Latest news with #CboeGlobal
Yahoo
8 hours ago
- Business
- Yahoo
Is Cboe Global Stock Outperforming the Nasdaq?
Cboe Global Markets, Inc. (CBOE) is a leading global exchange operator and financial technology firm, headquartered in Chicago and employing around 1,650 people. With a market cap of $23.6 billion, it spans trading venues across North America, Europe, and Asia-Pacific. Companies with a market value of $10 billion or more are classified as 'large-cap stocks,' Cboe Global holds its place in this category. It leads the U.S. options market and is the originator of the VIX volatility index, giving it a unique edge in volatility-driven trading. Its consistent innovation, regulatory expertise, and scale position it as a key player in capital markets infrastructure, capable of capitalizing on both market volatility and long-term trading trends. Is Palantir Stock Poised to Surge Amidst the Israel-Iran Conflict? 'It Has No Utility': Warren Buffett Doesn't Care How High Gold Goes, He Isn't a Buyer OpenAI CEO Sam Altman Says 'We Are Heading Towards a World Where AI Will Just Have Unbelievable Context on Your Life' Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Cboe Global shares are currently trading 3.6% below its 52-week high of $236.02, which they touched recently on May 8. The stock has climbed 3.6% over the past three months, underperforming the broader Nasdaq Composite's ($NASX) 11.7% rise over the same time frame. However, on a year-to-date basis, CBOE has delivered a standout performance, surging 16.5% and handily outperforming the Nasdaq's modest 1.2% return. The outperformance extends over the longer horizon as well, with CBOE boasting a 34.4% gain over the past 52 weeks, far exceeding the Nasdaq's 9.4% rise during the same period. Since July last year, CBOE has remained above its 200-day moving average and has mostly traded over its 50-day moving average since early April. On May 2, shares of Cboe Global Markets rose over 2% following the release of its Q1 results, which exceeded expectations on both earnings and revenue. The company reported adjusted EPS of $2.50, surpassing consensus estimates by 5.9%, while adjusted revenue came in at $565.2 million, topping forecasts by 1.5%. It upgraded full-year guidance, with revenue growth now projected in the mid-to-high single-digit range, thanks to continued investment in tech platforms, global expansion, and Data Vantage. CBOE's rival, CME Group Inc. (CME), has outperformed the stock and gained 38.5% over the past 52 weeks and 17.2% in 2025. Analysts maintain a cautious outlook on its prospects. CBOE has a consensus rating of 'Hold' from the 17 analysts covering the stock and is currently trading above its mean price target of $225. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
13-06-2025
- Business
- Yahoo
CBOE Outperforms Industry, Trades at a Discount: How to Play the Stock
Shares of Cboe Global Markets, Inc. CBOE have gained 35.1% in the past year, outperforming the industry's growth of 27.9%, the Finance sector's return of 20.7% and the Zacks S&P 500 composite's appreciation of 11.2%. Cboe Global has outperformed its peers, including Intercontinental Exchange Inc. ICE, S&P Global Inc. SPGI and OTC Markets Group Inc. OTCM. Shares of ICE, SPGI and OTCM have gained 32%,16.4% and 2.8%, respectively, in the past year. Image Source: Zacks Investment Research With a market capitalization of $23.69 billion, the average volume of shares traded in the last three months was 0.9 million. CBOE has a solid track record of beating earnings estimates in three of the last four quarters, while missing in one, the average being 1.95%. Cboe Global shares are trading at a discount to the Zacks Securities and Exchange industry. Its forward price-to-earnings of 23.19X is lower than the industry average of 25.89X. Image Source: Zacks Investment Research Shares of Cboe Global closed at $226.30 on Thursday and are trading above the 50-day and 200-day simple moving averages (SMA) of $221.41 and $210.75, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Cboe Global's 2025 earnings per share indicates a year-over-year increase of 10.3%. The consensus estimate for revenues is pegged at $2.25 billion, implying a year-over-year improvement of 8.4%. The consensus estimate for 2026 earnings per share and revenues indicates an increase of 5.9% and 4.7%, respectively, from the corresponding 2025 estimates. The long-term earnings growth is expected to be 10.5%, better than the industry average of 10.1%. Earnings have grown 11.4% in the past five years, better than the industry average of 9.6%. One of the 11 analysts covering the stock has raised estimates for 2025, and one analyst has raised the same for 2026 over the past 30 days. Thus, the Zacks Consensus Estimate for 2025 and 2026 earnings has moved up 0.5% and 0.2%, respectively, in the past 30 days. Image Source: Zacks Investment Research Based on short-term price targets offered by 15 analysts, the Zacks average price target is $225.00 per share. The average suggests a potential 0.9% upside from the last closing price. Image Source: Zacks Investment Research Cboe Global's organic strength lies in a diversified business mix that ensures uninterrupted revenue generation and recurring non-transaction revenues. CBOE remains on track to grow its recurring non-transaction revenues. Increases in access and capacity fees and proprietary market data fees are likely to boost Data Vantage's net revenues. Data Vantage is well-positioned to perform well in 2025. CBOE estimates Data Vantage organic net revenue growth to be in the mid to high single-digit range in company achieved a greater global breadth of services and products, as well as new distribution channels, apart from generating revenues and cost synergies through strategic on operational expertise, the company has been strengthening its balance sheet by improving its cash position and lowering its debt balance. Its leverage ratio, as well as the times interest earned, compares favorably with the industry strategic investments are well supported by solid capital management. However, higher expenses remain a major concern. Cboe Global has been facing intense competition due to increased market consolidation that tends to reduce market share, and this includes both product and price company's investment in European, Canadian and Asia Pacific operations remains exposed to volatility in currency exchange rates through translation of net assets or equity to U.S. dollars. The company is also exposed to credit risk from third parties, including customers, counterparties and clearing agents. Cboe Global's growth strategy of expanding its product line across asset classes, broadening geographic reach, diversifying the business mix with recurring revenues and leveraging technology reflects its operational expertise. Its wealth distribution remains impressive. CBOE increased dividends for 13 straight years and has $644.5 million left under its current share repurchase authorization. Its discounted valuation also raises it is better to adopt a wait-and-see approach for this Zacks Rank #3 (Hold) stock. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intercontinental Exchange Inc. (ICE) : Free Stock Analysis Report Cboe Global Markets, Inc. (CBOE) : Free Stock Analysis Report OTC Markets Group Inc. (OTCM) : Free Stock Analysis Report S&P Global Inc. (SPGI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
