Credit Suisse Has Negative Earnings Outlook Update for CBOE Holdings (CBOE)
Analysts at Credit Suisse (NYSE: CS) decreased their earnings per share (EPS) estimates on shares of CBOE Holdings (NASDAQ: CBOE) in a research report issued to clients and investors on Wednesday. The firm currently has a “neutral” rating and a $27.00 price target on the company’s shares.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank (NYSE: DB) cut their price target on shares of CBOE Holdings from $28.00 to $27.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Jefferies Group (NYSE: JEF) cut their EPS estimates on shares of CBOE Holdings in a research note on Monday. They now have a “hold” rating on the stock. Finally, analysts at Barclays Capital (NYSE: BCS) reiterated an “equal weight” rating on shares of CBOE Holdings in a research note to investors on Wednesday, April 4th.
CBOE Holdings traded up 0.50% on Wednesday, hitting $26.04. CBOE Holdings has a 1-year low of $21.55 and a 1-year high of $29.56. The company has a market cap of $2.312 billion and a price-to-earnings ratio of 17.05.
The company last announced its quarterly results on Tuesday, May 1st. It reported $0.37 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.36 EPS by $0.01. The company’s quarterly revenue was down 2.1% on a year-over-year basis. Analysts expect that CBOE Holdings will post $0.40 EPS next quarter.
CBOE Holdings, Inc. is engaged in the operation of markets for the execution of transactions in exchange-traded options.