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) Falls More Steeply Than Broader Market: What Investors Need to Know
Read MoreHide Full Article
Interactive Brokers Group, Inc. (IBKR - Free Report) closed at $66.20 in the latest trading session, marking a -3.61% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.74%. On the other hand, the Dow registered a loss of 1.01%, and the technology-centric Nasdaq decreased by 2.38%.
Heading into today, shares of the company had lost 6.75% over the past month, lagging the Finance sector's loss of 6.39% and the S&P 500's loss of 4.99%.
The investment community will be paying close attention to the earnings performance of Interactive Brokers Group, Inc. in its upcoming release. The company is forecasted to report an EPS of $0.57, showcasing a 21.28% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.61 billion, up 15.22% from the year-ago period.
IBKR's full-year Zacks Consensus Estimates are calling for earnings of $2.35 per share and revenue of $6.53 billion. These results would represent year-over-year changes of +7.31% and +6.11%, respectively.
Investors might also notice recent changes to analyst estimates for Interactive Brokers Group, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health 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.
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 remained stagnant within the past month. Interactive Brokers Group, Inc. is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Interactive Brokers Group, Inc. is currently trading at a Forward P/E ratio of 29.23. This denotes a premium relative to the industry average Forward P/E of 13.09.
We can additionally observe that IBKR currently boasts a PEG ratio of 1.92. 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 1.01.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 65, which puts it in the top 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Interactive Brokers Group, Inc. (IBKR) Falls More Steeply Than Broader Market: What Investors Need to Know
Interactive Brokers Group, Inc. (IBKR - Free Report) closed at $66.20 in the latest trading session, marking a -3.61% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.74%. On the other hand, the Dow registered a loss of 1.01%, and the technology-centric Nasdaq decreased by 2.38%.
Heading into today, shares of the company had lost 6.75% over the past month, lagging the Finance sector's loss of 6.39% and the S&P 500's loss of 4.99%.
The investment community will be paying close attention to the earnings performance of Interactive Brokers Group, Inc. in its upcoming release. The company is forecasted to report an EPS of $0.57, showcasing a 21.28% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.61 billion, up 15.22% from the year-ago period.
IBKR's full-year Zacks Consensus Estimates are calling for earnings of $2.35 per share and revenue of $6.53 billion. These results would represent year-over-year changes of +7.31% and +6.11%, respectively.
Investors might also notice recent changes to analyst estimates for Interactive Brokers Group, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health 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.
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 remained stagnant within the past month. Interactive Brokers Group, Inc. is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Interactive Brokers Group, Inc. is currently trading at a Forward P/E ratio of 29.23. This denotes a premium relative to the industry average Forward P/E of 13.09.
We can additionally observe that IBKR currently boasts a PEG ratio of 1.92. 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 1.01.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 65, which puts it in the top 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.