Cboe Global Markets (BATS:CBOE) Shares Up 21.8% – Time to Buy?

Cboe Global Markets, Inc. (BATS:CBOE) shares shot up 21.8% during mid-day trading on Friday . The stock traded as high as $194.36 and last traded at $235.52. 1,780,143 shares traded hands during mid-day trading, an increase of 103% from the average session volume of 876,595 shares. The stock had previously closed at $193.37.

Cboe Global Markets Stock Performance

The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The company has a 50 day simple moving average of $240.25 and a 200-day simple moving average of $225.78. The stock has a market capitalization of $24.98 billion, a price-to-earnings ratio of 121.40 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, August 1st. The company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.04. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $587.30 million for the quarter, compared to analyst estimates of $572.24 million. As a group, equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 29th. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

About Cboe Global Markets

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.