CME Group Inc. (NASDAQ:CME) PEG Ratio At 2.64


Market experts has given a mean price target of $109.29 to CME Group Inc. (NASDAQ:CME) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $1.05 for the near-term quarter and $4.42 for this year.

Technical View

The technical assessment of CME Group Inc. pinpoints that the 50-day moving average of CME Group Inc. (NASDAQ:CME) stock is $106.54, and is trading $1.88 points away or +1.76% from 50-day moving average of $106.54. It is trading $9.76 or +9.90% off 200-day MA of $98.66.

The 52-week high of CME Group Inc. (NASDAQ:CME) was $110.35 while $81.87 is the low point in the same period. CME Group Inc. share price has to rise more than $-1.93 to register a high for 52-weeks or drop +32.43% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

CME Group Inc. (NASDAQ:CME) P/E ratio is 27.38 while PEG ratio is at 2.64. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

CME Group Inc. stock recorded a close of $108.42 in last trading session, which brings it market cap to $36.74B.

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