Q2 Earnings Forecast for MarketAxess Issued By William Blair

MarketAxess Holdings Inc. (NASDAQ:MKTX - Free Report) - Analysts at William Blair lifted their Q2 2025 earnings per share estimates for shares of MarketAxess in a research report issued on Tuesday, July 15th. William Blair analyst J. Schmitt now anticipates that the financial services provider will post earnings per share of $1.94 for the quarter, up from their previous forecast of $1.89. William Blair has a "Outperform" rating on the stock. The consensus estimate for MarketAxess' current full-year earnings is $7.79 per share.

MarketAxess (NASDAQ:MKTX - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The financial services provider reported $1.87 EPS for the quarter, beating analysts' consensus estimates of $1.82 by $0.05. The company had revenue of $208.58 million for the quarter, compared to analyst estimates of $211.81 million. MarketAxess had a return on equity of 19.93% and a net margin of 26.57%. The company's quarterly revenue was down .8% compared to the same quarter last year. During the same period last year, the company earned $1.92 earnings per share.

Several other research firms have also recently issued reports on MKTX. Morgan Stanley decreased their price objective on shares of MarketAxess from $283.00 to $274.00 and set an "overweight" rating for the company in a report on Tuesday. Wall Street Zen upgraded MarketAxess from a "sell" rating to a "hold" rating in a research report on Saturday, July 12th. Barclays cut their price objective on MarketAxess from $240.00 to $237.00 and set an "equal weight" rating for the company in a report on Thursday, July 10th. UBS Group reaffirmed a "buy" rating and set a $295.00 target price on shares of MarketAxess in a report on Tuesday, July 8th. Finally, Bank of America upped their price target on shares of MarketAxess from $189.00 to $191.00 and gave the company an "underperform" rating in a report on Wednesday, April 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $240.67.

MarketAxess Stock Down 0.8%

MarketAxess stock traded down $1.59 during trading hours on Friday, hitting $208.84. 368,602 shares of the company traded hands, compared to its average volume of 498,942. MarketAxess has a 1-year low of $186.84 and a 1-year high of $296.68. The firm has a market cap of $7.83 billion, a P/E ratio of 36.32, a P/E/G ratio of 2.77 and a beta of 0.85. The firm's 50-day simple moving average is $219.17 and its two-hundred day simple moving average is $215.22.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MKTX. Comerica Bank boosted its position in MarketAxess by 0.9% during the 1st quarter. Comerica Bank now owns 5,181 shares of the financial services provider's stock worth $1,121,000 after acquiring an additional 48 shares during the period. MassMutual Private Wealth & Trust FSB lifted its position in shares of MarketAxess by 49.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 164 shares of the financial services provider's stock worth $35,000 after purchasing an additional 54 shares in the last quarter. State of Wyoming boosted its holdings in shares of MarketAxess by 13.6% during the fourth quarter. State of Wyoming now owns 483 shares of the financial services provider's stock worth $109,000 after purchasing an additional 58 shares during the period. Federated Hermes Inc. grew its position in MarketAxess by 13.0% during the first quarter. Federated Hermes Inc. now owns 522 shares of the financial services provider's stock valued at $113,000 after purchasing an additional 60 shares in the last quarter. Finally, Guggenheim Capital LLC grew its position in MarketAxess by 3.7% during the fourth quarter. Guggenheim Capital LLC now owns 1,701 shares of the financial services provider's stock valued at $384,000 after purchasing an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 99.01% of the company's stock.

About MarketAxess

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.