Interactive Brokers Group Inc [IBKR] stock Downgrade by Keefe Bruyette analyst, price target now $135

EXFY

Interactive Brokers Group Inc [NASDAQ: IBKR] traded at a high on Wednesday, posting a 5.40 gain after which it closed the day’ session at $233.45.

The results of the trading session contributed to over 2817153 shares changing hands. Over the past one week, the price volatility of Interactive Brokers Group Inc stands at 4.15% while the volatility over the past one month is 3.46%.

The market cap for IBKR stock reached $98.64 billion, with 108.88 million shares outstanding and 104.75 million shares in the current float. Compared to the average trading volume of 1.34M shares, IBKR reached a trading volume of 2817153 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Interactive Brokers Group Inc [IBKR]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IBKR shares is $234.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IBKR stock is a recommendation set at 1.58. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Keefe Bruyette have made an estimate for Interactive Brokers Group Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on July 11, 2024. While these analysts kept the previous recommendation, Goldman dropped their target price from $88 to $102. The new note on the price target was released on January 09, 2024, representing the official price target for Interactive Brokers Group Inc stock. Previously, the target price had yet another raise to $100, while Redburn Atlantic analysts kept a Buy rating on IBKR stock.

The Average True Range (ATR) for Interactive Brokers Group Inc is set at 7.79, with the Price to Sales ratio for IBKR stock in the period of the last 12 months amounting to 10.49. The Price to Book ratio for the last quarter was 6.13, with the Price to Cash per share for the same quarter was set at 173.83. Price to Free Cash Flow for IBKR in the course of the last twelve months was 6.43.

How has IBKR stock performed recently?

Interactive Brokers Group Inc [IBKR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.51. With this latest performance, IBKR shares gained by 27.07% in over the last four-week period, additionally plugging by 114.86% over the last 6 months – not to mention a rise of 142.85% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IBKR stock in for the last two-week period is set at 73.98, with the RSI for the last a single of trading hit 76.57, and the three-weeks RSI is set at 72.11 for Interactive Brokers Group Inc [IBKR]. The present Moving Average for the last 50 days of trading for this stock 191.14, while it was recorded at 223.00 for the last single week of trading, and 146.41 for the last 200 days.

Earnings analysis for Interactive Brokers Group Inc [IBKR]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IBKR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Interactive Brokers Group Inc go to 7.98%.

Insider trade positions for Interactive Brokers Group Inc [IBKR]

There are presently around $87.50%, or 89.94%% of IBKR stock, in the hands of institutional investors. The top three institutional holders of IBKR stocks are: VANGUARD GROUP INC with ownership of 9.92 million shares, which is approximately 9.2623%. BLACKROCK INC., holding 9.3 million shares of the stock with an approximate value of $$1.14 billion in IBKR stocks shares; and BLACKROCK INC., currently with $$853.51 million in IBKR stock with ownership which is approximately 6.502%.