IBG, Inc.(US:IBKR) ZACKS·2024-11-27 23:50Core Insights - Interactive Brokers Group, Inc. (IBKR) stock closed at $191.31, down 0.85%, underperforming the S&P 500's loss of 0.38% [1] - The stock has increased by 26.24% over the past month, outperforming the Finance sector's gain of 6.66% and the S&P 500's gain of 3.76% [1] Financial Performance Expectations - Analysts expect IBKR to report earnings of $1.70 per share, reflecting a year-over-year growth of 11.84% [2] - Revenue is projected at $1.29 billion, indicating a 12.9% increase from the same quarter last year [2] - For the full year, earnings are expected to be $6.81 per share and revenue at $5.11 billion, representing changes of +18.43% and +17.68% respectively from the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts are crucial as they reflect near-term business trends, with positive changes indicating optimism about the company's profitability [4] - The Zacks Rank system, which considers these estimate changes, currently ranks IBKR at 3 (Hold) [6] Valuation Metrics - IBKR has a Forward P/E ratio of 28.33, which is a premium compared to the industry average of 17.11 [7] - The PEG ratio for IBKR is 1.51, slightly below the Financial - Investment Bank industry's average PEG ratio of 1.56 [8] Industry Ranking - The Financial - Investment Bank industry holds a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [9]