CME stock: buy or sell?
July 16th, 2019
CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide.
Should I buy CME stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, 2 buy setups work for CME stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is CME stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 14 ratings published for CME stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-3||Wells Fargo & Co||n/a||Market Perform|
|2019-7-3||Wells Fargo & Co||n/a||Market Perform|
|2019-3-22||JPMorgan Chase & Co.||n/a||Underweight|
|2019-2-15||Sanford C. Bernstein||n/a||Outperform|
|2019-2-15||JPMorgan Chase & Co.||Neutral||Underweight|
|2019-1-9||Jefferies Financial Group||n/a||Buy|
|2019-1-11||Bank of America||Buy||Neutral|
CME stock analysis
CME decreased -1.23% to $203.48 after topping to all time highs on Friday.
CME decreased -1.23% today to $203.48 after reaching all time highs on Friday. For the last 15 days when SMA100d and SMA200d crossed up, CME price gained $9.37 per share (4.83%). On May CME price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. On Friday, CME hit new all time highs, pushing higher previous ATH of $206.48 recorded on Thursday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Shares of CME closed this week at $203.48 and declined a rough -1.92%. Early June CME skyrocketed an impressive 5.30% in just one week.
CME stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last price record CME marked last week. Since early July when SMA20w and SMA40w crossed up, CME price gained $9.37 per share (4.83%). Early May CME price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
CME stock price history
CME stock went public on December 6th, 2002 with a price of $4.871. Since then, CME stock surged a 4,078.20%, with an average of 254.90% per year. If you had invested $1,000 in CME stock in 2002, it would worth $40,782.00 today.
1: Adjusted price after possible price splits or reverse-splits.
CME stock historical price chart
CME stock reached all-time highs on Friday with a price of $207.84.
CME stock price target is $193.80How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 13 price targets for CME stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-3||Wells Fargo & Co||Reiterates||$176.00||$200.00||13.6%|
|2019-7-3||Wells Fargo & Co||Raises Target||$176.00||$200.00||13.6%|
|2019-7-3||UBS Group||Raises Target||$190.00||$194.00||2.1%|
|2019-6-5||UBS Group||Raises Target||$175.00||$190.00||8.6%|
|2019-5-2||UBS Group||Lowers Target||$179.00||$175.00||-2.2%|
|2019-5-2||Citigroup||Set Price Target||n/a||$202.00||-|
|2019-3-22||JPMorgan Chase & Co.||Lowers Target||$164.00||$150.00||-8.5%|
|2019-3-15||Deutsche Bank||Lowers Target||$220.00||$214.00||-2.7%|
|2019-2-15||Sanford C. Bernstein||Reiterates||n/a||$210.00||-|
|2019-1-9||Jefferies Financial Group||Reiterates||n/a||$204.00||-|
|2019-1-11||Bank of America||Reiterates||$200.00||$191.00||-4.5%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on February, CME . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, CME annual sales boosted a super good 18.24% to $4,309.40 million dollars from $3,644.70 marked in 2017. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) plunged a -65.95% to 45.53%.
|2013||$2,930 M||-||$977 M33.3%||-|
|2014||$3,113 M||6.23%||$1,127 M36.2%||15.39%|
|2015||$3,327 M||6.89%||$1,247 M37.5%||10.64%|
|2016||$3,595 M||8.07%||$1,534 M42.7%||23.02%|
|2017||$3,645 M||1.38%||$4,063 M111.5%||164.87%|
|2018||$4,309 M||18.24%||$1,962 M45.5%||-51.71%|
Quarterly financial resultsCME posted $1,236.60 M in sales for 2018-Q4, a 36.76% up compared to previous quarter. Reported quarter earnings marked $385.50 M with a profit margin of 31.17%. Profit margin plummed a -14.37% compared to previous quarter when profit margin was 45.54%. When comparing revenues to same quarter last year, CME sales marked a dazzling increase and rocketed a 37.40%.
|2017-Q2||$925 M||-||$416 M45.0%||-|
|2017-Q3||$891 M||-3.66%||$309 M34.6%||-25.78%|
|2017-Q4||$900 M||1.03%||$2,939 M326.6%||852.43%|
|2018-Q1||$1,109 M||23.22%||$599 M54.0%||-79.63%|
|2018-Q2||$1,060 M||-4.45%||$566 M53.4%||-5.46%|
|2018-Q3||$904 M||-14.67%||$412 M45.5%||-27.26%|
|2018-Q4||$1,237 M||36.76%||$386 M31.2%||-6.39%|
|2019-Q1||$1,180 M||-4.61%||$497 M42.1%||28.90%|
CME ownershipWhen you are planning to buy a stock, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For CME, 1.64% of all outstanding shares are owned by its staff.
Bearish positions for CME stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$72.8 B||$0.0 M||$0.0 M||$51.8 B||$13.6 B|
|Total shares||358.0 M||0.0 M||0.0 M||563.9 M||37.7 M|
|Float shares||348.9 M||0.0 M||0.0 M||557.5 M||36.3 M|
|- Institutional holdings (%)||87.9%||0.0%||0.0%||0.0%||106.0%|
|- Insider holdings (%)||1.6%||0.0%||0.0%||93.2%||2.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, July 16th, 2019|
|Day range||$203.30 - $207.18|
|Average true range||$3.22|
|50d mov avg||$193.37|
|100d mov avg||$182.42|
|200d mov avg||$181.31|
CME performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare CME to Cboe Global Markets, Interactive Brokers, Intercontinental Exchange, MarketAxess, MSCI and Nasdaq:
|CBOECboe Global Marke...||12.97%||20.71%||10.37%|
CME competitorsOne check before investing in any stock is to have a look a list of its competitors, in this case for CME. We picked 6 companies as CME competitors as they are in the same industry or have similar market objectives.
- Cboe Global Markets (CBOE)
- Interactive Brokers (IBKR)
- Intercontinental Exchange (ICE)
- MarketAxess (MKTX)
- MSCI (MSCI)
- Nasdaq (NDAQ)
Latest CME stock news
- Seeking AlphaCME Group: More Growth, But It's A Little ExpensiveMarch 19, 2019
- Seeking AlphaCME: Stock Is Not Cheap, But Will Benefit From Higher Interest Rates And Rate VolatilityOctober 8, 2018
- InvestorPlaceDon’t Be Fooled by the Recent Surge of CME StockOctober 8, 2018
- InvestorPlaceTrade of the Day: CME Group Inc (CME)June 15, 2018