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Marketaxess Holdings (MKTX)
NASDAQ:MKTX
Holding MKTX?
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MKTX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$192.42 - $297.97
Previous Close$267.81
Volume323.71K
Average Volume (3M)372.13K
Market Cap
$10.10B
Enterprise Value$9.51B
Total Cash (Recent Filing)$660.22M
Total Debt (Recent Filing)$75.08M
Price to Earnings (P/E)36.3
Beta0.72
Next Earnings
Jan 22, 2025EPS Estimate
$1.85Last Dividend Ex-Date
Nov 20, 2024Dividend Yield1.1%
Share Statistics
EPS (TTM)7.39
Shares Outstanding37,704,364
10 Day Avg. Volume387,441
30 Day Avg. Volume372,134
Standard Deviation0.12
R-Squared0.22
Alpha-0.00939
Financial Highlights & Ratios
Price to Book (P/B)7.28
Price to Sales (P/S)12.15
Price to Cash Flow (P/CF)26.50
P/FCF Ratio30.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.72
Enterprise Value/Gross Profit17.43
Enterprise Value/Ebitda33.13
Forecast
1Y Price Target
$278.60Price Target Upside4.96% Upside
Rating ConsensusHold
Number of Analyst Covering10
Marketaxess Holdings News
PremiumMarket News
VOO ETF Update, 10/31/2024 Bulls Say, Bears Say
Bulls Say
Advancement In Trading ToolsPotential positive share impacts from the rollout of new trading tools/analytics.
International Protocol PenetrationMKTX is effectively driving penetration in new protocols internationally with RFM volume and DRFQ volume up 42% and 47% year-over-year, respectively.
Market Share GrowthMKTX market share is expected to benefit in both IG and HY from lower issuance, higher credit spreads/volatility, wider bid-ask spreads, increased ETF activity, and lower PT activity.
Bears Say
Election OutcomeThe election outcome is seen as an incremental negative for MKTX due to the watering down of Basel III End Game and the negative implications of higher benchmark interest rates for issuance and FPM.
Financial PerformanceThere is a lowering of 2025/26 EPS estimates due to softer credit revenues and an upward revision to expenses.
Market ShareUS HY market share declined -330bps y/y to 12.1%, representing the lowest level of market share since Jan 2020.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 $297.97 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 Jan 22, 2025 which is in 62 days.
How were Marketaxess Holdings’s earnings last quarter?
Marketaxess Holdings released its earnings results on Nov 06, 2024. The company reported $1.9 earnings per share for the quarter, beating the consensus estimate of $1.844 by $0.056.
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 1.1%. See more information on Marketaxess Holdings dividends here
What is Marketaxess Holdings’s EPS estimate?
Marketaxess Holdings’s EPS estimate is $1.85.
How many shares outstanding does Marketaxess Holdings have?
Marketaxess Holdings has 37,704,365 shares outstanding.
What happened to Marketaxess Holdings’s price movement after its last earnings report?
Marketaxess Holdings reported an EPS of $1.9 in its last earnings report, beating expectations of $1.844. Following the earnings report the stock price went down -1.533%.
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 550M.
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Marketaxess Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$278.60 (4.96% Upside)
$278.60 (4.96% Upside)
Blogger Sentiment
Bullish
MKTX Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 6.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days <0.1%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.53%
12-Months-Change
Fundamentals
Return on Equity
21.63%
Trailing 12-Months
Asset Growth
5.50%
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
Q3 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
$278.60
▲(4.96% Upside)
Technical Analysis
Best Analysts Covering MKTX
1 Year
1 Year Success Rate
10/13 ratings generated profit
1 Year Average Return
+13.42%
reiterated a buy rating 2 months ago
Copying Christopher Allen's trades and holding each position for 1 Year would result in 76.92% of your transactions generating a profit, with an average return of +13.42% per trade.
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