CBOE Holdings Inc (CBOE) was Initiated by Sterne Agee CRT to “Underperform” and the brokerage firm has set the Price Target at $56. Sterne Agee CRT advised their investors in a research report released on May 20, 2016.
Many Wall Street Analysts have commented on CBOE Holdings Inc. Shares were Reiterated by Barclays on May 2, 2016 to “Underweight” and Lowered the Price Target to $ 53 from a previous price target of $54 .Shares were Reiterated by RBC Capital Mkts on May 2, 2016 to “Outperform” and Lowered the Price Target to $ 78 from a previous price target of $82 .Buckingham Research Initiated CBOE Holdings Inc on Apr 27, 2016 to “Neutral”, Price Target of the shares are set at $70.
On the company’s financial health, CBOE Holdings Inc reported $0.60 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Apr 29, 2016. Analyst had a consensus of $0.62. The company had revenue of $162.33 million for the quarter, compared to analysts expectations of $165.71 million. The company’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS.
CBOE Holdings Inc opened for trading at $62.52 and hit $63.55 on the upside on Thursday, eventually ending the session at $63.29, with a gain of 0.80% or 0.5 points. The heightened volatility saw the trading volume jump to 3,88,430 shares. Company has a market cap of $5,152 M.
In a different news, on Apr 20, 2016, William J Brodsky (director) sold 5,000 shares at $63.87 per share price. According to the SEC, on Apr 14, 2016, David S Reynolds (Chief Accounting Officer) sold 2,500 shares at $63.93 per share price. On Apr 5, 2016, Alan J Dean (Executive VP, CFO & Treasurer) sold 3,047 shares at $65.12 per share price, according to the Form-4 filing with the securities and exchange commission.
CBOE Holdings Inc. is a holding company. The Companys principal business is operating markets that offer for trading options on various market indexes (index options) on an exclusive basis and futures contracts as well as on non-exclusive multiply listed options such as options on the stocks of individual corporations (equity options) and options on other exchange-traded products (ETP options) such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options). The Company operates three stand-alone exchanges. CBOE is the Companys options market and offers trading in listed options through a single system that integrates electronic trading and open outcry trading. The options contracts listed for trading include options on indexes equities and ETPs.