Interactive Brokers Group, Inc. (IBKR) closed the most recent trading day at $67.69, moving -1.11% from the previous trading session. This change lagged the S&P 500’s daily loss of 0.28%. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.28%.
Coming into today, shares of the company had lost 8.61% in the past month. In that same time, the Finance sector lost 6.73%, while the S&P 500 lost 3.59%.
The upcoming earnings release of Interactive Brokers Group, Inc. will be of great interest to investors. The company’s upcoming EPS is projected at $0.57, signifying a 21.28% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.61 billion, showing a 15.22% escalation compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.35 per share and revenue of $6.53 billion. These totals would mark changes of +7.31% and +6.11%, respectively, from last year.
Any recent changes to analyst estimates for Interactive Brokers Group, Inc. should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Right now, Interactive Brokers Group, Inc. possesses a Zacks Rank of #1 (Strong Buy).
Digging into valuation, Interactive Brokers Group, Inc. currently has a Forward P/E ratio of 29.13. This indicates a premium in contrast to its industry’s Forward P/E of 12.65.
It is also worth noting that IBKR currently has a PEG ratio of 1.92. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. By the end of yesterday’s trading, the Financial – Investment Bank industry had an average PEG ratio of 0.99.
The Financial – Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 34, which puts it in the top 14% of all 250+ industries.