Market Insight: Interactive Brokers Group Inc (IBKR)’s Notable Drop, Closing at 123.66

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In the latest session, Interactive Brokers Group Inc (NASDAQ: IBKR) closed at $123.66 down -0.80% from its previous closing price of $124.66. In other words, the price has decreased by -$0.80 from its previous closing price. On the day, 2.33 million shares were traded. IBKR stock price reached its highest trading level at $125.06 during the session, while it also had its lowest trading level at $122.6.

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 0.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.32. In the meantime, Its Debt-to-Equity ratio is 3.85 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, Keefe Bruyette on July 11, 2024, Downgraded its rating to Mkt Perform and sets its target price to $135 from $128 previously.

On January 09, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $88 to $102.

On December 01, 2023, Redburn Atlantic started tracking the stock assigning a Buy rating and target price of $100.Redburn Atlantic initiated its Buy rating on December 01, 2023, with a $100 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 52071497728 and an Enterprise Value of -38852792320. As of this moment, Interactive’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.10, and their Forward P/E ratio for the next fiscal year is 17.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 3.55. Its current Enterprise Value per Revenue stands at -8.502.

Stock Price History:

The Beta on a monthly basis for IBKR is 0.81, which has changed by 0.5086007 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, IBKR has reached a high of $129.19, while it has fallen to a 52-week low of $72.60. The 50-Day Moving Average of the stock is 0.32%, while the 200-Day Moving Average is calculated to be 22.08%.

Shares Statistics:

For the past three months, IBKR has traded an average of 866.04K shares per day and 973210 over the past ten days. A total of 107.05M shares are outstanding, with a floating share count of 103.39M. Insiders hold about 3.47% of the company’s shares, while institutions hold 88.21% stake in the company. Shares short for IBKR as of 1719532800 were 2886051 with a Short Ratio of 3.33, compared to 1717113600 on 3420761. Therefore, it implies a Short% of Shares Outstanding of 2886051 and a Short% of Float of 2.78.

Dividends & Splits

According to the company, the forward annual dividend rate for IBKR is 0.55, from 0.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0032087278The stock’s 5-year Average Dividend Yield is 0.63.

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