We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Interactive Brokers Group, Inc. (IBKR) Stock Moves 1.24%: What You Should Know
Read MoreHide Full Article
In the latest trading session, Interactive Brokers Group, Inc. (IBKR - Free Report) closed at $52.28, marking a +1.24% move from the previous day. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, added 0.31%.
Prior to today's trading, shares of the company had lost 2.81% lagged the Finance sector's gain of 3.26% and the S&P 500's gain of 5.05%.
The upcoming earnings release of Interactive Brokers Group, Inc. will be of great interest to investors. On that day, Interactive Brokers Group, Inc. is projected to report earnings of $0.43 per share, which would represent a year-over-year decline of 2.27%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.32 billion, up 7.64% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.76 per share and a revenue of $5.36 billion, representing changes of 0% and +2.62%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Interactive Brokers Group, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Interactive Brokers Group, Inc. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Interactive Brokers Group, Inc. is presently being traded at a Forward P/E ratio of 29.28. For comparison, its industry has an average Forward P/E of 15.27, which means Interactive Brokers Group, Inc. is trading at a premium to the group.
It's also important to note that IBKR currently trades at a PEG ratio of 2.8. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Financial - Investment Bank was holding an average PEG ratio of 1.27 at yesterday's closing price.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 90, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Interactive Brokers Group, Inc. (IBKR) Stock Moves 1.24%: What You Should Know
In the latest trading session, Interactive Brokers Group, Inc. (IBKR - Free Report) closed at $52.28, marking a +1.24% move from the previous day. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, added 0.31%.
Prior to today's trading, shares of the company had lost 2.81% lagged the Finance sector's gain of 3.26% and the S&P 500's gain of 5.05%.
The upcoming earnings release of Interactive Brokers Group, Inc. will be of great interest to investors. On that day, Interactive Brokers Group, Inc. is projected to report earnings of $0.43 per share, which would represent a year-over-year decline of 2.27%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.32 billion, up 7.64% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.76 per share and a revenue of $5.36 billion, representing changes of 0% and +2.62%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Interactive Brokers Group, Inc. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Interactive Brokers Group, Inc. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Interactive Brokers Group, Inc. is presently being traded at a Forward P/E ratio of 29.28. For comparison, its industry has an average Forward P/E of 15.27, which means Interactive Brokers Group, Inc. is trading at a premium to the group.
It's also important to note that IBKR currently trades at a PEG ratio of 2.8. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Financial - Investment Bank was holding an average PEG ratio of 1.27 at yesterday's closing price.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 90, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.