MKTX

MarketAxess Holdings Inc. [MKTX] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

MKTX Stock Summary

Top MKTX Correlated Resources

MKTX


Top 10 Correlated ETFs

MKTX


Top 10 Correlated Stocks

MKTX


In the News

12:02 10 Dec 2023 MKTX

Taking a Closer Look at MarketAxess' (MKTX) 9.8% 2-Day Rally

MarketAxess (MKTX) achieves record November trading volumes in Eurobonds, reaching $43.7 billion.

04:59 10 Dec 2023 MKTX

Why MarketAxess Holdings Rocketed Higher Again Today

An analyst raised his price target on the shares. This was a double-digit raise, from $270 to $300 per share.

06:25 10 Dec 2023 MKTX

Why MarketAxess Holdings Crushed the Market Today

Trading volume was heavy in November. The more trades MarketAxess facilitiates, the better it tends to do.

08:00 10 Dec 2023 MKTX

Down 7% In The Last Three Month, Can MarketAxess Stock Turn Into A Winner?

MarketAxess saw its stock trading at around $256 at the end of June 2022, just before the Fed started increasing rates, and is trading 9% below that level now.

02:28 10 Dec 2023 MKTX

MarketAxess Holdings, Inc. (MKTX) Q3 2023 Earnings Call Transcript

MarketAxess Holdings, Inc. (NASDAQ:MKTX ) Q3 2023 Earnings Conference Call October 25, 2023 10:00 AM ET Company Participants Stephen Davidson - Head of Investor Relations Chris Concannon - Chief Executive Officer Richard Schiffman - Global Head of Trading Solutions Christopher Gerosa - Chief Financial Officer Conference Call Participants Christopher Allen - Citigroup Patrick Moley - Piper Sandler Alex Kramm - UBS Benjamin Budish - Barclays Capital Daniel Fannon - Jefferies Brian Bedell - Deutsche Bank Simon Clinch - Redburn Atlantic Kyle Voigt - KBW Michael Cyprys - Morgan Stanley Alexander Blostein - Goldman Sachs Patrick O'Shaughnessy - Raymond James Operator Ladies and gentlemen, thank you for standing by. Welcome to the MarketAxess Third Quarter 2023 Earnings Conference Call.

01:32 10 Dec 2023 MKTX

MarketAxess (MKTX) Q3 Earnings Miss on Higher Expenses

MarketAxess (MKTX) anticipates expenses between $432 million and $438 million for this year, the mid-point of which indicates an 11.1% increase from the 2022 reported figure.

09:01 10 Dec 2023 MKTX

MarketAxess (MKTX) Lags Q3 Earnings and Revenue Estimates

MarketAxess (MKTX) came out with quarterly earnings of $1.46 per share, missing the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.58 per share a year ago.

09:46 10 Dec 2023 MKTX

Will High Expenses Hurt MarketAxess (MKTX) in Q3 Earnings?

MarketAxess' (MKTX) Q3 results are expected to suffer from increased expenses and reduced trading volume in the rates product line, partly offset by strong growth in variable transaction fees.

04:10 10 Dec 2023 MKTX

MarketAxess to Host Conference Call Announcing Third Quarter 2023 Financial Results on Wednesday, October 25, 2023

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, will issue a press release announcing its third quarter 2023 financial results on Wednesday, October 25, 2023, before the market opens. Chris Concannon, Chief Executive Officer, Richard Schiffman, Global Head of Trading Solutions and Christopher Gerosa, Chief Financial Officer, will host a conference call to discuss the Company's financial result.

09:57 10 Dec 2023 MKTX

MarketAxess: Bullish Trajectory Appears To Be Gaining Momentum

MarketAxess Holdings Inc. has retested its support level and is assuming a bullish trajectory, making it a potential buy. The company's launch of open trading for local currency bonds in emerging markets could increase revenue and market share. MarketAxess has a solid business model, strong financial footing, and positive technical indicators, making it an attractive investment opportunity.

