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How Analysts View TD Ameritrade after Fiscal 2Q18
Of the 19 analysts covering TD Ameritrade (AMTD) in April 2018, seven have recommended “strong buy,” five have recommended “buy,” six have recommended “hold,” and one has recommended “strong sell.”
What Analysts Are Saying about TD Ameritrade
TD Ameritrade Holding (AMTD) is tracked by 19 analysts in March 2018. Eight of them are suggesting a “hold” for the stock.
Analysts’ Post-1Q18 Views on TD Ameritrade
Ratings for AMTD Of the 19 analysts covering TD Ameritrade (AMTD), seven have recommended “strong buy,” three have recommended “buy,” eight have recommended “hold,” and one has recommended “strong sell” in January 2018. In December 2017, six analysts recommended “strong buy,” three recommended “buy,” nine recommended “hold,” and one recommended “strong sell.” There were no “sell” recommendations. […]
What Could Improve TD Ameritrade’s Valuation
Lower valuation TD Ameritrade (AMTD) has an NTM (next-12-month) PE (price-to-earnings) ratio of 18.4x, trading at a discount to peers’ average of 20.1x. Peers Financial Engines (FNGN), Raymond James Financial (RJF), and CBOE Global Markets (CBOE) have NTM PE ratios of 17.7x, 14.3x, and 28.3x, respectively. TD Ameritrade could recover from its discounted valuation with quarterly payouts and […]
TD Ameritrade’s Net Interest Revenue and Operating Expenses
Total operating expenses In 1Q18, TD Ameritrade (AMTD) incurred total operating expenses of $921 million, compared with $506 million in fiscal 1Q17. For its acquisition of Scottrade, the company incurred expenses of $179 million. These expenses comprised professional service expenses of $8 million, employment expenses of $81 million, and other operating expenses of $85 million. TD Ameritrade […]
A Look at TD Ameritrade’s Net Revenue in Fiscal 1Q18
Net revenue TD Ameritrade’s (AMTD) net revenue comprises transaction-based, asset-based, and other revenue. The company’s transaction-based revenue, which consists of commissions and transaction fees, amounted to $440 million in fiscal 1Q18. According to the company, its transaction revenue surpassed estimates thanks to favorable momentum in trading volumes. TD Ameritrade’s commission rates stood at $7.54 per trade—within […]
TD Ameritrade Reports Strong Results, Beats Revenue Estimates
In 1Q18, TD Ameritrade (AMTD) reported strong results, with EPS (earnings per share) of $0.52—in line with Wall Street analysts’ estimates.
Wall Street Analysts’ Ratings on Interactive Brokers
In November 2017, six analysts were tracking Interactive Brokers Group (IBKR) and one analyst gave a “strong sell” rating while another rated the stock as “strong buy.”
What’s Behind the Higher Valuations of Interactive Brokers Group?
Interactive Brokers Group (IBKR) has a price-to-earnings ratio on NTM (next-12-month) basis of 33.30x. The average price-to-earnings ratio on an NTM (next-12-month) basis for its peers stood at 15.82x.
Interactive Brokers Group: Why Total Net Revenues Rose
Interactive Brokers Group (IBKR) has witnessed a rise in the total net revenues from $345 million in 3Q16 to $426 million in 3Q17, reflecting positive momentum in interest income and other income.
Understanding TD Ameritrade’s Valuations
Wall Street analysts have given AMTD stock a one-year price target of $48.50, which reflects a 12.9% rise from its current price.
TD Ameritrade: Projected Total Dividends in Fiscal 2017
In fiscal 2017, TD Ameritrade Holding (AMTD) is expected to declare total dividends of $0.72 per share, which reflects a rise of 5.9% from fiscal 2016.
CME Returned $1.6 Billion in 2015: What About Dividends?
CME Group (CME) has returned more than $5.6 billion to shareholders in the form of dividends since the variable dividend policy in 2012. In 2015, CME declared dividends of $1.6 billion.
Interest Rate Volumes Fell for CME: Will New Products Help?
CME Group (CME) purchased the Chicago Board of Trade in 2007 to expand its rates business. Since then, near-zero interest rates have led to lower returns for the company.
Were CME’s Energy Trades Helped by WTI?
CME Group (CME) reported a 13% rise in volumes of energy trades for 4Q15 to an average 2.0 million contracts per day compared to the prior year’s quarter.
Intercontinental Exchange Returned $991 Million to Shareholders
Intercontinental Exchange (ICE) returned $991 million to shareholders in 2015. This was comprised of approximately $331 million in dividends and $660 million in share repurchases.
Intercontinental Exchange Expanded Transaction Revenue on Rates
Intercontinental Exchange (ICE) reported a 4% decline in its transaction and clearing revenue. It totaled $811 million in 4Q15 compared to $844 million in 4Q14.
Intercontinental Exchange Beat 4Q15 Estimates
Intercontinental Exchange (ICE) reported its 4Q15 earnings on February 4, 2016. It beat Wall Street analysts’ adjusted EPS estimates of $3.01 with posted EPS of $3.27.
CME Continues to Trade at a Premium on Interest Rates, Energy
CME stock has been historically valued at a premium compared to its peers. The company commands a premium, mainly due to higher volumes in interest rates, foreign exchange, and energy trades.
CME to Benefit from Rising Interest Rates, Strategic Alliances
CME’s profits were primarily driven by energy, interest rates, and foreign exchange products. It reported total revenues of $850 million in 3Q15, up by 12% compared to the prior year’s quarter.
Intercontinental Exchange Expanded on Equities and Commodities
Intercontinental Exchange’s 3Q15 profit grew mainly due to growth across its segments and reduced operating expenses.
Intercontinental Exchange Rides on Highly Volatile Energy Markets
As of June 2015, Intercontinental Exchange (ICE) stock has appreciated by about 4% over the past six months. It has appreciated 25% over the last year.
Volatility in the Global Derivatives Market Is Positive for ICE
In 1Q15, volatility and volumes fell in the broader market. Volumes fell by 7%, while open interest rose 4% from the beginning of the year.
