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Interactive Brokers Group, Inc. (IBKR) Rises Higher Than Market: Key Facts
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In the latest close session, Interactive Brokers Group, Inc. (IBKR - Free Report) was up +2.65% at $83.10. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.05%, and the technology-dominated Nasdaq saw an increase of 0.91%.
Heading into today, shares of the company had gained 5.06% over the past month, outpacing the Finance sector's gain of 1.37% and the S&P 500's gain of 4.96%.
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 $0.59, signifying a 15.69% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.66 billion, up 12.16% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.46 per share and a revenue of $6.9 billion, representing changes of +12.33% and +12.14%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Interactive Brokers Group, Inc. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Interactive Brokers Group, Inc. possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Interactive Brokers Group, Inc. is presently being traded at a Forward P/E ratio of 32.95. For comparison, its industry has an average Forward P/E of 12.83, which means Interactive Brokers Group, Inc. is trading at a premium to the group.
Meanwhile, IBKR's PEG ratio is currently 2.24. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 0.92 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. With its current Zacks Industry Rank of 107, this industry ranks in the top 44% of all industries, numbering over 250.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Interactive Brokers Group, Inc. (IBKR) Rises Higher Than Market: Key Facts
In the latest close session, Interactive Brokers Group, Inc. (IBKR - Free Report) was up +2.65% at $83.10. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.05%, and the technology-dominated Nasdaq saw an increase of 0.91%.
Heading into today, shares of the company had gained 5.06% over the past month, outpacing the Finance sector's gain of 1.37% and the S&P 500's gain of 4.96%.
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 $0.59, signifying a 15.69% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.66 billion, up 12.16% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.46 per share and a revenue of $6.9 billion, representing changes of +12.33% and +12.14%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Interactive Brokers Group, Inc. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. Within the past 30 days, our consensus EPS projection remained stagnant. Right now, Interactive Brokers Group, Inc. possesses a Zacks Rank of #3 (Hold).
In terms of valuation, Interactive Brokers Group, Inc. is presently being traded at a Forward P/E ratio of 32.95. For comparison, its industry has an average Forward P/E of 12.83, which means Interactive Brokers Group, Inc. is trading at a premium to the group.
Meanwhile, IBKR's PEG ratio is currently 2.24. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 0.92 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. With its current Zacks Industry Rank of 107, this industry ranks in the top 44% of all industries, numbering over 250.
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.
You can find more information on all of these metrics, and much more, on Zacks.com.