CME Group: Improved Valuation Offset By Low Market Volatility And Higher Rates [Seeking Alpha]
CME Group Inc. - Class A (CME)
Last cme group inc. - class a earnings: 4/29 07:00 am
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US:NASDAQ Investor Relations:
investor.cmegroup.com
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Source: Seeking Alpha
The company's valuation is lower than it has been but still high compared to most equities, particularly given the sharp increase in risk-free rates. If implied volatility levels remain as low as they are, I expect CME to be disappointed in 2024. That said, there is reason to believe volatility will rebound soon. While most financial sector stocks have performed poorly in recent years, market exchange companies have held their ground. Notable examples such as CME Group ( NASDAQ: CME ) have avoided the sharp price declines seen in many other financials since interest rates were raised. Exchange companies continue to benefit from decent market volumes and activity, which are popular among investors for their relatively anti-cyclical revenue streams. Theoretically, CME Group benefits from increased market volatility as it drives higher transaction volumes for CME. That pattern is made relatively clear when comparing CME's revenue per share to S&P 500 and CBOE (options market) volu
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CME
News
- UPDATE 1-US natgas drops on lower feedgas to Freeport LNG, storage surplus [Yahoo! Finance]Yahoo! Finance
- Crude oil prices today: WTI prices are up 1.65% today [USA TODAY]USA TODAY
- CME Group Inc. (NASDAQ:CME) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CME Group Inc. (NASDAQ: CME) had its price target raised by analysts at Barclays PLC from $226.00 to $228.00. They now have an "equal weight" rating on the stock.MarketBeat
- CME Group Inc. (NASDAQ: CME) had its price target raised by analysts at JPMorgan Chase & Co. from $198.00 to $206.00. They now have a "neutral" rating on the stock.MarketBeat
CME
Earnings
- 4/24/24 - Beat
CME
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 8-K
- 4/3/24 - Form 4/A
- CME's page on the SEC website