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

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

Cboe Global Markets Stock Performance

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

Analyst Upgrades and Downgrades

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

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.