Cboe Global Markets Inc. (AMEX:CBOE) went down by -0.75% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Financial Data & Stock Exchanges giant went up by $93.01 to trade ended Wednesday trading at $93.71. This is down from the $93.71 price recorded on Tuesday’s trading session. Thanks to this latest performance, CBOE is closer to the higher price 52-week target of $114.00 and further from the lowest price target of $88.00. Its performance from the start of the year has also been negative, with CBOE down by -22.49% year-to-date.
Cboe Global Markets Inc. (CBOE) started the day trading at $93.36 and recorded an intraday high of $93.815. It also recorded an intraday low of $92.29 during Wednesday’s trading session. Cboe Global Markets Inc. is a very active stock that recorded a trading volume that is less than -10.57% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 778999, which is less than -10.57 of the total average daily trading volume of 861.36K.
Cboe Global Markets Inc. (AMEX:CBOE) 2020 Performance Impressive
The increase in CBOE’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of CBOE currently stands at $127.93, which is higher than the current trading price of the stock by 27.3%. However, CBOE’s current trading price is -29.16% lower than the 52-week low price of $72.01. In terms of trading volume, Cboe Global Markets Inc. currently experienced healthy participation during the last trading session. 778999 shares of Cboe Global Markets Inc. were traded on the stock exchange on Wednesday, which is less than -10.57% of the 861.36K average trading volume of the stock.
The performance of the stock has been positive over the past year. CBOE’s performance over the past one year has seen it plunge by -16.19%, while the stock has gone down by -21.32% in the last six months. The quarterly performance of CBOE currently stands at -0.52%, and it is down by -10.07% in the last month. The only negative figure was from the weekly performance, which currently reads -0.29%. At the time of writing CBOE’s report, the company has a total market cap of $10.21B, making it one of the largest publicly-traded companies in the world.Cboe Global Markets Inc. also has over 823 employees all over the world.
CBOE Insider Activities
For Cboe Global Markets Inc., insiders hold 85.96% of all company shares. The insider transactions over the past six months are up by 19.50%. During that period, insiders bought 126,525 shares in 46 transactions. In that same period, insiders sold 97,163 of their shares in 50 transactions. After these transactions, insiders at Cboe Global Markets Inc. now hold 573.84k shares, which is over 85.96% of the total company stocks. Institutional investors currently hold a large chunk of the CBOE shares, as they control 0.52% of the company’s total stock.
CBOE Fundamental Analysis
For Cboe Global Markets Inc., the stock’s diluted earnings per share (EPS) stands at 4.56. In the coming year, analysts expect the EPS to be 5.13. The EPS growth will up over the next five years to 3.26% after surging by 21.47% in the previous five years. In terms of revenue, Cboe Global Markets Inc.’s quarterly sales (YOY) is growing at 1.19, which is lower than the average annual revenue of 21.47% over the past half a decade.
CBOE Analysts Prediction
In July 07, 2020, several analysts reiterated their positions on the Cboe Global Markets Inc. stock and predicted its performance to their investors. The analysts at Piper Sandler believe CBOE is still a Neutral and set the price target between $135 and $97. The Goldman has a Sell rating for Cboe Global Markets Inc., predicting the stock price to stay between $100 and $88. Another analyst that has a Neutral rating for CBOE is JP Morgan, which set a price target of between $104 and $101. and Citigroup also reiterate their Buy position on the stock ($122 and $106).
Analysts at BofA/Merrill believe that CBOE is Neutral, and they have a price target of between $110 and $125.
CBOE Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of CBOE currently stands at -4.43%, while the SMA50 is -5.99%. The biggest one is the SMA200, which is currently reading -14.86% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 40.75, while its price to earnings ratio (P/E) is 20.42.