rts logo

CME Group Inc (CME) Stock Could Soon Reward Patient Investors

CME Group Inc (NASDAQ: CME) is -1.20% lower on its value in year-to-date trading and has touched a low of $186.08 and a high of $242.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CME stock was last observed hovering at around $229.20 in the last trading session, with the day’s gains setting it 0.25%.

Currently trading at $229.45, the stock is -0.67% and 0.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing 0.11% at the moment leaves the stock 9.19% off its SMA200. CME registered 18.87% gain for a year compared to 6-month gain of 21.57%. The firm has a 50-day simple moving average (SMA 50) of $231.8476 and a 200-day simple moving average (SMA200) of $214.98645.

The stock witnessed a -1.69% loss in the last 1 month and extending the period to 3 months gives it a 6.28%, and is -1.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.54% over the week and 1.33% over the month.

CME Group Inc (CME) has around 3565 employees, a market worth around $82.69B and $6.04B in sales. Current P/E ratio is 24.13 and Fwd P/E is 22.10. Profit margin for the company is 56.62%. Distance from 52-week low is 23.31% and -5.57% from its 52-week high. The company has generated returns on investments over the last 12 months (10.95%).

with sales reaching $1.52B over the same period.The EPS is expected to grow by 9.14% this year, but quarterly earnings will post 9.53% year-over-year. Quarterly sales are estimated to grow 5.38% in year-over-year returns.

CME Group Inc (CME) Top Institutional Holders

1900.0 institutions hold shares in CME Group Inc (CME), with institutional investors hold 89.99% of the company’s shares. The shares outstanding are 359.56M, and float is at 359.19M with Short Float at 1.20%. Institutions hold 89.58% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 33.57 million shares valued at $6.6 billion. The investor’s holdings represent 9.344% of the CME Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 25.66 million shares valued at $5.05 billion to account for 7.1435 of the shares outstanding. The other top investors are STATE STREET CORP which holds 16.02 million shares representing 4.4585% and valued at over $3.15 billion, while CAPITAL WORLD INVESTORS holds 3.44 of the shares totaling 12.36 million with a market value of $2.43 billion.

CME Group Inc (CME) Insider Activity

The most recent transaction is an insider purchase by SHEPARD WILLIAM R, the company’s Director. SEC filings show that SHEPARD WILLIAM R bought 264 shares of the company’s common stock on Dec 27 ’24 at a price of $232.89 per share for a total of $61568.0. Following the purchase, the insider now owns 0.26 million shares.

CME Group Inc disclosed in a document filed with the SEC on Dec 27 ’24 that SHEPARD WILLIAM R (Director) bought a total of 12 shares of the company’s common stock. The trade occurred on Dec 27 ’24 and was made at $232.89 per share for $2714.0. Following the transaction, the insider now directly holds 2372.0 shares of the CME stock.

Still, SEC filings show that on Nov 12 ’24, Cook Elizabeth A (Director) disposed off 750 shares at an average price of $226.33 for $0.17 million. The insider now directly holds 18,239 shares of CME Group Inc (CME).

Related Posts