Cboe Global Markets (BATS:CBOE) Posts Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Cboe Global Markets (BATS:CBOE) posted its quarterly earnings data on Friday. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.03), Zacks reports. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%.

Cboe Global Markets Trading Up 9.2 %

BATS CBOE opened at $211.25 on Friday. Cboe Global Markets has a 12 month low of $103.82 and a 12 month high of $139.00. The company’s 50-day moving average price is $199.72 and its 200-day moving average price is $203.77. The stock has a market cap of $22.41 billion, a PE ratio of 108.89 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Wall Street Analyst Weigh In

Several analysts have recently commented on CBOE shares. Oppenheimer raised their price objective on shares of Cboe Global Markets from $209.00 to $227.00 and gave the company an “outperform” rating in a research report on Monday, October 14th. Morgan Stanley downgraded Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 price target for the company. in a research note on Wednesday, November 6th. Barclays dropped their target price on shares of Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating for the company in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating and increased their price objective for the company from $212.00 to $222.00 in a report on Monday, November 11th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $220.00 target price on shares of Cboe Global Markets in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and an average target price of $211.36.

Cboe Global Markets Company Profile

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.