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Interactive Brokers Group, Inc. (IBKR) Dips More Than Broader Market: What You Should Know
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Interactive Brokers Group, Inc. (IBKR - Free Report) closed the most recent trading day at $87.15, moving -1.77% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.74%. On the other hand, the Dow registered a loss of 1.21%, and the technology-centric Nasdaq decreased by 0.89%.
Shares of the company have appreciated by 5.73% over the course of the past month, outperforming the Finance sector's gain of 1.17%, and the S&P 500's gain of 5.39%.
The upcoming earnings release of Interactive Brokers Group, Inc. will be of great interest to investors. On that day, Interactive Brokers Group, Inc. is projected to report earnings of $0.59 per share, which would represent year-over-year growth of 15.69%. At the same time, our most recent consensus estimate is projecting a revenue of $1.66 billion, reflecting a 12.16% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2.46 per share and a revenue of $6.9 billion, demonstrating changes of +12.33% and +12.14%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Interactive Brokers Group, Inc. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
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 last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Interactive Brokers Group, Inc. currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, Interactive Brokers Group, Inc. is holding a Forward P/E ratio of 36.11. This denotes a premium relative to the industry average Forward P/E of 12.93.
Investors should also note that IBKR has a PEG ratio of 2.45 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Financial - Investment Bank industry currently had an average PEG ratio of 0.93 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 107, placing it within the top 44% of over 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Interactive Brokers Group, Inc. (IBKR) Dips More Than Broader Market: What You Should Know
Interactive Brokers Group, Inc. (IBKR - Free Report) closed the most recent trading day at $87.15, moving -1.77% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.74%. On the other hand, the Dow registered a loss of 1.21%, and the technology-centric Nasdaq decreased by 0.89%.
Shares of the company have appreciated by 5.73% over the course of the past month, outperforming the Finance sector's gain of 1.17%, and the S&P 500's gain of 5.39%.
The upcoming earnings release of Interactive Brokers Group, Inc. will be of great interest to investors. On that day, Interactive Brokers Group, Inc. is projected to report earnings of $0.59 per share, which would represent year-over-year growth of 15.69%. At the same time, our most recent consensus estimate is projecting a revenue of $1.66 billion, reflecting a 12.16% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2.46 per share and a revenue of $6.9 billion, demonstrating changes of +12.33% and +12.14%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Interactive Brokers Group, Inc. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
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 last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Interactive Brokers Group, Inc. currently has a Zacks Rank of #2 (Buy).
Looking at its valuation, Interactive Brokers Group, Inc. is holding a Forward P/E ratio of 36.11. This denotes a premium relative to the industry average Forward P/E of 12.93.
Investors should also note that IBKR has a PEG ratio of 2.45 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Financial - Investment Bank industry currently had an average PEG ratio of 0.93 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 107, placing it within the top 44% of over 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.