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Interactive Brokers Group, Inc. (IBKR) Surpasses Market Returns: Some Facts Worth Knowing
IBG, Inc.IBG, Inc.(US:IBKR) ZACKSยท2024-09-23 23:06

Company Performance - Interactive Brokers Group, Inc. (IBKR) closed at $135.19, reflecting a +1.63% change from the previous day, outperforming the S&P 500's gain of 0.28% [1] - The stock has increased by 7.8% over the past month, surpassing the Finance sector's gain of 3.08% and the S&P 500's gain of 2% [1] - The upcoming financial results are anticipated to show an EPS of $1.71, a 10.32% increase year-over-year, and revenue of $1.25 billion, a 9.13% rise from the same quarter last year [1] Full Year Estimates - Analysts expect earnings of $6.81 per share and revenue of $4.98 billion for the full year, indicating changes of +18.43% and +14.74% respectively from the previous year [2] - Recent changes in analyst estimates reflect short-term business trends, with upward revisions indicating positive sentiment towards the company's operations [2] Zacks Rank and Valuation - Interactive Brokers Group, Inc. holds a Zacks Rank of 2 (Buy), with a Forward P/E ratio of 19.55, which is higher than the industry average of 17.06, indicating a premium valuation [3] - The company has a PEG ratio of 1.19, aligning with the Financial - Investment Bank industry's average PEG ratio of 1.19 [3] Industry Overview - The Financial - Investment Bank industry is part of the Finance sector and currently holds a Zacks Industry Rank of 63, placing it in the top 25% of over 250 industries [4] - The top 50% rated industries, as per the Zacks Industry Rank, tend to outperform the bottom half by a factor of 2 to 1 [4]