For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Momentum investors, who live by the saying “the trend is your friend,” are most interested in taking advantage of upward or downward trends in a stock’s price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
Incorporated in 1977 and headquartered in Greenwich, CT, Interactive Brokers Group Inc. operates as an automated global electronic market maker and broker. The company specializes in routing orders, besides executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on more than 150 electronic exchanges and market centers worldwide.
IBKR boasts a Momentum Style Score of A and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating. Shares of Interactive Brokers Group, Inc. has seen some interesting price action recently; the stock is down 2.8% over the past one week and up 9.2% over the past four weeks. And in the last one-year period, IBKR has gained 84.9%. As for the stock’s trading volume, 1,054,139.13 shares on average were traded over the last 20 days.
Momentum investors also pay close attention to a company’s earnings. For IBKR, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.08 to $6.89 per share for 2024. IBKR boasts an average earnings surprise of 0.4%.
IBKR should be on investors’ short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.
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Interactive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report
