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Interactive Brokers Group, Inc. (IBKR) Beats Stock Market Upswing: What Investors Need to Know
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Interactive Brokers Group, Inc. (IBKR - Free Report) closed the most recent trading day at $64.26, moving +2.1% from the previous trading session. This change outpaced the S&P 500's 0.88% gain on the day. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 1.31%.
Shares of the company witnessed a gain of 2.24% over the previous month, trailing the performance of the Finance sector with its gain of 4.46%, and the S&P 500's gain of 2.48%.
Market participants will be closely following the financial results of Interactive Brokers Group, Inc. in its upcoming release. The company's upcoming EPS is projected at $0.5, signifying a 1.96% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.44 billion, indicating a 0.78% upward movement from the same quarter last year.
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.
Investors might also notice recent changes to analyst estimates for Interactive Brokers Group, Inc. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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. The Zacks Consensus EPS estimate has moved 0.16% higher within the past month. Currently, Interactive Brokers Group, Inc. is carrying a Zacks Rank of #2 (Buy).
With respect to valuation, Interactive Brokers Group, Inc. is currently being traded at a Forward P/E ratio of 30.5. Its industry sports an average Forward P/E of 17.69, so one might conclude that Interactive Brokers Group, Inc. is trading at a premium comparatively.
We can additionally observe that IBKR currently boasts a PEG ratio of 1.92. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 1.07 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 30, finds itself in the top 13% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Interactive Brokers Group, Inc. (IBKR) Beats Stock Market Upswing: What Investors Need to Know
Interactive Brokers Group, Inc. (IBKR - Free Report) closed the most recent trading day at $64.26, moving +2.1% from the previous trading session. This change outpaced the S&P 500's 0.88% gain on the day. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 1.31%.
Shares of the company witnessed a gain of 2.24% over the previous month, trailing the performance of the Finance sector with its gain of 4.46%, and the S&P 500's gain of 2.48%.
Market participants will be closely following the financial results of Interactive Brokers Group, Inc. in its upcoming release. The company's upcoming EPS is projected at $0.5, signifying a 1.96% drop compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.44 billion, indicating a 0.78% upward movement from the same quarter last year.
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.
Investors might also notice recent changes to analyst estimates for Interactive Brokers Group, Inc. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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. The Zacks Consensus EPS estimate has moved 0.16% higher within the past month. Currently, Interactive Brokers Group, Inc. is carrying a Zacks Rank of #2 (Buy).
With respect to valuation, Interactive Brokers Group, Inc. is currently being traded at a Forward P/E ratio of 30.5. Its industry sports an average Forward P/E of 17.69, so one might conclude that Interactive Brokers Group, Inc. is trading at a premium comparatively.
We can additionally observe that IBKR currently boasts a PEG ratio of 1.92. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 1.07 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 30, finds itself in the top 13% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.