MKTX Financial details

Company Rating
Buy
Market Cap
9.86B
Income
247.65M
Revenue
733.2M
Book val./share
31.08
Cash/share
10.58
Dividend
2.88
Dividend %
1.1%
Employees
744
Optionable
No
Shortable
Yes
Earnings
17 Oct 2023
P/E
38.92
Forward P/E
35.12
PEG
-99.17
P/S
13.45
P/B
8.42
P/C
24.73
P/FCF
34.03
Quick Ratio
2.59
Current Ratio
2.95
Debt / Equity
0.14
LT Debt / Equity
0.07
-
-
EPS (TTM)
6.61
EPS next Y
7.45
EPS next Q
1.64
EPS this Y
-2.91%
EPS next Y
12.7%
EPS next 5Y
27.59%
EPS last 5Y
7.38%
Revenue last 5Y
10.52%
Revenue Q/Q
-4.2%
EPS Q/Q
-8.13%
-
-
-
-
SMA20
12.16%
SMA50
15.76%
SMA100
-2.84%
Inst Own
69.83%
Inst Trans
0.7%
ROA
16%
ROE
23%
ROC
0.26%
Gross Margin
74%
Oper. Margin
44%
Profit Margin
34%
Payout
32%
Shs Outstand
37.67M
Shs Float
36.92M
-
-
-
-
Target Price
308.8
52W Range
200.01-399.78
52W High
-34.42%
52W Low
+30.84%
RSI
75.88
Rel Volume
0.89
Avg Volume
451.29K
Volume
402.72K
Perf Week
10.37%
Perf Month
23.09%
Perf Quarter
-4.66%
Perf Half Y
-3.64%
-
-
-
-
Beta
0.767232
-
-
Volatility
10.17%, 13.79%
Prev Close
0.31%
Price
261.68
Change
-0.93%

MKTX Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
11.7913.7918.4518.6319.17
Net income per share
4.685.538.016.886.68
Operating cash flow per share
6.067.1710.837.527.72
Free cash flow per share
4.776.249.616.176.33
Cash per share
6.667.2812.3413.8112.4
Book value per share
16.4520.7725.5627.7628.85
Tangible book value per share
14.7515.1619.0720.5322.11
Share holders equity per share
16.4520.7725.5627.7628.85
Interest debt per share
05.285.044.744.43
Market cap
7.81B14.06B21.32B15.43B10.45B
Enterprise value
7.56B13.89B20.95B15.01B10.1B
P/E ratio
45.1868.6171.259.8241.76
Price to sales ratio
17.9327.4930.9322.0714.55
POCF ratio
34.8852.8652.754.6836.13
PFCF ratio
44.2960.859.466.6444.02
P/B Ratio
12.8518.2622.3214.819.67
PTB ratio
12.8518.2622.3214.819.67
EV to sales
17.3627.1630.421.4714.06
Enterprise value over EBITDA
32.9551.4951.2138.725.23
EV to operating cash flow
33.7852.2251.7953.234.92
EV to free cash flow
42.8960.0558.3764.8342.56
Earnings yield
0.020.010.010.020.02
Free cash flow yield
0.020.020.020.020.02
Debt to equity
00.250.20.170.15
Debt to assets
00.210.140.120.1
Net debt to EBITDA
-1.07-0.64-0.9-1.08-0.87
Current ratio
6.254.183.182.642.49
Interest coverage
00328.13400.52466.97
Income quality
1.31.31.351.091.16
Dividend Yield
0.010.0100.010.01
Payout ratio
0.360.370.30.390.42
Sales general and administrative to revenue
0.160.160.130.160.17
Research and developement to revenue
00000
Intangibles to total assets
0.090.220.180.180.16
Capex to operating cash flow
-0.21-0.13-0.11-0.18-0.18
Capex to revenue
-0.11-0.07-0.07-0.07-0.07
Capex to depreciation
-2.06-1.06-1.07-0.84-0.77
Stock based compensation to revenue
0.040.050.040.040.04
Graham number
41.650.8167.8965.5365.85
ROIC
0.280.190.240.20.18
Return on tangible assets
0.270.270.270.20.18
Graham Net
5.163.559.4810.218.27
Working capital
255.25M276.06M616.36M655.47M660.76M
Tangible asset value
545.2M562.25M712.32M770.14M828.24M
Net current asset value
216.2M178.07M522.75M567.04M578.09M
Invested capital
00.250.20.170.15
Average receivables
55.09M59.78M210.75M415.86M513.51M
Average payables
21.8M24.33M29.7M55.66M63.24M
Average inventory
-20.59M-11.23M00-44.46M
Days sales outstanding
48.2144.27190.41246.6281.91
Days payables outstanding
98.2353.7393.31152.09110.77
Days of inventory on hand
-75.16000-178.23
Receivables turnover
7.578.251.921.481.29
Payables turnover
3.726.793.912.43.3
Inventory turnover
-4.86000-2.05
ROE
0.280.270.310.250.23
Capex per share
-1.29-0.94-1.22-1.35-1.38

