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NASDAQ:MKTX

MarketAxess (MKTX) Stock Price, News & Analysis

$232.62
+1.43 (+0.62%)
(As of 08/21/2024 ET)
Today's Range
$228.94
$232.85
50-Day Range
$193.39
$241.04
52-Week Range
$192.42
$297.97
Volume
321,776 shs
Average Volume
418,827 shs
Market Capitalization
$8.82 billion
P/E Ratio
34.16
Dividend Yield
1.27%
Price Target
$238.60

MarketAxess MarketRank™ Stock Analysis

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
2.6% Upside
$238.60 Price Target
Short Interest
Healthy
2.40% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.44
Upright™ Environmental Score
News Sentiment
0.53mentions of MarketAxess in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$242,656 Sold Last Quarter
Proj. Earnings Growth
13.00%
From $7.00 to $7.91 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.36 out of 5 stars

Finance Sector

164th out of 863 stocks

Security Brokers & Dealers Industry

8th out of 26 stocks

MKTX stock logo

About MarketAxess Stock (NASDAQ:MKTX)

MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. The company offers trading technology that provides liquidity access in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides trading-related products and services, including composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring specialized workflow solutions; connectivity solutions that facilitate straight-through processing; and technology services to optimize trading environments. In addition, the company offers various pre-and post-trade services, such as trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.

MKTX Stock Price History

MKTX Stock News Headlines

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
MarketAxess Holdings Inc.
MarketAxess: Q2 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 6/5 Dividend
5/21/2024
Dividend Payable
6/05/2024
Last Earnings
8/06/2024
Today
8/21/2024
Ex-Dividend for 9/4 Dividend
8/21/2024
Dividend Payable
9/04/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Specialized Finance
Current Symbol
NASDAQ:MKTX
CUSIP
57060D10
Employees
740
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$238.60
High Stock Price Target
$300.00
Low Stock Price Target
$199.00
Potential Upside/Downside
+2.6%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
$258.05 million
Pretax Margin
43.60%

Debt

Sales & Book Value

Annual Sales
$777.51 million
Cash Flow
$9.32 per share
Book Value
$34.11 per share

Miscellaneous

Free Float
36,889,000
Market Cap
$8.82 billion
Optionable
Optionable
Beta
1.03

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MKTX Stock Analysis - Frequently Asked Questions

How have MKTX shares performed this year?

MarketAxess' stock was trading at $292.85 on January 1st, 2024. Since then, MKTX shares have decreased by 20.6% and is now trading at $232.62.
View the best growth stocks for 2024 here
.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) issued its earnings results on Tuesday, August, 6th. The financial services provider reported $1.72 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.04. The firm's revenue was up 9.9% compared to the same quarter last year.
Read the conference call transcript
.

How will MarketAxess' stock buyback program work?

MarketAxess' Board of Directors approved a stock buyback program on Tuesday, August 6th 2024, which allows the company to buy back $250,000,000 in shares, according to EventVestor. This means that the company could buy up to 2.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its shares are undervalued.

What is Rick McVey's approval rating as MarketAxess' CEO?

41 employees have rated MarketAxess Chief Executive Officer Rick McVey on Glassdoor.com. Rick McVey has an approval rating of 96% among the company's employees. This puts Rick McVey in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does MarketAxess have any subsidiaries?

MarketAxess subsidiaries include these companies: LiquidityEdge.

Who are MarketAxess' major shareholders?

Top institutional investors of MarketAxess include Van ECK Associates Corp (4.82%), Primecap Management Co. CA (3.51%), Marshall Wace LLP (2.16%) and Bank of New York Mellon Corp (1.17%). Insiders that own company stock include Kevin M Mcpherson, Christopher R Concannon, Stephen P Casper, Steven L Begleiter, Christophe Pierre Danie Roupie, Scott Pintoff, Richard Leon Prager and Nicholas Themelis.
View institutional ownership trends
.

How do I buy shares of MarketAxess?

Shares of MKTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of MarketAxess own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MarketAxess investors own include NVIDIA (NVDA), PayPal (PYPL), Visa (V), Netflix (NFLX), Advanced Micro Devices (AMD), Broadcom (AVGO) and Intel (INTC).

This page (NASDAQ:MKTX) was last updated on 8/22/2024 by MarketBeat.com Staff

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