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) Stock Slides as Market Rises: Facts to Know Before You Trade
Read MoreHide Full Article
Interactive Brokers Group, Inc. (IBKR - Free Report) ended the recent trading session at $87.85, demonstrating a -2.19% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 1.18% for the day. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
Shares of the company have appreciated by 3.28% over the course of the past month, outperforming the Finance sector's gain of 1.96%, and the S&P 500's loss of 2.9%.
Market participants will be closely following the financial results of Interactive Brokers Group, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.59, reflecting a 15.69% increase from the same quarter last 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.
It's also important for investors to be aware of any recent modifications to analyst estimates for Interactive Brokers Group, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 past month, the Zacks Consensus EPS estimate has remained steady. Right now, Interactive Brokers Group, Inc. possesses a Zacks Rank of #3 (Hold).
Looking at valuation, Interactive Brokers Group, Inc. is presently trading at a Forward P/E ratio of 36.56. This represents a premium compared to its industry average Forward P/E of 14.06.
We can also see that IBKR currently has a PEG ratio of 2.48. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Financial - Investment Bank industry currently had an average PEG ratio of 1.08 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 110, finds itself in the top 46% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.
View the Zacks #1 Rank List
Image: Bigstock
Interactive Brokers Group, Inc. (IBKR) Stock Slides as Market Rises: Facts to Know Before You Trade
Interactive Brokers Group, Inc. (IBKR - Free Report) ended the recent trading session at $87.85, demonstrating a -2.19% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 1.18% for the day. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 2.07%.
Shares of the company have appreciated by 3.28% over the course of the past month, outperforming the Finance sector's gain of 1.96%, and the S&P 500's loss of 2.9%.
Market participants will be closely following the financial results of Interactive Brokers Group, Inc. in its upcoming release. The company's earnings per share (EPS) are projected to be $0.59, reflecting a 15.69% increase from the same quarter last 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.
It's also important for investors to be aware of any recent modifications to analyst estimates for Interactive Brokers Group, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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 past month, the Zacks Consensus EPS estimate has remained steady. Right now, Interactive Brokers Group, Inc. possesses a Zacks Rank of #3 (Hold).
Looking at valuation, Interactive Brokers Group, Inc. is presently trading at a Forward P/E ratio of 36.56. This represents a premium compared to its industry average Forward P/E of 14.06.
We can also see that IBKR currently has a PEG ratio of 2.48. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Financial - Investment Bank industry currently had an average PEG ratio of 1.08 as of yesterday's close.
The Financial - Investment Bank industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 110, finds itself in the top 46% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. 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.