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Interactive Brokers Group, Inc. (IBKR) Outperforms Broader Market: What You Need to Know
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Interactive Brokers Group, Inc. (IBKR - Free Report) closed at $73.65 in the latest trading session, marking a +2.41% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.81% for the day. At the same time, the Dow added 0.63%, and the tech-heavy Nasdaq gained 1.26%.
Shares of the company witnessed a loss of 4.72% over the previous month, trailing the performance of the Finance sector with its loss of 0.97%, and the S&P 500's loss of 0.25%.
Analysts and investors alike will be keeping a close eye on 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 $0.57 per share, which would represent year-over-year growth of 21.28%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.61 billion, indicating a 15.22% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.35 per share and a revenue of $6.53 billion, signifying shifts of +7.31% and +6.11%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Interactive Brokers Group, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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 remained unchanged. Interactive Brokers Group, Inc. is currently a Zacks Rank #3 (Hold).
In terms of valuation, Interactive Brokers Group, Inc. is presently being traded at a Forward P/E ratio of 30.6. This indicates a premium in contrast to its industry's Forward P/E of 13.38.
Investors should also note that IBKR has a PEG ratio of 2.01 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 1.11 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 31, positioning it in the top 13% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow IBKR in the coming trading sessions, be sure to utilize Zacks.com.
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Interactive Brokers Group, Inc. (IBKR) Outperforms Broader Market: What You Need to Know
Interactive Brokers Group, Inc. (IBKR - Free Report) closed at $73.65 in the latest trading session, marking a +2.41% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.81% for the day. At the same time, the Dow added 0.63%, and the tech-heavy Nasdaq gained 1.26%.
Shares of the company witnessed a loss of 4.72% over the previous month, trailing the performance of the Finance sector with its loss of 0.97%, and the S&P 500's loss of 0.25%.
Analysts and investors alike will be keeping a close eye on 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 $0.57 per share, which would represent year-over-year growth of 21.28%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.61 billion, indicating a 15.22% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.35 per share and a revenue of $6.53 billion, signifying shifts of +7.31% and +6.11%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Interactive Brokers Group, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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 remained unchanged. Interactive Brokers Group, Inc. is currently a Zacks Rank #3 (Hold).
In terms of valuation, Interactive Brokers Group, Inc. is presently being traded at a Forward P/E ratio of 30.6. This indicates a premium in contrast to its industry's Forward P/E of 13.38.
Investors should also note that IBKR has a PEG ratio of 2.01 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 1.11 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 31, positioning it in the top 13% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow IBKR in the coming trading sessions, be sure to utilize Zacks.com.