IBG, Inc.(US:IBKR) ZACKSยท2024-08-22 22:50Company Performance - Interactive Brokers Group, Inc. (IBKR) closed at $124.12, marking a +0.62% move from the previous day, outperforming the S&P 500 which lost 0.89% [1] - Over the past month, shares of IBKR gained 4.43%, surpassing the Finance sector's gain of 1.92% and the S&P 500's gain of 2.17% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with a forecasted EPS of $1.71, reflecting a 10.32% increase from the same quarter last year [1] - Revenue is expected to be $1.25 billion, indicating a 9.13% increase compared to the same quarter of the previous year [1] Annual Forecast - For the entire year, Zacks Consensus Estimates forecast earnings of $6.81 per share and revenue of $4.98 billion, representing changes of +18.43% and +14.74% respectively compared to the previous year [2] Analyst Projections - Recent shifts in analyst projections for IBKR should be monitored, as positive estimate revisions indicate analyst optimism about the company's business and profitability [2] - Changes in estimates are directly related to upcoming stock price performance, with the Zacks Rank system designed to capitalize on this phenomenon [2] Zacks Rank and Valuation - IBKR currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate moving 0.74% higher over the past month [3] - The company is traded at a Forward P/E ratio of 18.13, which is a premium compared to the industry's average Forward P/E of 16.23 [3] - IBKR has a PEG ratio of 1.1, aligning with the Financial - Investment Bank industry's average PEG ratio of 1.1 [3] Industry Overview - The Financial - Investment Bank industry is part of the Finance sector and currently holds a Zacks Industry Rank of 140, placing it in the bottom 45% of all industries [4] - The Zacks Industry Rank measures the strength of individual industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [4]