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric History 2022-06-302022-09-302022-12-312023-03-31 2023-06-30
2.02K2.02K2.02K2.02K2.02K
Revenue per share
4.864.594.755.424.8
Net income per share
1.781.581.581.961.6
Operating cash flow per share
2.52.273.580.22.81
Free cash flow per share
2.221.943.1-0.092.78
Cash per share
8.669.3912.49.9710.58
Book value per share
26.6727.1828.8429.9331.08
Tangible book value per share
19.7320.3922.123.2824.56
Share holders equity per share
26.6727.1828.8429.9331.08
Interest debt per share
4.574.452.214.344.27
Market cap
9.61B8.34B10.45B14.66B9.8B
Enterprise value
9.4B8.1B10.1B14.41B9.48B
P/E ratio
35.8935.1544.1249.7940.93
Price to sales ratio
52.7248.4558.7672.1854.49
POCF ratio
102.6197.9977.871.95K92.98
PFCF ratio
115.46114.8890.03-4.34K93.92
P/B Ratio
9.68.199.6713.088.41
PTB ratio
9.68.199.6713.088.41
EV to sales
51.647.0856.870.9452.73
Enterprise value over EBITDA
89.6487.25106.13125.5798.77
EV to operating cash flow
100.4295.2275.281.91K89.97
EV to free cash flow
112.99111.6387.03-4.26K90.88
Earnings yield
0.010.010.010.010.01
Free cash flow yield
0.010.010.0100.01
Debt to equity
0.170.160.080.150.14
Debt to assets
0.110.110.050.10.1
Net debt to EBITDA
-1.95-2.53-3.66-2.19-3.3
Current ratio
2.312.432.492.62.95
Interest coverage
251.6552.981.49K733.511.43K
Income quality
1.41.432.270.11.76
Dividend Yield
00000
Payout ratio
0.390.440.440.390
Sales general and administrative to revenue
0.160.170.180.160.17
Research and developement to revenue
00000
Intangibles to total assets
0.170.160.160.150.15
Capex to operating cash flow
-0.11-0.15-0.14-1.45-0.01
Capex to revenue
-0.06-0.07-0.1-0.05-0.01
Capex to depreciation
-0.63-0.76-1.05-0.61-0.06
Stock based compensation to revenue
0.040.040.040.040
Graham number
32.7131.1132.0236.3733.42
ROIC
0.050.050.050.050.04
Return on tangible assets
0.050.050.040.050.04
Graham Net
6.477.128.269.629.92
Working capital
629.81M653.88M660.76M682.94M728.68M
Tangible asset value
740.41M764.06M828.24M872.33M920.49M
Net current asset value
544.25M570.6M578.09M601.62M648.76M
Invested capital
0.170.160.080.150.14
Average receivables
750.97M688.75M613.49M606.61M615.57M
Average payables
56.55M45.08M51.31M50.97M39.55M
Average inventory
-86.65M-92.14M-92.62M-44.46M0
Days sales outstanding
348.33351.51280.66291.68286.6
Days payables outstanding
84.7795.14112.7680.360.31
Days of inventory on hand
-174.24-193.47-181.4400
Receivables turnover
0.260.260.320.310.31
Payables turnover
1.060.950.81.121.49
Inventory turnover
-0.52-0.47-0.500
ROE
0.070.060.050.070.05
Capex per share
-0.28-0.33-0.48-0.29-0.03

MKTX Frequently Asked Questions

What is MarketAxess Holdings Inc. stock symbol ?

MarketAxess Holdings Inc. is a US stock , located in New york of Ny and trading under the symbol MKTX

Is MarketAxess Holdings Inc. buy or a sell ?

14 stock analysts have 14 predictions with a medium analyst target price of $316.57. The lowest prediction is $240 and the highest is $402

What is MKTX stock prediction ?

What is MarketAxess Holdings Inc. stock quote today ?

MarketAxess Holdings Inc. stock price is $261.68 today.

Is MarketAxess Holdings Inc. stock public?

Yes, MarketAxess Holdings Inc. is a publicly traded company.

Something similar

Top by Market Cap
Top Correlated Stocks
Similar Market Cap