China and US agree to extend trade tariff truce, says Li
Cboe Global Markets (NYSE:CBOE) Inc. reached an all-time high with its stock price hitting 243.72 USD, showcasing the company’s strong performance in the market. According to InvestingPro data, the company maintains a "GREAT" financial health score, with particularly strong profitability metrics. Over the past year, Cboe has experienced a significant increase, with its stock price rising by 51.53%. The company has demonstrated solid fundamentals with 15.76% revenue growth and has maintained dividend payments for 16 consecutive years, with a current yield of 1.13%. This milestone reflects the company’s robust growth and investor confidence, as it continues to expand its influence in the global financial markets. The achievement of this all-time high underscores Cboe’s strategic initiatives and adaptability in an ever-evolving economic landscape. While nine analysts have revised their earnings upwards for the upcoming period, current valuations suggest the stock may be trading above its Fair Value. Discover more detailed insights and 12 additional ProTips with an InvestingPro subscription.
In other recent news, Cboe Global Markets announced its decision to close its Japanese equities business, including its proprietary trading system and BIDS Japan block trading platform, by August 29, 2025. This move is part of a strategic shift to focus resources on areas with potentially better returns for shareholders. Additionally, Cboe has increased the annual equity incentive awards for executives Chris Isaacson and Patrick Sexton due to their expanded global roles. The awards include both restricted stock units and performance share units with specific vesting schedules and performance criteria. In analyst updates, Jefferies raised its price target for Cboe to $233, citing stronger-than-expected index options and European equities volume. UBS maintained a Neutral rating on Cboe, while slightly increasing its earnings per share estimate for the second quarter of 2025 due to robust index options performance. Meanwhile, Raymond (NSE:RYMD) James reiterated a Market Perform rating on Cboe, expressing uncertainty about the sustainability of growth in Cboe’s index options complex.
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