IBG, Inc.(US:IBKR) ZACKSยท2024-08-28 22:50Company Performance - Interactive Brokers Group, Inc. (IBKR) closed at $126.32, reflecting a -0.63% change compared to the previous day, underperforming the S&P 500's 0.6% loss [1] - The stock has increased by 6.86% over the past month, outperforming the Finance sector's gain of 2.41% and the S&P 500's gain of 3.15% [1] - Analysts expect IBKR to report earnings of $1.71 per share, indicating a year-over-year growth of 10.32%, with projected revenue of $1.25 billion, a 9.13% increase from the same quarter last year [1] Full Year Estimates - For the full year, earnings are projected at $6.81 per share and revenue at $4.98 billion, representing changes of +18.43% and +14.74% respectively from the previous year [2] - Recent changes in analyst estimates for IBKR are seen as indicators of the company's business outlook, with positive revisions suggesting optimism [2] Zacks Rank and Valuation - IBKR currently holds a Zacks Rank of 1 (Strong Buy), with an average annual return of +25% for 1 stocks since 1988 [3] - The Forward P/E ratio for IBKR is 18.68, which is a premium compared to the industry average of 16.6 [3] - The PEG ratio for IBKR stands at 1.13, aligning with the Financial - Investment Bank industry's average PEG ratio of 1.13 [3] Industry Overview - The Financial - Investment Bank industry is part of the Finance sector and has a Zacks Industry Rank of 103, placing it in the top 41% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]