CME Group Inc (NASDAQ: CME) is 7.20% higher on its value in year-to-date trading and has touched a low of $186.08 and a high of $246.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CME stock was last observed hovering at around $241.74 in the last trading session, with the day’s gains setting it 7.22%.
Currently trading at $248.96, the stock is 4.86% and 6.38% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.49 million and changing 2.99% at the moment leaves the stock 16.71% off its SMA200. CME registered 24.41% gain for a year compared to 6-month gain of 23.50%. The firm has a 50-day simple moving average (SMA 50) of $235.9814 and a 200-day simple moving average (SMA200) of $217.53365.
The stock witnessed a 8.50% loss in the last 1 month and extending the period to 3 months gives it a 13.07%, and is 3.03% up 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 1.74% over the week and 1.64% over the month.
CME Group Inc (CME) has around 3565 employees, a market worth around $89.72B and $6.13B in sales. Current P/E ratio is 25.74 and Fwd P/E is 22.69. Profit margin for the company is 56.79%. Distance from 52-week low is 33.79% and 0.90% from its 52-week high. The company has generated returns on investments over the last 12 months (11.94%).
The EPS is expected to grow by 1.33% this year
The shares outstanding are 360.36M, and float is at 359.18M with Short Float at 1.25%.
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 1,369 shares of the company’s common stock on Jan 16 ’25 at a price of $227.96 per share for a total of $0.31 million. Following the purchase, the insider now owns 0.26 million shares.
CME Group Inc disclosed in a document filed with the SEC on Jan 16 ’25 that SHEPARD WILLIAM R (Director) bought a total of 60 shares of the company’s common stock. The trade occurred on Jan 16 ’25 and was made at $227.96 per share for $13757.0. Following the transaction, the insider now directly holds 2432.0 shares of the CME stock.
Still, SEC filings show that on Dec 27 ’24, SHEPARD WILLIAM R (Director) acquired 264 shares at an average price of $232.89 for $61568.0. The insider now directly holds 255,436 shares of CME Group Inc (CME).
