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Interactive Brokers Group, Inc. (IBKR) Rises Higher Than Market: Key Facts
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Interactive Brokers Group, Inc. (IBKR - Free Report) ended the recent trading session at $66.67, demonstrating a +1.69% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.68%. Elsewhere, the Dow saw an upswing of 1.05%, while the tech-heavy Nasdaq appreciated by 0.33%.
The company's shares have seen a decrease of 7.49% over the last month, not keeping up with the Finance sector's gain of 1.58% and the S&P 500's gain of 1.8%.
Investors will be eagerly watching for the performance of Interactive Brokers Group, Inc. in its upcoming earnings disclosure. On that day, Interactive Brokers Group, Inc. is projected to report earnings of $0.5 per share, which would represent a year-over-year decline of 1.96%. Meanwhile, our latest consensus estimate is calling for revenue of $1.44 billion, up 0.78% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $2.06 per share and a revenue of $5.94 billion, demonstrating changes of +17.05% and +13.68%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Interactive Brokers Group, Inc. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.16% increase. Interactive Brokers Group, Inc. is currently a Zacks Rank #2 (Buy).
Investors should also note Interactive Brokers Group, Inc.'s current valuation metrics, including its Forward P/E ratio of 31.77. This expresses a premium compared to the average Forward P/E of 17.94 of its industry.
Also, we should mention that IBKR has a PEG ratio of 2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 1.15.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 17, positioning it in the top 7% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Interactive Brokers Group, Inc. (IBKR) Rises Higher Than Market: Key Facts
Interactive Brokers Group, Inc. (IBKR - Free Report) ended the recent trading session at $66.67, demonstrating a +1.69% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.68%. Elsewhere, the Dow saw an upswing of 1.05%, while the tech-heavy Nasdaq appreciated by 0.33%.
The company's shares have seen a decrease of 7.49% over the last month, not keeping up with the Finance sector's gain of 1.58% and the S&P 500's gain of 1.8%.
Investors will be eagerly watching for the performance of Interactive Brokers Group, Inc. in its upcoming earnings disclosure. On that day, Interactive Brokers Group, Inc. is projected to report earnings of $0.5 per share, which would represent a year-over-year decline of 1.96%. Meanwhile, our latest consensus estimate is calling for revenue of $1.44 billion, up 0.78% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $2.06 per share and a revenue of $5.94 billion, demonstrating changes of +17.05% and +13.68%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Interactive Brokers Group, Inc. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.16% increase. Interactive Brokers Group, Inc. is currently a Zacks Rank #2 (Buy).
Investors should also note Interactive Brokers Group, Inc.'s current valuation metrics, including its Forward P/E ratio of 31.77. This expresses a premium compared to the average Forward P/E of 17.94 of its industry.
Also, we should mention that IBKR has a PEG ratio of 2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 1.15.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 17, positioning it in the top 7% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.