Somewhat Favorable News Coverage Somewhat Unlikely to Impact CBOE (CBOE) Share Price
Media stories about CBOE (NASDAQ:CBOE) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CBOE earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.0997081789634 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s rankings:
- The Most Important Week In The History Of Bitcoin (finance.yahoo.com)
- ‘More to come’ after bitcoin futures launch – Cboe CEO (finance.yahoo.com)
- The Race for Bitcoin ETFs Heats Up (finance.yahoo.com)
- The Latest: Bitcoin futures end 1st day 20 pct higher (finance.yahoo.com)
- Bitcoin futures suggest breakneck rise in price to slow (finance.yahoo.com)
CBOE has been the subject of a number of research analyst reports. Bank of America raised their price target on shares of CBOE from $113.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, October 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $108.00 price objective on shares of CBOE in a research note on Thursday, October 12th. Zacks Investment Research upgraded shares of CBOE from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a research note on Monday, October 9th. Jefferies Group reiterated a “hold” rating and issued a $92.00 price objective on shares of CBOE in a research note on Thursday, August 24th. Finally, Deutsche Bank increased their price objective on shares of CBOE from $106.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, November 8th. Eight research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. CBOE currently has an average rating of “Hold” and an average target price of $107.50.
CBOE (CBOE) traded up $1.08 during mid-day trading on Monday, reaching $126.35. 1,230,897 shares of the company traded hands, compared to its average volume of 1,099,920. The firm has a market capitalization of $14,130.00, a price-to-earnings ratio of 39.52, a PEG ratio of 2.11 and a beta of 0.52. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. CBOE has a 52 week low of $72.54 and a 52 week high of $127.78.
CBOE (NASDAQ:CBOE) last released its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.89 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.01. The company had revenue of $269.70 million for the quarter, compared to analyst estimates of $270.14 million. CBOE had a net margin of 10.55% and a return on equity of 14.70%. The firm’s revenue was up 98.0% on a year-over-year basis. During the same quarter last year, the business earned $0.72 earnings per share. research analysts predict that CBOE will post 3.41 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.27 per share. The ex-dividend date is Thursday, November 30th. This represents a $1.08 annualized dividend and a yield of 0.85%. CBOE’s dividend payout ratio is presently 58.38%.
In related news, insider David S. Reynolds sold 4,000 shares of the firm’s stock in a transaction on Thursday, October 12th. The shares were sold at an average price of $109.12, for a total transaction of $436,480.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Frank E. Jr. English sold 300 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $123.80, for a total transaction of $37,140.00. Following the sale, the director now owns 4,214 shares in the company, valued at approximately $521,693.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,989 shares of company stock worth $1,427,920. 1.86% of the stock is owned by company insiders.
CBOE Company Profile
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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