Brokerages predict that Cboe Global Markets, Inc. (NYSE:CBOE – Get 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.
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.
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