Alert: Positive Investment/Fundamental Signals (11/30/23)-Cboe Global Markets Inc (BATS: CBOE)


Recent notable positive changes in investment behavior have benefitted Cboe Global Markets Inc (BATS: CBOE): the stock rose on very heavy volume.

Cboe Global Markets Inc (BATS: CBOE) has benefited from meaningful positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, CBOE is expected to continue to be a major Value Builder.

Cboe Global Markets has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Cboe Global Markets has a poor Appreciation Score of 27 but a very high Power Rating of 96, producing the High Neutral Value Trend Rating.

Recent Price Action

Cboe Global Markets Inc (BATS: CBOE) stock closed at $182.19 on 11/30/23 after an increase of 1.5%. Moreover, this advance was accompanied by exceptionally high trading volume at 204% of normal. The stock has risen 3.0% during the last week and has been exceptionally strong relative to the market over the last nine months.

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