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Marketaxess Holdings (MKTX)
NASDAQ:MKTX
Marketaxess Holdings (MKTX) Stock Price & Analysis
611 Followers
MKTX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$192.42 - $295.98
Previous Close$219.16
Volume486.56K
Average Volume (3M)430.38K
Market Cap
$8.31B
Enterprise Value$7.75B
Total Cash (Recent Filing)$631.26M
Total Debt (Recent Filing)$79.68M
Price to Earnings (P/E)32.1
Beta1.29
Next Earnings
Aug 06, 2024EPS Estimate
$1.69Last Dividend Ex-Date
May 21, 2024Dividend Yield1.33%
Share Statistics
EPS (TTM)6.82
Shares Outstanding37,896,895
10 Day Avg. Volume404,612
30 Day Avg. Volume430,382
Standard Deviation0.12
R-Squared0.21
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)7.86
Price to Sales (P/S)9.79
Price to Cash Flow (P/CF)13.00
P/FCF Ratio14.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.60
Enterprise Value/Gross Profit14.21
Enterprise Value/Ebitda30.59
Forecast
1Y Price Target
$229.73Price Target Upside4.82% Upside
Rating ConsensusHold
Number of Analyst Covering12
Marketaxess Holdings News
Bulls Say, Bears Say
Bulls Say
Expense ManagementManagement expects the full-year 2024 operating expenses are tracking at the lower end of the $480mn to $500mn range, implying better expense control.
Market ShareMarketAxess continues to benefit from increased activity and transparency in the fixed-income markets and has achieved record-high trading volume and market share.
Technology And InnovationA record number of client firms utilized MKTX’s new technologies, and the product roadmap points to further progress over the next 12 months.
Bears Say
Market ShareMarket share trends posted year-over-year losses across both US investment-grade credit and US high-yield credit.
RevenuePreliminary average fee per million for total credit was $149 for May, down from $164 in the prior year and down from $150 in April.
Trading TrendsChallenging trading trends and continued divergence between the credit platforms pressure the top-line growth trajectory.
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Ownership Overview
4.38% Insiders
38.86% Mutual Funds
30.68% Other Institutional Investors
26.08% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MKTX FAQ
What was Marketaxess Holdings’s price range in the past 12 months?
Marketaxess Holdings lowest stock price was $192.42 and its highest was $295.98 in the past 12 months.
What is Marketaxess Holdings’s market cap?
Currently, no data Available
When is Marketaxess Holdings’s upcoming earnings report date?
Marketaxess Holdings’s upcoming earnings report date is Aug 06, 2024 which is in 15 days.
How were Marketaxess Holdings’s earnings last quarter?
Marketaxess Holdings released its earnings results on May 07, 2024. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.873 by $0.047.
Is Marketaxess Holdings overvalued?
According to Wall Street analysts Marketaxess Holdings’s price is currently Undervalued.
Does Marketaxess Holdings pay dividends?
Marketaxess Holdings pays a Quarterly dividend of $0.74 which represents an annual dividend yield of 1.33%. See more information on Marketaxess Holdings dividends here
What is Marketaxess Holdings’s EPS estimate?
Marketaxess Holdings’s EPS estimate is $1.69.
How many shares outstanding does Marketaxess Holdings have?
Marketaxess Holdings has 37,896,896 shares outstanding.
What happened to Marketaxess Holdings’s price movement after its last earnings report?
Marketaxess Holdings reported an EPS of $1.92 in its last earnings report, beating expectations of $1.873. Following the earnings report the stock price went down -2.384%.
Which hedge fund is a major shareholder of Marketaxess Holdings?
Among the largest hedge funds holding Marketaxess Holdings’s share is Guardcap Asset Management Ltd. It holds Marketaxess Holdings’s shares valued at 532M.
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Marketaxess Holdings Stock Smart Score
Unlock Smart Score
1
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$229.73 (4.82% Upside)
$229.73 (4.82% Upside)
Blogger Sentiment
Bullish
MKTX Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 466.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $99.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 9.9%
Last 30 Days ▲ 9.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.00%
12-Months-Change
Fundamentals
Return on Equity
21.07%
Trailing 12-Months
Asset Growth
18.33%
Trailing 12-Months
Company Description
Marketaxess Holdings
MarketAxess Holdings, Inc. operates as an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. It also provides data and analytical tools that help its clients to make trading decisions and facilitate the trading process by electronically communicating order information between trading counterparties. The firm's patented trading technology allows institutional investor clients to request competitive, executable bids, or offers from multiple broker dealers simultaneously and to execute trades with the broker dealer of their choice. The company was founded by Richard M. Mcvey on April 11, 2000 and is headquartered in New York, NY.
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MKTX Company Deck
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MKTX Earnings Call
Q1 2024
0:00 / 0:00
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MKTX Revenue Breakdown
88.10% Commissions
6.16% Information services
5.34% Post-trade services
0.40% Other
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MKTX Stock 12 Month Forecast
Average Price Target
$229.73
▲(4.82% Upside)
Technical Analysis
Best Analysts Covering MKTX
1 Year
1 Year Success Rate
8/11 ratings generated profit
1 Year Average Return
+10.92%
reiterated a sell rating 3 months ago
Copying Andrew Bond's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +10.92% per trade.
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