Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Marketaxess Holdings (MKTX)
NASDAQ:MKTX
Holding MKTX?
Track your performance easily
MKTX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$192.42 - $296.68
Previous CloseN/A
Volume248.45K
Average Volume (3M)459.79K
Market Cap
$8.36B
Enterprise Value$9.21B
Total Cash (Recent Filing)$168.24M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)29.5
Beta0.67
Next Earnings
Jan 22, 2025EPS Estimate
1.7Last Dividend Ex-Date
Nov 20, 2024Dividend Yield1.36%
Share Statistics
EPS (TTM)7.39
Shares Outstanding37,704,365
10 Day Avg. Volume442,797
30 Day Avg. Volume459,787
Standard Deviation0.12
R-Squared0.21
Alpha-0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)10.11
Price to Cash Flow (P/CF)21.60
P/FCF Ratio24.70
Enterprise Value/Market Cap1.10
Enterprise Value/Revenue11.34
Enterprise Value/Gross Profit16.87
Enterprise Value/Ebitda32.06
Forecast
1Y Price Target
$257.78Price Target Upside16.27% Upside
Rating ConsensusHold
Number of Analyst Covering9
Marketaxess Holdings News
Bulls Say, Bears Say
Bulls Say
International ExpansionMKTX is effectively driving penetration in new protocols internationally, with RFM volume and DRFQ volume rising by 42% and 47% year-over-year, respectively.
Market ShareDecember market share increased by 150 basis points in US Investment Grade and by 240 basis points in High Yield.
Trading VolumeRates average daily volume of $27.1 billion was 64% higher year over year and exceeded consensus estimates by 2%.
Bears Say
EarningsThere is a lowering of 2025/26 EPS estimates due to softer credit revenues and an upward revision to expenses.
Financial PerformanceHigh-yield credit volumes saw a significant decline of 31% year-over-year.
Market ShareUS High Grade market share was down -260bps year over year to 19.5% in December, and US High Yield market share declined -350bps year over year to 14.7%.
---
Ownership Overview
2.17% Insiders
32.88% Mutual Funds
0.38% Other Institutional Investors
32.19% 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.
---
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 $296.68 in the past 12 months.
What is Marketaxess Holdings’s market cap?
Marketaxess Holdings’s market cap is $8.36B.
When is Marketaxess Holdings’s upcoming earnings report date?
Marketaxess Holdings’s upcoming earnings report date is Jan 22, 2025 which is in 4 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 $2.96 which represents an annual dividend yield of 1.36%. See more information on Marketaxess Holdings dividends here
What is Marketaxess Holdings’s EPS estimate?
Marketaxess Holdings’s EPS estimate is 1.7.
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 -1.534%.
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 513M.
---
Marketaxess Holdings Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$257.78 (16.27% Upside)
$257.78 (16.27% Upside)
Blogger Sentiment
Bullish
MKTX Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 131.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $13.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 3.1%
Last 30 Days ▲ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.53%
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.
---
MKTX Company Deck
---
MKTX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant growth in revenue, international trading, and emerging markets, supported by strategic partnerships and automation. However, challenges in U.S. high-grade market share and high-yield activity, along with increased variable expenses, present areas to address. The sentiment remains mixed with strong positives balanced by notable challenges.Read More>---
MKTX Revenue Breakdown
79.35% Americas
18.20% Europe
2.45% Asia
---
MKTX Stock 12 Month Forecast
Average Price Target
$257.78
▲(16.27% Upside)
Technical Analysis
Intercontinental Exchange
―
CME Group
―
Cboe Global Markets
―
Nasdaq
―
MSCI
―
S&P Global
―
Best Analysts Covering MKTX
1 Year
1 Year Success Rate
8/11 ratings generated profit
1 Year Average Return
+7.76%
reiterated a sell rating 9 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 +7.76% per trade.
---