A significant driver of top-line growth: Cboe Global Markets Inc (CBOE)

With 0.7 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.01 million shares. The 52-week range on CBOE shows that it touched its highest point at $236.02 and its lowest point at $166.13 during that stretch. It currently has a 1-year price target of $224.44. With its current market cap of 23.92 billion, CBOE has annualized dividend of $2.44 while the current yield stands at 1.07%. Beta for the stock currently stands at 0.42.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CBOE was up-trending over the past week, with a rise of 4.23%, but this was up by 8.04% over a month. Three-month performance surged to 8.29% while six-month performance rose 11.01%. The stock gained 25.02% in the past year, while it has gained 16.90% so far this year. A look at the trailing 12-month EPS for CBOE yields 7.63 with Next year EPS estimates of 9.96. For the next quarter, that number is 2.42. This implies an EPS growth rate of 9.82% for this year and 5.38% for next year. EPS is expected to grow by 7.51% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 16.69%.

Float and Shares Shorts:

At present, 104.74 million CBOE shares are outstanding with a float of 104.24 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CBOE since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.68502 being high and $8.59507 being low. For CBOE, this leads to a yearly average estimate of $8.63505.