In the latest session, Interactive Brokers Group Inc (NASDAQ: IBKR) closed at $111.10 down -2.86% from its previous closing price of $114.37. In other words, the price has decreased by -$3.27 from its previous closing price. On the day, 591185 shares were traded.
Ratios:
For a deeper understanding of Interactive Brokers Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.22. In the meantime, Its Debt-to-Equity ratio is 3.21 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 09, 2024, Upgraded its rating to Buy and sets its target price to $102 from $88 previously.
On December 01, 2023, Redburn Atlantic started tracking the stock assigning a Buy rating and target price of $100.
On October 03, 2023, UBS started tracking the stock assigning a Buy rating and target price of $113.UBS initiated its Buy rating on October 03, 2023, with a $113 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 22 ’24 when Nemser Earl H sold 5,000 shares for $107.01 per share. The transaction valued at 535,050 led to the insider holds 108,770 shares of the business.
Nemser Earl H sold 5,000 shares of IBKR for $524,300 on Feb 21 ’24. The Vice Chairman now owns 113,770 shares after completing the transaction at $104.86 per share. On Feb 16 ’24, another insider, Nemser Earl H, who serves as the Vice Chairman of the company, sold 5,000 shares for $105.63 each. As a result, the insider received 528,132 and left with 118,770 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IBKR now has a Market Capitalization of 11.90B and an Enterprise Value of 8.16B. As of this moment, Interactive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.62, and their Forward P/E ratio for the next fiscal year is 17.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 3.32. Its current Enterprise Value per Revenue stands at 1.05 whereas that against EBITDA is 1.24.
Stock Price History:
Over the past 52 weeks, IBKR has reached a high of $116.92, while it has fallen to a 52-week low of $70.83. The 50-Day Moving Average of the stock is 105.39, while the 200-Day Moving Average is calculated to be 90.58.
Shares Statistics:
For the past three months, IBKR has traded an average of 1.14M shares per day and 767.74k over the past ten days. A total of 107.05M shares are outstanding, with a floating share count of 103.60M. Insiders hold about 3.27% of the company’s shares, while institutions hold 86.89% stake in the company. Shares short for IBKR as of Mar 15, 2024 were 2.88M with a Short Ratio of 2.53, compared to 2.48M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.69% and a Short% of Float of 2.78%.
Dividends & Splits
According to the company, the forward annual dividend rate for IBKR is 0.40, from 0.40 in the trailing year. Against a Trailing Annual Dividend Yield of 0.35%, it implies a Forward Annual Dividend Yield of 0.36%. The stock’s 5-year Average Dividend Yield is 0.65.
Earnings Estimates
There are 8 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.61 for the current quarter, with a high estimate of $1.67 and a low estimate of $1.54, while EPS last year was $1.35. The consensus estimate for the next quarter is $1.62, with high estimates of $1.68 and low estimates of $1.53.
Analysts are recommending an EPS of between $6.77 and $6.03 for the fiscal current year, implying an average EPS of $6.48. EPS for the following year is $6.48, with 9 analysts recommending between $7.23 and $5.8.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $1.19B this quarter.It ranges from a high estimate of $1.22B to a low estimate of $1.16B. As of the current estimate, Interactive Brokers Group Inc’s year-ago sales were $1.01B, an estimated increase of 17.40% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $1.2B, an increase of 13.30% less than the figure of $17.40% in the same quarter last year. There is a high estimate of $1.24B for the next quarter, whereas the lowest estimate is $1.16B.
A total of 9 analysts have provided revenue estimates for IBKR’s current fiscal year. The highest revenue estimate was $5.03B, while the lowest revenue estimate was $4.61B, resulting in an average revenue estimate of $4.8B. In the same quarter a year ago, actual revenue was $4.37B, up 9.90% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $4.85B in the next fiscal year. The high estimate is $5.21B and the low estimate is $4.6B. The average revenue growth estimate for next year is up 1.10% from the average revenue estimate for this year.
