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Why Interactive Brokers Group, Inc. (IBKR) Dipped More Than Broader Market Today
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Interactive Brokers Group, Inc. (IBKR - Free Report) closed the most recent trading day at $67.69, moving -1.11% from the previous trading session. This change lagged the S&P 500's daily loss of 0.28%. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.28%.
Coming into today, shares of the company had lost 8.61% in the past month. In that same time, the Finance sector lost 6.73%, while the S&P 500 lost 3.59%.
The upcoming earnings release of Interactive Brokers Group, Inc. will be of great interest to investors. The company's upcoming EPS is projected at $0.57, signifying a 21.28% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.61 billion, showing a 15.22% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.35 per share and revenue of $6.53 billion. These totals would mark changes of +7.31% and +6.11%, respectively, from last year.
Any recent changes to analyst estimates for Interactive Brokers Group, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, Interactive Brokers Group, Inc. possesses a Zacks Rank of #1 (Strong Buy).
Digging into valuation, Interactive Brokers Group, Inc. currently has a Forward P/E ratio of 29.13. This indicates a premium in contrast to its industry's Forward P/E of 12.65.
It is also worth noting that IBKR currently has 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. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 0.99.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 34, which puts it in the top 14% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Why Interactive Brokers Group, Inc. (IBKR) Dipped More Than Broader Market Today
Interactive Brokers Group, Inc. (IBKR - Free Report) closed the most recent trading day at $67.69, moving -1.11% from the previous trading session. This change lagged the S&P 500's daily loss of 0.28%. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.28%.
Coming into today, shares of the company had lost 8.61% in the past month. In that same time, the Finance sector lost 6.73%, while the S&P 500 lost 3.59%.
The upcoming earnings release of Interactive Brokers Group, Inc. will be of great interest to investors. The company's upcoming EPS is projected at $0.57, signifying a 21.28% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.61 billion, showing a 15.22% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.35 per share and revenue of $6.53 billion. These totals would mark changes of +7.31% and +6.11%, respectively, from last year.
Any recent changes to analyst estimates for Interactive Brokers Group, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, Interactive Brokers Group, Inc. possesses a Zacks Rank of #1 (Strong Buy).
Digging into valuation, Interactive Brokers Group, Inc. currently has a Forward P/E ratio of 29.13. This indicates a premium in contrast to its industry's Forward P/E of 12.65.
It is also worth noting that IBKR currently has 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. By the end of yesterday's trading, the Financial - Investment Bank industry had an average PEG ratio of 0.99.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 34, which puts it in the top 14% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.