Interactive Brokers Group, Inc. (IBKR) closed the most recent trading day at $64.96, moving +2.15% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.3%. At the same time, the Dow added 0.86%, and the tech-heavy Nasdaq gained 0.17%.
The company's shares have seen a decrease of 10.04% over the last month, not keeping up with the Finance sector's gain of 1.91% and the S&P 500's loss of 0.06%.
Investors will be eagerly watching for the performance of Interactive Brokers Group, Inc. in its upcoming earnings disclosure. On that day, Interactive Brokers Group, Inc. is projected to report earnings of $0.49 per share, which would represent a year-over-year decline of 3.92%. Alongside, our most recent consensus estimate is anticipating revenue of $1.43 billion, indicating a 0.29% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.06 per share and revenue of $5.93 billion. These totals would mark changes of +17.05% and +13.55%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Interactive Brokers Group, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.15% higher. Currently, Interactive Brokers Group, Inc. is carrying a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Interactive Brokers Group, Inc. has a Forward P/E ratio of 30.87 right now. This indicates a premium in contrast to its industry's Forward P/E of 16.68.
Investors should also note that IBKR has a PEG ratio of 1.94 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Financial - Investment Bank stocks are, on average, holding a PEG ratio of 1.08 based on yesterday's closing prices.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 27, which puts it in the top 11% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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