Analysts predict CME Group Inc (CME) stock to reach $224.14 in the next 12 months

CME Group Inc [CME] stock is trading at $237.08, up 0.46%. An important factor to consider is whether the stock is rising or falling in short-term value. The CME shares have gain 1.19% over the last week, with a monthly amount glided 4.18%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CME Group Inc [NASDAQ: CME] stock has seen the most recent analyst activity on October 08, 2024, when Redburn Atlantic downgraded its rating to a Neutral but kept the price target unchanged to $244 for it. Previously, RBC Capital Mkts started tracking the stock with Sector Perform rating on September 27, 2024, and set its price target to $235. On September 26, 2024, TD Cowen initiated with a Hold rating and assigned a price target of $221 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $177 on September 03, 2024. JP Morgan downgraded its rating to a Underweight and reduced its price target to $187 on June 21, 2024. Barclays downgraded its rating to Equal Weight for this stock on January 08, 2024, and downed its price target to $222. In a note dated January 03, 2024, Goldman downgraded an Sell rating on this stock but restated the target price of $195.

CME Group Inc [CME] stock has fluctuated between $190.70 and $249.02 over the past year. Currently, Wall Street analysts expect the stock to reach $224.14 within the next 12 months. CME Group Inc [NASDAQ: CME] shares were valued at $237.08 at the most recent close of the market. An investor can expect a potential drop of -5.46% based on the average CME price forecast.

Analyzing the CME fundamentals

CME Group Inc [NASDAQ:CME] reported sales of 6.04B for the trailing twelve months, which represents a growth of 18.43%. Gross Profit Margin for this corporation currently stands at 0.83% with Operating Profit Margin at 0.64%, Pretax Profit Margin comes in at 0.74%, and Net Profit Margin reading is 0.57%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.13 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.12.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 234.79 points at the first support level, and at 232.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 239.58, and for the 2nd resistance point, it is at 242.08.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 14.14, the price to book ratio is 3.02 and price to earnings (TTM) ratio is 24.93.

Transactions by insiders

Recent insider trading involved Cook Elizabeth A, Director, that happened on Nov 12 ’24 when 750.0 shares were sold. Director, Cook Elizabeth A completed a deal on Nov 12 ’24 to buy 750.0 shares. Meanwhile, Director GEPSMAN MARTIN J sold 400.0 shares on Nov 04 ’24.

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