Cboe Global Markets (BATS:CBOE) Sets New 12-Month High on Better-Than-Expected Earnings

Cboe Global Markets, Inc. (BATS:CBOE)’s stock price reached a new 52-week high during mid-day trading on Monday following a stronger than expected earnings report. The stock traded as high as $279.44 and last traded at $279.3320, with a volume of 441676 shares trading hands. The stock had previously closed at $273.36.

The company reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.13. The company had revenue of $671.10 million for the quarter, compared to analyst estimates of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%.

Cboe Global Markets Trading Up 2.2%

The stock has a market cap of $29.63 billion, a PE ratio of 143.85 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The business has a 50-day moving average of $259.82 and a 200 day moving average of $249.70.

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.