Interactive Brokers Group, Inc. (IBKR) closed at $126.59, up 0.69% from the previous session, outperforming the S&P 500. The stock has climbed 4.66% in the past month. IBKR is forecasted to report an EPS of $1.59 and revenue of $1.18 billion, showing positive growth. It currently holds a Zacks Rank of #2 (Buy).
Investors should pay attention to IBKR’s upcoming earnings report, with estimates pointing to positive growth. Analysts predict a significant increase in EPS and revenue compared to the previous year. Recent adjustments to estimates indicate positive business outlook, potentially affecting stock performance in the future.
IBKR is currently trading at a premium Forward P/E ratio of 19.36 and a PEG ratio of 1.27, higher than industry averages. The company is in the Finance sector, with a Zacks Industry Rank of 14. Industry analysis shows top-rated sectors outperforming the bottom half by 2 to 1, providing valuable insights for investors.
Zacks experts have identified IBKR as a top stock pick with potential for substantial growth. The company’s strong financials, increasing earnings estimates, and industry performance suggest a promising outlook for investors. IBKR’s stock analysis and future projections can be monitored on Zacks.com for further insights.
Read more at Nasdaq: Interactive Brokers Group, Inc. (IBKR) Rises Higher Than Market: Key Facts
