Trade-Ideas: CBOE Holdings (CBOE) Is Today's New Lifetime High Stock
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified CBOE Holdings as such a stock due to the following factors:
- CBOE has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $40.9 million.
- CBOE has traded 282,979 shares today.
- CBOE is trading at a new lifetime high.
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More details on CBOE:
CBOE Holdings, Inc., through its subsidiaries, operates as an options exchange and creator of listed options in the United States. The stock currently has a dividend yield of 1.3%. CBOE has a PE ratio of 28. Currently there are 2 analysts that rate CBOE Holdings a buy, no analysts rate it a sell, and 8 rate it a hold.
The average volume for CBOE Holdings has been 605,200 shares per day over the past 30 days. CBOE has a market cap of $5.7 billion and is part of the financial sector and financial services industry. The stock has a beta of 0.37 and a short float of 3.8% with 4.88 days to cover. Shares are up 9.1% year-to-date as of the close of trading on Monday.
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Analysis:
rates CBOE Holdings as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 3.2%. Since the same quarter one year prior, revenues rose by 25.6%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Diversified Financial Services industry and the overall market, CBOE HOLDINGS INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- The gross profit margin for CBOE HOLDINGS INC is rather high; currently it is at 60.69%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 36.09% significantly outperformed against the industry average.
- Net operating cash flow has increased to $88.31 million or 40.55% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 15.56%.
- You can view the full CBOE Holdings Ratings Report.
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