Cboe Global Markets (NASDAQ:CBOE) Given a $265.00 Price Target at Oppenheimer

Cboe Global Markets (NASDAQ:CBOE) received a $265.00 target price from stock analysts at Oppenheimer in a report issued on Monday, MarketBeat Ratings reports. The brokerage currently has an “outperform” rating on the stock. Oppenheimer’s target price suggests a potential upside of 6.72% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. Barclays cut their target price on shares of Cboe Global Markets from $245.00 to $243.00 and set an “equal weight” rating on the stock in a report on Thursday, July 10th. Bank of America reissued a “neutral” rating and issued a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Cowen reaffirmed a “hold” rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Morgan Stanley set a $218.00 price objective on Cboe Global Markets and gave the company an “underweight” rating in a research report on Tuesday, July 15th. Finally, Piper Sandler increased their target price on Cboe Global Markets from $245.00 to $250.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 15th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $231.38.

Cboe Global Markets Trading Down 0.2%

NASDAQ CBOE traded down $0.47 during trading hours on Monday, hitting $248.32. The company’s stock had a trading volume of 224,302 shares, compared to its average volume of 876,670. Cboe Global Markets has a twelve month low of $187.30 and a twelve month high of $251.21. The firm has a market capitalization of $26.00 billion, a P/E ratio of 34.39, a PEG ratio of 1.75 and a beta of 0.46. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock has a fifty day moving average of $232.70 and a 200 day moving average of $220.90.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, August 1st. The company reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. The firm’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.15 earnings per share. Equities research analysts forecast that Cboe Global Markets will post 8.96 earnings per share for the current fiscal year.

Insider Buying and Selling at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 3,598 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president directly owned 2,183 shares in the company, valued at approximately $494,624.14. This trade represents a 62.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

A number of large investors have recently added to or reduced their stakes in the business. Missouri Trust & Investment Co acquired a new stake in shares of Cboe Global Markets in the second quarter valued at approximately $26,000. Clearstead Trust LLC acquired a new stake in shares of Cboe Global Markets in the 1st quarter valued at approximately $26,000. NBC Securities Inc. acquired a new stake in Cboe Global Markets in the first quarter valued at approximately $27,000. Hughes Financial Services LLC acquired a new stake in Cboe Global Markets in the first quarter valued at approximately $29,000. Finally, Cornerstone Planning Group LLC grew its stake in shares of Cboe Global Markets by 4,633.3% during the first quarter. Cornerstone Planning Group LLC now owns 142 shares of the company’s stock worth $30,000 after buying an additional 139 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

About Cboe Global Markets

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.