buy” rating in a research report on Thursday, April 14th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Cboe Global Markets from $153.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, February 7th. Finally, Citigroup decreased their target price on shares of Cboe Global Markets from $155.00 to $145.00 in a research note on Wednesday, April 13th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $137.33.

CBOE opened at $109.38 on Friday. The stock has a market capitalization of $11.61 billion, a price-to-earnings ratio of 23.12, a PEG ratio of 2.86 and a beta of 0.63. The company has a fifty day moving average of $114.44 and a 200 day moving average of $121.39. Cboe Global Markets has a fifty-two week low of $104.43 and a fifty-two week high of $139.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.23 and a current ratio of 1.23.

About Cboe Global Markets (Get Rating)

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia Pacific, and Global FX. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.

Featured Articles

Get a free copy of the Zacks research report on Cboe Global Markets (CBOE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.