Stock Surge: CME Group Inc (CME) Closes at 197.37, Marking a 0.18 Increase/Decrease

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In the latest session, CME Group Inc (NASDAQ: CME) closed at $197.37 up 0.18% from its previous closing price of $197.01. In other words, the price has increased by $0.18 from its previous closing price. On the day, 1.99 million shares were traded. CME stock price reached its highest trading level at $199.46 during the session, while it also had its lowest trading level at $197.08.

Ratios:

For a deeper understanding of CME 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 45.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.13. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.11.

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, JP Morgan on June 21, 2024, Downgraded its rating to Underweight and sets its target price to $187 from $206 previously.

On January 08, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $244 to $222.

Goldman Downgraded its Neutral to Sell on January 03, 2024, while the target price for the stock was maintained at $195.

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 Jun 25 ’24 when SHEPARD WILLIAM R bought 312 shares for $195.07 per share. The transaction valued at 60,885 led to the insider holds 253,655 shares of the business.

SHEPARD WILLIAM R bought 14 shares of CME for $2,684 on Jun 25 ’24. The Director now owns 2,348 shares after completing the transaction at $195.07 per share. On Jun 13 ’24, another insider, Carey Charles P, who serves as the Director of the company, sold 3,000 shares for $195.44 each. As a result, the insider received 586,320 and left with 7,163 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, CME now has a Market Capitalization of 71066025984 and an Enterprise Value of 73380503552. As of this moment, CME’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.48, and their Forward P/E ratio for the next fiscal year is 19.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.63 while its Price-to-Book (P/B) ratio in mrq is 2.61. Its current Enterprise Value per Revenue stands at 13.067 whereas that against EBITDA is 19.043.

Stock Price History:

The Beta on a monthly basis for CME is 0.53, which has changed by 0.058965564 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, CME has reached a high of $222.63, while it has fallen to a 52-week low of $180.44. The 50-Day Moving Average of the stock is -2.41%, while the 200-Day Moving Average is calculated to be -4.88%.

Shares Statistics:

For the past three months, CME has traded an average of 2.20M shares per day and 2859710 over the past ten days. A total of 359.23M shares are outstanding, with a floating share count of 358.87M. Insiders hold about 0.33% of the company’s shares, while institutions hold 89.29% stake in the company. Shares short for CME as of 1719532800 were 4506882 with a Short Ratio of 2.05, compared to 1717113600 on 5075339. Therefore, it implies a Short% of Shares Outstanding of 4506882 and a Short% of Float of 1.26.

Dividends & Splits

According to the company, the forward annual dividend rate for CME is 4.50, from 4.45 in the trailing year. Against a Trailing Annual Dividend Yield of 0.022587685The stock’s 5-year Average Dividend Yield is 3.1. The current Payout Ratio is 108.90% for CME, which recently paid a dividend on 2024-06-07 with an ex-dividend date of 1717718400. Stock splits for the company last occurred on 2012-07-23 when the company split stock in a 5:1 ratio.

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