Morgan Stanley Analysts Give Cboe Global Markets (NASDAQ:CBOE) a $218.00 Price Target

Morgan Stanley set a $218.00 target price on Cboe Global Markets (NASDAQ:CBOEFree Report) in a research note released on Tuesday morning, Marketbeat reports. The brokerage currently has an underweight rating on the stock.

A number of other equities research analysts also recently issued reports on CBOE. Piper Sandler increased their price target on Cboe Global Markets from $234.00 to $245.00 and gave the stock an “overweight” rating in a research report on Monday, May 5th. Oppenheimer increased their target price on Cboe Global Markets from $237.00 to $249.00 and gave the stock an “outperform” rating in a report on Monday, May 5th. Cowen reaffirmed a “hold” rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Barclays reduced their price objective on shares of Cboe Global Markets from $245.00 to $243.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 10th. Finally, Citigroup upped their price target on shares of Cboe Global Markets from $230.00 to $245.00 and gave the stock a “neutral” rating in a report on Tuesday, July 8th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $222.58.

Check Out Our Latest Analysis on Cboe Global Markets

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $237.84 on Tuesday. The company has a market capitalization of $24.90 billion, a price-to-earnings ratio of 32.94, a PEG ratio of 1.75 and a beta of 0.43. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets has a 12 month low of $179.80 and a 12 month high of $239.25. The stock’s 50 day moving average is $228.07 and its 200-day moving average is $216.27.

Cboe Global Markets (NASDAQ:CBOEGet Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.15 EPS. Equities research analysts expect that Cboe Global Markets will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Friday, May 30th. Cboe Global Markets’s dividend payout ratio is currently 33.03%.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the company’s stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $226.58, for a total value of $815,234.84. Following the completion of the transaction, the executive vice president directly owned 2,183 shares in the company, valued at approximately $494,624.14. This represents a 62.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.22% of the stock is currently owned by company insiders.

Institutional Trading of Cboe Global Markets

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. OneDigital Investment Advisors LLC bought a new position in shares of Cboe Global Markets during the first quarter worth about $265,000. Capital Investment Advisory Services LLC bought a new position in Cboe Global Markets during the 1st quarter worth approximately $277,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Cboe Global Markets by 31.9% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 29,561 shares of the company’s stock worth $6,689,000 after purchasing an additional 7,146 shares during the period. GAM Holding AG bought a new stake in shares of Cboe Global Markets in the 1st quarter valued at $1,541,000. Finally, Teacher Retirement System of Texas bought a new stake in shares of Cboe Global Markets in the 1st quarter valued at $3,463,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Company Profile

(Get Free Report)

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.

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Analyst Recommendations for Cboe Global Markets (NASDAQ:CBOE)

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