Why CBOE Holdings, Inc. (NASDAQ:CBOE) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $64.77 on CBOE Holdings, Inc. (NASDAQ:CBOE) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.43 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of CBOE Holdings, Inc. (NASDAQ:CBOE) stands at 25.38.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For CBOE Holdings, Inc., the PEG ratio for coming 3-5 years is 3.26.

Technical Analysis

The technical analysis highlights that CBOE Holdings, Inc. current is trading $-0.51 points away or -0.75% from its 50-day moving average of $67.61. Further it is trading $2.24 or +3.45% away its 200-day moving average of $64.86.

The 52-week high of CBOE Holdings, Inc. (NASDAQ:CBOE) was $72.53 while lowest point recorded in 52-week was $58.25. It implies if stock price makes a movement of over $-5.43, it will record a new 52-week high. In the case of +15.19% drop, it will touch a new 52-week low.

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