Tradeweb Markets (TW) Stock Price, News & Analysis

Company Overview

Tradeweb Markets Inc., together with its subsidiaries, builds and operates electronic marketplaces worldwide. The company's marketplaces facilitate trading in a range of asset classes, including rates, credit, money markets, and equities. It offers pre-trade data and analytics, trade execution, and trade processing, as well as post-trade data, analytics, and reporting services. The company provides flexible order and trading systems to institutional investors. It also offers a range of electronic, voice, and hybrid platforms to dealers and financial institutions on electronic or hybrid markets with Dealerweb platform; and trading solutions for financial advisory firms and traders with Tradeweb Direct platform. The company serves in the institutional, wholesale, and retail client sectors. Its customers include asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms, retail brokerage and financial advisory firms, and regional dealers. The company was founded in 1996 and is headquartered in New York, New York. Tradeweb Markets Inc. operates as a subsidiary of Refinitiv Parent Limited.

Key Stats

• Today's Range: $116.79 to $120.02
• 50-Day Range: $104.94 to $119.55
• 52-Week Range: $78.75 to $120.11
• Volume: 663,325 shs
• Average Volume: 592,891 shs
• Market Capitalization: $28.08 billion
• P/E Ratio: 62.87
• Dividend Yield: 0.34%
• Price Target: $116.09
• Consensus Rating: Moderate Buy

Tradeweb Markets Stock Analysis - MarketRank™

Tradeweb Markets scored higher than 82% of companies evaluated by MarketBeat, and ranked 260th out of 946 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Tradeweb Markets has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Tradeweb Markets has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 15.11%

Earnings Growth

Earnings for Tradeweb Markets are expected to grow by 15.11% in the coming year, from $2.78 to $3.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tradeweb Markets is 62.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tradeweb Markets is 62.87, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 48.07.

Price to Earnings Growth Ratio

Tradeweb Markets has a PEG Ratio of 2.53. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tradeweb Markets has a P/B Ratio of 4.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.64% of the outstanding shares of Tradeweb Markets have been sold short.

Short Interest Ratio / Days to Cover

Tradeweb Markets has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tradeweb Markets has recently increased by 5.56%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Tradeweb Markets has a dividend yield of 0.33%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tradeweb Markets does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tradeweb Markets is 21.16%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Tradeweb Markets will have a dividend payout ratio of 12.50% next year. This indicates that Tradeweb Markets will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.2 / 5
• Environmental Score: -0.51

Percentage of Shares Shorted

0.64% of the outstanding shares of Tradeweb Markets have been sold short.

Short Interest Ratio / Days to Cover

Tradeweb Markets has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tradeweb Markets has recently increased by 5.56%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: 0.37

News Sentiment

Tradeweb Markets has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Tradeweb Markets this week, compared to 3 articles on an average week.

Search Interest

Only 21 people have searched for TW on MarketBeat in the last 30 days. This is a decrease of -28% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Tradeweb Markets insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,167,997.00 in company stock.

Percentage Held by Insiders

Only 1.90% of the stock of Tradeweb Markets is held by insiders.

Percentage Held by Institutions

99.48% of the stock of Tradeweb Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TW Stock Analysis - Frequently Asked Questions

How have TW shares performed this year?

Tradeweb Markets' stock was trading at $90.88 at the start of the year. Since then, TW stock has increased by 30.7% and is now trading at $118.82.
View the best growth stocks for 2024 here.

How were Tradeweb Markets' earnings last quarter?

Tradeweb Markets Inc. (NASDAQ:TW) posted its quarterly earnings results on Thursday, July, 25th. The company reported $0.70 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.01. The firm's quarterly revenue was up 30.4% compared to the same quarter last year.

When did Tradeweb Markets IPO?

Tradeweb Markets (TW) raised $682 million in an initial public offering on Thursday, April 4th 2019. The company issued 27,300,000 shares at a price of $24.00-$26.00 per share. J.P. Morgan, Citigroup, Goldman Sachs and Morgan Stanley​ acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Credit Suisse, Deutsche Bank Securities, UBS Investment Bank, Wells Fargo Securities, Jefferies and Sandler O’Neill + Partners were co-managers.

Who are Tradeweb Markets' major shareholders?

Tradeweb Markets' top institutional shareholders include Allspring Global Investments Holdings LLC (0.95%), Primecap Management Co. CA (0.68%), American Century Companies Inc. (0.61%) and CCLA Investment Management (0.49%). Insiders that own company stock include Lee Olesky, William Hult, Enrico Bruni, Sara Furber, Simon Maisey, Justin Peterson, Douglas Friedman, Scott Zucker, Steven Berns, Troy Dixon and Rana Yared.
View institutional ownership trends.

How do I buy shares of Tradeweb Markets?

Shares of TW 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 Tradeweb Markets own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tradeweb Markets investors own include NVIDIA (NVDA), Alibaba Group (BABA), Visa (V), The Cigna Group (CI), Cisco Systems (CSCO), Intel (INTC) and Verizon Communications (VZ).

Company Calendar

• Last Earnings: 7/25/2024
• Ex-Dividend for 9/16 Dividend: 9/03/2024
• Dividend Payable: 9/16/2024
• Today: 9/18/2024
• Next Earnings (Estimated): 10/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Security & commodity brokers, dealers, exchanges & services
• Sub-Industry: Human Resource & Employment Services
• Current Symbol: NASDAQ:TW
• Previous Symbol: NYSE:WW
• CUSIP: 89189410
• CIK: 1470215
• Web: www.tradeweb.com
• Phone: (646) 430-6000
• Fax: N/A
• Employees: 1,179
• Year Founded: 1996

Price Target and Rating

• Average Stock Price Target: $116.09
• High Stock Price Target: $130.00
• Low Stock Price Target: $101.00
• Potential Upside/Downside: -2.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.73
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.89
• Trailing P/E Ratio: 62.87
• Forward P/E Ratio: 42.74
• P/E Growth: 2.53
• Net Income: $364.87 million
• Net Margins: 28.66%
• Pretax Margin: 43.12%
• Return on Equity: 10.27%
• Return on Assets: 8.74%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.77
• Quick Ratio: 3.77

Sales & Book Value

• Annual Sales: $1.34 billion
• Price / Sales: 20.98
• Cash Flow: $3.05 per share
• Price / Cash Flow: 38.99
• Book Value: $25.23 per share
• Price / Book: 4.71

Miscellaneous

• Outstanding Shares: 236,300,000
• Free Float: 231,689,000
• Market Cap: $28.08 billion
• Optionable: Optionable
• Beta: 1.01