FLIR Systems, Inc. (NASDAQ: FLIR), RBC Bearings Incorporated (NASDAQ: ROLL), Shoe Carnival (NASDAQ: SCVL), 8×8, Inc. (NASDAQ: EGHT), Fidelity National Information Services (NYSE: FIS) and Interactive Brokers (NASDAQ: IBKR) upgraded by analysts.
RBC Bearings Incorporated (ROLL) was upgraded by Keybanc from a “Hold” rating to a “Buy” rating. They have a price target of $40.00 on the company.
Shoe Carnival (SCVL) was upgraded by Avondale Partners from a “Market Perform” rating to an “Outperform” rating. They have a price target of $31.00 on the company.
8×8, Inc. (EGHT) was upgraded by Northland Securities from an “Outperform” rating to a “Market Perform” rating. They cited valuation as the catalyst behind the call.
Fidelity National Information Services (FIS) was upgraded by SunTrust (NYSE:STI) from a “Reduce” rating to a “Neutral” rating.
Interactive Brokers (IBKR) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating.
FLIR Systems, Inc. (FLIR) was upgraded by Raymond James (NYSE:RJF) from a “Market Perform” rating to an “Outperform” rating.
Showing posts with label Interactive Brokers Group. Show all posts
Showing posts with label Interactive Brokers Group. Show all posts
Wednesday, August 10, 2011
Thursday, January 6, 2011
Interactive Brokers Group (NASDAQ:IBKR) 2010 EPS Estimate Lowered
Even though Interactive Brokers Group (NASDAQ:IBKR) had a weak December, Gabelli sees them positioned strongly to grow their business.
Gabelli said, "We are lowering our 2010 EPS estimate to $0.52 from $0.60 following December trading metrics, which declined from November due to seasonal factors including holiday schedules and lower company news flow...The company will report 4Q earnings in the third week of January. We estimate brokerage pre-tax of $75.2 mm vs. $63 mm in 3Q. Trading metrics improved sequentially, while the company received a boost from interest balances...Despite a disappointing quarter for market making, we continue to believe IBG is well positioned to grow its brokerage business."
Gabelli maintains a "Buy" rating on Interactive Brokers Group, which closed Wednesday at $17.77, gaining $0.14, or 0.79 percent.
Gabelli said, "We are lowering our 2010 EPS estimate to $0.52 from $0.60 following December trading metrics, which declined from November due to seasonal factors including holiday schedules and lower company news flow...The company will report 4Q earnings in the third week of January. We estimate brokerage pre-tax of $75.2 mm vs. $63 mm in 3Q. Trading metrics improved sequentially, while the company received a boost from interest balances...Despite a disappointing quarter for market making, we continue to believe IBG is well positioned to grow its brokerage business."
Gabelli maintains a "Buy" rating on Interactive Brokers Group, which closed Wednesday at $17.77, gaining $0.14, or 0.79 percent.
Wednesday, December 1, 2010
Interactive Brokers Group's (NASDAQ:IBKR) Dividend Could Drive Investor Interest
With Interactive Brokers Group (NASDAQ:IBKR) increasingly willing to return capital to shareholders, their dividend will probably drive more interest in the company.
Ticonderoga said, "...Given the cash flow generating capacity of the business (cash balances are up - $500m since the beginning of the year, while borrowings have declined) and management's newfound willingness to return excess capital to shareholders, we believe the dividend could raise some new interest in IBKR. We are still waiting to see how the regulatory endgame plays out, but generally believe it will be positive for IBKR. We continue to see upside in the stock to the low $20s...Our 4Q10 EPS estimate stands at $0.25, above consensus estimates of $0.21...our 2010/2011 EPS estimates ($0.70/1.29)."
They maintain a "Buy" rating on Interactive Brokers Group, which closed Tuesday at $18.31, gaining $0.75, or 4.27 percent. Ticonderoga has a price target of $20 on them.
Ticonderoga said, "...Given the cash flow generating capacity of the business (cash balances are up - $500m since the beginning of the year, while borrowings have declined) and management's newfound willingness to return excess capital to shareholders, we believe the dividend could raise some new interest in IBKR. We are still waiting to see how the regulatory endgame plays out, but generally believe it will be positive for IBKR. We continue to see upside in the stock to the low $20s...Our 4Q10 EPS estimate stands at $0.25, above consensus estimates of $0.21...our 2010/2011 EPS estimates ($0.70/1.29)."
They maintain a "Buy" rating on Interactive Brokers Group, which closed Tuesday at $18.31, gaining $0.75, or 4.27 percent. Ticonderoga has a price target of $20 on them.
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