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Interactive Brokers Group, Inc. (IBKR) closed the most recent trading day at $172.69, moving -0.98% from the previous trading session. This change was narrower than the S&P 500's 1.07% loss on the day. Elsewhere, the Dow saw a downswing of 0.62%, while the tech-heavy Nasdaq depreciated by 1.71%.
The the stock of company has fallen by 25.51% in the past month, lagging the Finance sector's loss of 3.42% and the S&P 500's loss of 7.03%.
The investment community will be paying close attention to the earnings performance of Interactive Brokers Group, Inc. in its upcoming release. In that report, analysts expect Interactive Brokers Group, Inc. to post earnings of $1.88 per share. This would mark year-over-year growth of 14.63%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.39 billion, up 15.18% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $7.12 per share and a revenue of $5.49 billion, demonstrating changes of +1.28% and +5.08%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Interactive Brokers Group, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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 remained stagnant. At present, Interactive Brokers Group, Inc. boasts a Zacks Rank of #2 (Buy).
With respect to valuation, Interactive Brokers Group, Inc. is currently being traded at a Forward P/E ratio of 24.48. This valuation marks a premium compared to its industry's average Forward P/E of 13.9.
Meanwhile, IBKR's PEG ratio is currently 1.28. 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. As the market closed yesterday, the Financial - Investment Bank industry was having an average PEG ratio of 1.06.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 20, which puts it in the top 8% of all 250+ industries.