CBOE Holdings (NASDAQ:CBOE) was downgraded by research analysts at Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating in a report released on Monday, TheFlyOnTheWall.com reports. They currently have a $49.00 price target on the stock. Goldman Sachs Group Inc.’s price target indicates a potential downside of 3.62% from the company’s current price. The analysts noted that the move was a valuation call.
Several other analysts have also recently commented on the stock. Analysts at Compass Point raised their price target on shares of CBOE Holdings from $42.00 to $50.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of CBOE Holdings from $44.00 to $51.00 in a research note to investors on Tuesday, July 16th. They now have a “market perform” rating on the stock.
One analyst has rated the stock with a sell rating and thirteen have given a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $43.04.
Shares of CBOE Holdings (NASDAQ:CBOE) traded down 3.95% during mid-day trading on Monday, hitting $48.83. CBOE Holdings has a 52 week low of $28.23 and a 52 week high of $51.12. The stock’s 50-day moving average is currently $47.12. The company has a market cap of $4.282 billion and a P/E ratio of 25.83.
CBOE Holdings (NASDAQ:CBOE) last announced its earnings results on Friday, August 2nd. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.03. The company had revenue of $150.80 million for the quarter, compared to the consensus estimate of $148.88 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. Analysts expect that CBOE Holdings will post $2.00 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 20th. Investors of record on Friday, August 30th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Wednesday, August 28th. This is an increase from CBOE Holdings’s previous quarterly dividend of $0.15.
CBOE Holdings, Inc (NASDAQ:CBOE) is the holding company.