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MarketAxess (MKTX) Stock Price, News & Analysis

$256.85
-1.17 (-0.45%)
(As of 09/6/2024 ET)
Today's Range
$254.47
$263.85
50-Day Range
$193.39
$258.02
52-Week Range
$192.42
$297.97
Volume
594,943 shs
Average Volume
415,908 shs
Market Capitalization
$9.73 billion
P/E Ratio
37.72
Dividend Yield
1.15%
Price Target
$238.60

MarketAxess MarketRank™ Stock Analysis

Analyst Rating
Hold
2.09 Rating Score
Upside/​Downside
7.1% Downside
$238.60 Price Target
Short Interest
Healthy
1.97% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.44
Upright™ Environmental Score
News Sentiment
1.23mentions of MarketAxess in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$242,656 Sold Last Quarter
Proj. Earnings Growth
13.05%
From $7.05 to $7.97 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.

4.34 out of 5 stars

Finance Sector

104th out of 871 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

Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
MarketAxess Announces Monthly Volume Statistics for August 2024
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
MarketAxess Holdings Inc.
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Ex-Dividend for 9/4 Dividend
8/21/2024
Dividend Payable
9/04/2024
Today
9/07/2024
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
-7.1%
Consensus Rating
Hold
Rating Score (0-4)
2.09
Research Coverage
11 Analysts

Profitability

Net Income
$258.05 million
Pretax Margin
43.55%

Debt

Sales & Book Value

Annual Sales
$777.51 million
Cash Flow
$9.39 per share
Book Value
$35.21 per share

Miscellaneous

Free Float
36,889,000
Market Cap
$9.73 billion
Optionable
Optionable
Beta
1.07

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MKTX Stock Analysis - Frequently Asked Questions

How have MKTX shares performed this year?

MarketAxess' stock was trading at $292.85 at the beginning of 2024. Since then, MKTX shares have decreased by 12.3% and is now trading at $256.85.
View the best growth stocks for 2024 here
.

How were MarketAxess' earnings last quarter?

MarketAxess Holdings Inc. (NASDAQ:MKTX) released its quarterly 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. MarketAxess's revenue for the quarter was up 9.9% on a year-over-year basis.
Read the conference call transcript
.

How will MarketAxess' stock buyback program work?

MarketAxess' Board of Directors authorized a share repurchase plan on Tuesday, August 6th 2024, which allows the company to repurchase $250,000,000 in shares, according to EventVestor. This means that the company could buy up to 2.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is 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 LiquidityEdge.

Who are MarketAxess' major shareholders?

Top institutional shareholders 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 9/7/2024 by MarketBeat.com Staff

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